Stock of the Day

Industrial Logistics Properties Trust (ILPT)

$3.81

-$0.16 (-4.0%)

Market Cap: $262.59M

About Industrial Logistics Properties Trust

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.

Recent News

• Q4 2024 Industrial Logistics Properties Trust Earnings Call (uk.finance.yahoo.com)
• JMP Securities Sticks to Their Hold Rating for Industrial Logistics Properties (ILPT) (markets.businessinsider.com)
• Industrial Logistics Properties Trust outlines Q1 2025 FFO guidance of $0.16-$0.18 per share (msn.com)
• Industrial Logistics Properties Trust (ILPT) Q4 2024 Earnings Call Highlights: Strong Leasing ... (gurufocus.com)
• Q4 2024 Industrial Logistics Properties Trust Earnings Call Transcript (gurufocus.com)
• Industrial Logistics Properties Trust (ILPT) Q4 2024 Earnings Call Transcript (seekingalpha.com)
• Industrial Logistics Properties Trust Announces Fourth Quarter 2024 Results (businesswire.com)