Portfolio News: December 2020

Posted by Jamestown Invest on January 06, 2021
Jamestown Invest

At Jamestown, we share a mission to create innovation hubs and community centers at our commercial real estate properties.

Once a month, Portfolio News will highlight the people and experiences that make Jamestown real estate properties more than just amazing spaces. Portfolio News posts will explore items of interest in the areas of Innovation, Growth, Sustainability, and Community; these four pillars inform the value-add work we do every day as a real estate investment and management firm. Each of the properties listed here are not owned by or targets for Jamestown Invest 1, LLC. They are not representative of Jamestown Invest 1, LLC’s investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. This monthly digest is intended to give readers of Real Estate 360 a better understanding of Jamestown’s approach and tenant successes, which all contribute to company culture.

innovation bbot

INNOVATION

Jamestown launched a pilot with technology company Bbot at Ponce City Market to increase the ease of mobile ordering, pick-up, and delivery across the property. In a time where mobile ordering is a must-have for our restaurant community, Bbot will integrate with PCM's HqO app to deploy a simple, reliable system that increases traffic.

 

 

 

 

GROWTH

Village Market

The Village Market, offering goods from 25 Black local entrepreneurs, opened its doors on the second floor at Ponce City Market. Expectations were exceeded as countless locals showed up to support the new store's grand opening. Founded by Dr. Lakeysha Hallmon – an Atlantan social entrepreneur, curator, speaker, and educator – the shop offers a variety of products, including apparel, home goods, body products, and more.

 

SUSTAINABILITY

timberland

Did you know Jamestown has a Timberland Fund? Some interesting 2020 stats regarding this fund include:

  • - the CO2 equivalent sequestered by the annual tree growth of the Jamestown Timberland fund is equal to taking 35,000 cars off the road
  • -59,257 acres were added to the Timberland portfolio
  • -9 United Nations Sustainability Goals are directly impacted by Jamestown timber forests
  • -Jamestown timber forests are now located in 6 states
  • -Timber harvested is equal to 150 million toilet paper rolls

 

COMMUNITY

Chelsea Market partnered with Google to donate 150 care packages to local families in need. The boxes were filled with products from Hot Bread Kitchen, a nonprofit organization that helps create economic opportunities for minority entrepreneurs in the food industry.

Hotbread kitchen

 

Investing in Jamestown Invest 1, LLC’s common shares is speculative and involves substantial risks. The “Risk Factors” section of the offering circular contains a detailed discussion of risks that should be considered before you invest. These risks include, but are not limited to, illiquidity, complete loss of invested capital, limited operating history, conflicts of interest, blind pool risk, and any public health emergency. In addition to the foregoing risks, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. Further, there is no assurance that Jamestown Invest 1, LLC will be able to achieve its investment objectives or to access targeted investments like those identified. Jamestown Invest 1, LLC is offered through North Capital Private Securities, member FINRA/SIPC.

Information on and photography featuring Jamestown’s current and previous portfolio of projects and properties are not representative of Jamestown Invest 1, LLC’s investment strategy and are not representative of the scale of investments that Jamestown Invest 1, LLC intends to make. Further, there is no assurance that Jamestown Invest, 1 LLC will be able to achieve its investment objectives or to access investments like those identified. Prior performance is not indicative of future results.

Jamestown makes no representations, express or implied, regarding the accuracy or completeness of this information, and the reader accepts all risks in relying on the above information for any purpose whatsoever. Any actual transactions described herein are for illustrative purposes only and, unless otherwise stated in the presentation, are presented as of underwriting and may not be indicative of actual performance. Transactions presented may have been selected based on a number of factors such as asset type, geography, or transaction date, among others. Certain information presented or relied upon in this presentation may have been obtained from third-party sources believed to be reliable, however, we do not guarantee the accuracy, completeness or fairness of the information presented.

 

Jamestown Invest

Posted by Jamestown Invest

Jamestown Invest is a digital platform that connects investors with rigorously-vetted, institutional-quality real estate. Invest alongside a well-capitalized, stable, and reliable manager with $12.1 billion of assets under management worldwide on behalf of more than 80,000 investors across 31 realized funds (as of December 31, 2020).