Exhibit 21.1
SUBSIDIARIES
Name | Jurisdiction of Organization | |
| IIT Springing Member Inc. | Delaware | |
| Industrial Income Operating Partnership LP | Delaware | |
| IIT TRS Corp. | Delaware | |
| IIT Real Estate Holdco LLC | Delaware | |
| IIT Acquisitions LLC | Delaware | |
| IIT LOC Lender LLC | Delaware | |
| IIT Services LLC | Delaware | |
| IIT 1905 Raymond Avenue LLC | Delaware | |
| IIT Bell Gardens Portfolio I LP | Delaware | |
| IIT Bell Gardens Portfolio I GP LLC | Delaware | |
| IIT Pinole Business Park I LP | Delaware | |
| IIT Pinole Business Park I GP LLC | Delaware | |
| IIT 48350 Fremont Blvd LP | Delaware | |
| IIT 48350 Fremont Blvd GP LLC | Delaware | |
| IIT Portland Portfolio – Airport Park LLC | Delaware | |
| IIT Portland Portfolio – Airport Center LLC | Delaware | |
| IIT Atlanta – Suwanee Pointe LLC | Delaware | |
| IIT Baltimore Brandon Woods I LLC | Delaware | |
| IIT Dallas – 3737 & 4024 Rock Quarry Road GP LLC | Delaware | |
| IIT Dallas – 3737 & 4024 Rock Quarry Road LP | Delaware | |
| IIT Inland Empire – 3700 Indian Avenue GP LLC | Delaware | |
| IIT Inland Empire – 3700 Indian Avenue LP | Delaware | |
| IIT Tampa – 4410 Eagle Falls Place LLC | Delaware | |
| IIT Hagerstown Distribution Center | Delaware | |
| IIT Kent Valley Distribution Center LLC | Delaware | |
| IIT Upper Marlboro Distribution Center LLC | Delaware | |
| IIT Social Circle Distribution Center LLC | Delaware | |
| IIT Atlanta – Industrial Parkway DC LLC | Delaware | |
| IIT Aurora Park 88 DC LLC | Delaware | |
| IIT Bolingbrook Park 55 DC LLC | Delaware | |
| IIT Carlisle Ritner Owner DC LLC | Delaware | |
| IIT Carlisle Ritner DC LLC | Delaware | |
| IIT Dallas – Vista Point GP LLC | Delaware | |
| IIT Dallas – Vista Point LP | Delaware | |
| IIT Hagerstown – Industrial Lane DC LLC | Delaware | |
| IIT Ontario – Sterling DC GP LLC | Delaware | |
| IIT Ontario – Sterling DC LP | Delaware | |
| IIT Woodridge – Maple Point DC I LLC | Delaware | |
| IIT Woodridge – Maple Point DC II LLC | Delaware | |
| IIT Woodridge – Maple Point Lender LLC | Delaware | |
| IIT Mt. Olive DC LLC | Delaware | |
| IIT Exton DC Owner LLC | Delaware | |
| IIT Exton DC LLC | Delaware | |
| IIT Ontario – Champagne DC GP LLC | Delaware | |
| IIT Ontario – Champagne DC LP | Delaware | |
| IIT Crossroads DC LLC | Delaware | |
| IIT BWI Commerce Center LLC | Delaware | |
| IIT Sorensen Industrial LLC | Delaware | |
| Sorensen Industrial Limited Partnership LP | Delaware | |
| IIT Lehigh Industrial Owner LLC | Delaware | |
| IIT Lehigh Industrial LLC | Delaware | |
| IIT Gateway DC GP LLC | Delaware | |
| IIT Gateway DC LP | Delaware | |
| IIT BWI Commerce Center II LLC | Delaware | |
| IIT Hartman Business Center LLC | Delaware | |
| IIT Memphis IC LLC | Delaware | |
| IIT Brandon Woods DC II LLC | Delaware |
Name | Jurisdiction of Organization | |
| IIT Columbia Park IC LLC | Delaware | |
| IIT Somerset Industrial Center LLC | Delaware | |
| IIT Somerset IC II LLC | Delaware | |
| IIT Baltimore IC LLC | Delaware | |
| IIT Chantilly DC LLC | Delaware | |
| IIT Industrial Parkway (CA) DC GP LLC | Delaware | |
| IIT Industrial Parkway (CA) DC LP | Delaware | |
| IIT Kent Valley DC II LLC | Delaware | |
| IIT PA – 110 Summit Drive Owner LLC | Delaware | |
| IIT PA – 110 Summit Drive LLC | Delaware | |
| IIT Washington DC Corporate Center GP LLC | Delaware | |
| IIT Washington DC Corporate Center LP LLC | Delaware | |
| IIT Washington DC Corporate Center LP | Delaware | |
| IIT Washington DC Corporate Center LLC | Delaware | |
| IIT Weston Business Center LLC | Delaware | |
| IIT AZ-MD-TX Holdco LLC | Delaware | |
| IIT 10th Street Business Park GP LLC | Delaware | |
| IIT 10th Street Business Park LP | Delaware | |
| IIT Cactus DC LLC | Delaware | |
| IIT Hollins End Industrial Park LLC | Delaware | |
| IIT Hollins End Industrial Park Lender LLC | Delaware | |
| IIT AZ-OR-TX Holdco LLC | Delaware | |
| IIT Windfern DC GP LLC | Delaware | |
| IIT Windfern DC LP | Delaware | |
| IIT Foster CC LLC | Delaware | |
| IIT Agave DC LLC | Delaware | |
| IIT Northwest 8 IC GP LLC | Delaware | |
| IIT Northwest 8 IC LP | Delaware | |
| IIT Houston Commerce Park Portfolio Holdco LLC | Delaware | |
| IIT Commerce Park NW GP LLC | Delaware | |
| IIT Commerce Park NW LP | Delaware | |
| IIT Commerce Park SW GP LLC | Delaware | |
| IIT Commerce Park SW LP | Delaware | |
| IIT Medical Center BP GP LLC | Delaware | |
| IIT Medical Center BP LP | Delaware | |
| IIT Westchase BP GP LLC | Delaware | |
| IIT Westchase BP LP | Delaware | |
| IIT PA Indy Holdco LLC | Delaware | |
| IIT Lehigh Valley DC Owner LLC | Delaware | |
| IIT Lehigh Valley DC LLC | Delaware | |
| IIT North Plainfield DC LLC | Delaware | |
| IIT Indianapolis DC LLC | Delaware | |
| IIT Regional Industrial Portfolio Holdco LLC | Delaware | |
| IIT Marina West Industrial LLC | Delaware | |
| IIT Westfork Industrial LLC | Delaware | |
| IIT Southpoint Industrial LLC | Delaware | |
| IIT Valwood West Industrial GP LLC | Delaware | |
| IIT Valwood West Industrial LP | Delaware | |
| IIT Southwest Chicago-TX-GA-PA Holdco LLC | Delaware | |
| IIT Southwest Chicago Holdco LLC | Delaware | |
| IIT Woodridge – Bridge Point DC LLC | Delaware | |
| IIT Woodridge – Park 355 DC LLC | Delaware | |
| IIT Woodridge – Park 355 Lender LLC | Delaware | |
| IIT Aurora DC LLC | Delaware | |
| IIT TX-GA-PA Holdco LLC | Delaware | |
| IIT York – Willow Springs Owner LLC | Delaware | |
| IIT York Willow Springs LLC | Delaware | |
| IIT Atlanta Liberty DC LLC | Delaware | |
| IIT Sugarland Interchange DC GP LLC | Delaware | |
| IIT Sugarland Interchange DC LP | Delaware | |
| IIT Keystone Industrial Park Owner LLC | Delaware |
Name | Jurisdiction of Organization | |
| IIT Keystone Industrial Park LLC | Delaware | |
| IIT Valley Forge Business Center Owner LLC | Delaware | |
| IIT Valley Forge Business Center LLC | Delaware | |
| IIT West Chester DC Owner LLC | Delaware | |
| IIT West Chester DC LLC | Delaware | |
| IIT Center Square DC LLC | Delaware | |
| IIT Pureland DC I LLC | Delaware | |
| IIT Pureland DC II LLC | Delaware | |
| IIT Tamarac Commerce Center LLC | Delaware | |
| IIT Tamarac Business Center LLC | Delaware | |
| IIT Ft. Lauderdale Industrial I LLC | Delaware | |
| IIT Ft. Lauderdale Industrial II LLC | Delaware | |
| IIT Tamarac Commerce Center II LLC | Delaware | |
| IIT Tamarac Commerce Center III LLC | Delaware | |
| IIT Salt Lake City DC LLC | Delaware | |
| IIT Raceway Crossings GP LLC | Delaware | |
| IIT Raceway Crossings IC LP | Delaware | |
| IIT Burleson BP GP LLC | Delaware | |
| IIT Burleson BP LP | Delaware | |
| IIT Aurora DC III LLC | Delaware | |
| IIT Miami DC II LLC | Delaware | |
| IIT Steamboat DC Owner LLC | Delaware | |
| IIT Steamboat DC LLC | Delaware | |
| IIT Park 355 DC II LLC | Delaware | |
| IIT Kent Valley DC III LLC | Delaware | |
| IIT Englewood DC LLC | Delaware | |
| IIT Miramar DC LLC | Delaware | |
| IIT Atlanta Portfolio I LLC | Delaware | |
| IIT Chicago Portfolio I LLC | Delaware | |
| IIT Southaven DC LLC | Delaware | |
| IIT Chickasaw LLC | Delaware | |
| IIT Bolingbrook VMF LLC | Delaware | |
| IIT Austin DC I-III GP LLC | Delaware | |
| IIT Austin DC I-III LP | Delaware | |
| IIT Houston DC I-IV GP LLC | Delaware | |
| IIT Houston DC I-IV LP | Delaware | |
| IIT Houston IC GP LLC | Delaware | |
| IIT Houston IC LP | Delaware | |
| IIT Freeport DC GP LLC | Delaware | |
| IIT Freeport DC LP | Delaware | |
| IIT Freeport Office GP LLC | Delaware | |
| IIT Freeport Office LP | Delaware | |
| IIT Westport DC LLC | Delaware | |
| IIT Clifton DC LLC | Delaware | |
| IIT York DC II Owner LLC | Delaware | |
| IIT York DC II LLC | Delaware | |
| IIT Beckwith Farms DC LLC | Delaware | |
| IDI/IIT Valley Parkway – IIT Member LLC | Delaware | |
| IIT Hayward DC GP LLC | Delaware | |
| IIT Hayward DC LP | Delaware | |
| IIT Northpoint CC GP LLC | Delaware | |
| IIT Northpoint CC LP | Delaware | |
| IIT Valley View BC GP LLC | Delaware | |
| IIT Valley View BC LP | Delaware | |
| IIT Marina West DC II LLC | Delaware | |
| IIT Beltway Crossing DC GP LLC | Delaware | |
| IIT Beltway Crossing DC LP | Delaware | |
| IIT Northpointe DC LLC | Delaware | |
| IIT Gwinnett DC LLC | Delaware | |
| IIT Bluegrass DC LLC | Delaware | |
| IIT Bluegrass DC II LLC | Delaware |
Name | Jurisdiction of Organization | |
IIT Fremont DC II GP LLC | Delaware | |
IIT Fremont DC II LP | Delaware | |
IIT Kent Valley DC IV LLC | Delaware | |
IIT Broadway 101 CC LLC | Delaware | |
IIT South San Francisco DC II GP LLC | Delaware | |
IIT South San Francisco DC II LP | Delaware | |
IIT Valley Crossings DC Owner LLC | Delaware | |
IIT Valley Crossings DC LLC | Delaware | |
IIT Lakeview BC LLC | Delaware | |
IIT Carlisle DC Owner LLC | Delaware | |
IIT Carlisle DC LLC | Delaware | |
IIT Iron Run DC Owner LLC | Delaware | |
IIT Iron Run DC LLC | Delaware | |
IIT Artesia DC GP LLC | Delaware | |
IIT Artesia DC LP | Delaware | |
IIT Commerce Farms DC LLC | Delaware | |
IIT Elam Farms DC LLC | Delaware | |
IIT Greenwood DC LLC | Delaware | |
IIT Miami DC III Land LLC | Delaware | |
IIT Miami DC III LLC | Delaware | |
IIT Landover DC – Lender LLC | Delaware | |
IIT Landover DC LLC | Delaware | |
IIT Lehigh Valley DC II Owner LLC | Delaware | |
IIT Lehigh Valley DC II LLC | Delaware | |
IIT York DC III Owner LLC | Delaware | |
IIT York DC III LLC | Delaware | |
IIT Columbus DC LLC | Delaware | |
IIT Fairburn DC LLC | Delaware | |
IIT Auburn DC LLC | Delaware | |
IIT Randall Crossing DC LLC | Delaware | |
IIT Waterfront DC LLC | Delaware | |
IIT South Bay DC GP LLC | Delaware | |
IIT South Bay DC LP | Delaware | |
IIT Beckwith Farms DC II LLC | Delaware | |
IIT Beckwith Farms DC III LLC | Delaware | |
IIT Fairfield Industrial Park LLC | Delaware | |
IIT Pinebrook Industrial Park LLC | Delaware | |
IIT Cajon DC GP LLC | Delaware | |
IIT Cajon DC LP | Delaware | |
IIT Chino DC GP LLC | Delaware | |
IIT Chino DC LP | Delaware | |
IIT I-95 Lender DC LLC | Delaware | |
IIT I-95 DC LLC | Delaware | |
IIT Capital Beltway CC LLC | Delaware | |
IIT Capital Beltway CC Lender LLC | Delaware | |
IIT AZ-CO-WA Holdco | Delaware | |
IIT Andover DC LLC | Delaware | |
IIT Buckeye DC LLC | Delaware | |
IIT Tacoma Distribution Center LLC | Delaware | |
IIT Denver DC LLC | Delaware | |
IIT Lehigh Valley Crossing DC I Owner Holdco LLC | Delaware | |
IIT Lehigh Valley Crossing DC I Owner LLC | Delaware | |
IIT Lehigh Valley Crossing DC I LLC | Delaware | |
IIT Lehigh Valley Crossing DC II Owner Holdco LLC | Delaware | |
IIT Lehigh Valley Crossing DC II Owner LLC | Delaware | |
IIT Lehigh Valley Crossing DC II LLC | Delaware | |
IIT Miami DC IV LLC | Delaware | |
IIT North American Industrial Fund I GP LLC | Delaware | |
IIT North American Industrial Fund I Limited Partner LLC | Delaware | |
IIT North American Industrial Fund I Limited Partnership | Delaware | |
IIT Hofer Ranch Industrial Center GP LLC | Delaware | |
IIT Hofer Ranch TRS LLC | Delaware |
Name | Jurisdiction of Organization | |
IIT Hofer Ranch TRS GP LLC | Delaware | |
IIT Hofer Ranch TRS LP | Delaware | |
IIT Hofer Ranch Industrial Center LP | Delaware | |
IIT Ontario Mills DC GP LLC | Delaware | |
IIT Ontario Mills DC LP | Delaware | |
IIT Miami DC LLC | Delaware | |
IIT Sumner DC LLC | Delaware | |
IIT NAIF Intermediate Holdco GP I LLC | Delaware | |
IIT NAIF Intermediate Holdco I LP | Delaware | |
IIT Inland Empire Logistics Center GP LLC | Delaware | |
IIT Inland Empire Logistics Center LP | Delaware | |
IIT Bedford Park Logistics Center LLC | Delaware | |
IIT Texas Industrial Portfolio GP LLC | Delaware | |
IIT Texas Industrial Portfolio LP | Delaware | |
IIT NAIF Intermediate Holdco GP II LLC | Delaware | |
IIT NAIF Intermediate Holdco II LP | Delaware | |
IIT Franklin Square IC I LLC | Delaware | |
IIT Franklin Square IC II LLC | Delaware | |
IIT Northgate IC LLC | Delaware | |
IIT Southshore CC LLC | Delaware | |
IIT Orange County DC GP LLC | Delaware | |
IIT Orange County DC LP | Delaware | |
IIT Palo Verde DC LLC | Delaware | |
IIT South San Francisco DC GP LLC | Delaware | |
IIT South San Francisco DC LP | Delaware | |
IIT Redlands Industrial Center I GP LLC | Delaware | |
IIT Redlands Industrial Center I LP | Delaware | |
IIT Concours DC GP LLC | Delaware | |
IIT Concours DC LP | Delaware | |
IIT Redlands Industrial Center II GP LLC | Delaware | |
IIT Redlands Industrial Center II LP | Delaware | |
IIT Imperial DC GP LLC | Delaware | |
IIT Imperial DC LP | Delaware |