Industrial Logistics Properties Trust is a real estate investment trust, which owns and leases industrial and logistics properties. The company is headquartered in Newton, Massachusetts. The company went IPO on 2018-01-12. The firm owns and leases industrial and logistics properties throughout the United States. Its portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states, including 226 buildings, leasable land parcels and easements containing over 16,729,000 rentable square feet that were primarily industrial lands located on the island of Oahu, Hawaii and 185 properties containing approximately 43,161,000 rentable square feet that were industrial, and logistics properties located in 38 other states in the mainland United States, which included 94 properties in 27 states totaling approximately 20,978,000 rentable square feet. The company operates through the ownership and leasing of properties that include industrial and logistics buildings and leased industrial lands segment. The company is managed by The RMR Group, which is a United States alternative asset management company.
Follow-Up Questions
What is the price performance of ILPT stock?
The current price of ILPT is $6.45, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Industrial Logistics Properties Trust?
Industrial Logistics Properties Trust belongs to Real Estate industry and the sector is Real Estate
What is Industrial Logistics Properties Trust market cap?
Industrial Logistics Properties Trust's current market cap is $427.8M
Is Industrial Logistics Properties Trust a buy, sell, or hold?
According to wall street analysts, 4 analysts have made analyst ratings for Industrial Logistics Properties Trust, including 2 strong buy, 5 buy, 2 hold, 0 sell, and 2 strong sell
