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JLL Income Property Trust Acquires Minneapolis Distribution Center
JLLJones Lang LaSalle(JLL) Prnewswire·2024-12-11 19:00

CHICAGO, Dec. 11, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately 6.6billioninportfolioequityanddebtinvestments,announcedtodaytheacquisitionofMinneapolisDistributionCenter,aClassAindustrialbusinessparklocatedinMapleGrove,MNforapurchasepriceofapproximately6.6 billion in portfolio equity and debt investments, announced today the acquisition of Minneapolis Distribution Center, a Class A industrial business park located in Maple Grove, MN for a purchase price of approximately 66.5 million.Minneapolis Distribution Center is comprised of two buildings totaling 443,000 square feet and is 100% occu ...