The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0002005126
   Corporation
   Limited Partnership
   Limited Liability Company
   General Partnership
   Business Trust
X Other (Specify)

Statutory Trust
Name of Issuer
JLLX Townlake of Coppell, DST
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2023
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
JLLX Townlake of Coppell, DST
Street Address 1 Street Address 2
333 WEST WACKER DRIVE SUITE 2300
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
CHICAGO ILLINOIS 60606 (312) 897-4000

3. Related Persons

Last Name First Name Middle Name
JLL Exchange TRS, LLC N/A
Street Address 1 Street Address 2
333 West Wacker Drive Suite 2300
City State/Province/Country ZIP/PostalCode
Chicago ILLINOIS 60606
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Sponsor of the Issuer
Last Name First Name Middle Name
LaSalle Investment Management, Inc. N/A
Street Address 1 Street Address 2
333 West Wacker Drive Suite 2300
City State/Province/Country ZIP/PostalCode
Chicago ILLINOIS 60606
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Manager and Signatory Trustee
Last Name First Name Middle Name
Falk Gregory A.
Street Address 1 Street Address 2
333 West Wacker Drive Suite 2300
City State/Province/Country ZIP/PostalCode
Chicago ILLINOIS 60606
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Senior Vice President of the Signatory Trustee

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
X Other Real Estate
  
Retailing
  
Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
   Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2024-01-19    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $75,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
LaSalle Investment Management Distributors, LLC 157625
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
333 West Wacker Drive Suite 2300
City State/Province/Country ZIP/Postal Code
Chicago ILLINOIS 60606
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
X All States
   Foreign/non-US

Recipient
Recipient CRD Number    None
Bryan Hakola 4161289
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services, LLC 151604
Street Address 1 Street Address 2
19500 Victor Parkway Suite 550
City State/Province/Country ZIP/Postal Code
Livonia MICHIGAN 48152
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
FLORIDA

Recipient
Recipient CRD Number    None
Jason McMurty 2871788
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services, LLC 151604
Street Address 1 Street Address 2
100 East San Marcos Boulevard Suite 400
City State/Province/Country ZIP/Postal Code
San Marcos CALIFORNIA 92069
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
ARIZONA

Recipient
Recipient CRD Number    None
Jonathan Deckenbach 5246023
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
RBC Capital Markets, LLC 31194
Street Address 1 Street Address 2
641 East Lake Street Suite 230
City State/Province/Country ZIP/Postal Code
Wayzata MINNESOTA 55391
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MINNESOTA

Recipient
Recipient CRD Number    None
Nicholas Ciriello 2523916
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
RBC Capital Markets, LLC 31194
Street Address 1 Street Address 2
9465 Wilshire Boulevard Suite 700
City State/Province/Country ZIP/Postal Code
Beverly Hills CALIFORNIA 90212
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Stephanie Suhrbier 6625065
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LPL Financial LLC 6413
Street Address 1 Street Address 2
6901 S. Lyncrest Place Suite 101
City State/Province/Country ZIP/Postal Code
Sioux Falls SOUTH DAKOTA 57108
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
SOUTH DAKOTA

Recipient
Recipient CRD Number    None
Patrick Easter 1368137
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
RBC Capital Markets, LLC 31194
Street Address 1 Street Address 2
300 West 6th Street Suite 2200
City State/Province/Country ZIP/Postal Code
Austin TEXAS 78701
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Gabe Candea 5531840
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Emerson Equity LLC 130032
Street Address 1 Street Address 2
4241 Jutland Drive Suite 205
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92117
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
John Paul Ledesma 2379751
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Emerson Equity LLC 130032
Street Address 1 Street Address 2
9870 Research Drive #104
City State/Province/Country ZIP/Postal Code
Irvine CALIFORNIA 92618
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Steve Hadder 2024227
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Independent Financial Group, LLC 7717
Street Address 1 Street Address 2
10161 Palermo Court
City State/Province/Country ZIP/Postal Code
Yucaipa CALIFORNIA 92399
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Sally Ng 1915190
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LPL Financial LLC 6413
Street Address 1 Street Address 2
2255 Contra Costa Boulevard Suite 301
City State/Province/Country ZIP/Postal Code
Pleasant Hill CALIFORNIA 94523
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Amr Tenney 5506866
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Realized Financial, Inc. 22333
Street Address 1 Street Address 2
400 W. 15th Street Suite 700
City State/Province/Country ZIP/Postal Code
Austin TEXAS 78701
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
MASSACHUSETTS

Recipient
Recipient CRD Number    None
Christine Forter 2041261
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LPL Financial LLC 6413
Street Address 1 Street Address 2
393 Sawmill Lane
City State/Province/Country ZIP/Postal Code
Lincoln CALIFORNIA 95648
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NEVADA

Recipient
Recipient CRD Number    None
David Van Glish 5219028
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Merrill Lynch Pierce Fenner & Smith Incorporated 7691
Street Address 1 Street Address 2
6000 Fairview
City State/Province/Country ZIP/Postal Code
Charlotte NORTH CAROLINA 28210
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NORTH CAROLINA

Recipient
Recipient CRD Number    None
Jacob Driver 7738978
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Concorde Investment Services, LLC 151604
Street Address 1 Street Address 2
100 E. San Marcos Boulevard Suite 400
City State/Province/Country ZIP/Postal Code
San Marcos CALIFORNIA 92069
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
CALIFORNIA

Recipient
Recipient CRD Number    None
Vijay Patel 5272599
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Merrill Lynch Fenner & Smith Incorporated 7691
Street Address 1 Street Address 2
300 Galleria Parkway SE
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30339
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
GEORGIA

Recipient
Recipient CRD Number    None
Parker Vander Wal 4670361
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
LPL Financial LLC 6413
Street Address 1 Street Address 2
2700 12th Avenue South Suite A
City State/Province/Country ZIP/Postal Code
Fargo NORTH DAKOTA 58103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States
   All States
   Foreign/non-US
NORTH DAKOTA

13. Offering and Sales Amounts

Total Offering Amount $59,931,534 USD
or    Indefinite
Total Amount Sold $11,961,338 USD
Total Remaining to be Sold $47,970,196 USD
or    Indefinite

Clarification of Response (if Necessary):

14. Investors

  
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
24

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $4,195,208 USD
X Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
X Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
JLLX Townlake of Coppell, DST /s/ Gregory A. Falk Gregory A. Falk Senior Vice President of the Signatory Trustee 2024-04-16

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.