- Industrial Logistics Properties press release ( NASDAQ: ILPT ): Q2 FFO of $0.43 beats by $0.05 .
- Revenue of $107.22M (+97.9% Y/Y) beats by $14.08M .
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“During the second quarter, ILPT experienced continued favorable operating trends, which included record leasing activity and same property occupancy of 99.3%. We executed 3.9 million square feet of leasing, including rent resets, at weighted average rental rates that were 61.3% higher than prior rental rates for the same space. This quarter’s leasing activity illustrates how ILPT is well positioned to take advantage of robust operating dynamics through tenant retention, mark-to-market opportunities and leveraging expanded tenant relationships to grow cash flows."
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Industrial Logistics Properties FFO of $0.43 beats by $0.05, revenue of $107.22M beats by $14.08M