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JLL Income Property Trust Buys 605,000 SF Industrial Property in Metro Indianapolis for $60M
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JLL Income Property Trust Buys 605,000 SF Industrial Property in Metro Indianapolis for $60M
WHITESTOWN, IND. — JLL Income Property Trust has acquired Whitestown Distribution Center III, a Class A industrial facility in the Indianapolis suburb of Whitestown, for approximately $60 million. The 605,000-square-foot property is fully leased to a single tenant with a seven-year remaining lease term featuring 2.5 percent annual escalations. Developed in 2023, the asset features a clear height of 36 feet. The post JLL Income Property Trust Buy…
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