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JLL Income Property Trust Secures Multiple Long-term Lease Extensions in Grocery-Anchored Portfolio


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CHICAGO, Jan. 20, 2021 /PRNewswire/  JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with a portfolio valued at more than $3.3 billion, announced today the completion of multiple long-term lease extensions with investment grade tenants in its portfolio of 12 grocery-anchored shopping centers diversified across nine different states.
(PRNewsfoto/JLL Income Property Trust)
One of the primary ways that JLL Income Property Trust generates predictable, attractive income for distribution to stockholders is through long-term lease agreements with higher credit tenants. We also continually strive to lengthen the weighted average lease term of the overall portfolio, said Allan Swaringen, President and CEO of JLL Income Property Trust. Negotiated during the depths of the pandemic, these two lease extensions highlight the relative stability and attractiveness of this high ....

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JLL Income Property Trust Acquires Indianapolis Industrial Distribution Center

JLL Income Property Trust Continues Significant Leasing Momentum Across Industrial Portfolio


JLL Income Property Trust Continues Significant Leasing Momentum Across Industrial Portfolio
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CHICAGO, Dec. 15, 2020 /PRNewswire/ JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), announced the recent completion of 460,000 square feet of new industrial leases across its warehouse portfolio. The industrial portfolio s occupancy rate is now 95% with the addition of five new leases across the $850 million of industrial holdings in 36 buildings across 12 key markets.
This robust leasing activity demonstrates the exceptional momentum we continue to see within our geographically diverse, core industrial portfolio, even during this COVID-19 recessionary economic environment, said Allan Swaringen, President & CEO of JLL Income Property Trust. Our strategy of owning core industrial properties in major distribution hubs allows us to attract and retain ....

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