Announced Sep 30, 2026 · Source: PR Newswire
Worcester Distribution Center is an industrial sale in I-495 / MetroWest, Boston. Other details we have: buyer JLL Income Property Trust; seller NorthBridge Partners; price $90M (approx.); size 396,000 SF. PR Newswire reports: “Built in 2022, the property totals approximately 396,000 square feet and is 100% leased to a single tenant on a long-term lease.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at PR Newswire. What the article says:
30, 2026 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $7.0 billion in portfolio equity and debt investments, announced the acquisition of Worcester Distribution Center, a Class A industrial building in the Western Boston submarket, for a purchase price of approximately $90 million.
"Worcester Distribution Center is an important addition to our expanding industrial portfolio," said Allan Swaringen, President and CEO of JLL Income Property Trust.
Built in 2022, the property totals approximately 396,000 square feet and is 100% leased to a single tenant on a long-term lease.
Article date: 2026-09-30T13:10:00-04:00
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Compiled from public sources; details can differ between sources. Always verify with the linked source.