Hickory & Main, Harford County
  • Property Type: Office & Land
  • Size: 10,000 SF & 2 land parcels
  • Location: Town of Bel Air
  • Value-Add: Jabber Five acquired a 10,000 SF commercial building in an off-market transaction along with 2 parcels of commercially-zoned land identified for future development. This portfolio acquisition represents the largest assemblage of privately-owned Property in the rich history of the Town of Bel Air. Consistent with its strategy to invest in income-producing assets with value-add potential, Jabber Five capitalized this transaction through a global pandemic, COVID-19.
Box Hill Office Park, Harford County
  • Property Type: Office
  • Size: 14,000 SF
  • Location: Abingdon
  • Value-Add: Jabber Five acquired this stable asset from a motivated Seller. Attracted to the diverse rent roll with 11 different tenants, Jabber Five immediately improved the curb appeal of the Property through a select capital improvement program including a newly constructed pylon sign with a new logo for the office park. The Property benefits from its strong location behind a major service-oriented shopping center and its proximity to I-95, Route 924 & Route 24.
880 Park Avenue, Baltimore
  • Property Type: Office
  • Size: 22,500 SF
  • Location: Mount Vernon
  • Value-Add: Jabber Five acquired the asset from the Archdiocese, an owner-occupant that solely occupied the building for the last 15 years. The property includes 15,000 SF of modern office space and a 7,500 SF secured garage on the ground floor for up to 20 cars. The space has never been seen by the market and is anticipated to attract the creative class given its location in Baltimore’s Arts & Cultural District.
305 S. Atwood, Harford County
  • Property Type: Medical Office
  • Size: 10,000 SF
  • Location: Bel Air
  • Value-Add: Jabber Five acquired this vacant commercial Property and executed its lease-up strategy in just 9 months, ahead of projections. Capitalized with attractive Bank financing, Jabber Five benefitted from its local market relationships in securing a long-term lease with an established veterinarian practice. The Property is strategically located in the dense, commercial corridor of Harford County and includes off-street parking for 30 cars.
5950 Belair Road, Baltimore
  • Property Type: Ground Up Retail Development
  • Size: 20,000 SF
  • Location: NE Baltimore
  • Value-Add: Jabber Five identified an off-market opportunity to joint-venture partner with the owners of an independent, local grocery store on the development of an adjacent, 2-acre surface parking lot. Shadow- anchored by the grocery store, Jabber Five pre-leased the 20,000 SF project to national retailers PNC Bank & Dollar Tree. Additionally, Jabber Five facilitated the subdivision and sale of a pad site to Dunkin.
1209 N. Charles, Baltimore
  • Property Type: Retail
  • Size: 15,000 SF
  • Location: Town of Bel Air
  • Value-Add: Jabber Five acquired a non-performing loan from a national Bank that was collateralized by 15,000 of Class A Retail space, 2 shell buildings and 22 garaged parking spaces. While under contract to buy the loan, Jabber Five sold its interests in the shell buildings and the parking and retained the retail space located on the ground floor of an 88-unit condo building. Just 25% occupied at the time of acquisition, Jabber Five leased the available space to national retailers including Chipotle & Pet Valu. Less than 24 months after executing its Business Plan, Jabber Five sold the Property for $340 PSF, one of the highest PSF prices paid for a retail property in the history of Baltimore City.
Anderson Portfolio, Baltimore
  • Property Type: Land & Automotive
  • Size: 75,000 SF, 8 acres
  • Location: Remington
  • Value-Add: In partnership with Seawall Development, Jabber Five acquired two large tracts of urban land improved by 75,000 SF of buildings and a 4-acre surface parking lot. Structured as a partial sale-leaseback, the Seller will continue to operate its automotive business at the properties. The 4 property portfolio offered the rare combination of earning above-market yields while land banking the properties for future development. Additionally, the lease-up of the vacant lot to a State transportation company has created meaningful value to the partnership. Once planned for a Walmart-anchored mixed use project, the properties are located just south of Remington, Baltimore's most exciting new neighborhood.
1114 Cathedral Street, Baltimore
  • Property Type: Mixed-Use: Retail & Office
  • Size: 12,000 SF
  • Location: Mount Vernon
  • Value-Add: Jabber Five repurposed a strategically located 2-story, Class C office building into a mixed-use asset with newly constructed retail on the ground floor and office above. Structured as a partial sale-leaseback, the Seller of the property leased back the second floor. The first floor will be converted into retail storefronts with on-site parking. Upon completion, the historic renovation will support the growth of Mount Vernon, Baltimore’s art and cultural district. Also located within the footprint of the University of Baltimore, this student-oriented retail development is situated just one block south of The Varsity, a newly constructed 320-bed student housing project.
220 W. Saratoga, Baltimore
  • Property Type: Office
  • Size: 8,000 SF
  • Location: Bromo Arts District
  • Value-Add: Jabber Five acquired this landmark asset in the emerging Bromo Arts District as a vacant mixed-use building. This architectural masterpiece attracted many small businesses who ultimately competed to lease this historic Property known as the Firehouse. Now occupied by a strong non-profit, the Firehouse remains a building that stands alone in its competitive set.
222 W. Read, Baltimore
  • Property Type: Office
  • Size: 5,000 SF
  • Location: Mount Vernon
  • Value-Add: : Jabber Five acquired this Property as a shell from the City of Baltimore. After over a decade of sitting vacated, the Property was renovated in accordance with CHAP (the Commission for Historical & Architectural Preservation). Jabber Five now occupies the offices of this mixed-use asset with the venerable Beatnik Barbershop occupying the ground floor. Located in the village of Baltimore on the corner of historic Read & Tyson Streets, the Property evokes the rich history of this culturally diverse and tolerant neighborhood.