Port 801

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for Port 801 (the “Property”) – a 239,448 square foot trophy-quality logistics facility situated in close proximity to the I-95 economic super corridor in the Richmond, Virginia MSA. The 100% leased, Class A+ multi-tenant asset presents investors the opportunity to acquire a premium core logistics facility with existing investment-grade cash flow. Furthermore, Port 801 features robust future yield expansion via 3.2% annual escalations and an attractive 13% mark-to-market opportunity.

The Property’s prime location grants immediate access to the I-95 logistics corridor and direct connectivity to the Richmond region’s major distribution arteries. This strategic location enables efficient delivery to the entire Eastern Seaboard and reaches a significant portion of the U.S. consumer market within a one (1)-day drive. Moreover, the Property boasts a multitude of coveted design characteristics, including 32’ clear heights, ESFR, fifty-six (56) 9’ x 10’ dock-high doors with thirty-five (35) doors containing 35,000-pound mechanical levelers and seals.

Located in a highly-sought after market and anchored by UPS (NYSE: UPS | S&P: A), the Property offers investors an opportunity to capture a trophy-grade asset with economically-resilient cash flow.