Carter Crossing

JLL capital markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Carter Crossing (“the Property”). Located in Houston’s North submarket, the Property is a newly constructed, 137,171 square foot front-load industrial asset. The Property delivered in 1Q 2025 and was immediately pre-leased by Red Bull North America, Inc. (RBNA) (“the Tenant”) for 5.1 years with 3.75% annual rental escalations. The lease features one, two-year extension option and one, five-year fair market value renewal option. RBNA, operating as a subsidiary of Red Bull GmbH, is responsible for all sales and marketing activities related to Red Bull Energy Drinks across the United States and Canada.

Carter Crossing occupies one of the last available developable industrial sites in the immediate area with proximity to both Beltway 8 and Interstate-45. Additionally, the Property’s sub 150,000 square foot footprint positions itself to outperform the market as Houston’s small-to-mid size inventory continues to lead in occupancy gains and rental growth.

The location offers tenants easy access to Interstate-45 and Beltway 8 enabling connectivity to the broader Houston MSA and greater Texas Triangle. The opportunity allows investors to acquire a newly constructed North Houston asset backed by credit tenancy and capitalize on strong in-place cash flow via attractive 3.75% annual

rental escalations.