Industrial Logistics Properties Trust

Industrial Logistics Properties Trust is a real estate investment trust that owns and leases industrial and logistics properties across the United States. The company generates revenue primarily through long-term leases with tenants occupying its portfolio of warehouses, distribution centers, and related facilities. As of December 31, 2025, ILPT owned 409 properties containing approximately 59.6 million rentable square feet distributed across 39 states, representing a diversified geographic footprint aligned with major logistics and supply chain corridors.

The company's revenue is concentrated among creditworthy tenants, with approximately 76 percent of annualized rental revenues derived from investment-grade tenants, subsidiaries of investment-grade entities, or Hawaii land leases. This tenant quality composition reflects ILPT's focus on long-term stable cash flows typical of institutional-grade industrial real estate portfolios.

ILPT is managed by The RMR Group, an alternative asset manager with over $37 billion in assets under management and four decades of experience in commercial real estate acquisition, disposition, financing, and operations. The company is incorporated in Maryland, listed on Nasdaq, and headquartered in Newton, Massachusetts.