Newly constructed Class A distribution park totaling 719,000 SF in Chandler, Arizona, just outside of Phoenix.
Phoenix has experienced significant population growth the last 10+ years compared to the national average, driving demand for industrial space. The vacancy rate in the market was below 4% at the end of 2021.
Well-located at the confluence of the Interstate 10 and Loop 202 freeways that traverse the Southeast Valley and provide access to vast labor pools throughout metro Phoenix.
The portfolio fits well within JLL Income Property Trust’s industrial investment strategy focused on institutional-quality core assets located in close proximity to irreplaceable hubs of transportation.
The portfolio fits well within JLL Income Property Trust’s industrial investment strategy focused on institutional-quality core assets located in close proximity to irreplaceable hubs of transportation.
You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust. 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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IMPORTANT NOTICE
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