Acquiring Company
JLL Income Property Trust
Acquired Company
Midtown Village
Description
JLL Income Property Trust has acquired Midtown Village, a shopping center in Tuscaloosa, Alabama, for around $94 million. This retail center features a diverse mix of tenants and is located in a prime commercial area with high foot traffic. The acquisition aligns with JLL's strategy to enhance its retail portfolio. The investment will increase grocery-anchored and necessity-driven retail assets within their portfolio.
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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, based in Chicago. The deal was reported on August 27, 2026. (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),Jones Lang LaSalle Income Property Trust, Inc. 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 27, 2026. JLL Income Property Trust has acquired Midtown Village, a shopping center in Tuscaloosa, Alabama, for around $94 million. This retail center features a diverse mix of tenants and is located in a prime commercial area with high foot traffic. 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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