---
schema_version: "secwatch.filing_event.v1"
accession: "0001717307-21-000036"
form_type: "8-K"
ticker: "ILPT"
cik: "0001717307"
company_name: "Industrial Logistics Properties Trust"
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:33:20.276236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ILPT Q3 2021: EPS $0.28, Normalized FFO $0.46; 818K sf leased at 20.5% higher rents

## Summary
- Net income attributable to common shareholders of $18.3M ($0.28/diluted share); Normalized FFO $0.46/share.
- Same property cash basis NOI grew 3.4% YoY; portfolio occupancy held at 99.0%.
- Closed $100M acquisition of 3 Class A industrial buildings (1.3M sf) in Memphis, 100% leased, GAAP cap rate 4.7%.
- Leasing activity of 818K sf at weighted average rent 20.5% above prior rents; weighted average lease term 8.2 years.
- Cash and equivalents $44.1M; $396.0M available under revolving credit facility as of Sept 30.

## SEC filing metadata
- accession: 0001717307-21-000036
- form_type: 8-K
- ticker: ILPT
- cik: 0001717307
- company_name: Industrial Logistics Properties Trust
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717307/000171730721000036/0001717307-21-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717307/000171730721000036/ilpt-20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717307-21-000036
- JSON: https://secwatch.observer/filing/0001717307-21-000036.json
- Plain text: https://secwatch.observer/filing/0001717307-21-000036.txt

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