6100 HARRIS TECHNOLOGY 232,000 SF, CLASS A DISTRIBUTION FACILITY WITH SIGNIFICANT UPSIDE POTENTIAL BOULEVARD CHARLOTTE, THE INVESTMENT OPPORTUNITY 6100 HARRIS TECHNOLOGY BOULEVARD 232,000 SF, CLASS A LAST-MILE WAREHOUSE IN IRREPLACEABLE LOCATION | CHARLOTTE, NORTH CAROLINA

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a North Carolina licensed real estate broker (“HFF”) has been retained as the exclusive sales representative for 6100 Harris Technology Boulevard, a 232,000 square foot, 100% occupied Class A distribution warehouse located in an outstanding last-mile location within the flourishing Charlotte MSA. Featuring in-place rents that are up to 17% below market, 6100 Harris Technology provides investors with the ability to capitalize on an attractive value-add opportunity. Additionally, the facility is anchored by brand name INVESTMENT SUMMARY industrial tenant Iron Mountain (NYSE: IRM, $9.22B Market Cap) through 2025, which accounts for 72% of the facility’s square footage and features ADDRESS 6100 Harris Technology Blvd an outstanding 3.95% average annual rent escalation rate. As a result, Charlotte, NC 28269 investors are presented with the unique ability to buy into a core asset in RENTABLE BUILDING AREA Warehouse: 221,217 SF the high barriers-to-entry Charlotte industrial market while enjoying stable, Office: 10,783 SF (4.65%) long term cash flow on top of significant value-add opportunities. TOTAL: 232,000 SF Built in 1994, the institutionally owned and maintained property features PERCENT OCCUPIED 100% attractive tilt-wall construction, 24' clear heights and truck courts WEIGHTED AVERAGE 7.11 Years up to 170' with 50' concrete aprons. Additionally the facility is equipped REMAINING LEASE TERM with T-5 lighting, an ESFR Sprinkler system and a roof with more than ten TENANTS Iron Mountain (NYSE IRM; S&P BB-): 168,000 SF years of remaining warranty. 6100 Harris Technology is located along the explosive I-77 corridor within the 99% leased North industrial submarket, Saertex USA: 48,000 SF one of the largest, most institutional and well located submarkets in Laird Plastics: 16,000 SF Charlotte. Strategically positioned with excellent access to I-77, the property YEAR BUILT 1994 enjoys unmatched connectivity to a network of major transportation thoroughfares including I-485 and I-85 – the industrial backbone of the CLEAR HEIGHT 24' Southeast. This outstanding infill location offers tenants seamless access to SPRINKLER SYSTEM ESFR – the area’s largest commercial hub – and Lake Norman, which is one of Charlotte’s fastest-growing residential areas and premier IN-PLACE NOI $1,082,726 destination for local decision makers.

6100 HARRIS TECHNOLOGY BOULEVARD | 2 RARE OPPORTUNITY TO ACQUIRE CLASS A, LAST-MILE FACILITY IN HIGH BARRIERS-TO-ENTRY CHARLOTTE, NC

Opportunity to acquire a 100% leased core asset with significant upside in an irreplaceable infill location within the explosive Charlotte industrial market

Document storage giant, Iron Mountain (NYSE: IRM ; S&P BB-), occupies 72% of the facility through 2025 which provides credit- worthy long term cash flows, while the tenant’s average annual rent escalations of 3.95% provide an excellent source of additional yield

Currently servicing 95% of the Fortune 1000, Iron Mountain posted $3.5 billion in revenues in 2016 propelled by a 16.6% YOY increase in storage rental revenue

With rental rates up to 17% below market, investors have the ability to capitalize on an attractive value-add opportunity while a 7.11 WALT provides stable long-term cash flows

Demised into nine suites averaging approximately 25,750 square feet, the property’s small-suite multi-tenant capabilities allow the future landlord to potentially push rental rates above the $5.00 per square foot mark generating out-sized returns

61006100 HARRIS HARRIS TECHNOLOGY TECHNOLOGY BOULEVARD BOULEVARD | | 3 3 IRON MOUNTAIN LAIRD PLASTIC SAERTEX IRON MOUNTAIN 32,000 SF 16,000 SF 48,000 SF 136,000 SF

40'

40'

50' 50'

130' 170' 50'

130'

LE VARD GY BOU H NOLO IS TEC HARR

CLASS A INDUSTRIAL FACILITY

CLASS A INDUSTRIAL FACILITY WITH EXCELLENT MULTI-TENANT CAPABILITIES

Class A distribution facility built in 1994 featuring tilt-wall Front-load configuration with functionally demised suites concrete construction and attractive office glass lines allows excellent dock-door accessibility to all current and future tenants The property features truck court depths up to 170' with 50' concrete aprons, 24' clear heights, 34 dock-high Beautifully landscaped facility with attractive signage loading positions, an ESFR sprinkler system, and a roof all within the institutionally maintained Northwoods with over ten (10) years of remaining warranty Business Park

Facility features existing demising partitions, separate offices and restrooms and separately metered utilities, which allows for highly functional multi-tenant capabilities

6100 HARRIS TECHNOLOGY BOULEVARD | 4 CHARLOTTE DOUGLAS UPTOWN CHARLOTTE INTERNATIONAL AIRPORT 85 85

77

O L D

S T A 6100 HARRIS TECHNOLOGY T E S V I L 77 L E

R O A LAST-MILE, D 485 IRREPLACEABLE LOCATION WE ST WITHIN THE NORTH INDUSTRIAL SUBMARKET W .T . H A R R IS B Strategically located along , a North-South O U L artery providing excellent regional connectivity to I-485, E V A I-40 and I-85 – the industrial backbone of the Southeast R D

Positioned just nine miles from Uptown Charlotte, the property’s highly infill location allows tenants to reach the market’s epicenter of commercial activity within a ten (10) minute drive down I-77 Lake Norman 77 85 Positioned within seven (7) miles of nearly 300,000 residents and just two (2) exits south of the Lake Huntersville Norman area, which is one of Charlotte’s fastest Concord growing residential hubs as well as one of the heaviest 6100 HARRIS TECHNOLOGY concentration of decision makers in the region

Seamless access to (2.6 miles), Gastonia Charlotte’s outer beltline that connects employees to all corners of the Charlotte MSA including Charlotte 85 Douglas International Airport, which is 20 minutes from Charlotte Douglas CHARLOTTE the property International Airport 6100 Harris Technology is only 1.8 miles from the Northlake Mall, Northcrest and Perimeter Woods, which collectively make up the area’s premier mixed use 601 community offering over two million square feet of high- 485 end retail, dining and entertainment amenities alongside 77 940 luxury apartment units

6100 HARRIS TECHNOLOGY BOULEVARD | 5 TO HUNTERSVILLE- LAKE NORMAN

77 INGERSOLL RAND SCHLEICH 485 MICHELIN LOWES BRIDGESTONE ESTES EXPRESS LINE YELLOW TRANSPORTATION BIC JD NORTH AMERICA

COCA COLA HUSQVARNA FOREST & GARDEN HQ HUSQVARNA LABCORP IRON MOUNTAIN

WESCO DISTRIBUTION 6100 HARRIS TECHNOLOGY VOLVO AVIATION METALS BIC VIRGINIA AIR DISTRIBUTORS MOHAWK INDUSTRIES BIC POSITECH

EATON CORP BIC INCREDIBLY TIGHT IMPERIAL USA CHEP US FOODS ALTAQUIP INDUSTRIAL MARKET WITH FUNDAMENTALS FOR CONTINUED GROWTH ALSIDE 77 EMOTRANS Overall, the Charlotte industrial market is 94% occupied and has generated 3.7 million square feet of positive net 85 absorption over the past 12 months while rental rates have grown 11.8% since the beginning of 2015 TO UPTOWN CHARLOTTE Following four (4) consecutive quarters of occupancy greater than 95%, the North industrial submarket is currently 98.6% leased making it one of the tightest industrial submarkets in Charlotte

The North submarket has experienced 530,000 SF of positive net absorption over the last twelve months showing continued tenant demand for well-located industrial space

High occupancy and a limited amount of new industrial supply under construction along the I-77 corridor positions the submarket to continue fostering significant organic rental rate growth

As the Lake Norman area has evolved into one of the most desirable places to work and live in the Charlotte Region, brand name industrial users such as Lowe’s, Michelin, Ingersoll Rand, Husqvarna, Iron Mountain, US Foods, BIC and Bridgestone have migrated to the North submarket to take advantage of an educated labor pool, ample lifestyle amenities, and reduced travel times

61006100 HARRIS HARRIS TECHNOLOGY TECHNOLOGY BOULEVARD BOULEVARD | | 6 6 6100 HARRIS TECHNOLOGY BOULEVARD UPTOWN CHARLOTTE

AUTOZONE & 85 ANIXTER XPO LOGISTICS TIRES NOW INVESTMENT ADVISORS 85 ELECTROLUX XPO LAST MILE HITACHI US FOODS CHRIS NORVELL, SIOR ARAMARK Senior Managing Director 704.526.2818 EATON US FOODS [email protected] BIC BONDED LOGISTICS BIC WESCO DISTRIBUTION RYAN CLUTTER VOLVO POSITECH VIRGINIA AIR DISTRIBUTORS Senior Managing Director LABCORP CEFLA 704.526.2805 BRIDGESTONE [email protected] LOWES BIC HUSQVARNA PATRICK NALLY 6100 HARRIS Director TECHNOLOGY 919.573.4649 [email protected] YELLOW TRANSPORTATION HUSQVARNA FOREST ESTES EXPRESS LINE & GARDEN HQ ANALYSTS MIKE MASSARDO Real Estate Analyst 704.526.2816 [email protected]

VALERIE DERRICK 77 Real Estate Analyst 704.526.2837 [email protected]

FINANCING HOWARD BROOKS JR. Medalist Capital 919.459.2504 MICHELIN [email protected] INGERSOLL RAND ©2017 HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide SCHLEICH USA and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter at twitter.com/hff.

HFF has been engaged by the owner of the property to market it [them] for sale. Information concerning the property described herein has been obtained from sources other TO HUNTERSVILLE- than HFF, and neither Owner nor HFF, nor their respective equity holders, officers, employees and agents makes any LAKE NORMAN representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that 485 may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change. 6100 HARRIS TECHNOLOGY BOULEVARD | 7