8 Asset Switch Portfolio

The Offering consists of 8 switch data center assets owned by the Seller on a fee simple basis and leased to a telecommunications company (the “Tenant”) on an absolute net basis. These assets total 379,000 square feet spread across 26 acres, with 7 of the assets 100% leased to the tenant through 2034 and the 8th asset through 2031. The Properties are critical infrastructure to the Tenant as the locations are interconnected transmission facilities that efficiently route telecommunication traffic across their network. The Tenant has maintained occupancy in all assets since at least 2014.

• The Tenant is a major home internet provider in each of the 8 markets with assets being offered, providing high speeds and broad coverage in each market due to the DSL and fiber connectivity provided by the offered assets.
• The Colorado Springs and Lexington assets serve as key data center locations for the tenant’s wholesale services, with the Lexington asset serving as the switch and data center hub for the Tenant's east coast operations.