© 2021 REIT Stream — a product of 454 CreativeWe provide web development and media streaming solutions for leading companies across the globe.
REITweek 2019 webcasts brought to you by Nareit.
Industrial Logistics Properties Trust (Nasdaq: ILPT) is a REIT which owns and leases industrial and logistics properties throughout the United States. As of March 31, 2018, ILPT owned 266 industrial and logistics properties with 28.5 million rentable square feet which are approximately 99.9% leased to 243 different tenants with a weighted average remaining lease term of approximately 11.2 years. 40% of annualized rental revenues come from 40 industrial and logistics properties with approximately 11.7 million square feet located in 24 states on the U.S. mainland. 60% 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.