2260 Volvo Car Drive

100% LEASED CLASS A+ NEW CONSTRUCTION WITH 5.2 YEARS OF TERM

EXISTING INVESTMENT-GRADE CASH FLOW WITH NEAR-TERM UPSIDE

• 100% leased to Volvo Car USA (“Volvo”) on a fresh 5-year lease term with

3.00% annual rent escalations

• Multiple 5-year FMV renewal options with 3.00% annual rent escalations

• Volvo is the US operating entity of global auto manufacturer Volvo Car AB, a

direct subsidiary of Zhejiang Geely Holding Group Co. Ltd. (S&P: BBB-)

MISSION-CRITICAL DISTRIBUTION FACILITY

• The only distribution facility servicing Volvo’s 2.3 MSF Ridgeville production

facility, just two (2) miles away.

• Located at a touchpoint to the rapidly evolving EV market throughout the

Charleston market and across the Southeast

TROPHY-QUALITY NEW CONSTRUCTION

The Property includes a multitude of highly-sought after features such as:

• 472’-deep, cross-dock loading configuration

• 36’ clear height

• 116 dock-high doors and 4 drive-ins serviced by 185’ truck courts

• 156 trailer storage spaces

• ESFR sprinklers and LED lighting

ACCESS TO CHARLESTON MSA WITH SOLID INDUSTRIAL FUNDAMENTALS

• Rapidly-growing population of over 800,000 that has grown by more than

49% since 2000 and is projected to continue growing due to exceptional

population momentum

• Charleston continues to add new residents at a breakneck pace, with an

average of 33 people moving to the MSA every day

• Comprising over 70 MSF of industrial inventory, the tight Charleston market is

currently 97.7% occupied with 6.4 MSF of net absorption in the past 24 months

• Rent growth continues unabated, with average NNN asking rents for Class A

product growing at a 4.8% 10-year CAGR

PRIME DISTRIBUTION LOCATION

• Situated just three (3) miles off I-26, the distribution backbone of the

Charleston area that connects the Port of Charleston to I-95, I-77, and I-20

• The Property is located precisely equidistant from I-95 and the Port of

Charleston, one of the most productive seaports in the US and a critical

international gateway for global commerce that contributes over $63.4 billion

to the local economy

• Dual rail service from Norfolk Southern and CSX via multiple Class I rail

networks directly connects the Port of Charleston and the Charleston MSA to

over 40,000 miles of freight rail spanning 23 states