Industrial Logistics Properties Trust Appoints John Murray as Managing Trustee, President and Chief Executive Officer Following John Popeo's Retirement

Industrial Logistics Properties Trust ILPT today announced that John G. Murray has been appointed as Managing Trustee, President and Chief Executive Officer of ILPT, effective December 1, 2018.

Mr. Murray joined The RMR Group RMR in 1993 and has been a member of its senior executive team since that time. Mr. Murray will continue to serve as Executive Vice President of RMR and Managing Trustee, President and Chief Executive Officer of Hospitality Properties Trust HPT. Prior to joining RMR in 1993, Mr. Murray worked at Fidelity Investments and Ernst & Young LLP.

Mr. Murray succeeds John C. Popeo, who is retiring and therefore resigning from his positions with both ILPT and RMR, effective November 30, 2018. Mr. Popeo has been with ILPT since its founding earlier this year, and he has been with RMR since 1997. To ensure a smooth transition, Mr. Popeo will remain a non-executive employee of RMR until his retirement on March 30, 2019.

Adam D. Portnoy, Managing Trustee of ILPT and Managing Director, President and Chief Executive Officer of RMR, made the following statement:

"John joined RMR in 1997 and has had a number of executive roles within our organization. Most, recently John helped lead ILPT through its initial public offering and played a key role since then in executing ILPT's business plan. On behalf of the ILPT and RMR Boards, I want to thank John for his many years of exceptional service."

Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. RMR, an alternative asset management company that is headquartered in Newton, MA.

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