| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
63 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
252 |
| Net Income (TTM) (Millions $) |
16 |
| Cash Flow (TTM) (Millions $) |
-5 |
| Capital Exp. (TTM) (Millions $) |
153 |
Business Description
Chambers Street Properties, now known as Industrial Property Trust (IPT), is a real estate investment trust (REIT) that focuses on acquiring, owning, and managing high-quality industrial properties. Headquartered in Princeton, New Jersey, Chambers Street Properties was founded in 2004 and went public in 2012.
The company primarily focuses on industrial properties like warehouses, distribution centers, and other logistics facilities. It owns properties across the United States and in select international markets, allowing it to benefit from the global growth of e-commerce and increasing demand for logistics infrastructure.
Chambers Street Properties aims to provide stable and growing dividends to its investors by acquiring and managing properties with long-term leases from reliable tenants. The company's portfolio is diversified across various industries, including manufacturing, retail, transportation, and e-commerce.
In 2015, Chambers Street Properties merged with Gramercy Property Trust, forming one of the largest industrial REITs in the world. The new entity, Industrial Property Trust, continues to acquire and manage industrial properties, benefitting from the increasing demand for logistics and distribution infrastructure driven by e-commerce growth.
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