Industrial Logistics Properties Trust Appoints Anthony Paula as Chief Financial Officer and Treasurer

ILPT names RMR executive Anthony Paula as CFO and Treasurer, replacing Tiffany Sy in a planned transition at the end of September 2026.

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NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that Anthony Paula has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2026.

Mr. Paula is a Vice President of The RMR Group (Nasdaq: RMR) where he is responsible for certain accounting, SEC reporting and corporate finance functions. Mr. Paula has more than 15 years of commercial real estate experience, including accounting and corporate finance, capital markets transactions, SEC reporting and compliance, and has been with RMR since 2011. Mr. Paula has also served as Vice President of Diversified Healthcare Trust (Nasdaq: DHC) since December 2024, and he will resign from that position in connection with his appointment as Chief Financial Officer of ILPT. Mr. Paula is a certified public accountant and earned a master’s degree in accounting from the University of Massachusetts Amherst.

Mr. Paula succeeds Tiffany Sy, who resigned from her position with ILPT, effective September 30, 2026. Ms. Sy’s resignation was not the result of any dispute with ILPT or RMR.

About Industrial Logistics Properties Trust

ILPT is a real estate investment trust, or REIT, focused on owning and leasing high quality industrial and logistics properties. As of June 30, 2026, ILPT’s portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states. Approximately 79% of ILPT’s annualized rental revenues as of June 30, 2026 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 (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of June 30, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit www.ilptreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260921389665/en/

Kevin Barry, Senior Director, Investor Relations
(617) 219-1410

Source: Industrial Logistics Properties Trust

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A certified public accountant (CPA) is a licensed accounting professional who has passed rigorous exams and met education and experience requirements to prepare, review, and officially certify financial statements and tax filings. For investors, a CPA's involvement is like a neutral referee confirming that a company's reported numbers are accurate and follow accounting rules, which improves trust in financial reports and lowers the risk of unexpected errors or misleading information.