Debt ManagementILPT can push its debt maturities out for two more years, which could potentially align with a more favorable rate environment.
Leasing ActivityLeasing volumes expanded by 1.3x, relative to the trailing four-quarter average, with significant contributions from a 13-property FedEx portfolio.
Rent SpreadsRent spreads were among the highest in the company’s history, with activity skewing toward irreplaceable land positions in Hawaii.