Business Description
Industrial Logistics Properties Trust (ILPT) owns and rents warehouse and distribution buildings across the United States, with a portfolio of 409 properties spanning nearly 59.6 million square feet in 39 states. The majority of its rental income comes from financially stable, investment-grade tenants, giving the business a reliable and consistent revenue base. ILPT is managed by The RMR Group, a firm with four decades of experience in commercial real estate and more than $37 billion in assets under management. Founded in Maryland in 2017 and based in Newton, Massachusetts, ILPT operates as a real estate investment trust.
