Grocery-anchored, 92,000 square foot property, leased to a mix of grocery, retail, restaurant and professional service tenants.
Located in the affluent Portland suburb of Beaverton, Oregon which is home to several large employers including Intel, the region’s top employer with a staff of more than 17,000, and Nike’s World headquarters with more than 8,000 workers.
Newly constructed, upscale neighborhood shopping center located within a 105-acre master-planned community within walking distance of over 2,600 residential units.
The property fits well within JLL Income Property Trust’s approach to increase the portfolio’s allocation to high quality, grocery-anchored centers in top nationally ranked retail markets.
Beaverton boasts favorable income and education demographics; an unemployment rate of less than 4%; and close proximity to NW Sunset Highway / Route 26, which carries over 127,000 cars daily while being serviced by Portland’s efficient light rail system and bus routes.
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.
IMPORTANT NOTICE
Are you a resident of Ohio or New Jersey?
The material linked is available only to persons outside of Ohio and New Jersey.
IMPORTANT NOTICE
This page is only available to persons outside the states of Ohio and New Jersey. Please review the JLL Income Property Trust prospectus for more information.
Click here to view materials available to Ohio and New Jersey residents.