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JLL Income Property Trust's The Penfield Named 'Best in Building Health' by Center for Active Design


JLL Income Property Trust s The Penfield Named Best in Building Health by Center for Active Design
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CHICAGO, March 9, 2021 /PRNewswire/  JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $3.5 billion in portfolio assets and 85 properties, is pleased to announce The Penfield, a Class A, 254-unit apartment community in St. Paul, Minnesota, has been recognized as part of the Best in Building Health awards administered by the Center for Active Design s Fitwel program. The award was given for the 2020 Highest Score: Multifamily Residential v2.0 (Built) category. ....

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JLL Income Property Trust Acquires Louisville Distribution Center


JLL Income Property Trust Acquires Louisville Distribution Center
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CHICAGO, Feb. 11, 2021 /PRNewswire/  JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $3.4 billion in portfolio assets, today announced the acquisition of Louisville Distribution Center, a 1 million-square-foot, Class A industrial property located in the top-tier industrial submarket of South Louisville. The purchase price was $95 million.
Louisville Distribution Center.
The Louisville industrial market s low vacancy rate of just 4.2 percent and central location makes it an excellent market for us to continue to increase our allocation to core industrial assets located in close proximity to irreplaceable transportation infrastructure, said Allan Swaringen, JLL Income Property Trust President and CEO. The property s modern layout is bolstered by significant building im ....

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JLL Income Property Trust Acquires Indianapolis Industrial Distribution Center