Jll income property trust acquires richmond distribution center

Chicago , march ­­17, 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 today the acquisition of richmond distribution center, a class a industrial building located in richmond, va for a purchase price of approximately $40.7 million. richmond distribution center totals approximately 280,000 square feet and is 100% occupied by two high quality international tenants.
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