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The latest update is out from Jones Lang LaSalle Income Property Trust Inc Class I-A ( (ZIPIAX) ).
On September 17, 2025, JLL Income Property Trust announced the acquisition of the West Raleigh Distribution Center, a Class A industrial park in Apex, NC, for approximately $190 million. This acquisition aligns with JLL’s strategy of investing in high-quality industrial facilities in strategic locations, as the industrial sector remains a key focus, comprising 33% of its $6.5 billion portfolio. The West Raleigh Distribution Center, with its strategic location and high occupancy rate, is expected to enhance JLL’s market positioning in a region noted for its economic growth and thriving high-tech sector.
More about Jones Lang LaSalle Income Property Trust Inc Class I-A
JLL Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing properties across various sectors including residential, industrial, grocery-anchored retail, healthcare, and office properties in the United States. The company aims to further diversify its real estate portfolio globally.
For an in-depth examination of ZIPIAX stock, go to TipRanks’ Overview page.