Executive Summary

Avison Young North Carolina, LLC, as exclusive broker, is pleased to present the opportunity to acquire the Carolina Industrial Portfolio, a ±408,719 square foot portfolio consisting of three, mission-critical industrial assets located along the burgeoning I-85 Industrial Corridor in North Carolina. Fully leased at 100% occupancy with a 5.37 year WALT, the portfolio features a diverse tenant mix including manufacturing (35%), credit tenancy (45%) and distribution (20%), with prominent tenants such as Home Depot, Axjo and Marketing Results LTD.

All three assets are highly functional and well-maintained by institutional ownership, with landlord-friendly lease terms in place, minimizing capital exposure. Significant future upside remains through Mark-to-Market opportunities and potential asset repositioning upon lease expirations, as the average in-place rental rate ($5.42/SF) is approximately 19% below market average ($6.67/SF).

Strategically situated in three established North Carolina industrial markets—Winston-Salem, High Point, and Conover—the assets benefit from robust regional investment activity and unparalleled accessibility via major interstates I-85 and I-40, positioning them for continued growth in a high-performing industrial corridor. These markets are part of, or adjacent to, the NC Carolina Core, a rapidly expanding region that has attracted over $15.5B in capital investment since 2021, driven by automakers, technology companies, and life sciences firms.

Overall, this portfolio represents an exceptional opportunity to enter the dynamic, high-growth North Carolina market with stable cash flow, well-located and well-maintained assets, strong tenancy, and substantial future upside.