CHICAGO, IL--(Marketwired - Dec 29, 2016) - JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), today announced the acquisition of a third fully leased Class-A, state-of-the-art warehouse at Pinole Point Distribution Center. This 41,000 square foot warehouse brings the combined distribution center square footage to 518,000, all of which are 100 percent leased with a weighted average lease term of approximately seven years.