Walbrook Junction
Early Stage
Building Black wealth through community-owned shopping centers.
Overview
Raised: $332,500
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$6,045
# of Investors
130
Momentum
Funded
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Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Walbrook Junction, a shopping center in Baltimore, MD, is raising crowdfunding on Small Change. It is a 47,070-square-foot shopping center anchored by Save-A-Lot and Rite Aid. The property is centrally located and has easy access to public transport, major highways, and city thoroughfares. Walbrook Junction is under contract to be acquired by The Chicago Trend Corporation. The crowdfunding round has a minimum raise of $1,000 and a maximum raise of $335,000, and the proceeds will be used to complete the purchase of Walbrook Junction. Walbrook Junction is 97.5% leased, and the current rents are in line with the market.
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