ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
IPO Year: 2018
Exchange: NASDAQ
Website: ilptreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/9/2025 | $5.00 | Buy | B. Riley Securities |
| 5/18/2022 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 3/4/2022 | $35.00 → $30.00 | Buy | B. Riley Securities |
| 11/26/2021 | $28.00 → $25.00 | Sector Perform | RBC Capital |
| 10/20/2021 | $28.00 | Hold | Berenberg |
| 8/3/2021 | $26.00 → $28.00 | Sector Perform | RBC Capital |
| 7/30/2021 | $27.00 → $30.00 | Market Outperform | JMP Securities |
B. Riley Securities resumed coverage of Industrial Logistics Properties Trust with a rating of Buy and set a new price target of $5.00
JMP Securities downgraded Industrial Logistics Properties Trust from Mkt Outperform to Mkt Perform
B. Riley Securities reiterated coverage of Industrial Logistics with a rating of Buy and set a new price target of $30.00 from $35.00 previously
RBC Capital reiterated coverage of Industrial Logistics with a rating of Sector Perform and set a new price target of $25.00 from $28.00 previously
Berenberg initiated coverage of Industrial Logistics Properties Trust with a rating of Hold and set a new price target of $28.00
RBC Capital reiterated coverage of Industrial Logistics with a rating of Sector Perform and set a new price target of $28.00 from $26.00 previously
JMP Securities reiterated coverage of Industrial Logistics with a rating of Market Outperform and set a new price target of $30.00 from $27.00 previously
BTIG Research initiated coverage of Industrial Logistics Properties Trust with a rating of Neutral
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that Marc Krohn has been appointed Vice President. Mr. Krohn is a Vice President of The RMR Group (NASDAQ:RMR), whose responsibilities include overseeing the leasing, operations, and management of ILPT's mainland industrial portfolio. Mr. Krohn has more than 20 years of commercial real estate experience. Prior to joining RMR in 2015, he held senior roles at CBRE, Duke Realty and Zeller Realty Corporation. About Industrial Logistics Properties Trust ILPT is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of March 31, 2024, ILPT's portfolio consisted of
Office Properties Income Trust (NASDAQ:OPI) today announced that Yael Duffy has been appointed President and Chief Operating Officer, effective January 1, 2024. Ms. Duffy will continue to serve as President and Chief Operating Officer of Industrial Logistics Properties Trust (NASDAQ:ILPT). She is also a Senior Vice President of The RMR Group (NASDAQ:RMR), overseeing asset management, leasing and property management for all office, industrial and retail properties managed by RMR. Ms. Duffy succeeds Christopher Bilotto who has been elected President and Chief Executive Officer of Diversified Healthcare Trust (NASDAQ:DHC), effective January 1, 2024. About Office Properties Income Trust
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2023. Ms. Sy has served in finance and accounting leadership roles at The RMR Group (NASDAQ:RMR) since 2020. Most recently, she was Chief Financial Officer and Treasurer of Tremont Realty Capital and Seven Hills Realty Trust. Prior to joining RMR, Ms. Sy held leadership positions in accounting at AlerisLife Inc. (then known as Five Star Senior Living Inc.) and Bank Rhode Island. Ms. Sy previously practiced public accounting for 15 years, including in the audit practice of Ernst & Young LLP for more than 10 years. Ms. Sy is a
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Mr. Donley has more than 25 years of commercial real estate experience, including expertise in corporate finance and reporting, mergers and acquisitions, capital market transactions and compliance. He has served in various finance and accounting leadership roles at The RMR Group (NASDAQ:RMR) since 1997 and has been promoted to a Senior Vice President of RMR, effective October 1, 2022. Mr. Donley also serves as Chief Financial Officer and Treasurer of Service Properties Trust (NASDAQ:SVC) and is a certified public ac
Elects Matt Jordan as Managing Trustee Industrial Logistics Properties Trust (NASDAQ:ILPT) announced the results of its 2022 Annual Meeting of Shareholders which was held today. Lisa Harris Jones was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Lisa Harris Jones 69.2% Joseph L. Morea was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Joseph L. Morea 63.5% Kevin C. Ph
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that Yael Duffy has been appointed as its President and Chief Operating Officer, effective April 1, 2022. Ms. Duffy has served as Vice President of ILPT since 2019 and as Vice President and Chief Operating Officer of ILPT since 2020. Ms. Duffy is also a Senior Vice President of The RMR Group (NASDAQ:RMR), responsible for overseeing asset management of a portfolio of office, industrial and retail properties managed by RMR, as well as RMR's credit and business analytics teams. Ms. Duffy succeeds John Murray, who is becoming President and Chief Executive Officer of Sonesta International Hotels Corporation (Sonesta), effectiv
$32 Billion Alternative Asset Manager Enhances Capability to Source Private Capital for Investments in Core Real Estate Financial Industry Veteran Brings 30 Years of Experience to RMR The RMR Group Inc. (NASDAQ:RMR) today announced the appointment of Andrew Fay as Senior Vice President. In this new role, Mr. Fay will be responsible for establishing and developing a capital markets team that will focus on sourcing capital from private investment partners including ultra-high net worth investors, family offices, targeted registered investment advisors, foundations and endowments. Adam Portnoy, President & Chief Executive Officer, made the following statement: "We welcome Andy to RMR's sen
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced the results of its 2021 Annual Meeting of Shareholders which was held today. Joseph L. Morea was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Joseph L. Morea 59.1% Shareholders voted to approve executive compensation by means of an advisory vote. The final tabulation of the percentage of shareholders' votes cast for this proposal is as follows: Proposal Percentage of Shares Voted – For Approval of Executive Compensation 92.9% Shareholder