8-K - JLL Income Property Trust, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

JLL Income Property Trust announced the acquisition of West Boston Medical Center, a 53,000 sq ft medical outpatient complex in Watertown, MA, for approximately $32 million. The property is 100% leased to a leading regional healthcare provider under a new 15-year lease with 2.8% average annual rent escalations.

Key Takeaways

1Acquisition of West Boston Medical Center for $32 million on March 3, 2026

2Property: 53,000 sq ft medical outpatient complex in Watertown, MA

3100% leased to single tenant with 15-year lease, 2.8% annual rent escalations

4Located in mixed-use development near Cambridge and Boston's Longwood Medical Area

5Healthcare investments: 10% of $6.9B portfolio ($647M across 25 properties as of Dec 31, 2025)

6NASDAQ tickers: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX, ZIPIBX, ZIPSAX, ZIPZAX, ZIPDBX

Current Report Details

Event Type

Regulation Fd

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

Regulation FD Disclosure. On March 3, 2026, JLL Income Property Trust issued a press release announcing the acquisition of West Boston Medical Center, a medical

Regulation Fd

9.01

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release issued by JLL Income Property Trust on March 3, 2026 announcing t

Exhibits Only

Transaction Details

Acquisition / Disposition

Target: West Boston Medical Center, a medical outpatient complex located in the Greater Boston suburb of Watertown, MA
Consideration: approximately $32 million

•Announced March 3, 2026

Exhibits (2)

8-K

99.1

EX-99.1