Horizon 16 Industrial Park - Phase I

Jones Lang LaSalle America, Inc. (“JLL”) has been exclusively retained by ownership as the sales representative for Horizon Phase I. These three state-of-the-art industrial facilities span 1,106,579 square feet, and are located within the 605-acre Horizon 16 Industrial Park situated in the Dean Forest submarket – Savannah’s largest submarket which boasts a 6% vacancy rate. Adjacent to Jimmy Deloach Parkway, the properties sit in a prime location with direct access to the Port of Savannah, North America’s largest single-terminal container facility, via only two truck turns.The properties are 96.2% leased with the majority (64.4%) leased to credit tenancy.

Building 100 - 711,975 square feet - 100% occupied by Ferguson Enterprises (Rev. $29.6B 2024, BBB+ S&P, NYSE: FERG) with 5.5 years of term remaining and 4.0% annual escalators. Ferguson recently elected to expand into the entire building and has invested $9.4 million to date in improvements to the space, proving out their commitment to this location.

Building 200 - 238,612 square feet - 100% occupied Harbor Freight Transport with 3.1 years of term remaining and 3.75% annual escalators. The building features a rear load configuration with 3 store fronts and can be easily converted into a multi-tenant building in the future.

Building 300 - 155,992 square feet - 73% leased to Green Worldwide Shipping and Provenza Floors Inc. Both tenants have 4.0% annual escalations and 3 years of term remaining. Included is an unoccupied 42,119 square foot unit which presents an opportunity for increased returns upon lease-up.

The industrial market in Savannah is experiencing remarkable growth, fueled by record cargo volumes at the Port, infrastructure projects, and extensive logistical connectivity. In terms of tracked tenant demand as a percentage of inventory, Savannah ranked first in the country from 2022 through 2023 and second in 2024. In 2024 alone, Savannah ranked first across all national markets with respect to net absorption at 22.2 million square feet (inclusive of both manufacturing and warehouse & distribution) representing a 71% increase year-over-year. Year to date in 2025, net absorption metrics, excluding the Hyundai Metaplant (10.1 MSF), remain strong, ranking first nationally as a percentage of inventory.