Many investors have not heard about Industrial Logistics Properties (ILPT) because the company is a newer REIT and a smaller REIT. To start, I will be doing a brief overview of their business. ILPT owns 270 industrial and logistics properties focusing on industrial and logistics segments. What makes ILPT unique has been their presence in Hawaii, where they have over 200 industrial properties. The following map shows a breakdown of where all the properties ILPT owns are located.
According to a recent investor presentation, logistics properties, which include warehouses