ILPT Q1 2023 Earnings Report

Announced first quarter 2023 results.

Key Takeaways

Industrial Logistics Properties Trust announced its financial results for the quarter ended March 31, 2023. As of March 31, 2023, ILPT’s portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. Approximately 78% of ILPT’s annualized rental revenues as of March 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases.

Financial results announced for the quarter ended March 31, 2023.

Portfolio consisted of 413 properties as of March 31, 2023.

Portfolio contained approximately 60.0 million rentable square feet located in 39 states.

Approximately 78% of annualized rental revenues are from investment grade tenants or Hawaii land leases as of March 31, 2023.

Total Revenue

$110M

Previous year: $71.4M