As of September 30, 2022, ILPT's portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. More than 78.1% of ILPT's annual rental revenues as of September 30, 2022 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group RMR, a leading U.S. alternative asset management company with over $37 billion in assets under management as of September 30, 2022 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate.