Jones Lang LaSalle (JLL) Tops Q2 EPS by 9c
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JLL Income Property Trust Acquires Silverstone Marketplace in $47M Deal
August 1, 2016 2:34 PM EDTJLL Income Property Trust, an institutionally-managed, daily valued perpetual life REIT (Nasdaq: ZIPTAX) (Nasdaq: ZIPTMX) (Nasdaq: ZIPIAX) (Nasdaq: ZIPIMX), announced the acquisition of Silverstone Marketplace, a newly-constructed grocery-anchored neighborhood shopping center in the affluent Phoenix suburb of Scottsdale, Arizona. Anchored by the flagship location of national healthy grocery store Sprouts Farmers Market, the 78,000 square foot property is 100 percent leased to a variety of national and regional tenants with a weighted average remaining... More
