EXECUTIVE SUMMARY

Cushman and Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is pleased to offer 7499 East Paradise Lane (“the Property” or “the Project”), an exceptional opportunity to acquire a premier industrial data center asset located in Scottsdale, Arizona.

Built in 1999, the 98,555 SF building is 100% leased to 11:11 Systems, a managed infrastructure solutions provider, with 8.1 years of remaining lease term. 11:11 recently signed an 88-month renewal extension in February 2025, and they plan to invest addtional money into the property towards additional upgrades and enhancements, strengthening their operations and ensuring a long-term commitment to the building and the surrounding area. The Property currently features 11 MWs of power and has the ability to further increase its power capacity in the future, which is extremely rare for a building of this size and location.

The Project is strategically located along East Paradise Lane within the highly desirable Scottsdale Airpark industrial submarket - one of the highest barrier-to-entry and lowest vacancy submarkets in Metro Phoenix - and benefits from convenient access to the Loop 101 Freeway via both East Frank Lloyd Wright Blvd and North Scottsdale Road.

Scottsdale is one of the most difficult submarkets in the Phoenix Metro to buy land and build, primarily due to the scarcity of large, developable parcels and prohibitively high land costs. Additionally, the submarket poses extremely high barriers-to-entry for new industrial development driven by strict zoning laws and strenuous opposition from local residents and municipal authorities.