March 21, 2023


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Industrial Logistics Houses Believe in Named to Boston Company Journal’s 2021 Center Sector Leaders Position

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Press launch written content from Business Wire. The AP information team was not concerned in its development.

NEWTON, Mass.–(Business enterprise WIRE)–Feb 11, 2021–

Industrial Logistics Homes Have faith in (Nasdaq: ILPT) today introduced it was named one particular of the swiftest escalating center market corporations in Massachusetts by the Boston Organization Journal (BBJ) in its 2021 Middle Current market Leaders rating. With overall revenues of $229.2 million in 2019, ILPT earned 49th area on the checklist, which ranks publicly traded and private businesses with revenues of between $25 million and $1 billion by two-year income growth.

John Murray, President and Chief Govt Officer of ILPT, designed the following statement:

“We are happy to have ILPT’s advancement acknowledged by the Boston Small business Journal. ILPT’s rating among the the quickest increasing center market businesses in Massachusetts demonstrates the do the job and stewardship of our supervisor, The RMR Team, in executing our enterprise approach. We are happy to debut on this record and be just one of the couple serious estate businesses honored.”

ILPT’s supervisor, the working subsidiary of The RMR Team Inc. (Nasdaq: RMR), was also honored, rating 29th immediately after position 1st amid middle marketplace providers in Massachusetts very last year. A further RMR consumer company, Business Qualities Profits Believe in (Nasdaq: OPI) placed third on the list, just after position 17 th previous 12 months.

Industrial Logistics Properties Have confidence in is a genuine estate financial commitment trust, or REIT, that owns and leases industrial and logistics properties through the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an choice asset administration firm that is headquartered in Newton, MA

A Maryland Real Estate Expense Belief with transferable shares of beneficial curiosity detailed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Belief.

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Make contact with: Kevin Barry, Manager, Trader Relations

(617) 658-0776

Search term: UNITED STATES NORTH The united states MASSACHUSETTS

Field Key phrase: Business Constructing & Real ESTATE Building & House REIT

Resource: Industrial Logistics Properties Trust

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PUB: 02/11/2021 04:45 PM/DISC: 02/11/2021 04:45 PM