Industrial Logistics Properties Trust ILPT

ILPT Company Overview

Industrial Logistics Properties Trust (ILPT) is a publicly traded real estate investment trust focused on owning and leasing industrial and logistics properties. The company operates within the industrial real estate sector, with assets primarily serving logistics, distribution, manufacturing, and warehouse uses. ILPT generates revenue mainly through long-term leases with single tenants, many of which are structured as net leases that shift property-level expenses to tenants, supporting predictable cash flow.

ILPT’s portfolio is concentrated in strategically located logistics markets tied to major transportation corridors, seaports, and population centers. A distinguishing aspect of its positioning has been its focus on large-scale, mission-critical properties often leased to corporate tenants with national or global operations. The trust was formed in 2018 and became publicly traded following a spin-off from Select Income REIT, which later merged into Office Properties Income Trust, establishing ILPT as an independent industrial-focused REIT.