Project Bluefin - East Coast Portfolio

Jones Lang LaSalle (“JLL”), as exclusive advisor to PNK Group (“PNK”), is pleased to present the opportunity to acquire the fee simple interest in Project Bluefin (the “Portfolio”), a trophy collection of eight newly developed Class A+ industrial facilities totaling approximately 5.3 million square feet in high performing industrial markets along the East Coast. Offering above-standard building specifications and a blue chip tenant base, the Portfolio provides investors a generational opportunity to acquire institutional logistics product at scale while capturing significant upside through the lease-up of the remaining vacancy.

Delivered between 2024 and 2027, the Portfolio is comprised of 8 bulk and regional distribution facilities offering exposure to in-demand leasing segments in each of the Portfolio markets. Each property features above standard building specifications including 40-foot clear heights, 8-inch reinforced slabs, insulated concrete walls with reinforced concrete columns, support for multiple cranes, TPO 60mil roof systems with 20-30 year roof warranties, fully dock packages on every door and more. Ample trailer and auto parking coupled with heavy power availability serve large-format occupiers without near-term capital expenditure. The Portfolio spans five logistics markets: Atlanta (29% of SF), Eastern and Central PA (28%), Greensboro (20%), Richmond (16%), and Hartford (8%). Four of the five markets have 2.0% or less of spec built inventory under construction (JLL, Q3 2026), and all five markets posted positive year-to-date net absorption. Strong Portfolio market fundamentals coupled with the Portfolio’s institutional-quality building specifications, position the assets to benefit from ongoing tenant flight to quality.

Project Bluefin offers a rare opportunity to acquire some of the highest-quality industrial product along the East Coast. Through a single transaction, investors gain exposure to investment-grade cash flow, substantial lease-up upside, and eight best-in-class bulk and regional distribution facilities across five strategically located logistics markets.