Joseph Morea Biography and Net Worth

Director of Industrial Logistics Properties Trust

Mr. Morea has been an Independent Trustee of Industrial Logistics Properties Trust (Nasdaq: ILPT) since January 2018 and is Chair of the Board’s Audit Committee. He was a Vice Chairman and Managing Director at RBC Capital Markets, serving as Head of U.S. Equity Capital Markets from 2003 until 2012. From 2008 to 2009, Mr. Morea also served as the Head of U.S. Investment Banking for RBC Capital Markets. Previously, he held investment banking roles, including as a Managing Director and the Co-Head of U.S. Equity Capital Markets at UBS, Inc., as Chief Operating Officer of the Investments Banking Division and as Head of U.S. Equity Capital Markets at PaineWebber, Inc. and as a Managing Director of Equity Capital Markets at Smith Barney, Inc. Prior to working as an investment banker, Mr. Morea was employed as a certified public accountant. Mr. Morea also serves on the Boards of Seven Hills Realty Trust (Nasdaq: SEVN) and Portman Ridge Finance Corporation.

What is Joseph Morea's net worth?: The estimated net worth of Joseph Morea is at least $646.22 thousand as of May 30th, 2025. Mr. Morea owns 112,191 shares of Industrial Logistics Properties Trust stock worth more than $646,220 as of December 5th. This net worth estimate does not reflect any other investments that Mr. Morea may own. Learn More about Joseph Morea's net worth.
How do I contact Joseph Morea?: The corporate mailing address for Mr. Morea and other Industrial Logistics Properties Trust executives is TWO NEWTON PLACE 255 WASHINGTON STREET SUITE 300, NEWTON MA, 02458. Industrial Logistics Properties Trust can also be reached via phone at (617) 219-1460 and via email at [email protected]. Learn More on Joseph Morea's contact information.
Has Joseph Morea been buying or selling shares of Industrial Logistics Properties Trust?: Joseph Morea has not been actively trading shares of Industrial Logistics Properties Trust in the last ninety days. Most recently, on Friday, May 30th, Joseph Morea bought 20,000 shares of Industrial Logistics Properties Trust stock. The stock was acquired at an average cost of $3.31 per share, with a total value of $66,200.00. Following the completion of the transaction, the director now directly owns 112,191 shares of the company's stock, valued at $371,352.21. Learn More on Joseph Morea's trading history.
Who are Industrial Logistics Properties Trust's active insiders?: Industrial Logistics Properties Trust's insider roster includes Joseph Morea (Director), and Kevin Phelan (Director). Learn More on Industrial Logistics Properties Trust's active insiders.
Are insiders buying or selling shares of Industrial Logistics Properties Trust?: During the last year, Industrial Logistics Properties Trust insiders bought shares 2 times. They purchased a total of 25,000 shares worth more than $93,350.00. The most recent insider tranaction occured on July, 31st when Director Kevin C Phelan bought 5,000 shares worth more than $27,150.00. Insiders at Industrial Logistics Properties Trust own 1.8% of the company. Learn More about insider trades at Industrial Logistics Properties Trust.
Information on this page was last updated on 7/31/2025.

Joseph Morea Insider Trading History at Industrial Logistics Properties Trust

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/30/2025	Buy	20,000	$3.31	$66,200.00	112,191
7/27/2023	Buy	20,000	$3.68	$73,600.00	40,000
5/3/2023	Sell	17,500	$2.07	$36,225.00

Joseph Morea Buying and Selling Activity at Industrial Logistics Properties Trust

Industrial Logistics Properties Trust Company Overview

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 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 $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.

Today's Range

Now: $5.76

$5.73

$5.84

50 Day Range

MA: $5.54

$5.05

$6.03

2 Week Range

Now: $5.76

$2.45

$6.57

Volume

265,160 shs

Average Volume

246,194 shs

Market Capitalization

$383.96 million

P/E Ratio

N/A

Dividend Yield

3.44%

Beta

2.49