JLL Income Property Trust acquires Creekview Crossing for $61m to bolster residential portfolio

JLL Income Property Trust acquires Creekview Crossing for $61m to bolster residential portfolio

In a significant move within the real estate sector, JLL Income Property Trust, a daily NAV REIT listed on NASDAQ (ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with a portfolio equity and debt investment totaling approximately $7 billion, announced the strategic acquisition of Creekview Crossing. This class-A, 183-unit apartment community, nestled in the affluent suburb of Sherwood, OR, […]

JLL Income Property Trust acquires Louisville Distribution Center for $95m

JLL Income Property Trust acquires Louisville Distribution Center for $95m

JLL Income Property Trust has acquired Louisville Distribution Center, a 1 million-square-foot, Class A industrial property in South Louisville, Kentucky, for $95 million. The Louisville Distribution Center includes 40-foot clear heights, LED motion sensor lighting, cross-docking, HVAC throughout, and 234 trailer parking spaces. JLL Income Property Trust said that the new investment takes its total […]

JLL Income Property Trust buys Milford Crossing shopping center near Boston

JLL Income Property Trust buys Milford Crossing shopping center near Boston

JLL Income Property Trust has purchased the newly-built Milford Crossing shopping center in Milford, Massachusetts for about $42 million. According to the real estate investment trust (REIT), the 160,000 square-foot grocery-anchored neighborhood shopping center is 99% occupied and is leased by restaurants, medical, fitness and service-oriented retailers. In addition, there is a brand-new Stop & Shop […]