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JLL Income Property Trust has successfully subscribed the JLLX Diversified VI, DST, a Delaware Statutory Trust worth $104 million. This offering includes a state-of-the-art 192-unit multifamily apartment community located in an affluent submarket of Portland, Oregon and a grocery-anchored multi-tenant neighborhood shopping center totaling approximately 98,000 square feet situated in Marietta, Georgia.
According to Drew Dornbusch, Head of JLL Exchange: “We are delighted to announce that the JLLX Diversified VI,DST was fully subscribed soon after our last closing for JLLX Diversified V,DST. The quick subscription rate highlights the strong demand for institutional-quality and low-fee 1031 solutions in the market. Investors and financial advisors continue to recognize the benefits provided by our platform such as tax deferral options,effective estate planning,and diversification.”
Since its establishment in 2019,JLLX has attracted over $1.7 billion across its portfolio consisting of 25 DST offerings.JLl Income Property Trust has also completed fourteen full-cycle UPREIT transactions amounting up to $960 million so far.
Don’t miss out on this exclusive opportunity! Register now for Connect Industrial Midwest2025 on Wednesday,March5th at Joe’s Live,Rosemont IL where Michael Brennan will be honored with Connect CRE’s Lifetime Achievement Award.He will also participate in a Keynote Interview alongside Kevin Brennan from Brennan Investment Group.”Be In The Room” when these two industry leaders share their insights about industrial real estate investments.
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