Jll income property trust sells southern california industrial property

Disposition adds to capital to reinvest at attractive new market cycle chicago , march 10, 2025 /prnewswire/ -- jll income property trust, an institutionally-managed daily nav reit (nasdaq: ziptax; ziptmx; zipiax; zipimx) with approximately $6.6 billion in portfolio equity and debt investments, announced the sale of an 80,000 square foot light industrial/flex property located at 237 via vera cruz in the san diego submarket of san marcos, ca. this disposition aligns with jll income property trust's long-term track record of harvesting gains and reinvesting capital into property sectors and markets that are better positioned for higher point forward returns.
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