EXECUTIVE SUMMARY:

Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire the Owens Corning Distribution Center (the “Property”), a 1,044,288-SF Class A distribution facility strategically located in Atlanta’s premier I-85 South corridor. The Property is fully leased to Owens Corning (S&P: BBB/Stable) and is located adjacent to a long-term Owens Corning-owned manufacturing facility, serving as a mission-critical southeast distribution center for all products coming from the plant. A tenant since 2012, Owens Corning’s in-place rent is 40% below current market rents, offering investors tremendous near-term upside and an investment basis substantially below replacement cost. Further, a new 60-mil TPO roof with a 20-year warranty was installed this year – as such investors will have minimal to no material capital expenditure requirements over their hold period.

With a highly-committed credit tenant, stable near-term cash flow, and the opportunity to reset rents quickly in the hold period, Owens Corning Distribution Center offers investors an ideal core-plus position in an irreplaceable infill location in one of Atlanta’s primary bulk corridors.