JLL Income Property Trust Acquires Midtown Village for $94 Million
Acquiring Company
JLL Income Property Trust
Acquired Company
Midtown Village
TuscaloosaE CommerceFashionRetailDescription
On August 27, 2026, JLL Income Property Trust issued a press release announcing the acquisition of Midtown Village, a retail shopping center located in Tuscaloosa, Alabama. The purchase price for the acquisition was approximately $94 million. This strategic acquisition is aimed at enhancing JLL's portfolio of income-generating properties.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Midtown Village?
Midtown Village was acquired by JLL Income Property Trust. The deal was reported on August 28, 2026. JLLIPT is an Illinois-based REIT that engages in development, acquisition, and leasing of grocery-anchored retail, healthcare, and office properties. JLL Income Property Trust is privately held.
When did JLL Income Property Trust acquire Midtown Village?
JLL Income Property Trust's acquisition of Midtown Village was reported on August 28, 2026. On August 27, 2026, JLL Income Property Trust issued a press release announcing the acquisition of Midtown Village, a retail shopping center located in Tuscaloosa, Alabama. The purchase price for the acquisition was approximately $94 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Midtown Village do?
Midtown Village is an open-air retail shopping center located in Tuscaloosa, Alabama. The center features a mix of necessity anchor tenants along with complementary apparel, food, and service tenants. It is privately held, operating in E Commerce, and is based in Tuscaloosa.
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