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JLL Income Property Trust Acquires Duke Medical Plaza
CHICAGO, Feb. 3, 2022 /PRNewswire/ — JLL Revenue House Believe in, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with extra than $5.9 billion in portfolio assets now announced the acquisition of Duke Health-related Plaza, a approximately 60,000-sq.-foot, globe-class, healthcare place of work constructing in Durham, North Carolina. The acquire rate was somewhere around $37 million. Occupying more than 86 percent of the home, Duke University Health Procedure, an affiliate of Duke University, is the anchor tenant of the four-tale residence. The overall health process not too long ago agreed to a lease extension and growth that will boost the property’s occupancy to 96 percent with a…
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JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center
CHICAGO, Dec. 14, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.5 billion in portfolio assets, today announced the acquisition of North Tampa Surgery Center, a 13,000-square-foot, newly constructed medical office building in Odessa, Florida. The property is 100 percent leased on a long-term basis to Comprehensive Outpatient Joint and Spine Institute Center. The purchase price was approximately $8.5 million. “Within the office sector, our priority investments are healthcare-oriented, focusing on medical office and life science properties,” said Allan Swaringen, President and CEO of JLL Income Property Trust. “In an uncertain environment for traditional multi-tenant office properties, these…
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JLL Income Property Trust Acquires 4-Building Suburban Atlanta Distribution Center | National News
CHICAGO, Dec. 7, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $5.5 billion in portfolio assets, today announced the acquisition of Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet. The Class A properties are located in the Atlanta suburb of Buford, Georgia, home to the premier Northeast Atlanta industrial submarket. The purchase price was $95 million. “Friendship Distribution Center’s location in Atlanta’s Northeast submarket, high quality new construction and proximity to irreplaceable transportation infrastructure makes this an excellent portfolio fit for us as we continue to execute on our strategy of increasing our allocation…
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JLL Income Property Trust Declares 40th Consecutive Quarterly Dividend
CHICAGO, Nov. 15, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.3 billion in portfolio assets and 106 properties, announced that on November 9, 2021 its Board of Directors approved a gross dividend for the fourth quarter of 2021 of $0.135 per share. JLL Income Property Trust has declared 40 consecutive quarterly dividends to its stockholders beginning with the first quarter of 2012. The dividend is payable on or around December 30, 2021 to stockholders of record as of December 23, 2021. On an annualized basis, this gross dividend is equivalent to $0.54 per share and represents a yield…
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JLL Income Property Trust Acquires Premier Apartment Community in Suburban Denver
CHICAGO, Oct. 21, 2021 /PRNewswire/ — JLL Earnings Residence Believe in, an institutionally managed each day NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with a lot more than $5.1 billion in portfolio assets, announced these days the acquisition of Pinecone Residences in the Denver suburb of Fort Collins, Colorado. The 13-building, 195-device yard-fashion condominium group was obtained for about $52 million, bringing JLL Money Assets Trust’s whole household allocation to far more than $2. billion, or 43 percent of overall belongings. “The addition of Pinecone Apartments raises our household allocation, an overweight target for us, and fits very effectively with our approach to devote in perfectly-located multifamily communities with strong desire…
