Chicago-based JLL Income Property Trust, an institutionally managed daily NAV REIT, has purchased Chandler Distribution Center in Chandler, Arizona, from Meritex Enterprises Inc., a full service investment firm headquartered in Minneapolis, for $31 million, or about $147 per square foot.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Contacts
- Ken McQueen
Principal - Industrial, Lee & Associates
- Chris McClurg, SIOR
Principal - Industrial, Lee & Associates
- Will Strong
Executive Vice Chair, Cushman & Wakefield