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JLL Income Property Trust Acquires PPG's 305,000-SF Aurora Distribution Center

Conor Commercial Real Estate Sell Fully-Leased Facility for $27 Million
By Eric Mitchell
May 25, 2016 | 9:31 P.M.

JLL Income Property Trust (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX) has reached a $27.7 million deal with Conor Commercial Real Estate to acquire the recently completed 304,560-square-foot distribution center at 2570 Orchard Gateway Rd. in Aurora, IL. The deal has an estimated cap rate of 5.4% with a per square foot price of $91.

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