JLL Income Property Trust inks big lease on new Class A facility in Fort Worth May 25, 2021
JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $3.6 billion in portfolio assets and 86 properties, announced today it executed a lease of its recently acquired Fort Worth Distribution Center. The tenant, iDC Logistics, leased the newly constructed, Class A, state-of-the-art warehouse/distribution center totaling 350,000 square feet located in the North Fort Worth/Alliance submarket, one of the top three warehouse markets within the greater Dallas/Fort Worth (DFW) Metroplex. The lease is for the full building, includes annual rent increases of 3 percent, and is for five years until 2026.
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