ILPT Q4 2024 Earnings Report

Estimated Revenue:$113M

+2.8% YoY

Estimated EPS:$0.121

0.4% YoY

Key Takeaways

Industrial Logistics Properties Trust (ILPT) reported its fourth quarter 2024 results, highlighting its portfolio of 411 properties across 39 states, with a significant portion of its rental revenues derived from investment grade tenants.

ILPT's portfolio consists of 411 properties totaling approximately 59.9 million rentable square feet.

The properties are located across 39 states.

Approximately 77% of ILPT's annualized rental revenues are from investment grade tenants, subsidiaries of investment grade rated entities, or Hawaii land leases.

ILPT is managed by The RMR Group, an alternative asset management company with over $40 billion in assets under management.