Why Jacksonville

FOR LEASE WATERFRONT OPPORTUNITY 1163 TALLEYRAND AVE. JACKSONVILLE FL, 32206 ± 35 PAVED ACRES

RAIL SPUR ±35 ACRES CSX RAIL

TALLEYRAND AVE

BOND AVE

Eric Bumgarner, CCIM Guy Preston, SIOR Senior Director Executive Director +1 904 861 1152 +1 904 861 1125 [email protected] [email protected] 800± TRAILER SPACES

CSX RAIL

TALLEYRAND AVE

PROFILE SUMMARY 1163 TALLEYRAND AVE., JACKSONVILLE FL, 32206

• Land Area: 35± Acres • Office area (approximately 5,810/SF office building) • Zoning: Waterfront Industrial • Ingress/egress points on Talleyrand Avenue • Trailer spaces: 800± paved spaces • Reefer plugs available • Perimeter fencing • Berthing opportunities • Pole lighting throughout entire site • Stevedore and other logistics available • Concrete landing pads • Utilities available • Rail service (rail service available through CSX) j

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LOGISTICAL ADVANTAGES & STRATEGIC LOCATION • Three railroads (CSX (headquartered in Jacksonville), Norfolk Southern and Florida

New York Chicago East Coast Railway Cleveland Pittsburgh Philadelphia

• Multiple interstates including I-10, I-75 and I-95, capable of reaching over 61 million Cincinnati Washington D.C. consumers in an 8 hour drive Richmond

• Jacksonville International Airport, one of the most modern airports in the world, just Nashville

underwent a $300 million upgrade and expansion. Charlotte 7 Columbia Atlanta • 85+ non-stop daily flights, 29 direct U.S. Airports, 115 million tons of cargo annually Birmingham

WORK FORCE TALENT Jacksonville • Median age of 38, in-line with the national average and 3 years younger than the New Orleans 8 HOUR

Florida average Orlando DRIVE TIME 61+ MILLON People • Strong Military and Defense Industry Presence, 4 major military installations in Tampa

the Northeast Florida Region Miami • Each year, more then 3,000 exiting service members choose to stay in the region • Northeast Florida has more than 150,000 jobs in transportation, trade and RECOGNIZED AS “AMERICAS logistics LOGISITCS CENTER”

SEAPORTS 3 INTERSTATES • JAXPORT is one of the regions three deep-water ports and is the #1 container SAME -DAY SOUTHEAST ACCESS TO port complex in Florida. 61+ MILLION CONSUMERS • Over $600 million invested in infrastructure upgrades, from cranes to on-dock rail to deepening the shipping channel to 47 feet with plans to invest another $1.2 billion. 3 RAILROADS • Boasts the widest shipping channel in the Southeast, enough room for two ships to pass at the same time JACKSONVILLE INTERNATIONAL AIRPORT • JAXPORT handled over 9.3 million tons of cargo in 2017 • Port of Fernandina is located at the Florida-Georgia border providing key access to producers in the southeast 85+ 29+ $300 M NON-STOP DIRECT US IN INFRASTRUCTURE DAILY FLIGHTS AIRPORTS IMPROVEMENTS THE PORT OF JACKSONVILLE

Major Growth Projects Deeping the Harbor Deepening the harbor is essential to meet the needs of larger cargo ships transiting the Suez and Panama Canals as those vessels deliver cargo to The Port of Jacksonville terminals. A 47-foot depth for the federal channel will position The Port of Jacksonville as the first U.S. East Coast port of call for fully loaded New Panamax class vessels. The U.S. Army Corps of Engineers (USACE) conducted a comprehensive, years-long economic, engineering and environmental study of the project. In June 2017, The Port of Jacksonville’s Board of Directors allocated the first phase of port funding to the USACE for construction and environmental monitoring. Construction is set to begin by early 2018. Along with significant state funding already in place, the $484 million, 11-mile project recently received $21.5 million in federal funds along with a new start designation making it eligible for further federal dollars.

Mile Point As the Intracoastal Waterway and St. Johns River converge at Mile Point, the largest, deep-draft container vessels calling The Port of Jacksonville's terminals can only enter the harbor twice daily at high tide. Completing the Mile Point project will significantly reduce this restriction, saving carriers and shippers time as these ships unload and load at The Port of Jacksonville terminals. Currently, larger container ships can only travel the St. Johns River during two four-hour periods of the day due to the tidal effects at the Mile Point location. Strong currents threaten these ships whose heavy cargo makes them less navigable, creating a potential safety hazard as well as significant delays where ships are forced to wait for high tides. The improvement will correct cross-currents that keep larger ships from using the channel on ebb tide.The U.S. Army Corps of Engineers is overseeing the construction of the project. Crews are currently excavating along the shore and laying rock mats underwater that will serve as the foundation for the western training wall. Phase I should be completed in the fall. Phase II will begin a year later and focus on restoring marshlands. The state has advanced $43.5 million for design and construction of the Mile Point harbor improvement project.

Intermodal Container Transfer Facility The Port of Jacksonville’s ICTF at Dames Point serves The Port of Jacksonville’s Northside terminals: The TraPac Container Terminal at Dames Point and the Blount Island Marine Terminal. The direct transfer of containers between vessels and trains speeds up the shipment process and reduces the number of trucks on the road. Ceres Rail Services manages the day-to-day operations and maintenance of the facility.Rail that connects to CSX’s main line allows for two unit trains each day (one inbound and one outbound) carrying up to 200 containers each. Two truck lanes allow vehicles to transport containers to and from the adjacent shipping terminals. Upgrades to wharves, on-dock rail and terminal pavement areas are under construction. These capital improvements – made possible by $100 million in federal and state funds – will enable The Port of Jacksonville to build the port of the future Source: JAXPORT.com Port of Jacksonville Facts > The Port of Jacksonville is one of only 16 US Strategic Ports on-call to move military > Jacksonville is the No. 1 container port complex in Florida moving more than one cargo for national defense (and the only one in Florida) million containers last year > It offers direct trade with Asian ports through both the Panama and Suez Canals > The Port of Jacksonville is a top vehicle handling port in the nation > The Port partners handle containerized cargo, automobiles, recreational boats and > The Port supports more than 132,000 jobs and contributes $27 billion to the regional construction equipment, dry and liquid bulk, oversized and specialty cargoes The economy every year Jacksonville Port serves 17 of the top 20 global ocean carriers > For every dollar invested in the Jacksonville harbor deepening project, more than $24 > The Port handled 8.2 million tons of cargo last year will be returned to the state of Florida Source: JAXPORT.com > The Port of Jacksonville’s Foreign Trade Zone No. 64 is the 3rd largest of Florida’s 20 FTZs, based on combined value of import and export trade passing through it WHY JACKSONVILLE

The Jacksonville Market MSA is the largest in the continental United States by area, covering around 875 square miles in the northeastern part of Florida, including Duval, Nassau, St Johns, Clay and Baker counties. Jacksonville is the largest city in the state based on population and growing.

Top Private Employers in Jacksonville MSA JAX MSA Demographic Profile Employment Market Statistics (and number of employees) Jacksonville Rankings

Mining and logging Construction Manufacturing Trade #5 #2 Information Financial Best Cities for Most Up-and Millennials Coming City Professional and business services Education and health services 10,500 8,000 6,700 CNBC in America Leisure and hospitality Other services June 2018 TIME October 2017 POPULATION GROWTH Government

JAX MSA U.S. 20.23 15.44 15.25

12.32 #9 #9 11.06

1.98% 0.53% 9.84 Best Value Hottest City for

6.39 Destinations Tech Jobs 4.42 3.69 LONELY PLAN- ZIPRECTUITER

1.3 6,000 5,700 June 2017 0.06 4,500 ET October 2018

Unemployment Rate Over Time 11 #5 #2 10 Fastest Growing Most Up-and 9 City in America Coming City MEDIAN HOUSEHOLD INCOME 8 FORBES in America 7 June 2018 TIME 3,900 3,600 3,600 October 2017 JAX MSA U.S. 6 $56,840 $57,617 5 4 3 2010 2011 2012 2013 2014 2015 2016 2017 #1 #12 Mayo #1 Best City for Hospital in the Young Jacksonville National Nation Professionals US NEWS FORBES 3,500 3,000 3,000 August 2017 May 2017 Unemployment Rate 3.6% MEDIAN AGE Projected Job Growth 39.21% over the next ten years #7 #2 Best Cities for City to Invest JAX MSA U.S. Job Seekers in Housing MONEY FORBES 38.3 37.9 May 2017 April 2017 2,600 2,400 2,300 JACKSONVILLE, FLORIDA DEMOGRAPHICS • The Jacksonville MSA grew by a staggering 11.84% from 2010 to 2017 bringing the current population to an estimated 1.5 million • 837,000 working age adults provide a robust labor force • 15% lower construction costs than the national average

POSITIVE TAX ADVANTAGES LOWEST COMMUTE TIME OF ANY OTHER MAJOR CITY 25 MINUTES 3.5% UNEMPLOYMENT RATE NO CORPORATE FRANCHISE TAX STATE PERSONAL INCOME TAX 3.5% TAX ON INVENTORIES SCHOOL DISTRICT IN FLORIDA TAXES ON FOREIGN INCOME FOR 9 YEARS IN A ROW (ST. JOHNS COUNTY) TAXES ON MANUFACTURING EQUIPMENT WHY FLORIDA ECONOMY Florida’s economy would be the 18th largest in the world, if it were a country. It surpasses most in its access to global markets, multimodal transportation, AAA credit rating, and the scale and scope of industry assets. No longer reliant on tourism, Florida’s economy to industries includes financial & professional services, life sciences, tech, and manufacturing. Florida also has the fourth largest workforce in the US, gaining over 200,000 jobs in the last year. Florida’s unemployment rate reduced to 3.8% from November 2016 to November 2017, which is 0.3 percentage points less than the national unemployment rate. Florida’s annual job growth has continuously exceeded the nation’s rate and is projected to add an additional 1,049,947 jobs by 2025.

TOP US DESTINATION POPULAR TRENDS STATES FOR COMMERCIAL Florida has the fourth fastest growing population in the United States, surpassing the national growth rate of 5.5%, and the second fastest in the South Atlantic. Florida’s current population #1 REAL ESTATE INVESTMENTS is estimated to be over 20.9 million residents, making it the third most populated state, after California and Texas. This translates into an 11.6% growth in the population since 2010, accord- ing to the US Census Bureau. By 2030, the Sunshine State is projected to add an additional 1.8 million residents.

MOST POPULOUS STATE IN THE U.S. WITH 20.9 MILLION PEOPLE (FL #3 61,000 EXPORTERS, FLORIDA HAS SURPASSED NY) THE SECOND MOST EXPORTERS IN THE U.S.

CURRENTLY RANKED “5TH” STATES WITH FASTEST #5 GROWING ECONOMIES BY 247 WALLST.COM

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