---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-021502"
form_type: "8-K"
ticker: "ILPT"
cik: "0001717307"
company_name: "Industrial Logistics Properties Trust"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:09:42.196833+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ILPT pro forma net loss widens to $237.9M for 9M 2022 after MNR acquisition

## Summary
- Pro forma net loss attributable to common shareholders of $237.9M vs historical $195.7M; diluted loss per share $3.65 vs $3.00.
- Pro forma rental income $311.4M (historical $281.8M) from MNR properties and financing adjustments.
- Acquisition financed with $1.4B floating rate CMBS loan, $1.385B bridge loan (repaid Sep 2022), and $700M fixed rate CMBS loan.
- Interest expense pro forma $244.6M; includes $22.2M loss on early extinguishment of debt.
- Pro forma reflects 39% noncontrolling interest in JV with 93 MNR properties and 33% in one TIC property.

## SEC filing metadata
- accession: 0001104659-23-021502
- form_type: 8-K
- ticker: ILPT
- cik: 0001717307
- company_name: Industrial Logistics Properties Trust
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717307/000110465923021502/0001104659-23-021502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717307/000110465923021502/tm236401d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-021502
- JSON: https://secwatch.observer/filing/0001104659-23-021502.json
- Plain text: https://secwatch.observer/filing/0001104659-23-021502.txt

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