Industrial Logistics Properties Trust Q3 2025 Earnings Release

Industrial Logistics Properties Trust (ILPT) announced its financial results for the third quarter of 2025, reporting a net loss attributable to common shareholders of $21.6 million, or $0.33 per diluted share. The company's normalized FFO attributable to common shareholders was $17.4 million, or $0.26 per diluted share. ILPT executed approximately 836,000 square feet of leasing activity at weighted average rental rates 22.4% higher than prior rates, with a weighted average lease term of 8.0 years. The company's portfolio occupancy stood at 94.1%, with 76% of annualized rental revenues derived from investment-grade tenants or Hawaii land leases. ILPT also declared a quarterly distribution of $0.05 per share, payable on November 13, 2025.