Industrial Logistics Property reports Q2 normalized FFO 14c, consensus 14c

Yael Duffy, President and COO, said, “Operating results for ILPT‘s second quarter remained strong as we executed 628,000 square feet of new and renewal leases at weighted average rental rates that were 15.8% higher than prior rental rates for the same space and saw same property cash basis NOI grow by 2.6% compared to the same period last year.”