2021 Recent Sales

OFF MARKET OFFERS ARE NOT AS GOOD AS THEY SEEM. BENEFITS OF WIDE MARKETING: • Exposure to the deepest and most aggressive buyer pool including exotic and overseas capital • When competing, buyers are pushed to more aggressive pricing

and terms (shorter diligence, higher deposits) • Backup offers result in reduced risk of retrades • In a fast-moving market, off market sales result in applying yesterday’s pricing to today’s market

DON’T LEAVE MONEY ON THE TABLE!

LAKESIDE LOGISTICS

Plant City, FL 505,160 SF Vacant Shell Year Built: 2021

• 126 Signed CA’s • 4 Week Wide Marketing Period • 8 Offers • $43.3M/$86 PSF

$ 43.3M WITH C&W FULL MARKETING CAMPAIGN +$ 7.3M 20% ADDITIONAL VALUE CREATION

$ 36.0M OFF MARKET VALUE

188 SPACES

506'

FIRE LANE

1,000'

FIRE LANE

Lakeside Logistics Center 505,160 SF 50.44 Acres +/-

FIRE LANE

FIRE LANE

75 TRAILER PARKING SPACES

75 TRAILER PARKING SPACES

TRUCK COURT

TRUCK COURT

116 SPACES

STORMWATER RETENTION

153,675 SF possible expansion opportunity

FLORIDA KEYSTONE

Ocala, FL 1,937,892 SF 100% Leased Year Built: 1999

• 3 Week Wide

Marketing Period • 11 Offers • $126.5M/$65 PSF

$ 126.5M WITH C&W FULL MARKETING CAMPAIGN +$ 9.5M 8% ADDITIONAL VALUE CREATION

$ 117.0M OFF MARKET VALUE

TAMPA FULFILLMENT CENTER

Tampa, FL 178,367 SF 100% Leased Year Built: 2020

• 130 Signed CA’s • 4 Week Wide Marketing Period • 10 Offers • $32.6M/$183 PSF

$ 32.6M WITH C&W FULL MARKETING CAMPAIGN +$ 6.6M 25% ADDITIONAL VALUE CREATION

$ 26.0M OFF MARKET VALUE

DETENTION

WATER METER AND BACKFLOW ASSEMBLY

CLARK STREET

LIFT STATION

117 CARS

GENERATOR

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

N 30th STREET

DISTRIBUTION CENTER 178,387SF

112 CARS

86 CARS

3 BAYS AT 50' + 1 BAY AT 35' = 185' - 0"

1 BAY AT 16' + 18 BAYS AT 52' + 1 BAY AT 18' = 968' - 0"

N 34th STREET

48 DOCKS

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

DRIVE-IN

130' - 0"

DETENTION

DETENTION

LAKELAND DRAGSTRIP LOGISTICS CENTER Lakeland, FL 710,962 SF 100% Leased Year Built: 2020 • 122 Signed CA’s • 2 Week Wide Marketing Period • 12 Offers • $108.7M/$153 PSF

$ 108.7M WITH C&W FULL MARKETING CAMPAIGN +$ 22M 25% ADDITIONAL VALUE CREATION

$ 86.7M OFF MARKET VALUE

Cushman & Wakefield of Florida, Inc. 201 North Franklin Street, Suite 3300 Tampa, Florida 33602-5813 USA

DON’T LEAVE MONEY ON THE TABLE!

CUSHMAN AND WAKEFIELD’S FLORIDA INDUSTRIAL ADVISORY GROUP MIKE DAVIS Vice Chairman mike.davis@cushwake.com (305) 533 2862 RICK COLON Director rick.colon@cushwake.com (407) 541 4422 RICK BRUGGE Executive Managing Director rick.brugge@cushwake.com (813) 204 5365 DOMINIC MONTAZEMI Executive Director dominic.montazemi@cushwake.com (305) 533 2850