REBusinessOnline

JLL Income Property Trust Buys 240,000 SF Industrial Portfolio in East Bay Area for $47M

FREMONT, CALIF. — JLL Income Property Trust has acquired Fremont Distribution Center, a two-building industrial portfolio in the Oakland/East Bay submarket of Fremont.

An undisclosed seller sold the asset for $47 million. At the time of sale, the 240,000-square-foot property was fully leased.

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