---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-048405"
form_type: "8-K/A"
ticker: "ILPT"
cik: "0001717307"
company_name: "Industrial Logistics Properties Trust"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:47:25.162338+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# ILPT closes MNR acquisition for $3.734B; pro forma net loss $41.4M

## Summary
- Total purchase price estimated at $3.734 billion, including $323M mortgage debt assumption and $885M debt repaid.
- Funded via $1.4B floating-rate CMBS loan, $1.385B bridge loan, $700M fixed-rate CMBS loan, and $587M from selling 39% JV interest.
- Pro forma for year ended Dec 31, 2021: net loss attributable to common shareholders of $41.4M vs ILPT historical net income of $119.7M.
- 30 MNR properties (~4.9M sq ft) classified as held for sale; proceeds expected to repay bridge loan.

## SEC filing metadata
- accession: 0001104659-22-048405
- form_type: 8-K/A
- ticker: ILPT
- cik: 0001717307
- company_name: Industrial Logistics Properties Trust
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717307/000110465922048405/0001104659-22-048405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717307/000110465922048405/tm2213009d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-048405
- JSON: https://secwatch.observer/filing/0001104659-22-048405.json
- Plain text: https://secwatch.observer/filing/0001104659-22-048405.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.