0000000000-24-012448.txt : 20241213 0000000000-24-012448.hdr.sgml : 20241213 20241108093605 ACCESSION NUMBER: 0000000000-24-012448 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20241108 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Industrial Logistics Properties Trust CENTRAL INDEX KEY: 0001717307 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 822809631 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-38342 BUSINESS ADDRESS: STREET 1: TWO NEWTON PLACE STREET 2: 255 WASHINGTON STREET, SUITE 300 CITY: NEWTON STATE: MA ZIP: 02458 BUSINESS PHONE: 617-796-8303 MAIL ADDRESS: STREET 1: TWO NEWTON PLACE STREET 2: 255 WASHINGTON STREET, SUITE 300 CITY: NEWTON STATE: MA ZIP: 02458 PUBLIC REFERENCE ACCESSION NUMBER: 0001717307-24-000010 LETTER 1 filename1.pdf begin 644 filename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M M M M M M M M #/ %&5NID*96YD')E9@HR.#8Q.0HE)45/1@H! end TEXT-EXTRACT 2 filename2.txt November 8, 2024 Tiffany Sy Chief Financial Officer and Treasurer Industrial Logistics Properties Trust Two Newton Place 255 Washington Street Suite 300 Newton, MA 02458-1634 Re: Industrial Logistics Properties Trust Form 10-K for fiscal year ended December 31, 2023 Filed February 20, 2024 File No. 001-38342 Dear Tiffany Sy: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe the comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for fiscal year ended December 31, 2023 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Non-GAAP Financial Measures Funds From Operations Attributable to Common Shareholders..., page 55 1. We note your disclosure of Per common share data pertaining to FFO attributable to common shareholders and Normalized FFO attributable to common shareholders. In future periodic filings when presenting such per share measures, please present with equal or greater prominence the most directly comparable financial measure calculated and presented in accordance with US GAAP, which would appear to be Net (loss) income attributable to common shareholders - diluted. Refer to Item 10(e)(1)(i)(A) of Regulation S-K. November 8, 2024 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Babette Cooper at 202-551-3396 or Mark Rakip at 202-551-3573 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction