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J.P. Morgan raises $1.1 billion to buy single-tenant industrial properties

Fund surpasses target eight months after launch
J.P. Morgan Asset Management paid $137.8 million for a 1.5 million-square-foot distribution center in Lockbourne, Ohio, occupied by Whirlpool. (CoStar)
J.P. Morgan Asset Management paid $137.8 million for a 1.5 million-square-foot distribution center in Lockbourne, Ohio, occupied by Whirlpool. (CoStar)
CoStar News
September 10, 2026 | 9:37 P.M.

J.P. Morgan Asset Management has raised $1.1 billion for its second net lease real estate fund, surpassing the $900 million fundraising goal it established in January.

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