{"id":400303,"date":"2020-12-15T14:03:12","date_gmt":"2020-12-15T19:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400303"},"modified":"2020-12-15T14:03:12","modified_gmt":"2020-12-15T19:03:12","slug":"jll-income-property-trust-continues-significant-leasing-momentum-across-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jll-income-property-trust-continues-significant-leasing-momentum-across-industrial-portfolio\/","title":{"rendered":"JLL Income Property Trust Continues Significant Leasing Momentum Across Industrial Portfolio"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n CHICAGO<\/span>, Dec. 15, 2020<\/span> \/PRNewswire\/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX<\/a>; ZIPTMX<\/a>; ZIPIAX<\/a>; ZIPIMX<\/a>),\u00a0announced 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<\/span> of industrial holdings in 36 buildings across 12 key markets.<\/p>\n

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“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<\/span>, President & CEO of JLL Income Property Trust. “Our strategy of owning core industrial properties in major distribution hubs allows us to attract and retain tenants, and drive cash flow and values over time. Even during times of economic uncertainty, we believe the performance of our industrial allocation, now over 25 percent of our fund, will create long-term value for our stockholders.”<\/p>\n

JLL Income Property Trust industrial portfolio leasing highlights include:<\/p>\n