Stock of the Day

Industrial Logistics Properties Trust (ILPT)

$5.92

-$0.07 (-1.2%)

Market Cap: $396.19M

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

• Industrial Logistics Properties Trust (ILPT) Soars 14.7%: Is Further ... (nasdaq.com)
• Industrial Logistics Properties Trust (ILPT) Soars 14.7%: Is Further ... (nasdaq.com)
• Industrial Logistics Properties Trust (ILPT) Now Trades Above ... - Nasdaq (nasdaq.com)
• Industrial Logistics Properties Shares Rise After Dividend Hike (marketwatch.com)
• Industrial Logistics Properties Trust Increases Quarterly Distribution on Common Shares to $0.05 Per Share or $0.20 Per Share Per Year (finance.yahoo.com)
• Industrial Logistics Properties Trust Increases Quarterly Distribution on Common Shares to $0. ... (gurufocus.com)
• Industrial Logistics Properties Trust Increases Quarterly Distribution on Common Shares to $0. ... (gurufocus.com)
• Despite Fast-paced Momentum, Industrial Logistics Properties Trust (ILPT) Is Still a Bargain Stock - Nasdaq (nasdaq.com)