Industrial Logistics Properties Trust Appoints Marc Krohn as Vice President
June 03 2024 - 8:00AM
Business Wire
Industrial Logistics Properties Trust (Nasdaq: ILPT) today
announced that Marc Krohn has been appointed Vice President.
Mr. Krohn is a Vice President of The RMR Group (Nasdaq: RMR),
whose responsibilities include overseeing the leasing, operations,
and management of ILPT’s mainland industrial portfolio. Mr. Krohn
has more than 20 years of commercial real estate experience. Prior
to joining RMR in 2015, he held senior roles at CBRE, Duke Realty
and Zeller Realty Corporation.
About Industrial Logistics Properties Trust
ILPT is a real estate investment trust focused on owning and
leasing high quality distribution and logistics properties. As of
March 31, 2024, ILPT’s portfolio consisted of 411 properties
containing approximately 59.9 million rentable square feet located
in 39 states. Approximately 77% of ILPT’s annualized rental
revenues as of March 31, 2024 are derived from investment grade
tenants, tenants that are subsidiaries of investment grade rated
entities or Hawaii land leases. ILPT is managed by The RMR Group
(Nasdaq: RMR), a leading U.S. alternative asset management company
with over $41 billion in assets under management as of March 31,
2024 and more than 35 years of institutional experience in buying,
selling, financing and operating commercial real estate. ILPT is
headquartered in Newton, MA. For more information, visit
www.ilptreit.com.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the Nasdaq. No
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
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version on businesswire.com: https://www.businesswire.com/news/home/20240531049875/en/
Kevin Brady, Director, Investor Relations (617) 219-1489
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