Core Insights - JLL Income Property Trust has acquired a healthcare facility in Tampa, Florida for $21 million, enhancing its portfolio which totals approximately $7 billion in equity and debt investments [1][3]. Company Overview - JLL Income Property Trust is a daily NAV REIT that manages a diversified portfolio of high-quality, income-producing properties across various sectors including residential, industrial, grocery-anchored retail, healthcare, and office properties in the United States [5]. - As of November 30, 2025, healthcare investments represent 9% of the total portfolio, amounting to $626 million across 24 healthcare properties [3]. Investment Rationale - The acquisition of 3000 University Center Drive is seen as a strategic investment due to its location near major hospital campuses and a strong tenant profile, specifically a National Cancer Institute-designated comprehensive cancer center [2][3]. - The healthcare sector is experiencing high demand driven by demographic trends such as an aging population and increased healthcare spending in the U.S., alongside limited supply of healthcare properties leading to high tenant retention rates [3]. Market Context - The property is situated in a growing submarket between I-275 and I-75, which is home to many Fortune 100 companies and has seen population growth due to new construction and high incomes [2].