JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX, ZIPIBX, ZIPSAX, ZIPZAX, ZIPDBX) announced the acquisition of Whitestown Distribution Center IV, a Class A industrial warehouse in Whitestown, Indiana, for approximately $137 million. The roughly 1.1 million-square-foot facility is 100% leased to a single tenant under a long-term lease and was built in 2024 as the tenant’s largest North America redistribution center serving eight regional centers.
The property features modern specifications including LED lighting, ESFR sprinklers, 135'-185' truck courts, full dock packages with hydraulic levelers and 40' clear heights. According to JLL Income Property Trust, industrial investments represented about 38% of its total $6.9 billion portfolio as of June 30, 2026, with approximately $2.5 billion across 64 industrial properties.
JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX, ZIPIBX, ZIPSAX, ZIPZAX, ZIPDBX) declared an August 2026 distribution of $0.0525 per share and unit, approved by its Board on August 3, 2026. The distribution is payable on or around August 26, 2026 to stockholders and unitholders of record as of August 21, 2026.
According to JLL Income Property Trust, on an annualized basis the gross distribution equals $0.63 per share, implying a distribution rate of approximately 5.6% based on a NAV per share of $11.27 at approval. The REIT shifted from quarterly to monthly distributions in March 2026. All investors will receive $0.0525 per share or unit less applicable share class fees, so effective rates vary by class.
JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX, ZIPIBX, ZIPSAX, ZIPZAX, ZIPDBX), an institutionally managed daily NAV REIT with approximately $6.9 billion in portfolio equity and debt investments, will hold a public earnings call on Thursday, August 13, 2026 at 9:00 AM CT to review its Q2 2026 operating and financial results.
CEO Allan Swaringen and CFO Gregg Falk will discuss recent economic events affecting the portfolio and real estate markets and review quarterly performance. Investors can join via toll-free dial-in 888-506-0062 (access code 433303) or international dial-in 973-528-0011. A replay (877-481-4010 U.S., 919-882-2331 international, passcode 53369) will be available until August 20, 2026 at 9:00 AM CT and posted in the SEC Filings section of www.jllipt.com.
JLL Income Property Trust (NASDAQ: ZIPDBX) declared a July 2026 monthly distribution of $0.0525 per share and unit, payable on or around July 24, 2026 to holders of record on July 23, 2026.
On an annualized basis, this equals $0.63 per share, about a 5.6% gross distribution rate on a $11.27 NAV, before share class–specific investor servicing fees.
JLL Income Property Trust (NASDAQ: ZIPDBX), a daily NAV REIT with about $6.8 billion in portfolio equity and debt investments, closed a $49 million mortgage on Louisville Logistics Center, a roughly 1 million-square-foot Class A industrial facility, with a five-year term and 5.28% interest rate.
The financing supports its strategy to add accretive leverage and increase loan-to-value, targeting enhanced income and durable cash flow from a high-conviction industrial allocation representing 38% of its $6.8 billion portfolio, or $2.4 billion across 64 properties.
JLL Income Property Trust (NASDAQ: ZIPDBX) will host a public earnings call on Wednesday, May 13, 2026 at 9:00 AM CT to review Q1 2026 operating and financial results. The REIT reports managing about $6.8 billion in portfolio equity and debt investments.
JLL Income Property Trust (NASDAQ: ZIPDBX) sold a 130,000 sq ft industrial facility in Fremont, CA, originally acquired in 2021. The fund has approximately $6.8 billion in portfolio equity and debt and says the disposition increases cash available to redeploy into core, stabilized assets.
As of March 31, 2026, industrial investments represent 38% of the portfolio (about $2.4 billion across 64 industrial properties). The firm reports having sold over 50 properties totaling >$1.3 billion over its 13-year history.
JLL Income Property Trust (NASDAQ: ZIPDBX) acquired Whitestown Distribution Center III in Whitestown, IN for approximately $60 million. The Class A industrial facility totals ~605,000 sq ft, is 100% leased to a single tenant with a 7-year remaining lease and 2.5% annual escalations.
The acquisition increases JLL IPT's industrial weighting; industrial assets comprise 38% of the ~$6.8 billion portfolio, with $2.4 billion in 64 industrial properties as of March 31, 2026.
JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPIMX, ZIPIAX) will host a public earnings call on March 15, 2023, at 10:00 AM CT to discuss its fourth-quarter and full-year financial results. With approximately $7.1 billion in portfolio assets, the call will feature insights from President and CEO Allan Swaringen and CFO Gregg Falk. They will review recent economic factors affecting commercial real estate and provide highlights of the trust's performance during the quarter. The teleconference replay will be available until March 22, 2023 and can be accessed via the company's website.