Atlantic Corridor Core Logistics Portfolio

Jones Lang LaSalle Americas, Inc. ("JLL") has been retained as the exclusive sales advisor to market the fee simple interest in the Atlantic Corridor Core Logistics Portfolio (the "Portfolio"), a rare collection of four (4) Class A, state-of-the-art logistics facilities totaling 1.34 MSF across key markets along the East Coast. With 8.6 years of WALT, the 94% occupied Portfolio provides investors the unique opportunity to aggregate best-in-class industrial product with blue chip tenancy at a steep discount to replacement costs with an exceptionally stable cash flow stream. The 21.9% mark to market opportunity coupled with immediate pathway to lease the last remaining 80k square feet within the Portfolio provides runway to outsized returns. Investors may bid on the assets as a portfolio or individually.

A curated mix of single- and multi-tenant facilities delivered between 2022-2023, the Properties sport ideal layouts and functionality for modern distribution users featuring 223,870 average building sizes and 33' average clear heights. The Portfolio offers cash flow diversity between high growth Southeast markets such as Raleigh-Durham and Treasure Coast (49% of Year One NOI) and well-established land constrained New England markets of Boston and Hartford (51% of Year One NOI).

With 66% investment-grade tenancy, the blue-chip tenant roster features household names such as Amazon (NASDAQ: AMZN, S&P: AA), Novo Nordisk (NYSE: NVO, S&P: AA) and Cardinal Health (NYSE: CAH, S&P: BBB) and a highly recession resistant industry mix with 90% of Year One NOI from medical, healthcare logistics, and consumer services users. A 21.9% mark-to-market opportunity coupled with 8.6 years of WALT from heavily invested, best-in-class tenants provides a unique opportunity to steadily grow cash flow through contractual, 2.9% weighted average lease escalations, fair market value (FMV) renewal options, and a staggered rollover schedule upon lease maturity.