JLL Income Property Trust Sells Industrial Property in Fremont, CA
JLL Income Property Trust has sold a 130,000 square foot industrial property in Fremont, CA, as part of its strategy to recycle capital into high-growth real estate assets. The property, acquired in 2021, delivered an attractive return and will increase the fund's dry powder for new investments. The sale aligns with the fund's long-term industrial real estate focus, which currently makes up 38% of its $6.8 billion portfolio.
Topics: capital_recycling industrial_property real_estate reit