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    Industrial Logistics Properties Trust Announces Third Quarter 2024 Results

    10/29/24 4:15:00 PM ET
    $ILPT
    $RMR
    Real Estate Investment Trusts
    Real Estate
    Professional Services
    Consumer Discretionary
    Get the next $ILPT alert in real time by email

    Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of ILPT's website at https://www.ilptreit.com/investors/financials-information/quarterly-results/default.aspx.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029030657/en/

    A conference call will be held on Wednesday, October 30, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 418-4826 or (412) 902-6758 (if calling from outside the United States and Canada); a pass code is not required. A replay of the conference call will be available for one week by dialing (877) 344-7529; the replay pass code is 4340081. A live audio webcast of the conference call will also be available in a listen-only mode on ILPT's website, at www.ilptreit.com. The archived webcast will be available for replay on ILPT's website after the call. The transcription, recording and retransmission in any way of ILPT's third quarter conference call are strictly prohibited without the prior written consent of ILPT.

    About Industrial Logistics Properties Trust:

    ILPT is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties. As of September 30, 2024, ILPT's portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of September 30, 2024 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 nearly $41 billion in assets under management as of September 30, 2024 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com.

    A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

    No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241029030657/en/

    Get the next $ILPT alert in real time by email

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    Q&A

    New
    • What financial results did ILPT announce?

      Industrial Logistics Properties Trust (ILPT) announced its financial results for the quarter ended September 30, 2024.

    • When will ILPT hold a conference call to discuss its financial results?

      A conference call regarding the financial results will take place on Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time.

    • How many properties and rentable square feet does ILPT have in its portfolio as of September 30, 2024?

      As of September 30, 2024, ILPT's portfolio consisted of 411 properties covering approximately 59.9 million rentable square feet across 39 states.

    • What percentage of ILPT's annualized rental revenues is derived from investment grade tenants?

      Approximately 77% of ILPT's annualized rental revenues come from investment grade tenants or subsidiaries of investment grade entities as of September 30, 2024.

    • Who manages ILPT and what is their assets under management as of September 30, 2024?

      ILPT is managed by The RMR Group, which has nearly $41 billion in assets under management as of September 30, 2024.

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