PROPOSAL FOR MARSHALL TRADE ENTER

PROPOSAL FOR

MARSHALL TRADE ENTER

BYHALIA, MS

855,568 SF

PREPARED BY

TODD BLANTON

VICE PRESIDENT

901 682 4694 (o)

[email protected]

UPS | MARSHALL TRADE CENTER | BYHALIA, MS

COVER LETTER

September 9, 2021

Mr. Darren Ross, SIOR

Senior Vice President

Colliers

1230 Peachtree Street NE,

Promenade, Suite 800

Atlanta, GA 30309

RE: Proposal for UPS

Darren,

On behalf of Hillwood, we would like to discuss our state-of-the-art distribution facility in Byhalia, MS. We sincerely

appreciate the opportunity to have a conversation about what makes our properties unique. We are confident that our

experience, expertise, and financial strength will result in a highly successful project for your client.

Included is a great deal of information within this proposal about our space and what we believe fits your client’s needs.

To assist you, we have provided a summary of the important terms of the deal in the Proposal Summary, as well as

Base Building and Tenant Improvement Specifications to help you understand the important aspects of the building we

are proposing.

To be clear, this proposal is merely an outline of the business terms by which Landlord agrees to lease space to Tenant

and Tenant agrees to lease space from Landlord. This proposal shall not be construed as an offer to lease and is not

binding between Landlord and Tenant. Only a fully executed lease by Landlord and Tenant shall be binding between

Landlord and Tenant.

It is always our goal at Hillwood to provide you with the best service possible. If there is anything, we can do to assist

you with your industrial real estate needs, please don’t hesitate to contact me at any time.

Regards,

Todd Blanton

Vice President


PROPOSAL SUMMARY

TENANT: United Parcel Service, Inc.

SIZE: 855,568 SF

COMMENCEMENT: Pending an executed lease by November 30, 2021, lease commencement to be December 1, 2022.

RENT SCHEDULE: For the One-Hundred Twenty-Three (123) month term, Base Rent will be triple-net and is structured as follows:

2.50% annual increases in base rent

OPERATING EXPENSES:

Estimated expenses are as follows:

* Assumes property tax abatement from Marshall County, MS.

**Includes property management fee equal to three percent (3%) of Base Rent.

TENANT IMPROVEMENT STRUCTURE:

In addition to the lighting, Landlord to provide a Tenant Improvement Allowance equal to $4.00 per square foot for mutually agreed upon Tenant Improvements.

Item Per SF / Per YearTaxes* $0.25

Insurance $0.06CAM** $0.26Total $0.57

Month Base Rent1-3 Abated Base Rent4-12 $3.97 PSF


PROPOSAL

Tenant RFP Landlord Response [insert date] Tenant United Parcel Service, Inc., an Ohio

corporation (NYSE: UPS). UPS is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

Agreed to Tenant entity, pending confirmation of state of registration.

Landlord/Ownership: Please identify the property/project’s ownership and capital source or partner.

Landlord is Marshall Trade Center, LLC a Delaware limited liability company. Project is a Joint Venture between Hillwood and a land partner. No existing mortgage lender, but Developer would obtain a construction loan through one of its various lender relationships.

Location Information: Premises: 10480 Marina Drive

Olive Branch, MS Hwy 302 & Barringer Road Marshall County, MS

Square Footage: Approximately 800,000 SF

Landlord proposes a 855,568 SF building. Please see enclosed Site Plan for more information.

Use: Warehousing, distribution, general office, and other legally permitted uses.

General warehousing and distribution, assembly, and offices are agreed to. Specific use to be confirmed and approved by governing municipalities.

Architectural Covenants:

a. Are there any restrictions, covenants and conditions that govern the park?

b. If so, please provide a copy.

No restrictions, covenants, or conditions currently exist. Landlord to work with Tenant to design building to meet Landlord’s standards.

Timing: Lease Commencement:

Lease Commencement – Please provide your earliest date for commencement.

Pending an executed lease by November 30, 2021, lease commencement to be December 1, 2022.

Term: Please propose a ten (10) year lease term.

Landlord proposes a 123 month lease term.

Rent Consideration(s): Base Rent: Please provide your proposed NNN

and/or Gross rent based on a standard tenant improvement package.

For the One-Hundred Twenty-Three (123) month term, Base Rent will be triple-net and is structured as follows:

Month Base Rent 1-3 Abated Base Rent 4-12 $3.97 PSF


PROPOSAL

2.50% annual increases in Base Rent

Rental Abatement: Please provide your proposed rental

abatement.

The proposed lease term includes three months of abated Base Rent.

Projected Operating Expenses:

Provide projected Property Taxes, fully assessed, Property Insurance, CAM charges and Management Fees. State any additional occupancy expenses or charges which will be the responsibility of the Tenant. Operating Expenses shall be capped at an increase no greater than two percent (2%) per year.

Building will be new, so expenses are estimated and may not be capped other than as described for “Controllable Expenses” below.

Expense estimates for the initial calendar year of the lease are as follows:

Item Per SF / Per Year Taxes* $0.25

Insurance $0.06 CAM** $0.26 Total $0.57

* Assumes standard property tax abatement from Marshall County, MS. **Includes property management fee equal to three percent (3%) of Base Rent. Tenant’s per-square-foot payments for controllable operating expenses during a calendar year will not increase by more than ten percent (10%) per year (compounded annually on a cumulative basis) above their respective actual amounts during the Base Year. For the purpose of computing this expense cap, (i) the “Base Year” is the first full calendar year of the lease term, and (ii) taxes, insurance, and utilities (gas, water and electric) are not considered “controllable operating expenses”. Controllable expenses are defined as all items other than Taxes, utilities, insurance (including commercially reasonable deductibles), snow removal, capital expenditures reasonably required to maintain the Building at a standard consistent with a Class A industrial building, the Management Fee, and assessments that are applicable to the Project under any declaration of covenants, restrictions, and/or easements.

Management Fee: Landlord to cap management fee at 1% of base rent.

Includes property management fee equal to three percent (3%) of Base Rent. Tenant to pay utilities for exterior of building directly to utility provider.

Space Considerations:

Conditions of Premises to be

Landlord shall deliver the Premises clean, free of debris in a broom swept condition with all mechanical, HVAC, plumbing,

Landlord to deliver the Premises and Base Building in good, working order. Building will be new.


PROPOSAL

provided by Landlord:

roof, sprinkler systems and electrical systems, lighting, restrooms, dock levelers, dock doors/dock packages, office areas, and truck court in good repair and operating condition.

• Landlord shall provide a warranty period of one (1) year for all systems and elements of the building commencing from the date the Lease commences.

• HVAC - As long as Tenant has maintained a regularly scheduled preventative maintenance contract with a service provider, Landlord shall be responsible for all capital repair or replacements.

Landlord shall deliver the Premises in compliance with all current building, fire, and life safety codes required by the municipality or any other governmental authority for the Base Building. At the time of Lease Commencement, the Premises shall be in compliance with all applicable laws, including ADA compliance.

Tenant will receive a minimum one-year warranty (from the date of substantial completion) on all new Base Building and Tenant Improvement construction. Some items (such as the roof and air-conditioning compressors) are warranted by third parties even longer than the one-year base-warranty period. For example, the building’s roof has a 15-year weather-tightness warranty. Tenant will receive the benefit of all warranties provided by labor and materials suppliers associated with new construction on the premises. Landlord and Tenant are responsible for repair and maintenance obligations as follows:

• Landlord is responsible for maintaining the structural integrity of the building’s foundation, exterior walls, columns, joists, and girders.

• Landlord is responsible for replacement, but not repair, of the roof system.

• Tenant is responsible for all other repair & maintenance items, including any building systems, HVAC systems (including capital repair and replacements), floor slab, parking lot, truck court, and driveways. Since the building is new, it is covered by a one-year warranty on all construction; Tenant will receive the benefit of this warranty.

Upon delivery to Tenant, the facility will comply with the requirements of ADA, TAS, and any applicable local codes, except for the Tenant-provided items described in the following paragraph. Tenant is responsible for providing certain consumable items (such as fire extinguishers) and for providing certain tenant-specific items, such as voice/data wiring, security systems, any required exit-path lighting or fire-alarm modifications associated with Tenant’s materials-storage or racking equipment, and re-keying the premises after completion of construction.

Year Built: Please state the year the building shell was original completed

Building will be new.

Tenant Improvement Allowance:

Please provide your proposed Tenant Improvement allowance for Tenant’s use for improvements not covered in this RFP.

Landlord to provide a Tenant Improvement Allowance equal to $4.00 per square foot for mutually agreed upon Tenant Improvements.

Dock Doors: Please provide your dock door & drive-in door counts that exist in facility.

See enclosed Site Plan. This building provides for the following:

• 182 dock doors


PROPOSAL

• 4 drive-in ramps

Warehouse

Lighting:

Tenant requires LED lighting with sensors. LED light fixtures to achieve twenty-five foot candles based on an open layout are included within the Tenant Improvements.

Clearance: Please provide the exact clear height.

36’ Clear Height past the first column line.

Warehouse Ventilation:

Please specify the number of air changes per hour that currently exists in the warehouse.

Louvers installed within the Base Building. Heating units may provide one-half (1/2) air change per hour. Roof mounted exhaust fans may be added to provide additional ventilation.

Power: Please provide detail on existing power loads.

480 volt, 3 phase service; capacity to suit within Tenant Improvement Allowance

Sprinkler: Please provide the existing sprinkler type and density.

ESFR K-22 fire sprinkler system at 52 psi with electric fire pump, 1 ½” hose valves per NFPA 13

Employee Parking: Please provide maximum auto parks allowed.

Please see attached Site Plan: 545 – auto parking spaces Additional land can provide for additional auto parking spaces. To be discussed further.

Truck/Trailer Parking: Please provide maximum trailer parks allowed.

Please see attached Site Plan: 168 – trailer parking spaces Additional land can provide for additional trailer parking spaces. To be discussed further.

Repairs/ Maintenance: Landlord to remain responsible for maintenance and replacement of roof, roof structure, floor slab, foundation, walls, sprinkler, below slab and below grade plumbing, parking lot and truck court. Tenant shall be responsible for the non-structural elements of the building during the Lease Term, less normal wear and tear.

Landlord and Tenant are responsible for repair and maintenance obligations as follows:

• Landlord is responsible for maintaining the structural integrity of the building’s foundation, exterior walls, columns, joists, and girders.

• Landlord is responsible for replacement, but not repair, of the roof system.

• Tenant is responsible for all other repair & maintenance items, including any building systems, HVAC systems (including capital repair and replacements), floor slab, parking lot, truck court, and driveways. Since the building is new, it is covered by a one-year warranty on all construction; Tenant will receive the benefit of this warranty.

Structural

and Latent Defects:

Landlord, at Landlord’s sole cost and expense, shall be one hundred percent (100%) responsible for the structural integrity of the roof, and roof membrane, floors, imbedded underground plumbing, foundation and walls in the building during

Landlord is responsible for maintaining the structural integrity of the building’s foundation, exterior walls, roof (not including the membrane), columns, joists, and girders.


PROPOSAL

the initial Lease Term, as well as any option periods, unless damage is caused by the negligence or misconduct of Tenant.

Representations/ Warranties:

Landlord represents and warrants that the premises will meet all applicable codes and that Tenant's use complies with current zoning affecting the property. Please describe the current existing zoning associated with your site and include a copy of the applicable portion of the zoning code with your proposal.

Upon delivery to Tenant, the facility will comply with the requirements of ADA, TAS, and any applicable local codes, except for the Tenant-provided items described in the following paragraph. Tenant is responsible for providing certain consumable items (such as fire extinguishers) and for providing certain tenant-specific items, such as voice/data wiring, security systems, any required exit-path lighting or fire-alarm modifications associated with Tenant’s materials-storage or racking equipment, and re-keying the premises after completion of construction. Current zoning is Industrial-1 (I-1). Zoning code is attached.

Signage: Landlord shall provide building mounted signage on the face of the building and monument sign on the street.

Tenant may install signage in the area above the storefront entry. Signage is subject to Landlord’s reasonable approval and must comply with Landlord’s signage specifications and with other applicable regulations. All signage will be at Tenant’s expense, but may be deducted from the Tenant Improvement Allowance provided herein.

Property Insurance: Tenant shall obtain and keep in force a commercial general liability insurance policy protecting Tenant and Landlord. Tenant, at Tenant’s option, shall have the right to self-insure.

Tenant shall be required to obtain, pay for, and maintain the following insurance on, or in connection with, the Premises:

• Insurance against all risk of physical loss or damage to the leasehold improvements, Tenant FF&E, inventory, and other property on the Premises as provided under “All Risk” form coverage.

• Commercial General Liability Insurance (“CGL”) against claims for injury, death, or property damage, in an amount not less than $1,000,000 per occurrence and $2,000,000 in general aggregate.

• Business automobile liability insurance • Workers’ compensation insurance • Umbrella or Excess liability • Tenant’s Business Income • Builder’s Risk (only during the initial

improvements, or substantial Tenant-initiated repairs or replacement periods)

• Other insurance as required Self-insurance to be discussed in more detail within the lease document.


PROPOSAL

Options:

Right of First Refusal: Landlord to grant Tenant an ongoing first right of refusal on any adjacent space. In addition, if Tenant exercises its right to occupy the adjacent space, then the additional space shall be considered part of the original lease at time of exercise and all terms shall apply, including rental rate.

Landlord is proposing entire building.

Option to Renew: Landlord shall grant Tenant two (2) five (5) year options to renew the original Lease Term commencing upon expiration of the prior term (“Option Term”). In order to exercise the option to extend, the Tenant must give written notice of its election to exercise such option to Landlord at least six (6) months prior to the expiration date of the original lease term. Base Rent during the Option to Renew shall be equal to 90% of the then prevailing Fair Market Value.

Tenant will have the option to renew the lease for two (2) additional terms of five (5) years each. The rental rate for the renewal terms will be at the then-prevailing market rental rate for comparable properties, but no lower than the Base Rent being paid at the time of the expiration of the initial term. Tenant must give Landlord written notice of its intent to renew no later than twelve (12) months prior to the expiration of the applicable lease term. The term “market rental rate” means the amount per rentable square foot that a willing tenant would pay, and that a willing landlord would accept for lease of comparable property, assuming an arm’s-length transaction in a free and open market, and giving appropriate consideration to the following factors:

• rental rates in comparable buildings • the nature of tenant’s business operations

within the lease space • tenant’s financial condition at the time the

market rental rate is determined • the economic and business terms of the

proposed lease (including, without limitation, the type of escalation clauses in the lease, the building’s operating expenses and real-property taxes, rental-abatement provisions in the lease, the length of proposed lease term, the size and location of the premises being leased, and the nature and cost of the proposed tenant improvements allowances, if any).

Additional Considerations:

Non-Disturbance Agreement:

Landlord's mortgagee shall provide Tenant with a Non-Disturbance Agreement in a form acceptable to Tenant.

Tenant will receive a Subordination and Non-Disturbance Agreement (“SNDA”) from any lenders associated with the property. A copy of the SNDA will be provided as an attachment to the lease agreement.

Right to Assign or Sublease:

Tenant shall have the right to assign this lease without Landlord’s consent: (a) to any subsidiary, parent or affiliate; (b) in the event of a sale or transfer of all or

Tenant will have the right to assign or sublease to an affiliate or successor, without Landlord’s prior consent, so long as resulting entity has an equal to or greater than financial condition as Tenant at the time


PROPOSAL

substantially all of the assets of Tenant; or in the event of a reorganization of Tenant; provided, however, that in any such event, Landlord’s liability hereunder shall continue. Any other assignment by Tenant shall be subject to the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed. Tenant shall have the right to sublet the premises with the consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the aforesaid, Tenant shall have the right to sublet a portion of the premises to fleet, commercial and insurance adjusters without the consent of Landlord.

of lease execution including, but not limited to Tangible Net Worth, Net Income, etc. Tenant will have the right to assign or sublease with Landlord’s prior consent, which will not be unreasonably withheld (except that Landlord’s consent will not be required for sublease to an affiliate).

Environmental Provision: Tenant will require the Landlord to warrant that it has and will continue to comply with all applicable environmental laws and regulations and that no notices, citations or other notifications, violations, and/or penalties of any environmental laws exist regarding to or pertaining to the premises. Landlord shall provide a favorable environmental audit of the property and, if none exists, will at its own expense cause one to be undertaken in advance of further consideration by Tenant.

Landlord will provide assurances to Tenant that the building and the land on which it is located are in compliance with all applicable environmental regulations and that there are no hazardous materials present on the property at the time of lease commencement. Thereafter, environmental compliance becomes a Tenant responsibility, unless Landlord causes contamination. A Phase 1 can be provided once business terms are agreed upon.

Security Deposit: Tenant shall not be required to pay a Security Deposit.

Agreed, assuming Tenant entity is parent entity as described above.

Confidentiality: Landlord and its agents shall keep the name of the proposed tenant, and the terms of this RFP and Landlord’s response, and any negotiations or agreements related thereto, strictly confidential unless mutually and specifically agreed to otherwise, and except as required to be disclosed to each party’s advisors, architects, legal counsel, and lenders.

Landlord agrees not discuss or communicate, verbally or in writing, anything relating to this potential transaction (except for communications that are normal and customary to Landlord’s pursuit of this type of project), unless given permission by Tenant to do so.

Lease: Landlord agrees to use the UPS lease. Landlord to review UPS lease, however, Landlord has multiple leases that have been signed with UPS within the last two years. Landlord to base lease off of those forms, specifically, the one from Airport Business Park, Building 3 in Smyrna, TN.

Commission: Market rate commissions per a separate commission agreement provided by Landlord.

Landlord acknowledges that Colliers International (“Broker”) is Tenant’s representative in this transaction. Landlord agrees to pay a commission to Broker in accordance with the terms of a separate


PROPOSAL

commission agreement between Landlord and Broker. Commission Agreement to be provided.

This proposal is merely an outline of the business terms by which Landlord agrees to lease space to Tenant and Tenant agrees to lease space from Landlord. This proposal shall not be construed as an offer to lease and is not binding between Landlord and Tenant. Only a fully executed lease by Landlord and Tenant shall be binding between Landlord and Tenant.


BASE BUILDING SPECIFICATIONS

Project: Marshall Trade Center

Project Location: Marshall County, MS

Building Area: 855,568 SF

Building Dimensions: Warehouse: 570’ deep x 1,512’ long

Clear Height: 36 feet minimum beyond loading bays

Column Spacing: 50’ deep x 54’ wide typical. 60’ deep staging bays. Columns painted 12’ high with safety yellow and primed gray to bottom of girder.

Fire Protection System: ESFR K-17 fire sprinkler system at 52 psi with electric fire pump, 1 ½” hose valves per NFPA 13

Fire Alarm: System monitored for tamper and flow.

Configuration: Cross-Dock

Automobile Parking: Five-Hundred Forty-Five (545) automobile parking spaces.

Trailer Parking: One-Hundred Sixty-Eight (168) trailer parking spaces.

Truck Court:

Truck Court: 185’ deep. Including trailer parking spaces.

Heavy duty asphalt at all high truck traffic areas (2” surface coarse, 3” base coarse, and 10” cement treated base), standard duty asphalt in employee parking (2.0” surface coarse, 6” cemented treated base) and minimum 7” thick, 3,500 psi compressive strength at 50’ truck court apron and 10’ dolly pad. Curb and gutter throughout truck courts.

Ingress/Egress designed as requested. See Site Plan.

Storm Drainage: Detention ponds onsite. Ponds located on the north and west sides of the site.

Building Floor Slab: 7” thick concrete typical in the entire building. Minimum averages of Ff50 & Fl35.

Interior Warehouse Walls: Interior warehouse walls are painted white.

Building Entrances: Glass storefront and entry feature at corner of the building

Electrical: 480 volt, 3 phase to the house tap can only. Utility company to determine capacity of transformer based on Tenant’s specific needs.

Exterior Lighting: LED walls packs, above all man doors

Warehouse Ventilation: Louvers designed and installed to accommodate one-half (1/2) air change per hourwith the addition of roof mounted exhaust fans.


BASE BUILDING SPECIFICATIONS

Warehouse Heating Natural gas supplied Cambridge heaters with electronic ignition and unit mounted thermostats to provide freeze protection at 50° F.

Truck Doors: One-Hundred Eighty-Two (182) 9’ x 10’ dock doors. Door tracks are protected by z-guards.

Drive-In Ramp Door: Four (4) concrete drive-in ramps with 12’ x 14’ doors protected with bollards.

Personnel Doors: Fireman access doors provided every 100’ per code.

Landscaping: Landscaping and irrigation installed per city requirements .

Roof:

45 Mil TPO single-ply white membrane, mechanically fastened with: • Slope ¼” per foot• R-20 over warehouse and R-25 over conditioned spaces• 15 year Manufacturer’s Warranty• Exterior gutter and recessed downspouts (no internal roof drainage except at entries)• Internal roof drains on corner entries at parapet wall locations.

Roof Structure: White metal deck supported by structural steel, conventional joist and girders.

Natural Illumination: 4’ x 8’ skylights in roof structure. Two (2) skylights in each dock door staging bay.

Foundations: Concrete spread footings

ADA: All improvements are designed and constructed per ADA accessibility guidelines.

Exclusions:

• Tenant’s telephone system and wiring• Interior racking equipment• Security system and wiring• Dumpster/trash control equipment• In-rack sprinklers• Hardware or hook-up of power for any equipment or conveyors• Requirements of Factory Mutual or other underwriter.


TENANT IMPROVEMENT SPECIFICATIONS

Project: Marshall Trade Center

Warehouse Lighting:LED light fixtures with motion sensors that provide for an average of twenty-fivefoot (25’) candles based on an open layout at 36” AFF.10’ electrical “whips” on each fixture.

Allowance: Landlord to provide a Tenant Improvement Allowance equal to $4.00 per square foot for mutually agreed upon Tenant Improvements.

Exclusions:

• Structural provisions for Tenant-installed mechanical equipment, solar panels,satellite dishes, antennae(s), etc. on roof or any other portion of the building.• Tenant’s telephone system and wiring• Interior racking equipment• Security system and wiring• Dumpster/trash control equipment• Generators• In-rack sprinklers• Hardware or hook-up of power for any equipment or conveyors• FM Compliance


SITE PLAN


MASTER PLAN


RENDERING


LOCATION


BUILDING EXCELLENCE

HILLWOOD

With more than three decades of development experience across an array of markets, Hillwood, a Perot Company, has

cultivated a range of expertise like no other real estate developer. Our innovative approach to master planning,

commercial and residential land development, property acquisition, and strategic partnerships have led to some of the

world’s most recognizable and distinguished projects, including the three most notable Alliance-brand projects in

Texas, California, and Florida.

Our office, industrial, and residential portfolios span 62 markets in 29 states and 6 countries, representing some of the

most successful endeavors within the industry. As a private company, we have a unique ability to establish a long-term

vision for the projects we undertake, enabling us to deliver highly desirable developments that reflect our commitment

to excellence and timeliness.

Focus

In addition to deep market knowledge and experience with intricate negotiations, Hillwood strives to build innovative

and flexible solutions for our customers, working to understand and satisfy their specific operational needs. Moreover,

we know how to integrate strategic corporate services, supply chain systems, amenities, and other services to support

those uses. Whether companies need assistance with site selection, land development, leasing, real estate investment,

build-to-suit, government relations, construction, or property management, we deliver strategic solutions and best-in-

class service.

HILLWOOD INDUSTRIAL / LOGISTICS

With more than 207.5 million square feet of industrial / logistics development, Hillwood is a leader in developing and

acquiring high-quality properties across the U.S., Canada, the U.K., and Europe. Combining proven real estate

expertise with the integrity and private entrepreneurship of the Perot Family, we offer the capital, resources and insight

to buy and build industrial properties that meet the logistics and distribution demands of evolving markets. From

acquisition and joint ventures to development and ongoing management, Hillwood delivers creative solutions for its

customers that address complex conditions. Applied consistently across all industrial product types and deal structures,

Hillwood’s proven approach delivers value to our partners, customers, team members, and communities.

• Industrial

• Logistics hub

• Airport and air facilities

• Intermodal facilities

• Office

• Single-family and multifamily residential

• Highrise hotel and residences

• Mixed-use

• Remediation and brownfield development

• LEED certification

• General sustainability


BUILDING EXCELLENCE

In more than 53 markets served from 19 offices globally, our portfolio spans all major categories of industrial real estate

in a variety of distribution centers, e-commerce facilities, last-mile logistics centers and freight terminals. As we expand,

we bring insight, reach, agility, and vision. Experience has given us a deep understanding of industrial and logistics

markets, informing how we tailor our approach and structure deals to ensure success. Our global network spans the

industrial development spectrum, enabling us to work with a gamut of public entities as well as a broad set of industry

partners. Our private ownership, profitable 30-year history and depth of capital allows us to move quickly, seizing

opportunities other investors may overlook or be slow to address. Adept at identifying long-term potential, our portfolio

is built with an eye toward meeting customers’ evolving needs and diverse investment strategy throughout economic

cycles.

This continuous experience and insight inform our creative and functional solutions for fulfillment, distribution, and

manufacturing customers.

Services

Our core competencies are acquisition, development, and partnership. We proactively identify and pursue functional

industrial logistics buildings and land in a range of investment sizes, from small to large, leased or vacant. From the

straightforward to physically and financially complex industrial projects, we develop high-quality fulfillment and

distribution facilities. We structure unique investment and development partnerships with public and private landowners

and developers in a range of industrial projects and markets.

• Large-scale land development

• Public and private partnerships

• Government relations

• Site selection

• Master planning

• Acquisitions

• Joint venture investments

• Leasing and sales

• Construction services

• Brownfield development, remediation, reuse

• Land management

• Property management

• Fund and asset management


HILLWOOD INDUSTRIAL / LOGISTICS ACTIVITY

74.2M SFdeveloped last 5 years

averaged 37 projects/year

13.0M SFunder construction

60.4M SFowned and managed

102.6M SFfuture development

207.5M SFacquired and developed

159.4M SF developed

48.1M SF acquired

25 STATES

5 COUNTRIES

INDUSTRIAL / LOGISTICS EXPERTISE

HILLWOOD’S OFFICES

25 U.S. STATES AND 5 COUNTRIES

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C A L G A R Y

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I N D I A N A P O L I S

M E M P H I S

L E H I G HV A L L E Y

O R L A N D O

J A C K S O N V I L L E

C H A R L E S T O N

S O U T H E R NI - 8 1 C O R R I D O R

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R E N O

L A SV E G A S

P H O E N I X

D A L L A S / F O R T W O R T H

A U S T I N

H O U S T O N

C H I C A G O C O L U M B U S

C I N C I N N A T I

R A L E I G H

A T L A N T A

N A S H V I L L E

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HILLWOOD RELATIONSHIPS

FACILITIES

COMMERCIAL GOODS

LOGISTICS

ECOMMERCE / TRANSPORTATION

RETAIL

CONSUMER GOODS / APPAREL


HILLWOOD RELATIONSHIPS

ELECTRONICS / TECH

FOOD

HEALTHCARE

MATERIALS

CONSTRUCTION / AUTO / EQUIPMENT


U.S. EAST-CENTRAL PROJECT TEAM

Kurt NelsonExecutive Vice President901 682 3914 (o)901 830 3652 (c)

Todd BlantonVice President 901 682 4694 (o)205 229 3457 (c)

Chris SewardVice President, Development 901 682 4920 (o)770 631 6650 (c)

Scott CampbellDevelopment Director901 800 5422 (o)901 340 8657 (c)

U.S. East Central Office6410 Poplar Avenue, Suite 385

Memphis, TN 38119

PROPOSAL FOR MARSHALL TRADE ENTER

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Transcript of PROPOSAL FOR MARSHALL TRADE ENTER