JLL Income Property Trust Acquires Roseville Outpatient Center

CHICAGO, Sept. 14, 2026 /CourierPR/ -- JLL Income Property Trust, a daily net asset value (NAV) real estate investment trust, has acquired Roseville Outpatient Center, a Class A medical outpatient building located in Roseville, California. The property, which totals approximately 42,000 square feet, was purchased for about $19 million.

Roseville Outpatient Center is situated in an affluent suburban submarket of the Sacramento metropolitan statistical area (MSA). The building is currently 95% leased to a mix of healthcare tenants, with a leading integrated healthcare provider as the anchor tenant. The property features a weighted average lease term of about 12 years. It was fully redeveloped in 2024, with comprehensive buildouts and improvements to accommodate specialized medical uses.

Allan Swaringen, President and CEO of JLL Income Property Trust, commented, "Roseville Outpatient Center is an excellent addition to our healthcare portfolio. The aging and growing patient base is driving healthcare spending, and technological advancements are making outpatient care more accessible and cost-effective. This trend is leading to increased demand for purpose-built medical facilities, which are often in short supply in this submarket."

Healthcare investments now account for 10% of JLL Income Property Trust's total portfolio, valued at approximately $7.0 billion. The trust currently owns 26 properties, with $667 million in assets dedicated to healthcare facilities.

Swaringen continued, "The region's positive population and income growth trends, coupled with median household incomes and home values well above national averages, make it an attractive market for our investments. The acquisition of Roseville Outpatient Center aligns with our strategy to diversify our portfolio and capitalize on the growing demand for specialized medical spaces."

JLL Income Property Trust, founded as an institutionally managed, daily NAV REIT, owns and manages a diversified portfolio of high-quality, income-producing properties, including residential, industrial, grocery-anchored retail, healthcare, and office spaces. The company is sponsored by one of the world's leading real estate services firms, LaSalle Investment Management.

The acquisition of Roseville Outpatient Center is part of JLL Income Property Trust's ongoing efforts to expand its healthcare portfolio and capitalize on the increasing demand for specialized medical facilities in the region. The property's location, lease terms, and recent redevelopment make it a strategic addition to the trust's holdings.