Norwegian Cruise Line_OM_C&W Miami FINAL RSF


Ideally Located in an Opportunity Zone


» The asset is located in Census Tract 91, Medley. It is one of 67 Opportunity Zones in Miami-Dade County Florida » The Opportunity Zone is an economic development tool that allows for investing in distressed areas in the United States » The Opportunity Zone program was included the Tax Cuts and Jobs Act (TCJA), passed in December 2017 .


Exceptional Location in Miami’s Airport West Submarket Poised for Future Growth


Investment Underpinned by Country’s Most Dynamic Commercial Real Estate Market

» Located at the Nexus of One of South Florida’s Most Important Interchanges (SR 826 & SR 836) » Exceptional Visibility, Branding and Signage With Over 1,000 Feet of Frontage on the Palmetto Expressway (SR 826) and Immediate Proximity to Miami International Airport (“MIA”) » Superior Access to Diverse Pool of Labor with 78% of South Florida’s Population Within a 1-Hour Commute

» 7th largest MSA in the United States and fastest growing state for the first time since 1957

» Significant Corporate Relocations to South Florida & Labor migration since 2019

» South Florida/Miami leads the country in post-covid leasing activity

» Poised to Leverage Overall Unparalleled Growth In Miami’s Robust Office Market

» The South Florida Surge has culminated in record low vacancy and thus rapid rent growth

» Significant Upside Supported by Increasing Demand for Office and Industrial Redevelopment In Close Proximity to the MIA, One of the Busiest Airports in the World

» Developable land scarcity leading to continued property valuation increases

7 | Norwegian Cruise Line Holdings

Cushman & Wakefield | 8

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