A newly constructed, Class A, 37,000 SF two-story medical office building located in Sugar Land Texas, an affluent suburb outside of Houston.
Houston ranks as the fourth largest city in the US along with one of the youngest, fastest growing populations with 2 percent annual population growth over the past ten years as compared to the national average of 0.8 percent. It is also home to the largest medical complex in the world, the Texas Medical Center. Sugar Land is 20 miles southwest of Houston and boasts five hospitals within a three-mile radius of Sugar Land Medical Plaza.
The two-story property is fully leased to a diversified roster of leading healthcare providers. The property includes a surgery and imaging center, and a full diagnostic suite including the newest MRI, CT, ultrasound and X-Ray machines. The weighted average lease term of the property is greater than nine years.
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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