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 September 30, 2020, ILPT owned 301 industrial and logistics properties with 43.8 million rentable square feet which are approximately 98.8% leased to 264 different tenants with a weighted average remaining lease term of approximately 9.0 years.

  • Approximately 60% of annualized rental revenues come from 75 industrial and logistics properties with approximately 27.0 million square feet located in 30 states on the U.S. mainland.
  • Approximately 40% 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. ILPT is a component of 143 market indices and it comprises more than 1% of the following indices as of September 30, 2020: Jefferies Value (JEFFVALU), Jefferies Leverage (JEFFLEVR), Jefferies Small Cap (JEFFSMAL), Jefferies High Beta (JEFFBETA), Invesco KBW Premium Yield Equity REIT ETF INAV Index (KBWYIV) and the Bloomberg Reit Industrial/Warehouse Index (BBREINDW).