Industrial & Logistics

Maryland Light Industrial Portfolio

1305 Governors Ct Abingdon, Maryland United States 21009-2327
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive representative for the Owner, is pleased to present this offering for 1512-1516 Jabez Run and 1305 Governor Court, “The Maryland Light Industrial Portfolio” or “The Portfolio”, an institutionally owned, light industrial portfolio comprised of 93,308 square feet in the Baltimore, Maryland MSA. 1512-1516 Jabez Run is prominently located along I-97, and just 6.5 miles from Baltimore/Washington International (BWI) Airport, offering access to both Baltimore and Washington, DC

major metro populations. 1305 Governor Court is located just north of the City of Baltimore, and just 1 mile from Interstate 95, connecting the Baltimore/Washington DC MSA’s with high population density nodes along the East Coast.


The Portfolio is 96% leased to 10 tenants with a weighted average remaining lease term of 2 years. The Properties features 18-20’ ceilings, dock and drive-in loading and well-appointed interior office build outs.


Jabez and Governor offer investors a significant opportunity to acquire multiple, well-leased functional assets in two of Baltimore’s most desirable industrial submarkets. Investors will immediately benefit from the Property’s strong in-place cash flow and sticky tenancy, while being well positioned to capture additional value by leasing up the minimal existing

vacancy and growing rents due to superior market fundamentals.

Investment Highlights

  • 96% leased; core plus investment opportunity with upside potential
  • Highly sought after location with superior transportation access via I-97 and I-95 to access the dynamic Baltimore and Washington, DC MSAs
  • Immediate value creation potential through lease up and mark-to-market rental rate opportunity
  • 18-20' clear height ceilings with dock and drive-in loading
  • Unmatched industrial submarket fundamentals
  • Priced below replacement costs
Last Updated Date: 14 Jan 2021
Craig Childs
Craig Childs
Director
Jay Wellschlager
Jay Wellschlager
Managing Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+358931583230
Last Updated Date: 14 Jan 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.