Press Release
JLL Income Property Trust Declares 55th Consecutive Quarterly Dividend
August 13, 2025
Naperville, IL
Acquired April 2025
Richmond, Virginia
Acquired March 2025
Maple Grove, MN
Acquired November 2024
Sherwood, OR
Acquired February 2024
August 7, 2025
Richmond Distribution Center is a state-of-the-art, newly constructed industrial building located in Richmond, VA, just two miles away from Richmond International Airport and eight miles from the I-95 corridor. The property is centrally located on the Eastern Seaboard in an area of growing tenant demand, low vacancies, and increased rents.
Built in 2022, the property is 100% leased to two long-term tenants and constructed with modern specifications and features, including a 200’ truck court area, clear heights of 32’, ample truck storage spaces, and refrigerated cold storage.
With its access to transportation and logistics infrastructure, this property is in a desirable location for investment and aligns well with JLL Income Property Trust’s strategy of acquiring high-quality industrial properties with strong income profiles located in strategic markets.
You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust (JLLIPT). Some of these risks include but are not limited to the following:
This literature contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will,” and other similar terms, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks, uncertainties, and contingencies include, but are not limited to, the following: our ability to effectively raise capital in our offering; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our investment strategy; and other risk factors as outlined in our prospectus and periodic reports filed with the Securities and Exchange Commission. Although JLLIPT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. JLLIPT undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in our expectations.
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