Industrial Logistics Properties Trust of Beneficial Interest (ILPT)

Industrial Logistics Properties Trust of Beneficial Interest (ILPT) Company Bio

Industrial Logistics Properties Trust owns and leases industrial and logistics properties in the United States. It owns 266 properties with a total of approximately 28.5 million square feet, including 16.8 million square feet of industrial lands in Hawaii; and approximately 11.7 million square feet of industrial and logistics properties in 24 other states. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Industrial Logistics Properties Trust was founded in 2017 and is based in Newton, Massachusetts. Industrial Logistics Properties Trust is a subsidiary of Select Income REIT.