±100 ACRE SITE 5.9 MILES TO THE PORT OF SAVANNAH

TRACT HWY 21/I-95 SAVANNAH, +/-100 EXCELLENT INTERSTATE ACRES 95 FOR DEVELOPMENT ACCESS ACCESS INTRODUCTION WHY SAVANNAH? JLL is pleased to offer for sale or Joint Venture Tract Hwy 21/I-95, located in Savannah, Georgia. Situated approximately 5.9 miles from the Garden • Largest Single Terminal Port in North America and the fastest growing port in the USA. Dramatic container volume shift from West Coast volumes City Terminal, Tract Hwy 21/I-95 is comprised of ±100 acres recently zoned light industial in Port Wentworth. to the East Coast due to the U.S.’ diversification strategy from China to other countries This is a rare opportunity to acquire a 100 acre site, zoned, entitled and ready for immediate development. • Garden City Terminal consists of 1,350 contiguous acres, making it the largest single terminal in North America JLL will solicit offers for the property. • In 2019, Savannah’s net absorption was 9.8 MSF, or roughly 12.5% of the total industrial inventory. Vacancy rates are critically low and require the development of more industrial product to keep up with demand. WHY TRACT HIGHWAY 21/I-95? • Large retailer presence for import centers, including Lowes, Home Depot, Dollar Tree, Target, among many others • Site of scale in a land constrained market • Ranked #1 Port in the U.S. for the Cost of Doing Business and Living • Proximity to Port terminal provides operating cost advantage in perpetuity • Savannah and the State of Georgia are business friendly, as evidenced by the State of Georgia being ranked as the #1 State to do Business for the • Limited availability of Port proximate sites 7th straight year by Site Selection Magazine • Park provides a variety of building sizes appealing to multiple industry types 52 ACRES • Savannah Port has balanced import & export flow, allowing for abundant continuous capacity, allowing for 20,000 empty container capacity PROPERTY HIGHLIGHTSPOTENTIAL • ±100 acres in Port Wentworth EXPANSION (Chatham & County), Georgia Port City CoDB 2018 Cost of COL Rank 2020 Q1 Cost of Port Rank CY2019 TEUs • An industrial park withDEVELOPMENT direct 5.9 mile access to Garden City Terminal via Georgia Highway 21 Doing Business Living • Highway 21 access and utilities available to site Index Index • Multiple access points to I-95 and I-16 via Georgia Highway 21 and I-95 (.5 miles) or Jimmy DeLoach Parkway (1.7 miles) Savannah 1 84 1 89.6 4 4,599,172 • Single site can accommodate 1.257 million square foot of warehouses Charleston 2 90 4 99.0 9 2,436,187 • Located in a Military Zone providing $3,500/new job to Georgia job tax credit for five years Houston 3 101 2 90.8 6 2,987,291 Port Everglades 4 102 5 113.0 10 1,033,461 • Delivered clear and rough graded with existing land disturbance permit in place Seattle/TAC 5 103 9 156.7 5 3,775,302 Los Angeles 6 107 6 146.6 1 9,337,634 Oakland 7 108 8 153.9 8 2,500,429 KEY FEATURES:New York/NJ 8 163 10 245.7 3 5,620,381 • 49’ ClearVirginia height 9 Unavailable 3 93.2 7 2,923,005 • 74 AcresLong of expansion:Beach 1,800 trailers10 or 3,500Unavailable autos or +/- 500,0007 square feet 146.6 2 7,632,036 • Less Developed Census Tract: $3,500/new job tax credit Sources: Savannah Economic Development Authority, AAPA, Council for Community and Economic Research = ACTIVE NORFOLK SOUTHERN • Active Norfolk Southern rail service RAIL SERVICE • Existing MHE and racking in place SITE PLAN KEY DISTANCES LOCATION OF EXT'G LIFT STATION LLC , . Georgia Ports Authority (Garden City Terminal): 5.9 miles LOCATION OF EXT'G 12" WATER MAIN Savannah/Hilton Head Intl Airport: 7.0 miles

HENDLEY ROAD IMPROVEMENTS TO BE : 0.5 miles COMPLETED AT DEVELOPERS EXPENSE via I-95: 9.5 miles · INTERSECTION IMPROVEMENTS AT HWY 21 · HENDLEY ROAD WIDENING I-16 via Jimmy Deloach Parkway: 11.5 miles · ACCEL/DECEL/TURN LANES 7 Mall Court (31406) P.O. Box 15179 (31416) Savannah, Georgia (912) 354-8400 319 Walnut Street Suite A Statesboro, Georgia 30458 Phone: (912) 225-3373 Consulting Engineers Land Surveyors Planners Architects Landscape Environmental Scientist · TRUCK TURNAROUND Kern & Co

PROPOSED WAREHOUSES 512,750 SF

GA HWY 21 356,400 SF STAMP: 179,800 SF 119,350 SF 94,500 SF TOTAL WAREHOUSE AREA: 1,262,800 SF

STAMP: TRACT HWY 21/I-95

ORIGINAL RELEASED FOR CONSTRUCTION DATE:

NO DATE REVISION

OHPL AND EASEMENT TO BE RELOCATED . COORDINATE WITH GA POWER.

HENDLEY ROAD FOR PLANS OF GREENLAND DEVELOPERS, INC. MONTIETH INDUSTRIAL DEV.

DRAWING TITLE:

SITE PLAN WATER-SEWER EXTENDED TO THIS LOCATION. SCALE: 1"=120'

FIRE HYDRANT PROVIDED PROJECT NO: 150110 AT THIS LOCATION. DATE: 6.30.20 DRAWN BY: CRZ

CHECKED BY: CRZ MONEITH ROAD NOT FOR CONSTRUCTION SHEET NO:

RELEASED FOR CONSTRUCTION

DATE: ______BY: ______C1 Tue, 30 Jun 2020 - 7:42am czittrouer DRAWING PATH: G:\2015\150110.000\dwg\150110_WAREHOUSE rendering 6.25.20.dwg 4 | Why Savannah 2019 | 5 Savannah: The Gateway to American Commerce 16-county labor draw with over Fortune 500 Geographical advantages companies, including GEOGRAPHICALIdeally located at the ADVANTAGEScrossroads of Gulfstream IdeallyI-16 and located I-95, Savannah’s at the crossroads location ofand Interstate 16 and Interstate 95, Savannah’s location and superior infrastructure has allowed the in labor pool citysuperior to become infrastructure a gateway has toallowed American commerce. Logistics30 Today 430K Fortune 500 companies using namedthe city Savannah to become “the a gateway most logistics-friendly to city in the nation” for Georgia’s business population with threeAmerican years commerce. in a row. Logistics Today climate ranked 396,822 MSA Georgia Ports, including Gulf Stream named Savannah “the most logistics 30 friendly city in the nation” three years Georgia’s business in a row. climate ranked annual visitors No.1for six straight years 14.1M

Chicago 95 Columbus for seven Cincinnati #1 St. Louis straight years Louisville of US Population can Kansas City 80% 396,822 MSA population with be reached within a Charlotte Nashville two day drive

95 Memphis annual visitors Huntsville 14.1M Birmingham 16 Savannah 16-county labor draw with over Dallas

95 430Kin labor pool MARKET PERSPECTIVE |EARLY Q1 2020

2019 HENRYTAX INCENTIVES COUNTY & GEORGIA NEW BUSINESSSavannah’s INCENTIVES OFFERINGSacancy ate EOYdrops 2019to 2.57% amid andemic Savannah’s Vacancy Rate drops to 2.57% amid Pandemic MARKET PERSPECTIVE |EARLY Q1 2020 In the face of I19, Savannah’s Industrial Market saw rates decrease to 2.57% in Q1 2020 from Clearing and Grading Underway at Tract Hwy 21/I-95 In the face of COVID-19, Savannah’s Industrial Market saw rates decreaseQ4 to 2.57%2019’s rates that8,249,602 came in at 3.80%. Further compression3.8% of viable availabilities under 300,000 SF Savannah’s acancy ate drops to 2.57% amid andemicin Q1 2020 from Q4 2019’s rates that came in at 3.80%. Further compressionhas made of the expansionAvailable of for existing lease (s.f.) Tenant’s and locationTotal vacancy of new ones more difficult as the majority viable availabilities under 300,000 SF has made the expansion of existingof Tenant’s the vacancy comprises two bulk spaces totaling 1.775M SF. In the face of I19, Savannah’s Industrial Market saw rates decrease toand 2.57% location in Q1 2020 of new from ones more difficult as the majority of the vacancy comprises Q4 2019’s rates that came in at 3.80%. Further compression of viable availabilitiestwo bulk under spaces 300,000 totaling SF +/-1.775M SF. has made the expansion of existing Tenant’s and location of new ones more difficult as the majority evelopers that have anticipated the anemic inventory levels have been busy securing land of the vacancy comprises two bulk spaces totaling 1.775M SF. Developers that have anticipated the anemic inventory levels have beenpositions. busy The next wave8,358,295 of speculative construction5,983,554 is underway with other projects to follow in securing land positions. The next wave of speculative construction is underway evelopers that have anticipated the anemic inventory levels have been busy securing land midlate summer. TheseDelivery developments (s.f.) will beUnder delivered construction in time to(s.f.) satisfy Savannah’s Industrial with other projects to follow in mid-late summer. These developments will be positions. The next wave of speculative construction is underway with other projects to follow in demand as T volumes are forecasted to return to pre I19 levels in Q1 and Q2 2021. midlate summer. These developments will be delivered in time to satisfy Savannah’sdelivered Industrial in time to satisfy Savannah’s Industrial demand as TEU volumes are demand as T volumes are forecasted to return to pre I19 levels in Q1forecasted and Q2 2021. to return to pre COVID-19 levels in Q1 and Q2 2021. ell healed developers believing in Savannah are taking this opportunity to reload their land Well healed developers believing in Savannah are taking this opportunity to 9,266,103 18,258,137 ell healed developers believing in Savannah are taking this opportunity to reload their land inventories for future2019 development.absorption (s.f.) Those thatDelivered are armed since with 2017 strong (s.f.) euity partners will get the inventories for future development. Those that are armed with strong euityreload partners their will land get the inventories for future development. Those that are armedattention with of landowners that are looking for surety of closing in these evolving times. Numbers pulled from a combination of JLL and Colliers data attention of landowners that are looking for surety of closing in these evolvingstrong times. equity partners will get the attentionNumbers of pulled landowners from a combination that of JLL andare Colliers looking data for surety of closing in these evolving times.

acancy, bsorption andeliveries ighlights ighlights acancy, bsorption andeliveries 2019 2018 2017 10,000,000 .00% 2019 2018 2017 10,000,000 .00% bsorption 9,79,80 4,499,901 5,450,75 8,000,000 5.00% 4.00% bsorption 9,79,80 4,499,901 5,450,75 5.00% nder onstruction 5,983,554 ,752,531 3,452,058 ,000,000 8,000,000 3.00% 4.00% eliveries 8,358,295 3,942,180 5,4,2 4,000,000 nder onstruction 5,983,554 ,752,531 3,452,058 2.00% ,000,000 acancy 4.1% 2.8% 1.% 2,000,000 3.00% 1.00% eliveries 8,358,295 3,942,180 5,4,2 4,000,000 0 0.00% 2.00% acancy 4.1% 2.8% 1.% Work scheduled to be completed at the end of August 2020. 2014 2015 201 2017 2018 2019 2,000,000 1.00% et bsorption eliveries acancy 0 0.00% 2014 2015 201 2017 2018 2019

et bsorption eliveries acancy

+

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