100% LEASED CLASS A INDUSTRIAL FACILITY WITH 7 ACRES

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PORT OF BALTIMORECHESAPEAKE LOGISTICS CENTERBaltimore, MD100% LEASED CLASS A INDUSTRIAL FACILITY WITH 7 ACRES OF ADDITIONAL LAND

THE OFFERINGJones Lang LaSalle, Inc. (“JLL”), as exclusive representativefor the Owner, is pleased to present this offering for the saleof Chesapeake Logistics Center (the “Property”), a Class Aindustrial facility, totaling 190,000 square feet, plus 7 acresof paved parking area, in the heart of Baltimore. The Propertyis strategically located in one of the most accessible and highlysought-after locations in the greater Baltimore industrialmarket, with immediate proximity to I-895 (2 minute drive),offering incredible regional access to other major highwayssuch as I-95, I-97, and the Baltimore Beltway (I-695). TheProperty is just a 10-minute drive to downtown Baltimore and45-minute drive from Downtown Washington D.C., providingusers easy access to two of the largest population bases in theUnited States.The Property is 100% leased to 2 tenants with a combinedweighted average remaining lease term of 0.5 years.Additionally, there is approximately 7 acres of additional landadjacent to the property currently used for fleet parking, withadditional income attributed to the use. The near-term rolloveroffers near term cash flow, and an embedded mark-to-marketopportunity to increase both warehouse and parking rents,allowing investors immediate NOI growth potential.Chesapeake Logistics Center was constructed in 2004, andfeatures 30’ clear heights, 26 dock doors, 2 drive in doors,T-5 warehouse lighting, and 51 trailers stalls (excluding theadditional 7-acre lot). Accordingly, this investment offeringrepresents a coveted opportunity to acquire an institutionalquality industrial warehouse with supplemental lot revenue,in a core location proximate to major highways and the Portof Baltimore.2PROPERTY DESCRIPTION SUMMARYAddress1301 Chesapeake AvenueCity, StateBaltimore, MarylandAcreage20.82Square Feet190,000 SFYear Built2004Occupancy100.00%Clear Height30'Dock/Drive In Doors28Trailer Stalls51 (excluding trailer lot)Truck Court Depth125'Building Dimensions400' x 500'STREETCHILDS /-7 ACRE FENCED, PAVEDFLEET PARKING LOTSHELLROADEXECUTIVE SUMMARYRANDOM PRODUCTIONS, LLC

CHESAPEAKE LOGISTICS CENTERPORT COVINGTON14.1 MM SF MIXEDUSE DEVELOPMENTDOWNTOWN BALTIMORE10 MINUTE DRIVEINVESTMENT HIGHLIGHTS100% Leased, Class A Institutional QualityIndustrial FacilityMERCEDES BENZ PORTFIAT/CHRYSLER PORTSUPPLEMENTAL AWC FLEET PARKING (SAME TENANT AS 1301 CHESAPEAKE,NOT PART OF OFFERING)CHESAPEAKE AVENUERare /- 7 Acres Of Fenced, Paved Parking,Which Can Unlock Additional Value FromNear Term Parking Income Or Long TermFuture Industrial DevelopmentNear Term Embedded Mark-To-MarketUpside; In-Place Tenant Warehouse AndParking Rents Combined, Are Approximately27% Below MarketImmediate Proximity To The Port Of BaltimoreStrategic Industrial Location – IncredibleHighway & Airport (BWI) AccessAUTO WAREHOUSING, CO.(AWC)Located Within The Highly Sought After MidAtlantic MarketHighly Populated National/RegionalDistribution Hub With High Spending Power;Over 45 Million Households ReachableWithin 1 Day Drive33

L A FAYEIMMEDIATE PROXIMITY TO THE PORTOF BALTIMORE AND BWI AIRPORTD ECATURThe Port of Baltimore is one of the Country’s most efficient ports.Ports America has begun work on their 105.5 million developmentplan to modernize and increase capacity of the terminals. A second50-foot-deep container berth was completed in April and anadditional four cranes are set to be operation by the end of 2021.The Port of Baltimore ranks first in the nation for volume of auto andlight trucks.Chesapeake Logistics Center is situated approximately 2 miles awayfrom Fairfield Automobile Terminal/Masonville Marine Terminal.They are specialized public terminals designed for handling andprocessing light trucks, autos, and similar roll on/roll off cargo.The Masonville Marine Terminal (Fairfield) is currently operatedby Mercedes-Benz and Auto Warehousing Co (AWC), the tenantlocated both at 1301 Chesapeake Avenue and across the streeton the adjacent 7-acre parcel also used for fleet parking. The totalterminal area is 150 acres with 61 acres developed as an autoterminal. The terminals feature two berths, Pier 3 (1,175 ft. Depth– 49ft.) and Pier 4 (832 ft. Depth – 49 ft.)NORTH LOCUSTPOINT TERMINALSOUTH LOCUSTPOINT TERMINALST. L OUISSEAGIRT MARINETERMINALMASONVILLEMARINE TERMINALDUNDALK MARINETERMINALFAIRFIELD AUTOTERMINALCHESAPEAKE LOGISTICS CENTERCSXT COALPIERTHE PORT OF BALTIMORE HAS SEEN STEADY GROWTHIN THE VOLUME OF AUTO AND LIGHT TRUCKS. HEAVYINVESTMENT FROM PORTS AMERICA HAS SIGNIFICANTLYINCREASED THE CAPACITY OF THE TERMINALS.MOTIVATERMINALTRADEPOINT ATLANTICN A SHM EM PHISPort of BaltimoreAverage Monthly Volume of General Cargo Tonst amongAMONG1s1the THE NATION’S 1Astrecordamongsettingthenation'sportsfor VOLUME OF nation's11 milliportson tonsforofPORTS FORvolume of autos, lightcargowaslightvolumeofautos,AUTOS, LIGHT TRUCKS ROLLtrucks and ro/roprocessedin 2019trucksand ro/roST1,000,000900,000800,000ON/ROLL OFF700,000port genmTheportgeneratesmoreTONS OFThe portTheA recordsettinggenerates10.4MILLIION0 direction in jb1than1 mil1li5o,n00tonsthan 15,00b0illdirectof jobsGENERALWERE and 1income140was,000 jobsCARGOandandaare40,000 jobscargolinkedto inportactivitypersonaPROCESSEDIN 2020processed2019linked toinportactivTU PE L O600,000500,0001 amongthe setting1st among theA recordnation's1portsnation's ports for1 milliforon tons of300,000volume of autos,lightvolume of autos, lightcargowas98000204060 8 trucks10121416182 0 andprocessedro/ro in 2019192020202020202 0and ro/ro20202 0 trucks20st400,0004THE PORT GENERATES MOREThe portgeneratesmore 2.6A recordThe portsettinggenerates moreTheport generatesJOBS15,0b0il0liodirect11 mthanillio1nTHANof15,000jobs5tons,000 directn in businessjobs DIRECT than40,000 andcargowasand 1incomejobs 3are40,000140,000. 3 b i l l i onand 1ANDjobs are JOBS ARElinked into 2019port activityin portpersonalincomeprocessedlinked toactivityLINKED TO PORT ACTIVITYTHE PORT GENERATESThe port generates 2.6BILLIION IN BUSINESSbilli 2.6on in business 3.3 ANDbillion 3.3 BILLIONincomeandINCOMEin personal incomeIN PERSONAL INCOMEB I RM I

N E W YO R K2.8% POPULATION GROWTHPITTSBUR GHE T TEHAR RISBU RGHIGHLY SOUGHT AFTER MID-ATLANTICDISTRIBUTION LOCATIONCOL UMBU S1.6% POPULATION GROWTHP H I L A DE L P H I AINDI A N A PO L ISOver 45 Million Households Reachable Within 1 Day Drive3 0 0 MIL ESCIN C IN N AT I2 0 0 MIL ES10 0 M I L E S6695CH AR L ES TONB A LT I M O R ECHESAPEAKE LOGISTICS CENTER6.3% POPULATION GROWTHWA S H I N G T O N , D.C .L O UI SV IL L EL E XI N GT ON81LYN C HBURG64RICHMOND64NORFOLK9585H V ILLEKN OX VIL L EGRE EN SBORO4077R A L E I GH10.6% POPULATION GROWTHCHARLOT TE958.7% POPULATION GROWTHGR EE N VI L L EMOREHEAD CIT Y40WILMINGTONCO L U MB IAATL ANTAI NGHAM26MA CO N95CHARLESTON5

Jones Lang LaSalle Americas, Inc. or its state-licensed affiliate (“JLL”) has been engaged by the owner of the property to market it for sale. Information concerning the property described hereinhas been obtained from sources other than JLL, and neither Owner nor JLL, nor their respective equity holders, officers, directors, employees and agents makes any representations or warranties,express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information areapproximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteriadifferent from that used by a purchaser. JLL and owner disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct theirown independent investigation and rely on those results. The information contained herein is subject to change. The Property may be withdrawn without notice. If the recipient of this informationhas signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. 2019. Jones Lang LaSalle IP, Inc. All rights reserved.INVESTMENT SALES ADVISORYFINANCINGLEASINGANALYSTBILL PRUTTINGJAY WELLSCHLAGERROB CAREYBEN MEISELSJAKE GUTTMANSenior Managing DirectorManaging DirectorSenior DirectorExecutive Managing en.meisels@am.jll.comjake.guttman@am.jll.comCRAIG CHILDSJOHN HUGUENARDKEVIN BYRDTODD HUGHESDirectorSenior Managing DirectorAssociateExecutive Managing E STRASBURGSenior Managing Director202-533-2501bruce.strasburg@am.jll.com

point terminal dundalk marine terminal fairfield auto terminal masonville marine terminal motiva terminal csxt coal pier seagirt marine terminal south locust point terminal tradepoint atlantic 10.4 milliion tons of general cargo were processed in 2020 1st among the nation’s ports for vo

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