Real Estate
Black-ownedPeople of Color
Walbrook Junction
Building Black wealth through community-owned shopping centers.
Maryland,
MD
Investment type:
Equity
(Preferred Equity)
Target raise:
$35,000
- $335,000
Minimum investment:
$1,000
$1,000
End date:
Apr 30, 2021
Apr 30, 2021
ended
Highlights
Strategic. Purchase profitable urban community shopping centers in partnership with Black entrepreneurs and community investors.
Building Black wealth. Providing a path for increased ownership opportunities of real estate assets.
Supporting Black talent. Providing opportunities to Black-owned businesses and opportunities for local community employment.
Scalable. Planning to provide investment opportunities in 10-100 service oriented community shopping centers.
Walbrook Junction is a 47,070 sf neighborhood shopping center located in Baltimore, Maryland, and dual-anchored by Rite Aid and Save-a-Lot, Over 97% leased, the retail mix and tenancy provides cash flow with limited immediate maintenance. Additional tenants include Rent-A-Center, Papa John’s, Metro PCS, Boost Mobile and a mix of local retailers. It is also in an Opportunity Zone, and at a highly trafficked intersection with excellent visibility and ample parking.
Our Story
Fully redeveloped in 1991, Walbrook Junction features a long-term, stable tenant base with strong commitment to the site and area, many of whom have been deemed essential businesses and are resistant to the rise of e-commerce, providing further long-term stability.