$36MStrategic acquisitionReal EstateCompleted
JLL Income Property Trust buys West Boston distribution center for $36M
JLL Income Property Trust, a daily NAV REIT with about $7.1 billion in investments, bought the West Boston Distribution Center in Northborough, MA, for roughly $36 million. The Class A facility is 100% leased to a distribution tenant with 14 years remaining on its lease and 2.5% annual escalations.
Read the full coverage, free
We only link to sources you can read without a subscription. How we check.
Following real estate M&A?
The day's biggest deals, real estate included, in one five-minute email every morning. Built for dealmakers and investors. Free, with no paywalled links.
See what you get →