Creek-Princeton Cincinnati Industrial Portfolio

Jones Lang LaSalle (“JLL”), as exclusive advisor to ownership, has been retained to market for sale the fee-simple interest in the Cincinnati Infill Industrial Portfolio, a two building, 346,969 square foot industrial package located in land-constrained, high-occupancy industrial pockets in Blue Ash and West Chester Township, Ohio (the “Offering”, the “Properties”, or the “Portfolio”). 100% leased, the Properties serve as the headquarters for food maker Baxters North America and garage door vendor Overhead Door Company Of Greater Cincinnati, two highly-committed tenants which have each occupied their respective properties for over 20 years. The Portfolio’s 4.5 years of weighted average lease term

remaining is secured by the mission-critical nature of the Portfolio to its tenancy, as Baxters’ facility anchors a three-building, adjacent production campus while Overhead Door has invested substantially into custom showroom and office for sales operations within its Property. Critically, the Portfolio is located in high-performing industrial submarkets along the I-275 Cincinnati outer beltway, ideally positioning the Portfolio to draw from the market’s deep blue-collar labor base and capitalize on immediate access to I-71 and I-75. This prime location in Cincinnati’s highly populated north industrial corridor combined with the heavily-invested tenancy creates an opportunity for an investor to drive value by harvesting below-market (40%+) in-place rents to rapidly rising Cincinnati industrial rents which grew at a 8.2% CAGR from 2017-2022. As such, the Cincinnati Infill Industrial Portfolio provides investors with a unique entry point into this high-growth industrial market in the form of irreplaceable, mission-critical industrial product at a discount to replacement costs, which couples with below-market in-place rents to provide a runway to near-term value creation.