Alston & Bird served as tax counsel to Plymouth Industrial REIT in its $2.1 billion all-cash sale to affiliates of Makarora Management and Ares Alternative Credit funds. The transaction, which includes a 30-day go-shop period, is expected to close in early 2026, subject to shareholder and regulatory approvals.
The Alston & Bird team advising Plymouth was led by partners Raleigh Johnston and Don Hammett and included Sarah Ma (Federal & International Tax and REITs).