Purchase Your BlueVault Research Subscription
July 5, 2016
JLL Income Property Trust Buys Two Properties for $186.3 Million
JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life real estate investment trust, purchased two properties totaling $186.3 million at the end of June.
On June 28th, the company acquired Pioneer Tower in downtown Portland, Oregon for approximately $121.8 million. The 17-story, 296,000-square-foot office building is 95 percent leased to approximately 20 tenants and was purchased with cash on hand.
Recent News
Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016
Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.
