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Industrial Logistics Properties Trust

3.49
-0.1500-4.12%
Post-market: 3.490.00000.00%16:05 EDT
Volume:225.00K
Turnover:787.94K
Market Cap:230.84M
PE:-2.39
High:3.64
Open:3.64
Low:3.46
Close:3.64
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Company Profile

Company Name:
Industrial Logistics Properties Trust
Exchange:
NASDAQ
Establishment Date:
2017
Employees:
- -
Office Location:
Two Newton Place,255 Washington Street, Suite 300,Newton,Massachusetts,United States
Zip Code:
02458-1634
Fax:
617 219 1468
Introduction:
Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

Directors

Name
Position
John G. Murray
Director,President and Chief Executive Officer
Adam D. Portnoy
Director
Bruce M. Gans
Director
Joseph L. Morea
Director
Kevin C. Phelan
Director
Lisa Harris Jones
Director

Shareholders

Name
Position
John G. Murray
Director,President and Chief Executive Officer
Yael Duffy
Chief Operating Officer
Richard W. Siedel, Jr.
Chief Financial Officer and Treasurer