Beacon Commerce Park

EXCEEDINGLY RARE CLASS A CORE PORTFOLIO OF SCALE

•Ability to plant a flag in Raleigh-Durham and establish a +600,000 SF footprint in a top-performing Sun Belt growth market

•One of only two opportunities in the last five (5) years to acquire an institutional-grade Class A portfolio of this scale – the other being Eastgate540 in 2021

SUSTAINED YIELD GROWTH WITH BALANCED MARK-TO-MARKET

•3.52% wtd. avg. annual escalations provide robust sustained yield growth

•Future value creation opportunity with 30.7% below market in-place rents

•Diversified rollover schedule with an average of 11% rent roll exposure annually between Years 3 and 7

INSTITUTIONAL-GRADE MULTI-TENANT LOGISTICS DESIGN

•Cross-dock and rear-load configurations with 30’ minimum clear height

•Efficient loading with 135-185’-deep full concrete truck courts and abundant trailer storage positions

•Multiple storefronts and highly varied suite size mix for flexible leasing

HIGH BARRIERS TO ENTRY CREATE FAVORABLE MARKET DYNAMIC

•Concerted efforts by the city of Garner to raise barriers to new logistics development forcing future projects to look towards the extremities

•Artificial guardrails to supply/demand balance provide for long-term rental rate security in a dynamic, fast-paced leasing environment

•Irreplaceable logistics space in core interior submarkets becoming increasingly rare, preserving the sought-after market niche of BCP

ADVANTAGEOUS LOGISTICS LOCATION

•One-half (0.5) mile from I-40, providing access to Raleigh CBD and Research Triangle Park (RTP), as well as I-540 beltway loop expansion

•Proximity to major transportation thoroughfares including I-95, I-85, US-1 and US-70, connecting to every corner of the Raleigh-Durham metro