Industrial Property Trust to Host Third Quarter Earnings Call
Industrial Property Trust Inc., a publicly registered non-traded real estate investment trust that owns and operates industrial distribution warehouses throughout the United States, will host a public conference call on Tuesday, November 17, 2015 to review quarterly operating and financial results for the third quarter ended September 30, 2015.
Dwight Merriman, chief executive officer, and Tom McGonagle, chief financial officer, will present operating and financial data and discuss the company’s corporate strategy and acquisition and development activity.
The conference call will take place on November 17th at 2:15 p.m. MST and can be accessed by dialing (877) 742-5590; conference ID 47801498. To access a replay of the call, contact Dividend Capital at (866) 324-7348.
IPT is focused on acquiring and operating distribution warehouses that are leased to corporate customers. IPT’s core strategy is to build a national platform of industrial properties by targeting markets that have high barriers to entry, proximity to a large demographic base, and/or access to major distribution hubs.
As of September 30, 2015, IPT had acquired, either directly or through its 51 percent ownership interest in a joint venture partnership, 91 industrial buildings totaling approximately 13.2 million rentable square feet in 15 major industrial markets for an aggregate purchase price of approximately $1 billion.
