{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-134692","form_type":"8-K","ticker":"ILPT","cik":"0001717307","company_name":"Industrial Logistics Properties Trust","filed_at":"2021-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.810784+00:00","generated_at":"2026-06-28T12:14:20.192938+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ILPT to acquire Monmouth REIT for $4.0B all-cash; adds 126 industrial properties","bullets":["ILPT will acquire Monmouth (MNR) for $21.00 per share in cash, valuing the deal at ~$4.0B including debt assumption.","Portfolio: 126 Class A single-tenant net-leased industrial properties, 26.3M sq ft, 99.7% occupied, 80% investment grade tenants.","Weighted average remaining lease term ~8 years; transaction expected to be immediately accretive to Normalized FFO per share.","Financing includes a joint venture with institutional investors ($430M-$1.3B equity), $4.0B bridge loan, and potential property sales up to $1.6B.","Closing expected in first half of 2022 subject to MNR shareholder approval; post-close net debt/Adjusted EBITDAre targeted at 6-8x."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-134692","json":"https://secwatch.observer/filing/0001104659-21-134692.json","markdown":"https://secwatch.observer/filing/0001104659-21-134692.md","text":"https://secwatch.observer/filing/0001104659-21-134692.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465921134692/0001104659-21-134692-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465921134692/tm2132072d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T12:14:20.192938+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}