NNN Lease Structure| Fixed Annual Rental Escalations
- The Fabric8Labs lease is a NNN structure insulating the cash flows from property related expenses and providing a moat around the yields
- Additionally, the contract rent which extends through September 2031 is subject to 3% fixed annual rental rate increases
Mission Critical Manufacturing & Corporate HQ Offering
- The newly built-out two building campus houses advanced R&D operations as well Fabric8Labs “C” suite and key leadership team
- Tenant and Landlord plan to invest an estimated $2 million or more into operation specific building improvements for Fabric8Labs revolutionary, proprietary 3D printing technology
High Growth, Innovation Led Tenancy
- Fabric8Labs has innovated a groundbreaking new proprietary approach to economically 3D print, highly complex technology components. They have successfully closed $50 million Series B financing in Q1 2023 (NEA) around this new technology