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Transactions - DECEMBER 29, 2020

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JLL Income Property Trust acquires Fort Worth distribution center

by Released

JLL Income Property Trust has acquired the Fort Worth Distribution Center — a newly constructed, class A, state-of-the-art warehouse/distribution center totaling 350,000 square feet located in the North Fort Worth/Alliance submarket, one of the top three warehouse markets within the greater Dallas–Fort Worth Metroplex. The financial terms were not disclosed.

Fort Worth Distribution Center’s 36-foot clear height, ample truck courts, newer construction features and excess trailer parking — along with its immediate accessibility to essential transportation infrastructure including Interstate 35 and SH-114, the Alliance BNSF and Union Pacific intermodal rail hubs, FedEx Southwest Regional SortHub, and Alliance and DFW airports — make it attractive to today’s demanding warehouse tenants.

This investment is JLL Income Property Trust’s fourth acquisition and fifth warehouse building acquired in the Dallas–Fort Worth market. JLL Income Property Trust’s indus

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