JLL Income Property Trust Acquires Richmond Distribution Center

CHICAGO, March ­­17, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Richmond Distribution Center, a Class A industrial building located in Richmond, VA for a purchase price of approximately $40.7 million.Richmond Distribution Center totals approximately 280,000 square feet and is 100% occupied by two high quality inte ...