Acquiring Company
JLL Income Property Trust
Acquired Company
West Raleigh Distribution Center
ChicagoApexReal EstateReal Estate InvestmentCommercial Real EstateHealth CareDescription
JLL Income Property Trust has announced the acquisition of West Raleigh Distribution Center in Apex, NC for approximately $196 million. The facility consists of 5 buildings and is currently 87% occupied by a diverse mix of tenants. This investment aligns with JLL's strategy of acquiring high-quality industrial properties in strong markets.
Quick answer
JLL Income Property Trust is acquiring West Raleigh Distribution Center, announced September 17, 2025. JLL Income Property Trust is based in Chicago, Illinois, United States.
- How much did JLL Income Property Trust pay for West Raleigh Distribution 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 West Raleigh Distribution Center based?
- JLL Income Property Trust is based in Chicago, Illinois, United States. West Raleigh Distribution Center is based in Apex, North Carolina, United States.
Source: Fundz verified event record.
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Who to call at JLL Income Property Trust, and when
When JLL Income Property Trust changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day JLL Income Property Trust raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at JLL Income Property Trust, from your own LinkedIn network
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Fundz sees it the moment JLL Income Property Trust makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired West Raleigh Distribution Center?
West Raleigh Distribution Center was acquired by JLL Income Property Trust, based in Chicago. The deal was reported on September 17, 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 West Raleigh Distribution Center?
JLL Income Property Trust's acquisition of West Raleigh Distribution Center was reported on September 17, 2025. JLL Income Property Trust has announced the acquisition of West Raleigh Distribution Center in Apex, NC for approximately $196 million. The facility consists of 5 buildings and is currently 87% occupied by a diverse mix of tenants. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does West Raleigh Distribution Center do?
West Raleigh Distribution Center is a Class A industrial park comprised of 5 buildings totaling 985,000 square feet. It is 87% occupied by a mix of tenants, with the largest being a major distributor to the biotech and healthcare sectors. It is privately held, operating in Health Care, and is based in Apex.
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