Industrial Logistics Properties Trust signs 53-year Hawaii ground lease for 2.2 million sq ft parcel
PUBT · 06/11 12:01
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- Industrial Logistics Properties Trust executed two leases totaling more than 2.7 million square feet in Indianapolis, Indiana, and Kapolei, Hawaii.
- Portfolio occupancy rises to about 98%, clearing the company’s two largest vacancies targeted for 2026.
- Indianapolis: 532,364-square-foot warehouse lease started May 1, 2026, for about 10 years; property had been vacant since August 2024.
- Kapolei: 2,237,547-square-foot ground lease starts July 1, 2026; term is 53 years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Industrial Logistics Properties Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 202606110800BIZWIRE_USPR_____20260610_BW011010) on June 11, 2026, and is solely responsible for the information contained therein.
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