JLL Income Property Trust Acquires Montecito Marketplace in Las Vegas for $63M
Grocery anchors Montecito Marketplace in Las Vegas." /> Smith’s Grocery anchors Montecito Marketplace in Las Vegas. LAS VEGAS — JLL Income Property Trust has acquired Montecito Marketplace , a 190,000-square- foot shopping center located in Las Vegas, for $63 million. Smith’s Grocery and TJ Maxx anchor the fully leased property , which is home to national and regional retailers, restaurants, banks and personal service tenants . The seller in the transaction was undisclosed. Jones Lang LaSalle Income Property Trust Inc. is a REIT that owns and operates a portfolio of high quality office , retail, industrial and apartment properties across the U.S. Tagged sales_and_leases