Industrial Logistics Properties Trust (ILPT) is a real estate investment trust (REIT) formed to own and lease industrial and logistics properties throughout the United States.

As of December 31, 2018, ILPT owned 270 industrial and logistics properties with 29.5 million rentable square feet which are approximately 99.3% leased to 248 different tenants with a weighted average remaining lease term of approximately 10.3 years.

  • Approximately 42% of annualized rental revenues come from 44 industrial and logistics properties with approximately 12.7 million square feet located in 25 states on the U.S. mainland.
  • Approximately 58% of annualized rental revenues come from 226 properties (buildings, leasable land parcels and easements) with approximately 16.8 million square feet located on the island of Oahu, Hawaii, most of which are long term ground leases to tenants who have constructed buildings and operate businesses on ILPT’s lands.

Logistics properties are a subset of industrial properties that are primarily used for warehouse and distribution purposes. We believe the U.S. retail industry is experiencing a major shift away from stores and shopping centers to e-commerce sales platforms and that this change is causing increasing demand for industrial and logistics real estate. We intend to expand our business by focusing on properties that may benefit from the growth of e-commerce.

ILPT became a publicly traded REIT in January 2018. We are included in the Russell 2000® Index and the MSCI US REIT Index.