Empower Brands Distribution Center

JLL Industrial Capital Markets, serving as the exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Empower Brands Distribution Center (the “Property”) – a ±983,986 SF large-bulk distribution facility located in Redlands, CA, one of the top pockets within the broader Inland Empire and a proven location critical to global supply chains. The property is fully leased to Empower Brands, LLC. The lease is backed by a corporate guarantee from Spectrum Brands, Inc. (NYSE: SPB), a publicly traded company with a stable BB rating from Fitch, a market capitalization of $1.68 billion, and total revenue of $2.81 billion. The tenant has occupied the space since it was originally constructed in 2002 — a ±23-year operational commitment that underscores the Property’s strategic importance within their operations. With approximately 9.7 years of term remaining, the Property offers long-duration cash flow guaranteed by a public company, at an attractive going-in yield profile and an exceptional basis, in a location that is entirely land constrained prohibiting big-box development in the future.