Battleground Rail Logistics

JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the leasehold interest in Battleground Rail Logistics (“the Property”). The Property is a newly constructed, 129,556 square foot industrial asset located in Houston’s Southeast submarket. This build‑to‑suit facility will deliver in Q3 2026 and is 100% leased to Kuraray America, Inc. (the “Tenant”) on a rolling 14‑year lease term featuring 3.50% annual rental escalations. The lease features a 14‑year rolling term (self‑renewing annually unless terminated with 6–9 months’ notice), providing long‑duration cash flow with two additional 15‑year extension options. Kuraray has invested over $20 million into the Property, including three rail spurs, 3,800 amps of power, full racking, a custom pneumatic conveying system, and other specialized improvements, ensuring the facility will remain operational indefinitely.

The Property offers immediate access to Highway 225 and located less than 2 miles from Barbours Cut Container Terminal, one of the two largest container terminals in Houston. Additionally, the Property is strategically connected to the Port Terminal Railroad, which links to Union Pacific rail, providing Kuraray with nationwide distribution capabilities. Kuraray operates five established locations adjacent to the Port of Houston; Battleground Rail Logistics would represent a sixth, distinct location complementing its existing nearby operations.

Battleground Rail Logistics presents a compelling opportunity for investors to acquire a newly constructed, build‑to‑suit industrial facility in one of the most fundamentally strong markets in the country. The investment offers stable cash flow with attractive 3.50% annual rent escalations, anchored by a highly committed tenant with 14.0 years of weighted

average lease term remaining.