JLL Income Property Trust Acquires Indianapolis Area Distribution Center

CHICAGO, April 21, 2026 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $6.8 billion in portfolio equity and debt investments, announced the acquisition of Whitestown Distribution Center III, a Class A industrial facility located in the Northwest submarket of Indianapolis in Whitestown, IN for a purchase price of approximately $60 million. The property is a Class A industrial building totaling approximately 605,000 square feet and is 100% leased to a single tenant with a 7-year remaining lease term featuring 2.5% annual escalations.