Jay Wellschlager is a Managing Director in the Capital Markets Group for JLL, based in the Baltimore office.
In this capacity, he has direct responsibility and oversight for the origination and execution of capital markets transactions across JLL's mid-Atlantic platform with a focus on Baltimore.
Capital Markets Distressed Sales Sale/Leasebacks
Over the past five years Jay has marketed over $2.1 Billion of commercial property offerings ranging across all product types with a strong focus on the industrial and office sectors within the mid-Atlantic region.
Prior to joining JLL, Jay was a Managing Director in the capital markets group within Cassidy Turley, with prior positions in Cassidy Turleys Baltimore-Washington Corridor office leasing team, corporate services group and appraisal and research departments.
These experiences provide him a deep knowledge base of market dynamics and property level fundamentals that he uses to extrapolate value on each transaction. He has an in-depth understanding of property financials and cash flows, how nuances in revenue and expenses can drive value, an eye for detail and the ability to anticipate and mitigate transaction pitfall events prior to them occurring.
Jay takes a client advocate to each assignment and utilizes his strong intermediary and unique problem solving skills developed over the course of his 15 year career to effectively manage each sales assignment and maximize results.
One East Pratt Street, Baltimore, MD 355,779 sf CBD Office, Griffith Properties, $58.75M 201 N. Charles Street, Baltimore, MD 264,126 sf CBD Office, Stratford Realty Management, $19.7M 36. S Charles, Baltimore, MD 294,274 sf CBD Office, Clark Enterprises, $26.1M Bellevue Corporate Park, Wilmington, DE 305,480 sf Office Portfolio, Metzler, $61.5M Towson Commons, Towson, MD 401,225 sf Mixed Use, Capmark Finance, $41M The CMS Building, Baltimore, MD 80,398 sf Office, CSG Partners/Blue Vista, $14.45M Lakeview I & II, Columbia, MD - 215,662 sf Office Portfolio, Goldstar Group, $30.2M Tech Center 29, Silver Spring, MD - 288,382 sf Industrial, Developers Diversified Realty Corp., $31.1M Riverside Distribution Center, Belcamp, MD - 599,109 sf Industrial Portfolio, TA Associates Realty, $31.1M Oakland Mills Distribution Center, Columbia, MD - 444,765 sf Industrial Portfolio, Emory Properties, $20.7M Prologis Portfolio, Columbia, MD - 588,000 sf Flex, Prologis, $81.75M Franklin Center, Columbia, MD - 200,000 sf Office, Principal Global Investors, $65M 200 West Stewart Huston Drive, Coatesville, PA - 314,000 sf Industrial, BPG Properties, $16.25M Citizens Bank Center, Wilmington, DE - 220,000 sf Office Tower, Midland Loan Servicing, $22M Rutherford Business Park, Baltimore, MD - 365,000 sf Office, Corporate Office Properties Trust, $32.5M Tide Point, Baltimore, MD - 400,000 sf Office, Under Armour, $60.5M 8930 Stanford Boulevard, Columbia, MD - 154,000 sf Office, W.P. Carey, $26M 1900 Clark Road, Havre de Grace, MD 613,000 sf Industrial, Hampshire Funds, $26.4M Swan Creek Distribution Center, Baltimore, MD 512,000 sf Industrial Portfolio, ASB Capital Management, $23.5M
2007 - 2012 Baltimore Business Journal Heavy Hitter Award 2007 - 2012 CoStar Power Broker 2012 Cassidy Turley Edge Award - Top Capital Markets Team 2011 & 2012 Cassidy Turley Top 100 Broker (Nationally)
MBA, Finance Concentration, Loyola College in Maryland Bachelors Degree (Summa Cum Laude), University of Baltimore
Greater Baltimore Board of Realtors (GBBR) National Association of Industrial and Office Professionals (NAIOP) Licensed Broker in Maryland, Delaware and North Carolina