The latest announcement is out from Jones Lang LaSalle Income Property Trust Inc Class I-A ( (ZIPIAX) ).
On April 3, 2025, JLL Income Property Trust announced the acquisition of Naperville Medical Center, a newly converted medical outpatient facility in Naperville, IL, for approximately $16.3 million. This acquisition aligns with their strategy to invest in high-quality medical outpatient properties, capitalizing on the growing demand in the healthcare sector due to an aging population. The property is strategically located in a thriving submarket, enhancing JLL’s portfolio in the healthcare real estate sector, which comprises 10% of their total investments.
More about Jones Lang LaSalle Income Property Trust Inc Class I-A
JLL Income Property Trust is an institutionally managed, daily NAV REIT that owns and manages a diversified portfolio of high-quality, income-producing residential, industrial, grocery-anchored retail, healthcare, office, and debt investments throughout the United States. It is sponsored by LaSalle Investment Management, a leading global real estate investment manager.
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