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JLL Income Property Trust acquires Naperville center

PRIVATEApr 03, 2025

Acquiring Company

JLL Income Property Trust

Acquired Company

Naperville Medical Center

ChicagoNapervilleReal EstateReal Estate InvestmentCommercial Real EstateHealth CareMedical

Description

JLL Income Property Trust has acquired Naperville Medical Center for approximately $16.3 million. The facility, located in a prime Chicago suburb, spans 39,500 square feet and is fully leased by a major nonprofit health system. This acquisition aligns with JLL's strategy to invest in high-quality medical properties as demand for healthcare services continues to grow.

Quick answer

JLL Income Property Trust is acquiring Naperville Medical Center, announced April 3, 2025. JLL Income Property Trust is based in Chicago, Illinois, United States.

How much did JLL Income Property Trust pay for Naperville Medical Center?
The deal value was not disclosed.
What does JLL Income Property Trust do?
(NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing apartment, industrial, office..
Where are JLL Income Property Trust and Naperville Medical Center based?
JLL Income Property Trust is based in Chicago, Illinois, United States. Naperville Medical Center is based in Naperville, Illinois, United States.

Source: Fundz verified event record.

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Company Information

Company

JLL Income Property Trust

Location

Chicago, Illinois, United States

About

 (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing apartment, industrial, office and retail properties located in the United States. JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis. For more information, visit www.jllipt.com.

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Frequently asked

Who acquired Naperville Medical Center?

Naperville Medical Center was acquired by JLL Income Property Trust, based in Chicago. The deal was reported on April 3, 2025. (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),Jones Lang LaSalle Income Property Trust, Inc. JLL Income Property Trust is privately held and operates in Real Estate.

When did JLL Income Property Trust acquire Naperville Medical Center?

JLL Income Property Trust's acquisition of Naperville Medical Center was reported on April 3, 2025. JLL Income Property Trust has acquired Naperville Medical Center for approximately $16.3 million. The facility, located in a prime Chicago suburb, spans 39,500 square feet and is fully leased by a major nonprofit health system. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Naperville Medical Center do?

Naperville Medical Center is a high-quality, newly converted medical outpatient facility that totals 39,500 square feet and is currently 100% occupied. It is privately held, operating in Health Care, and is based in Naperville.

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