5 Carolan Street SAVANNAH, GA 31415

FOR SALE > DOWNTOWN INDUSTRIAL WAREHOUSE INVESTMENT PROPERTY 5 Carolan Street SAVANNAH, GA 31415

Listing Details >

> ±1.09 Acres > Large paved truck court > ±14,000 SF total, with ±1,500 SF office > Close proximity to Downtown Savannah and the and ±1,500 SF walk-in freezer/cooler Georgia Ports Authority > Commercial visibility on Bay Street > Zoned: B-G (General Business, Savannah) > Three year lease with Wrist Ship Supply ASKING PRICE: $995,000 (the world’s largest ship supply company)

DANNY S. CHASE, SIOR COLLIERS INTERNATIONAL 912 662 8012 545 E. York Street SAVANNAH, GA Savannah, GA 31401 [email protected] www.colliers.com FOR SALE > DOWNTOWN INDUSTRIAL WAREHOUSE INVESTMENT PROPERTY 5 Carolan Street SAVANNAH, GA 31415

Wrist Ship Supply > Lease Information >

Wrist is the world’s largest ship supplier, > $7,000/Month, NNN the company coordinates global activities through regional centers in Europe, the > 8.4% cap rate Far East, Middle East, Canada and North > Three-year lease America. Wrist Ship Supply’s 30 operations and more than 300 partnerships with > Termination right after 2 years with 3 month rental local suppliers span the world’s sea-lanes penalty. and are founded on meeting the current Business Review 2015/ 22 Business Review 2015/ 25

FINANCIAL STATEMENTS Business Review 2015/ 26 Business Review 2015/ 27 demands of all ship owners, operators, CONSOLIDATED FINANCIAL STATEMENTS INCOME STATEMENTSTATEMENT OF v WORLD OF WRIST Business Review 2015/ 24 Business Review 2015/ 23 2014 MOBILE, USA Fax +1 510 444 7216 COMPREHENSIVEALGECIRAS, SPAIN INCOME2015F-34200 Sète, France GUANGZHOU GARRETS INTERNATIONAL LTD. Group DK'000 Middle East and the offshore market. Headquarters: World Ship Supply E-mail [email protected] Wrist Europe Intership (Algeciras) S.L. Tel. +33 (0) 467 748 427 Wrist Guangzhou Singapore Pte. Ltd. FINANCIAL STATEMENTS DKK'000 FINANCIAL STATEMENTS Headquarters 5880 I-10 Industrial Parkway Avenida de la Union 8-10 Fax +33 (0) 467130,114 744 045 DUBAI, UAE No. 1038 Mao Gang Road 30 Raffles Place, 104,668 Theodore, AL 36582, USA SEATTLE, USA Net Sales Poligono Industrial, Cortijo Real E-mail [email protected] Wrist Middle East (UAE) LLC. Huang Pu District Level 17 Chevron House, WRIST SHIP SUPPLY A/S Tel. +1 251 662 7474 West Coast Ship Supply 11206 Algeciras, Spain 2015 PETERHEAD, SCOTLAND Industrial Area No. 11, Street No. 8 Guangzhou, 510700, China Singapore 048622 Stigsborgvej 60 CASH FLOW DKK'000 2014 CONSOLIDATED BALANCE SHEETS Fax +1 251 662 7470 6767 East Marginal Way South ProfitTel. +34 of956 the 675 year078 STRACHANS LTD. P.O. Box 6846 Sharjah Tel. (IP) +45 9816 5833 Tlf. +65 680 962 91 DK-9400 Noerresundby, Denmark Cost of sales DK'000 2014 E-mail [email protected] Seattle, WA 98108, USA Fax +34 956 675 079 3,674,577 54 Windmill Street, Peterhead United Arab Emirates Email: [email protected] Fax +65 680 962 01 Tel. +45 98 201513 72 77 Tel. +1 206 716 3001 E-mail [email protected] 3,347,343Aberdeenshire AB42 1UE, Scotland Tel. +971 6 535 1800 E-mail [email protected] Fax +45 98 16 58 33 DK'000 DKK'000 MONTREAL, CANADA Fax +1 206 716 3000 Gross profit Other comprehensice income Tel. +44 1779 485300 Fax +971 6 535 1801 GERMANY Denmark. E-mail [email protected] 16,112 -2,742,133 2014 16,112 Karlo Corporation E-mail [email protected] DEN HELDER STORES -2,541,935Fax +44 1779 470632 E-mail [email protected] Representative Office J. A. AROCHA, S.L.U., SPAIN 2015 Liabilities and shareholder's equity 17,451 10801 Boulevard Ray Lawson Other external expensesDen Helder Stores E-mail [email protected] Tel. +49 402 999 7190 Puerto de Las Palmas DK'000 38,076 Items that can be reclassifies to the income DKK'000 Share capital North America Anjou, QC, H1J 1M5, Canada VANCOUVER, CANADA Schrijnwerkersweg 13, 932,444 Mobile +49 172 984 9400 E-35008 Las Palmas, Gran Canaria, -2,369 Staff Costs 805,408 17,451 Asia 322,155 -1,676 Tel. +1 514 255 5017 West Coast Office 1786statement PC Den Helder when certain conditions are met: 20,625ROTTERDAM, E-mail [email protected] Spain Assets 380,728 Foreign currency translation reserve CORPUS CHRISTI, USA 3,501 306,049 Fax +1 514 255 6888 8038 Glenwood DriveOther operating Theincome Netherlands -253,550 THE NETHERLANDS-2,489 JOHOR BAHRU, MALAYSIA Tel. +34 928 47 56 52 Profit before tax (EBT) World Ship410,604 Supply 905 Goodwill 33,031 Hedging reserves E-mail [email protected] Burnaby BC, V3N 5E9, Canada Tlf. +31 (0)223 635 587 -221,800Wrist-Kooyman Ship Supply B.V. Wrist Far East (Malaysia) Sdn. Bhd. GREECE Fax +34 928 47 56 82 2015 29,859 102 Gilliam Street Other operating expensesExchamge differences, foreign entities -452,531 Amortisation, deporeciation and impaiment lossses DKK'000 2014 11,732 Retained earnings Tel. +1 604 205 5466 Fax +31 (0)223 660 210 Colombusstraat 2-10 103A, Jalan Bestari 1/5 Representative Office E-mail [email protected] Software Corpus Christi, TX 78409, USA337,243 -375,132 498 DK'000 355,515 463,116 NEW ORLEANS, USA Fax +1 604 343 1690Depreciation, amortisationFair value and adjustment impairment for the year relating to hedging NL-3165-212 AD Rotterdam Taman Nusa Bestari Tel. +30 210 452 9479 Working capital changes 138,520 425,491 Tel. +1 361 289 7380 0 Intangible assets in development World Ship Supply E-mail [email protected] ESBJERG, DENMARK 32,204Albrandswaard 79150 Nusajaya, Johor Bahru, Mobile +30 693 2769 653 MALE, THE MALDIVES 163,828 Fax +1 361 289 7404 instruments 1,235 Adjustmets for non-cash items 37,506 Intangible assets Shareholders' share of equity -25 300 Plauche Street Operating profit Jensbefore Lysholdts interest Eftf. A/S and tax (EBIT) Malaysia E-mail [email protected] Cosmopolitan Champa Brothers 30,089 78,184 E-mail [email protected] 162 145,574 Cash flow from ordinary operating activities 75,033 Jefferson, LA 70123, USA FiskebrogadeTax relating 8 to hedging instruments -37,506 125,986THE NETHERLANDS Tel. +607 5571 159 Pvt Ltd. -9,799 Europe -30,089 3,775 Tel. +1 504 586 0767 DK-6700 Esbjerg, Denmark Tel. +31 10 428 4300 (Wrist) Fax +607 557 1145 NORWAY Boduthakurufaanu Magu (CHP-6) M Shareholders' of minority interestsHOUSTON, USA Financial income 52,549 Land and buildings 337,218 Fax +1 504 586 0489 AALBORG, DENMARK Tel. +45 75 12 10 22 190,092 Tel. +31 10 753 6753 (Kooyman) E-mail [email protected] Representative Office K. Male, The Maldives Financial income 16,031 95,246 Wrist USA (Houston),463,204 Inc. Total comprehensive income 218,776 For more information on Wrist Ship Wrist Europe (Aalborg)Financial A/S expenses 210,753 105,891 E-mail [email protected] Fax +45 75 12 60 96 Fax +31 10 495 3966 Mobile +47 9017 2312 Tel. +960 331 0477 Fixtures and fittings, tools 1485 East Sam Houston Parkway 145,551 Financial expenses 213,723 15,796 Stigsborgvej 60 E-mail [email protected] E-mail125,873 [email protected] MANILLA, PHILIPPINES E-mail [email protected] Fax +960 331 0458 and equipment 18,892 Shareholders' equity South, Suite 100 3,543 22,366 23 Income taxes refunded/paid 6,892 NEW YORK, USA P.O. Box 215 Profit before tax (EBT) 20,042 113 19th Floor, Times Plaza Build., E-mail [email protected] 22,461 Pasadena, TX 77503, USA Attributable to: 19,914 Leasehold improvements 6,491East Coast Ship Supply LLC DK-9400 Noerresundby, Denmark GREAT YARMOUTH, UK -73,938 SKAGEN, DENMARK145,574 United Nations Ave.cor. Taft Avenue THE PHILIPPINES Cash flow from operating activities (CFFO) -68,629 593 Tel. +1 281 817 20607,672 Shareholders of Wrist Ship Supply A/S -66,969 0 Deferred tax 755 Central Avenue, Unit 1 Tel. +45 9813 7277 STRACHANS LTD. Wrist125,986 Europe (Skagen) Ermite, Manilla Representative Office SAGA SHIPPING A/S, DENMARK -62,600 Prepayments for prorerty, plant Fax +1 281 817 2090 12,852 Income tax 189,819 14,480 Fax +45 9816 5833 -29,363 Provisions New Providence, NJ 07974, USA AdmiraltyNon-controlling Road, Great Yarmouth, interests 138,520 Vestre Strandvej 6 Philippines Tel. + 63 917 325 2158 Auktionsvej 10 Acquisition etc of intangible assets -35,177 and equitment 199,815 E-mail [email protected] 3,271 163,826 2,998 Tel. +1 732 205 9790 E-mail [email protected] Norfolk NR30 3PU, United Kingdom DK-9990 Skagen, Denmark Mobile + 63 939 921 3090 P.O. Box 48 143,245 Accrual for straight line lease expense Profit for the year Acquisition etc of property, plant and equipment 135,860 Property, plant and equipment 0 477,768Fax +1 908 286 1130 Tel. +44 1493 850337 Tel: +45 98 44 13 33 SHENZHEN E-mail [email protected] DK-9990 Skagen, Denmark Supply: JACKSONVILLE / SAVANNAH,489,688 USA -33,852 0 Debt to mortgage credit institutions E-mail [email protected] AARHUS, DENMARK Fax +44 1493 85 1143 Fax +45 98 44 30 12 Wrist (Shenzhen) Trading Tel. +45 98 44 33 11 Sale of property, plant and equipment World Ship Supply -33,712 -15,020 22,686 Sophus E. JohnsenAttributable & Co. A/S to: E-mail [email protected] E-mail [email protected] Company Limited Fax. +45 98 45 00 29 -27,382 16,047 Debt to credit institutions 5415 Longleaf St. 38,212 Other Group Acquisition of enterprises Investments in associates 34,117 PORTLAND, USA Soeren Frichs Vej 38 k, 1.sal 104,698 Room 216, Block D, Wei Bai Fu E-mail saga@saga·shipping.dk -37,495 22,686 Jacksonville, FL 32209, USA 114 Shareholders of Wrist Ship Supply A/S 103,114 -49,516 Deffered tax assets 16,047 42 West Coast Ship Supply DK-8230 Aabyhoej, Denmark HAUGESUND, NORWAY Mansion, Rong Cun, Industrial entities Disposal of enterprises 2,694 Leasing debt Tel. +1 904 768 1015 568,020 542,2511705 NE Argyle Street Tel. +45 86 Non-controlling12 26 66 interest Wrist Europe (Norway) AS Zone, Gong Yuan South Road, WRIST MARINE LOGISTICS,Cash flow investing activities (CFFI) 43,200 Other non-current assets 641,353 Fax +1 904 768 1016555,890 D.S.C. TRADING LTD., DENMARK -39,620 Other debt Portland, OR 97211, USA Fax +45 86 19 42 09 Kvitsoygaten 4 Shekou, Shenzhen, 518067, China AALBORG E-mail [email protected] 104,555 Kanalholmen 1 0 Total non-current assets Tel. +1 503 224 9950 E-mail [email protected] N-5537 Haugesund, Norway 130,091 Tel. +86 18 92 37 58 608 Stigsborgvej 60 0 195,202 Total non-current liabilities DK-2650 Hvidovre, Denmark Loans raised 217 218,230 Fax +1 503 224 9905 Tel. +47 52 85 66 90 113 E-mail [email protected] P.O. Box 215 -89,441 LONG BEACH / LOS ANGELES, USA 54,006 Tel. +45 39 29 55 33 Instalmenst on loeans etc 91,673 E-mail [email protected] ABERDEEN, SCOTLAND Fax +47 52 85 66 91 23 DK-9400 Noerresundby, Denmark -33,481 Inventories West Coast Ship Supply Fax +45 39 29 55 44 549,142 107 Strachans Ltd. E-mail [email protected] SINGAPORE Tel. +45 98 13 72 77Dividend paid 574,949 2835 Ana Street 19 E-mail [email protected] 39,617 http://www.wrist.com/ Instalment of non-current debt next year SAN FRANCISCO / OAKLAND, USA Greenwell Road East Tullos Wrist Far East (Singapore) Pte. Ltd. Fax +45 98 16 58 33 82,200 1,739 Rancho Dominguez, CA 90221, USA 7,545 Other cash flows from financing activities 14,322 0 West Coast Ship Supply Aberdeen AB12 3AX, Scotland MARSEILLE, FRANCE 24, Tuas West Road E-mail [email protected] -39,766 Trade receiveables Provisions Tel. +1 562 435 5245 GARRETS INTERNATIONAL A/S -87,312 3,532 384,155 Tel. +44 1224 897767 Cash flows from financing activities 1,467 379,303 1611 17th St. Wrist Europe (Marseille) SAS Singapore 638381 0 Receivables from group enterprises Debt to credit institutionsFax +1 562 599 4316 Stigsborgvej 60, -40,000 65,520 Oakland,27,612 CA 94607, USA Fax +44 1224 890121 Z.I. Eaux Blanches, Tel. +65 6318 0000 WRIST MARINE LOGISTICS, E-mail [email protected],273 DK-9400 Noerresundby, Denmark 257 Income tax receivable 73,811 Trade creditors Tel. +1 510 444 7200 E-mail [email protected] 1124, Avenue des Eaux Blanches Fax +65 6897 7340 COPENHAGEN Cash flow for the year 7,496 13,868 Tel. +45 72 19 00 91 -2,593 7,295 7,185 E-mail [email protected] Kanalholmen 1 108 Other receivables Debt to group enterprises Fax +45 98 64 84 05 -47,705 627,429 152,170 DK-2650 Hvidovre, Denmark 175,668 E-mail [email protected] Cash and cash equivalents at 1 January Prepayments 671,844 Corporate tax Tel. +45 99 31 84 00 3,886 Representative 53,912 6,122 Fax +45 98 14 21Currency 35 translation adjustments of cash and cash 54,673 Receivables Other payables GARRETS INTERNATIONAL LTD. 132,169 643,351 offices E-mail [email protected] 185,911 698,243 Stewards House 132,169 Deffered income Cash and cash equivalents at 31 December For Wrist Ship Supply Financial ASIA St. Edwards Court, London Road, 77,214 Cash and cash equivalents Total current liabilities -171 954,800 1,185,602 Representative Office Romford, Essex RM7 9QD, 282 1,075,984 1,254,133 Tel. +65 6318 0088 United Kingdom The cash flow statement cannot be derived from the published financial information only. 1,552,820 1,522,820 185,911 Total current assets 1,717,337 Total liabilities 1,717,337 Mobile +65 9677 5005 Tlf. +44 (0)1708 740 400 132,169 E-mail [email protected] Fax +44 (0)1708 768 444 Total assets Total equity and liabilities E-mail [email protected] Information: www.wrist.com/download/brochures/ wristbusinessreview2015_digital_ spread_low.pdf Source: http://www.wrist.com/

Rogers Street

To Port (Ocean Terminal)

Carolan Street

To Port (Garden City)

21,800 Vehichles Per Day

Kirkland Street

W. Bay Street

To Downtown

Pkwy Deloach Jimmy

GPA- Savannah Garden City International Terminal Airport Pooler

GPA- Ocean Terminal Bay St.

Downtown

Contact Us Mileage To > DANNY CHASE, SIOR 912 662 8012 To Downtown Savannah: ± 1 Mile SAVANNAH, GA To Georgia Ports (Ocean Terminal): ± 1 Mile [email protected] To I-16: ± 1.8 Miles To Georgia Ports (Garden City Terminal): ± 3.8 Miles COLLIERS INTERNATIONAL 545 E. York Street To the Savannah Airport: ± 7.1 Miles Savannah, GA 31401 To I-95: ± 8.7 Miles www.colliers.com

Colliers International, and certain of its subsidiaries, is an independently owned and operated business and a member firm of Colliers International Property Consultants, an affiliation of independent companies with over 502 offices throughout more than 67 countries worldwide. Information contained herein has been obtained from the owner of the property or other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.