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The JBG Green Center. The JBG Green Center. The JBG Green Center. Existing commercial complex. Urban Store. Restaurant. Workshop facilities. retail space. Commercial real estate project in a key location in the heart of Jerusalem, benefiting from JBG values and appeal.
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The JBG Green Center Existing commercial complex Urban Store Restaurant Workshop facilities retail space
Commercial real estate project in a key location in the heart of Jerusalem, benefiting from JBG values and appeal
The Jerusalem Real Estate Market • A high-growth, high-return market • Average return on residential investments: 3% • Average return on commercial investments: 6% - 8% According to a review of government assessor Chief Justice
The Local Opportunity • Commercial development is lagging far behind residential development • Supply shortage in commercial development Opportunity
The JBG Green Center A unique opportunity building on: • Commercial, income-generating property • Excellent strategic location at the heart of Jerusalem • The unique values and appeal of the JBG
Income-Generating Property • Commercial center • Workshop facilities • Anchor tenant - restaurant
Incredible Location • The only land reserve for commercial development. between the Malcha and Mamilla neighborhoods • Located at a key junction in Jerusalem • Immediate access to four affluent neighborhoods • Adjacent to the highest-turnover gas station in the area • Adjacent to the JBG, a restaurant and nursery, drawing more than 500K visitors a year Increased ROI
JBG Values – Social Investment • Promoting eco-minded businesses, and sustainability • Equal-opportunity employment for special needs populations
The Project • 1400 sq.m (15,069 sq. feet) of which 552 sq.m (5941 sq.feet) = built retail space • 4 stores, including one restaurant • Tenant mix structured to drive ROI • Sustainable construction practices
Location in Jerusalem Old City The Jerusalem Botanical Gardens Mamilla The JBG Green Center Malcha mall
A Unique Opportunity Waiting to Happen • Permits are pending • Plans have been approved • All we need is an investment