Centerpoint Carolinas Proposal by Foundry Commercial

ASSET SERVICES PROPOSAL

PRESENTED TO:

YOUR FOUNDRY TEAM

PG 4

THE OPPORTUNITY

PG 8

EXPERIENCE

PG 20

PROPERTY MANAGEMENT

PG 24

PROJECT MANAGEMENT

PG 36

CONTENTS

PG 42

ADDITIONAL RESOURCES

PG 52

CLOSING

PG 56

MARKETING

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

01. YOUR FOUNDR

RY TEAM

YOUR CENTERPOINT TEAM BROKERAGE

CA S E Y M U L H E R N SENIOR VICE PRESIDENT

P RO P E RT Y MANAGEMENT

D E V I N TA R A N T I N O R E A L E STAT E M A N AG E R

CLICK TO VIEW BIO

DAV I D H A N N A

B R I T T N E Y Z I M N OW S K I

PA R T N E R

A SS I STA N T R E A L E STAT E M A N AG E R

CLICK TO VIEW BIO

B E N R OW E L L

K AT E S H O RT

S E N I O R A SS O C I AT E

D I R E C TO R , B U I L D I N G M A N AG E M E N T

CLICK TO VIEW BIO

B R I A N C R AV E R , C C I M SENIOR VICE PRESIDENT

PROJECT MANAGEMENT

CLICK TO VIEW BIO

M I C H A E L CA I N WA R R E N S N OW D O N , S I O R PA R T N E R

S E N I O R D E V E LO P M E N T M A N AG E R CLICK TO VIEW BIO

CLICK TO VIEW BIO

C L AY C OY L E D E V E LO P M E N T M A N AG E R CLICK TO VIEW BIO

DAV I D K A F E L D I R E C TO R , P R O J E C T M A N AG E M E N T CLICK TO VIEW BIO

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

T LEADERSHIP

J O H N BA L L MARKET LEADER CLICK TO VIEW BIO

CA RY F R O N S T I N EXEC.VICE PRESIDENT OF B U I L D I N G M A N AG E M E N T CLICK TO VIEW BIO

MARKETING

ASHTIN HMIELEWSKI GRAPHIC DESIGNER CLICK TO VIEW BIO

K E L S E Y BA L L E S T E R O S M A R K E T I N G A SS O C I AT E

SERVICES

B R I T T N E Y L OV E I N D U ST R I A L S E R V I C E S

02. THE OPPORTU

UNITY

THE OPPORTUNITY 3560 STATEVIEW BLVD, FORT MILL, SC CLASS A INDUSTRIAL INFILL DEVELOPMENT OPPORTUNITY LARGEST INDUSTRIAL SUBMARKET IN CHARLOTTE CHARLOTTE’S FIRST SUBURBAN OFFICE TO INDUSTRIAL CONVERSION

BUILDING 1:

195,700 SF

STATEVIEW BLVD

REAR LOAD 32’ CLEAR 210’ DEEP 200’ DEEP SHARED TRUCK COURT

173,000 SF

90,000 SF

REAR LOAD 32’ CLEAR 180’ DEEP 200’ DEEP SHARED TRUCK COURT

RD FARM

BUILDING 3:

GHILL

REAR LOAD 32’ CLEAR 210’ BUILDING DEPTH 185’ DEEP TRUCK COURT 37 TRAILER PARKING SPOTS

SPRIN

BUILDING 2:

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

LVD B S IND

OW R A C

Y 77

BUILDING 1 195,700 SF

IL 173

,000 NG SF 2

BUILDING 3 90,000 SF

premium

ENTERING LEAVING CENTERPOINT

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

access

3560 stateview b

MLAS # of tenants

New (NNN)

tia (psf)

Annual Bumps

New

building 1

Four (4)

48K

$10.75

$13.00

4.00%

building 2

Four (4)

43K

$11.00

$13.00

4.00%

building 3

Three (3)

30K

$12.50

$15.00

4.00%

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

blvd

Free Rent

2.0

LEASECOMPS SUB-MARKET

PARK / ADDRESS

TENANT/BUYER

LANDLORD

TRANSACTION

North

CDC 3 2121 Distribution Cntr. Dr

Freshpoint

ProLogis

Renewal / Expansion 43,813

Airport West

3829 Revolution Park Dr

Trane

Link

New

15,293

Carolina Logistics Park 8B

TBD

Beacon Partners

New

29,750

Lincoln

Lincoln Commerce Center Building 3 000 NC Hwy 16 Denver, NC

Wanzl North America

Crow Holdings

New

98,076

Airport West

Airport South Logistics Park 6030 Airport Dr Building 300

Sherwin Williams

McCraney Property Co

New

18,811

Nevada II 2011 Nevada Blvd

Pacific Asiana LLC

Childress Klein

New

94,500

North

Crosspoint IV 2801 Hutchison-McDonald

Retail Sports Marketing

ProLogis

New

20,000

Iredell

NCCC Building 3000

SCP Distributors

LINK

New

40,760

Airport West

CLT Commerce Center 2150 Airport Flex Dr

Sky Chefs

Greenberg Gibbons New

33,678

Nevada I 2101 Nevada Blvd

Scilm America Inc

Childress Klein

New

24,000

Nevada I 2101 Nevada Blvd

ETAC / Ki Mobility

Childress Klein

New

24,000

TOTAL SF

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

RATE/ OFFICE SF NNN

ESCALATIONS

TI / SF

TERM (MOS)

FREE RENT (MOS)

SIGN DATE

CLR. HT.

GEN. OF SPACE

$10.50

4.00%

$0.50

Dec-23

24'

2nd

Rear

$13.10

4.00%

$4.50

Dec-23

20'

2nd

Rear

$10.85

4.00%

Dec-23

32'

1st

Rear

$11.70

3.50%

$30.00

126

Nov-23

32'

1st

Rear

1,444

$12.75

4.00%

$11.00

120

Nov-23

32'

1st

Rear

$9.75

4.00%

$6.00

Sep-23

30'

1st

Rear

$13.00

4.00%

$0.00

Sep-23

24'

2nd

Rear

$10.60

4.00%

$18.00

120

Aug-23

32'

1st

Rear

2,500

$13.00

4.00%

$14.85

Jul-23

18'

1st

Rear

2,000

$10.65

4.00%

$11.00

Mar-23

32'

1st

Rear

2,000

$11.55

4.00%

$14.00

Mar-23

32'

1st

Rear

CENTERPOINT CAROLINAS

COMPETITIVE SET LAKEMONT LOGISTICS CENTER LAKEMONT WEST I & II (2 BLDGS.) (8 BLDGS.)

LAKEMONT BUSINESS PARK 5 BLDGS.)

LAKEMONT EAST

NEVADA I, II, & III (3 BLDGS.)

Building Status

Existing

Existing & Under Construction

Existing

Under Construction

Submarket

York County

Southwest

York County

Southwest

Year Built

2019

1997-2000

1992-2024

2017

2023

Total Bldg. SF

142,089 - 149,730

56,008 - 163,707

104,000 - 217,606

201,788

48,000 - 177,000

Percent Leased

100%

89%

84%

100%

45%

Hartz Mountain

Childress Klein

Owner

LINK

Hartz Mountain

Growth Capital Partners Childress Klein GID Invesco

Clear Height

32'

24'

24' - 36'

32'

Building Depth

210' - 220'

200'

155' - 240'

280'

200' - 260'

Asking Rate

$9.95 / SF NNN

$9.00 - $10.00 / SF NNN

TICAM

$1.39 / SF

$1.70 / SF

Smallest Available Space

23,605

50,000

20,000

Direct Vacant Space

111,605

144,131

177,000

Direct Available Space

111,605

144,131

177,000

Max Building Cont. Space

88,000

144,131

177,000

Total Available Space (SF)

111,605

144,131

177,000

ESFR

Sprinkler

34,580

ESFR 18

ESFR

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

VE STATELINE 77

CREEKSIDE COMMERCE CENTER (4 BLDGS.)

BROOKWOOD BUSINESS PARK (9 BLDGS.)

Existing

Under Construction

York County

Southwest

Airport West

Southwest

2021

2020

1990-2018

2024

220,824

58,170 - 233,438

67,720 - 225,600

148,154 - 170,154

208,819 - 225,738

100%

11%

Rockefeller

ARES Management

Childress Klein

EastGroup Properties

Beacon Partners

32'

24' - 32'

20' - 30'

32'

260'

210' - 250'

165' - 250'

210' - 260'

180' - 240'

$9.50 - $10.00 / SF NNN

$10.25 - $11.25 / SF NNN

$1.59 / SF

$1.55 / SF

60,000

21,615

170,154

385,052

170,154

434,557

170,154

225,738

170,154

385,052

ESFR

108,160

ESFR

32,069

ESFR

10,800

ESFR

SKYWAY LOGISTICS (2 BLDGS.)

CAROLINA LOGISTICS PARK (2 BLDGS.)

03. EXPERIENCE

OUR EXPERIENCE C L I E N T S S E RV E D THEIR EXTENSIVE KNOWLEDGE OF THE MARKET HAS BEEN AN INVALUABLE RESOURCE The Foundry Industrial team has been a great partner for us. Their extensive knowledge of the market has been an invaluable resource, and they are constantly striving to show us the deals that best fit our strategy. Of course, they bring the highest level of professionalism, and provide quick and honest feedback to all of our questions, no matter how small. As we expand our portfolio in Charlotte, we look forward to growing our successful relationship with Foundry.” JASON LEVINE PARTNER, CAPRIDGE

THEY HAVEN’T MISSED A BEAT From day 1 of our partnership, the Foundry team has gone above and beyond managing all facets of our Westpark Phase II project. From securing Amazon on the lease front in record time (2 month lease negotiation on a 567K SF deal) and overseeing complicated build out specifications for Amazon, they haven’t missed a beat. Further, they just overexceed our expectations when we brought over 15 potential fund investors to tour the Amazon building last month (March 2022). The lengths they went to organize, set up, and impress these investors (and principal) went a long way back at our shop. We are so grateful for our relationship with Foundry.” BRENDA WADLE MANAGING DIRECTOR, PRINCIPAL

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

WESTPARK 85

OVERLOOK 85

TYPE: CLASS A MULTI-TENANT CLIENT: PRINCIPAL/FOUNDRY COMMERCIAL LOCATION: CHARLOTTE, NC SIZE: 1,027,320 SF - THREE BUILDINGS

TYPE: CLASS A INDUSTRIAL CLIENT: HUDSON CAPIRAL / MATRIX LOCATION: KANNAPOLIS,NC SIZE: 4 MM SF FULL BUILDOUT

CLT LOGISTICS TYPE: CLASS A MULTI-TENANT CLIENT: THE MERITEX CO. LOCATION: CHARLOTTE, NC SIZE: 797,606 SF - FOURTEEN BUILDINGS

THE PARK HUNTERSVILLE TYPE: CLASS A SINGLE-TENANT CLIENT: EDGEWATER VENTURES / ALIDADE CAPITAL LOCATION: HUNTERSVILLE, NC SIZE: 168,000 SF

IVC INDUSTRIAL PORTFOLIO

1858 KANNAPOLIS PARKWAY

TYPE: CLASS A MANUFACTURING & DISTRIBUTION CLIENT: INVESTCORP AND DALFEN LOCATION: CHARLOTTE MSA SIZE: 1,936,344 SF - TEN BUILDINGS

TYPE: CLASS A SINGLE-TENANT CLIENT: PEGH INVESTMENTS LOCATION: KANNAPOLIS, NC SIZE: 300,000 SF

LOGISTICS 77 AT RIVERWALK

BRYTON COMMERCE CENTER

TYPE: CLASS A MULTI-TENANT CLIENT: MCCRANEY PROPERTY LOCATION: ROCK HILL, SC SIZE: 507,000 SF

TYPE: CLASS A MULTI-TENANT CLIENT: PRUDENTIAL/ FOUNDRY COMMERCIAL LOCATION: HUNTERSVILLE,NC SIZE: 720,000 SF - SIX BUILDINGS

215 $235M 5MSF+ Deals Done 2021 & 2022

In Transactions Closed in 2021 & 2022

Of Product Controlled

LANDLORD REPRESENTATION

04. PROPERTY M

MANAGEMENT

MIAMI CENTRAL COMMONS

CARRIE MEEK INTERNATIONAL

MIAMI, FL

2,400,000 SF

934 , 470 S F

C L A R I O N PA R T N E R S

ARA

Amazon Delivery drivers come to this site from all parts of the country and only have a small window where they can access the site. It is crucial as a Property Manager of this facility that the parking areas, roadways, security gates and outside break areas are always functioning properly so goods can be delivered timely.

Miami Central Commons is considered a Foreign Trade Zone where goods are shipped in from all parts of the world and immediately shipped back out. With over 100 Tenants and the operationally intensive nature of the free trade zone, the site contains a policve station as well as an administrative office which provides U.S. Customs services.

INDUSTRIAL MANAGEMENT WESTPARK85

BRYTON COMMERCE CENTER

CHARLOT TE, NC

566,000 SF

73 6 , 423 S F

P R I N C I PA L R E A L E STAT E I N V E STO R S

PGIM REAL ESTATE

Foundry built out a 566K SF Amazon space at unprecedented speed to meet their last mile delivery demands. Challenges, as expected,were working through the layers of people and process, in addition to understanding how the final end product will look and function. They looked to project management and property management to execute small projects within their space and billback to them. Through this process, Foundry gained insight into their internal process including accounting, personnel needs and facility management.

Bryton Commerce Center is a two phase development consisting of 736,423 SF in six buildings located in Huntersville, NC. Developed by Foundry and Prudential, Phase 1 was developed in 2019 and is 100% leased. Phase 2 was developed in 2023 and is 51% leased with the balance of the development currently negotiating leases.

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

MANAGEMENT CLIENT SNAPSHOT

INDUSTRIAL ASSETS MANAGED CITY

SQUARE FEET

ATLANTA

2,676,282

CHARLOTTE

2,693,201

JACKSONVILLE

21,000

ORLANDO

1,804,382

NASHVILLE

1,517,404

RALEIGH

5,781,897

SOUTH FLORIDA

6,188,593

TAMPA

434,034

TOTAL

21,116,793 SF

FOUNDRY HAS THE EXTENSIVE KNOWLEDGE TO UNDERSTAND THE VARIOUS RESPONSIBILITIES AND DUTIES O FWTEH EWP I OL AL . BRING THAT EXPERIENCE TO CENTERPOINT T H E E N T I R E F O U N D R Y T E A M I S E N G A G E D , C O M M U N I C AT I V E A N D HAS HIT THE GROUND RUNNING. We are excited to partner with Foundry on leasing and management services in the Carolinas. From day one, we were impressed with their thoughtfulness, creativity and true understanding of what makes retail “click” in 2022. Their team has extensive relationships ranging from tenant to design firms, all aiding in bringing the property vision to life. The entire Foundry team is engaged, communicative and has hit the ground running. We are so pleased to be working with such passionate and overall, wonderful individuals. JAIME KELLY SENIOR DIRECTOR, INVESCO

71 PROPERTY MANAGERS

BU I L DI N G ENGINEERS

AC CO UN TAN TS

P ROJ E C T MA N A G E RS

Our partnerships are the key to every success. We provide outstanding customer service. We have tenacious and experienced real estate managers.

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

PROPERTY MANAGEMENT Foundry Commercial believes that property management is critical to the success of commercial real estate asset strategies. While we have technical operational and risk management expertise, we believe the management team can make a difference in the marketing and overall success of Faropoint. The Foundry team is comprised of experienced real estate managers, project managers, property accountants, building engineers, and a support team. We can customize and cater the type of services for each of our clients, dependent on the specific goals and objectives for the asset. Our focus is vendor management, physical plant operations, financial reporting, tenant relations and project management.

implement systematic on-boarding processes to ensure smooth transitions and this systematic approach continues through the monthly reporting cycle. Our real estate managers work hand in hand with our clients and the property team to increase the value of our client's properties. Foundry Commercial utilizes best in class vendors and utilizes established preferred vendor relationships to leverage services as an extension of both the real estate manager and the owner. We are regional in scale to provide a strong infrastructure to support services, while also having the local expertise to excel in all of the services to provide our clients. Distributed leadership across all markets provides senior-level relationships and market expertise in multiple geographic markets.

Our team approach ensures that all facets of the property are addressed. Process is at our core. We

5,000

365

$2M

TO TA L LEASES M ANAGED

CLIENT FINANCIAL R E P O RT S P E R MO N T H

T E N A N T R E VE N U E E VE R Y B U S I N E S S DA Y

PR EFERR E D VEN DO RS • Foundry Commercial monitors, anticipates and executes ongoing maintenance programs • Ensures curb appeal, tenant & customer satisfaction • Maximizes the life of existing improvements • Foundry Commercial utilizes established preferred vendor relationships • Leverages services as an extension of both the real estate manager and owner • Elevates the level of responsiveness and deliverables on the property • Vendors assist in planning future repairs, replacements and long-term capital projects • All contracts are bid annually to ensure competitive pricing and required scope of services

S E RV ICES/RF P P RO CE SS • Exterior Landscaping • Glass Maintenance & Repair • Waste Management • Pond Maintenance • Exterior Pest Control • Pressure Washing • Parking Lot Maintenance and Replacement • Site Lighting Repairs and Replacement • Water Tank Treatment • Fence Maintenance and Replacement • Roof Maintenance and Replacement • Parking Lot Stripping • Dock Door Leveling Repair

CO 30

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

E N G IN E E R IN G S E R VIC E S Foundry Commercial has 60+ Building Engineers specializing in proactive and preventative maintenance in our managed buildings. The team utilizes a state of the art preventative maintenance system designed to maximize effectiveness and length of life of capital equipment. The teams are also supervised by Senior Chief Engineers who focus on leadership, physical plant specification, warranty administration, energy management, sustainability and equipment efficiency.

E N E R G Y & S U S TA IN A B IL ITY S E R VIC E S Foundry Commercial has an exceptional track record of managing and transitioning assets to achieve many levels of LEED certification and green initiatives. We believe in a strategic and comprehensive process alongside Crosland Southeast and Nuveen to explore their long-term goals and an implementation plan to achieve them.

E ME R G E N C Y R E S P O N S E • The Foundry Commercial after hours live emergency operation center • Operates 24 hours a day, 7 days per week • Calls are directed toward the best resource for the asset • Callers have access to the Foundry Commercial property management team in its entirety • Leadership will immediately follow up with the Asset Manager with a detailed report

ONE OF FOUNDRY’S MOST IMPORTANT GUIDING PRINCIPALS IS THAT OF

OLLABORATION

VE N DO R C O N TR A C TS We review our vendor contracts annually and, in most cases, perform an RFP with complete bid leveling and strategic recommendations. We do work with our vendors to take advantage of scale. As a few examples: Roofing: We performed a company wide RFP for several roofs in different geographies in order to obtain preferred and leveraged pricing for our clients. Security, Janitorial & Tax Advisory: We have worked primarily with a single carrier through numerous RFPs and the service scale we have packaged allows for us to drive higher service levels and improved pricing. Insurance: We have worked with our providers to create property insurance programs that in some cases provide our clients with leveraged pricing when they do not have their own programs.

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

SAMPLE TRANSITION ACTION PLAN

P ROPERTY MA N A G E ME N T P A RTN E R S Everything matters when attracting and keeping quality tenants. The property management team and their vendor partners can make a monumental difference in the welcoming and warmth of a building. From the moment a tenant or guest comes onto the property, we believe that our team goes to work. Critical to a successful industrial project is vendor awareness and cooperation across the board. A biweekly meeting will be held with all the account managers for each critical service to ensure smooth operations.

MANAGEMENT TOOLS TRANSITION CHECKLIST

PROJECT SUMMARY PROPERTY UPDATE REPORT

S E R V I C E C O N T R A C T T E M P L AT E FOUNDRY COMMERCIAL SERVICE AGREEMENT Initials

Initials

FOUNDRY COMMERCIAL SERVICE AGREEMENT

☐ ______ A combination therefore described in detail in Exhibit A. Initials 5. Materials. Contractor (this shall “Agreement”) submit to Owner’s Agentbya and detailed list ofthe all Contractor hazardous materials or any THIS COMMERCIAL SERVICE AGREEMENT is created between and materials 1which are required to be listed on an “Industry Material Safety Data Sheet” prior to the Owner set forth in Paragraph below. commencement of the Services described in Exhibit A. 1. Definitions. The terms below shall have the following meaning for purposes of this Agreement and any 6. attached Nondisclosure. In the event that, during the Term and in connection with a party’s performance of its Exhibit hereto. obligations hereunder, either party shall receive information concerning the other party hereto or the a. “Contractor” means ________________________________________ Services to be performed under this Agreement which the receiving partylocated knows, or at has reason to __________________________________. believe, is confidential or proprietary to the party to whom such information relates, the party receiving such information shall take all reasonable steps to (a) protect and hold such information in b. “Effective Date” and means the date on which to thethird last parties of the Owner or Contractor execute this a duty of confidence prevent its disclosure unless such third parties are under Agreement. confidentiality to the party to which such information relates; and (b) restrict its use to those purposes consented to in writing by the party to whom such information relates; provided, however, that the c. “Manager” means Foundry Commercial located at __________________________________. party receiving such information shall not be required to protect or hold in confidence any information or which (i) is or becomes available to the public without the fault of the receiving party, (ii) is d. “Owner”data ____________________________ located at _________________________________. independently developed by the receiving party, (iii) is disclosed to the receiving party by a third party known to theorreceiving party not Foundry to be under any duty LLC of confidentiality the party to whom such e. “Owner’s Agent” “Foundry” means Commercial, located at 420toSouth Orange relates FL with respect to such information; or (iv) except as may otherwise be required by Ave., information Suite 400, Orlando, 32801. law. f. “Property” means ______________________________ located at ______________________. 7. Mutual Cooperation. Owner, Owner’s Agent, and Contractor will provide each other with information g. “Services” & “Fees” shall mean the services to andinvestigate, fees described on Exhibit A attached and assistance reasonably necessary defend or prosecute anyhereto. claims, suits, charges, including but not limited to equal employment opportunity, workers compensation, insurance and i. In case of conflict between body of this Agreement and A, the main body of similar claims brought by or main against parties hereto relating toExhibit their businesses. This provision shall the contract shall prevail. survive termination of this Agreement.

ONBOARDING CHECKLIST 03

All exhibits must include reference to contract and the of both parties. Governing Law. The validity, enforceability and number performance of initials this Agreement shall be governed by and construed in accordance with the laws of the State of Florida. “Term” shall have the meaning set forth in Paragraph 18.

9. Severability. If any provision of this Agreement, or the application therefore to any person, place or Services. Owner herby employs Contractor to furnish, on the terms and conditions set forth in this circumstance, shall be held by a court of competent jurisdiction to be void, invalid or unenforceable, Agreement, all labor, materials, tools, supplies, equipment, transportation, services, supervision and the remainder of this Agreement and such provisions as applied to other persons, places or administration necessary or incidental for the Contractor to provide Services described in Exhibit A. circumstances shall remain in full force and effect. Safety. Contractor shall be responsible for initiating, maintaining and supervising all safety precautions 10. Assignment. Contractor shall not, without the prior written consent of Owner or Owner’s Agent, assign and programs to prevent injury to workers on the site and any other persons who may be affected by or subcontract the whole or any part of its interest or obligations under this Agreement. Contractor’s performance. Contractor shall comply with O.S.H.A. Regulations. Contractor’s employees shall 11. be instructed on the personal measures to take in the event of antoemergency. Successor and Assigns. This Agreement shall inure the benefit of and be binding upon the respective successors and assigns of the parties hereto, provided that this Agreement may not be Schedule. Contractor shall submit a written schedule to the Owner’s Agent for approval prior to assigned by either of the parties hereto without the prior written consent of the other. commencing the Services. The hours of operation for this Property are Monday through Friday, 8:00 a.m. to 5:00 p.m. Eastern Standard Time. These hours are considering “Working Hours.” The work described in Exhibit A of this agreement are to be performed: ☐ ______ During Working Hours

P a g e |2

☐ _____ After Working Hours

Assigned To

Commencement Date

MANAGEMENT

N/A

Date Completed

TRANSITION CHECKLIST

8. ii. h.

Leasing/Marketing Information

Standard lease form—current Variant lease form(s)—current Assigned Commencement Construction To Date Subleases Construction agreement forms Assignments Landlord/tenant workschedule specifications Assigned Commencement Current rent N/A Building (Property) Information To Date BuildingBase permits developed tenant(usable improvements (copies or feet) rentfor perallsquare foot basis or rentable square Mailing originals) address Escalation basis Legal description Approved vendors CPI Architectural information Company, contactpercentage name, phone number Periodic increase “As is” drawings/floor Certificates of plans insurance Other Floor-by-floor (stack) drawings showing current leased (and Other construction information Pro rata basis vacant) space configuration and dimensions Utilities Square foot measurements of units/building(s)—architect certified Taxes Construction blueprints Other operating expenses Remodeling/rehabilitation/renovation Contracts Common area costs drawings and blueprints OtherEngineering Outstanding lease negotiations BuildingJanitorial permits for any ongoing construction services Rental application form(s)—current ParkingElevator facilitiesmaintenance Develop marketing plan Number andservice type of stalls HVAC Review previous plan Ratio ofPreventive stalls to rentable area (per 1,000 square feet) maintenance schedule Review prior budget Compliance with local parking ordinances Fire extinguisher Market surveys—current data Commercial Property Provision for Comparable handicap access Landscaping services properties—current data Hours ofExternal operation Management Account Current advertising programs/materials Rates, ifInternal applicable Newspaper ads Transition Checklist Form OtherExterior finish cleaning Brochures Utilities Concrete (electricity, gas,promotional water) (sidewalks, steam cleaning Other materials garage) Number ofmaintenance meters and locations Sign Develop tenant information package Property/Building Name _____________________________________________________________________________ Submeters SecurityList of current vacancies Special tenant services Fire/security alarm monitoring Leasing agreements (commission arrangements, etc.) Street Address ____________________________________________________________________________________BillingWaste historydisposal Broker services (contact names, phone numbers) ArrangeRecycling, for changeover of billing if applicable City/State/Zip Code _________________________________________________________________________________ Current pass-through distribution of charges Answering service—emergency OtherEmergency generator Telephone Number _________________________________________________________________________________ Telephone lines/service Leased equipment Legal/Regulatory Compliance Status—See also Permits Number of lines/location of jacksregulations Office equipment service/repairs Review applicable PhoneParking/garage line/personnel Obtain assignments prior reports/citations for violations Extra Pest linescontrol for fax/computer modems Determine current compliance requirements that apply Number of Floors/Units______________________________________________________________________________ Obtain list of current approved vendors (for each) Window washing Correct any existing noncompliance Company and phone Othername contracted service Americans withnumber Disabilities Act (ADA) Square Footage____________________________________________________________________________________Contact name Review current practices Emergency 24-hour phone number Establish policies and procedures for compliance Employer ID orTrain social security number Employees (Site) Number of Employees ______________ Checklist Completed by ___________________________________________ Date ______________ personnel Current contracts/subcontracts Verify EEO complianceregulations Environmental BillingDevelop history and document actions to correct noncompliance Clean Air Act (CAA) accounts payable Establish policies and procedures for ongoing compliance Owner’s Legal Name _______________________________________________________________________________Pending Specific permit requirements Insurance certificates—current Obtain current personnel Permit postingrecords requirements Conduct full of the property—See W-4inspection formsReview Mailing Address ___________________________________________________________________________________ current practices Inspections Conduct physical site facilities, equipment, I-9 formsinventory Establishofpolicies and procedures forand compliance personal property Job applications/resumes Clean Water Act (CWA) City/State/Zip Code _________________________________________________________________________________ Elevators Payroll deduction(s) Specific permit requirements Permit posting requirements Telephone Number _________________________________________________________________________________NumberJob descriptions Type Most recent performance evaluations Review current practices Timing Review current employee benefits Establish policies and procedures for compliance E-mail____________________________________________________________________________________________ HVAC system MedicalResource insuranceConservation and Recovery Act (RCRA) Type Dental insurance Specific permit requirements Date of Management Agreement ______________________________________________________________________Age Obtain supply of claim forms Commercial Property Management Account Take-Over Checklist Form Control system Page 6 of 10 Responsibility for maintenance (tenant or landlord) Other systems

P a g e |1

Tax Identification Number ____________________________________________________________________________

Commercial Property Management Account Take-Over Checklist Form Page 4 of 10

Other Billing Information: Commercial Property Management Account Take-Over Checklist Form Page 3 of 10

FOUNDRY COMMERCIAL 17

300 WEST SUMMIT LEASING & PROPERTY MANAGEMENT

Commercial Property Management Account Take-Over Checklist Form Page 1 of 10

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

T SAFETY MANAGEMENT All real estate managers and building engineers are required to complete monthly safety training modules through the J. J. Keller Management Suite. Additionally they will have the opportunity for online webinars and additional training modules for related building safety training.

SAFETY PLAN Create custom safety plans tailored to the unique needs of your organization. TRAINING Access hundreds of award-winning training programs and thousands of customizable training resources. INCIDENT CENTER Proactively manage OSHA recordkeeping requirements and gather results for analysis and reporting. E X P E RT H E L P Ask our experts an unlimited number of compliance questions in a secure, private environment. AUDITS & INSPECTIONS Easily assess risk and performance across your organization with access to a robust assortment of pre- built inspection checklists.

05. PROJECT MA

ANAGEMENT

P M

OVERVIEW Thinking and planning construction for your business is a daunting task. It is typically one of the most costly and risky challenges your company will ever go through. We want to remove that burden so you can focus on your day-to-day business needs. We can take your project from conception to completion while keeping your goals front of mind and finding savings along the way to make your dollar stretch further. Time is money in this world, so we will make sure to finish your project on time and on budget. We understand communication is key, which is why we update you every step of the way so you will have peace of mind.

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

PROject MANAGEMENT CA P A B IL ITIES »

Builds a team: architecture, engineering, contractor

Protects tenant’s interests

Protects owner’s interests

Acts as risk mitigation during construction

Manages scope, schedule and budget

Oversees projects through design process & construction

Facilitation of commissioning process from design to occupancy

Owner-occupied development

Full build to suit, tenant improvement and development services

Capital improvements and base building infrastructure

Project team composition, design firm and general contractor selection and oversight

Soft refits, renovation, structural and concrete restoration

Master schedule and master budget development and management

Property condition assessment and permit tracking and expediting

LEED consulting

BU DG E T C O N TRO L METHO DS »

Resource planning

Cost estimating

Cost budgeting

Cost control

C O MMU N IC A TIO N & R E P O RTIN G ME TH O DS »

Project Team communications

Performance reporting

Administrative closure

RE P O RTIN G T O O L S All Foundry budgets, schedules, periodic reports, project logs, and file/information sharing sites are created by Foundry with a high level of adaptability, tailored to each client and recipient. Cloud based file sharing such as Microsoft Teams, OneDrive and Dropbox are utilized so clients have all the project resources at their fingertips.

SAMPLE BUDGET & REPORT

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

SAMPLE SCHEDULES

PROPERT Y UPDATE REPORT

SAMPLE BUDGET

06. MARKETING

marketing is our thing. Marketing is a core competency of Foundry that we live and breathe everyday. We will leverage our passion, experience and award winning capabilities to differentiate these projects in the market to achieve your investment goals and objectives. We believe everytthing we do in our prospecting efforts needs to tell a story. Our in-house graphic designers, creative staff, and leasing team work closely with our clients to ensure the brand, logo and vision for the brand will be carried through all we do.

p h a s e 1 CREATE COLLATERAL » »

Produce in-house marketing brochure Create signage that includes rendering and site plan

p h a s e 2 GO LIVE » »

Blast project via Constant Contact, CoStar, Catalyst, LoopNet and Foundry Website Conduct tour, then review conclusions and reduce list

p h a s e 3 GROUND BREAKING » »

Onsite groundbreaking with principals, select attendees, and the media Push social media campaign announcing current activity

p h a s e 4 DRIP CAMPAIGN » » » »

Create unique collateral/broker incentives to continue excitement about the project Increase in person lunches and outings with broker and users Time lapse photography of construction weekly Continue electronic eblasts and social engagement

p h a s e 5 PROJECT DELIVERY » » » »

Broker event on site following delivery Professional photography including 360 videos, drone and stills 3D Tours & Marketing Video Continue electronic eblasts, social and meetings

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

. Constant Contact Eblast

Listing on Foundry Website

±280, 4 6 0 S F FO R L E AS E

SO U T H RI D G E 85

SOUTHRIDGE 85

LinkedIn Social Post

150 SOUTHRIDGE PARKWAY BESSEMER CITY, NC 28016 PROPERTY FEATURES

±280,460 SF FOR LEASE

Marketing Flyer

ADDRESS

150 Southridge Parkway

AVAILABLE

±280,460 SF

OFFICE SF

BTS

DOCK DOORS

SPRINKLER SYSTEM

52 (9’ x 10’)

ESFR

ZONING

BC (Business Campus/Production)

FLOOR THICKNESS

7”

CLEAR HEIGHT

36’

TRUCK COURT DEPTH

190’

BUILDING DIMENSIONS

280’ x 1000’

ROOF

TPO (White), Insulation R-19.2, 20 YR Warranty

COLUMN SPACING

50’ x 55’ with 60’ Loading Bay

ELECTRICAL

2,000 AMP

CAR PARKING

244

TRAILER PARKING

CL ASS A M ANUFACTURING DISTRIBUTION2 (14’ x 16’) DRIVE-IN /DOORS

FOR MORE INFORMATION, PLEASE CONTACT:

DAV ID HA NNA | 704.405.3862

WA R R E N S NOW DON, S IOR | 704.705.3852

Senior Vice President David.Hanna@foundrycommercial.com

Managing Director, Principal Warren.Snowdon@foundrycommercial.com

Licensed Real Estate Broker

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

foundrycommercial.com

the standard

branding Timeline 03

2 WEEKS

STAGE THREE LOGO DEVELOPMENT

Choose one to three logos and begin developing the basic brand elements.

01 STAGE ONE BRAINSTORMING

Discuss positioning, competitors, demographics, target tenants and naming exercise.

02 STAGE TWO MOOD BOARDS

Use brainstorming results to create mood boards for the brand extension.

2 WEEK

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

2 WEEKS

05 STAGE FIVE COLLATERAL CREATION

Collateral (custom brochures, signs, eblasts) designed and approved.

ON-GOING

STAGE FOUR BRAND IDENTITY

Final logo chosen and creation of brand identity & guidelines.

STAGE SIX ROLL-OUT BRAND

Collateral shared, signs installed, and email announcement.

DELIVERABLES

• • • •

BRAND

COLLATERAL

IDENTITY

INCLUDES

Final Logo Primary & Secondary Logo Color Palette Style Elements

• Brochure & Eblast • Property Signage • Leasing Signage • Brand Swag

LAUNCH C AS E S T U DY OVERLOOK 85

C L I C K TO V I E W L A N D I N G PAG E

LOGO SKETCHING

AT KANNAPOLIS CROSSING 48

AT KANNAPOLIS CROSSING AT KANNAPOLIS CROSSING

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

THE VIBE clean and modern bold with a twist fresh and unique industrial with a new take

AT KANNAPOLIS CROSSING

LAUNCH C AS E S T U DY V I C T O RY C R O SS I N G

CLICK TO TAKE A 3D TOUR

LOGO SKETCHING

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

THE VIBE sharp & bold grounded visual energy cutting edge

C L I C K TO WATC H M A R K E T I N G V I D E O

07. ADDITIONAL

L RESOURCES

ADDITIONAL RESOURCES

I N C E N T I VE S N E G O T I A T I O N & LOCATION STRATEGY Maxis Advisors, a Foundry Commercial Company, provides experience and expertise to directly increase project return on investment and profitability for capital investment and jobcreating projects.

CLICK FOR MORE INFO

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

REAL ESTATE SOLUTIONS An enterprise approach to maximize real estate operations and cost control.

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DEBT & STRUCTURED FINANCE Specializing in the origination and execution of debt and equity for all asset types across the risk spectrum.

DEBT & STRUCTURED FINANCE BROCHURE

CLICK HERE TO VIEW BROCHURE

I N VE S T M E N T S A L E S & C A P I T A L MARKETS Our team executes transactions with efficiency by bringing a sophisticated, quantitative, and qualitative approach to Capital Markets Investments. What makes us unique is our ability to remain nimble while providing full service asset services to financial institutions and institutional investors.

CLICK FOR MORE INFO

08. CLOSING AND

D FEES

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

FEE STRUCTURE LEASING FEES N E W L E A S E S / E X PA N S I O N S :

4% of aggregate lease value over the term direct 6% of aggregate lease value over the term with co-broker L E A S E R E N E WA L :

3% of aggregate lease value over the term direct 4% of aggregate lease value over the term with co-broker PAY M E N T S C H E D U L E :

Commission to be paid one-half (1/2) at lease execution and one-half (1/2) at lease commencement date Renewal commissions to be paid 100% at execution

MANAGEMENT FEE The monthly management fees while managing office building $500 per month, no management fee during development and $2K minimum for the first 12 months of the industrial asset 3% fee which includes an asset management fee of 1%

C E N T E R P O I N T C A R O L I N AS | F O U N D RY C O M M E R C I A L

CASEY MULHERN 704.705.1182 CASEY.MULHERN@FOUNDRYCOMMERCIAL.COM

DAVID HANNA 704.607.9675 DAVI D.H A N N A @ F O U N D RYC O M M E RC IA L . C O M

BEN ROWELL 704.319.5080 BE N.R OW E L L @ F O U N D RYC O M M E RC IA L . C O M