South I-39 CORRIDOR CLASS A BULK INDUSTRIAL OFFERING. M ain. Driv e 14 KestrelPoint East Racine Street. Palmer West Delavan Drive

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1 Westard Lane adison Austin WestCourt treet tr eet M ain tr eet uth M artin uger Avenue I-39 COIDO CLA A BULK INDUTIAL OFFEING Driv e 14 KestrelPoint East acine treet W Palmer West Delavan Drive Bouchar illar Av West tate treet East Delavan Drive d enue d A Wolcott treet v enue County West Hanover Joliet treet ead euther igh H Conde treet Hayner W ay Kellogg Avenue ay J enue East Burbank Avenue Av eary er Center iv 11 Venture Drive p 20 East Avalon T r ac e y D Hay igh County County 51 Ariz 39 H igh ona ay r T e G ail W est 20 Beloit Avenue, erside H iv Driv Janesville, Wisconsin Available July 1, 2017 East Woodman app Class A Bulk Distribution Building 487,930 quare Feet For ale or Lease Premier I-39 Corridor orth Location Former John Deere Distribution Center olo N Expandable up to 1,100,000 F Divisible to 220,000 F 39 Elm Drive Afton y H BELOIT AVENUE

2 Chicago : 109 miles Madison : 40 miles Milaukee : 76 miles oute oute 39

3 The Property is ell-positioned to attract interest from a large and highly-credible corporate user audience. The pro-business environment, the abundance of labor and the interstate connectivity in the region has alloed the I-39 Corridor to effectively compete ith more prominent submarkets in and around Chicago. ecent industrial activity in the I-39 Corridor, specifically in Janesville, proves the market s vibrancy and groing corporate presence through the active pro-business decision making processes. everal buildto-suits and a handful of speculative projects have broken ground, hich further substantiate this recent industrial velocity. The Offering JLL is pleased to market for sale, the as- is, fee-simple interest in the I-39 Corridor Class A Value-Add Industrial Offering (the Property ) for $41 per square foot (a total consideration of $20 million). The Property consists of 487,930 square feet located in the I-39 Logistics Corridor industrial market ithin the Janesville, Wisconsin metro. The offering represents the opportunity to acquire a highly-functional distribution facility in one of Class A bulk Transaction ummary Address 20 Beloit Avenue, Janesville, WI quare Feet 487,930 ite ize Acres Tenancy ingle-tenant ubmarket I-39Corridor Lease $3.75 ale $20,000,000 the most vibrant and groing interstate corridors in the Midest. pecifically, Dollar General began construction on a one million square foot distribution facility, hich is the product of a cohesive, public-private partnership beteen the City of Janesville, Dollar General, ock County Development Alliance, Wisconsin Development Corporation, Wisconsin Department of Transportation and Alliant Energy. This is an excellent example of the pro-business environment that Janesville promotes and one hich the Property ill benefit from as an investor markets the leasing opportunity. iver Kellogg Avenue 11 Conde treet Center Avenue Drive 51 East Burbank Avenue 20 BELOIT AVENUE County Highay G ead 39 County Highay J 3

4 I-39 Corridor ubmarket ecent speculative developments (both proposed and underay) range from 100,000 to 300,000 square feet, and do not cater to bulk users looking for spaces greater than 400,00 square feet, isolating the subject Property as the premier existing Class A asset o There are no existing assets ith more than 400,000 square feet of contiguous availability ithin 50 miles of the Property, positioning the building at the forefront of all tenants in the market for bulk space The I-39 Corridor supports the same claim as Chicago hen referencing the ability to reach 50 percent of the United tates population ithin a day s drive o The I-39 Corridor links to six interstate highays, seven airports, six major rail lines and numerous barge ports along the Illinois iver o The I-39 Corridor has become increasingly popular in part due to the ability for users to avoid congestions surrounding the Chicago metro Notable corporate users in the I-39 Corridor include, Dollar General, Loe s, taples, 3M Corporation,FedEx,UP, Wal-Mart, Target and ConAgra, among others o The market has recently proven its liquidity in the capital markets through the sale of Pratt Industries recent sale leaseback in Beloit Debt-Free Offering The Property is offered free and clear of existing debt The stable interest rate environment ill allo investors to lock in competitive leverage and enhance returns Lenders ill be attracted to the remaining income from the existing lease, alloing them to seep the proceeds to create a reserve for the future carry-costs Tim Noonan, JLL eal Estate Investment Banking, has identified the most aggressive lenders (tim.noonan@am.jll. com or ) 4

5 oll Waunakee Middleton Monroe Verona NeGlarus WICONIN ILLINOI Madison Evansville un Prairie BELOIT AVENUE Beloit Nearby Distances Janesville Direction Location Freeport from Property Beloit, WI ockford ockford, IL Madison, WI North Kenosha, WI East Milaukee, WI East Chicago, IL Oregon east 39 Indianapolis, IN east Minneapolis, MN Northest Flagg t. Louis, MO Detriot, MI Dixon east terling 88 Cincinnati,OH east 408 Louisville,KY east 409 Columbus,OH east 468 Waterton Oconomooc FortAtkinson Whiteater andich Chemung Little ock Yorkville 43 Peaukee Wauatosa Waukesha WestAllis Ne Berlin Franklin Muskego Burlington Miles from Property 16 Belvidere CrystalLake Algonquin ycamore DeKalb aint Charles 400 North Aurora 12 ound Lake Beach Elgin Germanton McHenry Lake in the Hills Geneva Batavia Aurora Palatine Osego Bolingbrook 145 Brookfield Caledonia alem Antioch ProspectHeights Grayslake WoodDale Northlake Wheaton Beryn Naperville HickoryHills Beloit Avenue Property Description Milaukee Libertyville 94 Kenosha Waukegan MountProspect Lemont Worth MountPleasant HighlandPark Evanston Oak Park Chicago Cicero OakLan Lake Michigan EastChicago Property Description Address 20 Beloit Avenue City, tate Janesville, Wisconsin BuildingType Warehouse & Distribution Acres quare Feet 487,930 Office F 6,614 Year Built 2001 ConstructionType Concrete tilt-up prinkler Fully-sprinklered Clear Height Warehouse Lighting uspended & ecessed Flourescent & Incandescent Dock Doors 94 Drive-in Doors 4 Parking Abundant Poer 2500 Amps Truck Court Depth 135 oof Construction Metal oof Installed 2001 BuildingDimensions 576 x 817 Michigan City Benton Harbor Ne Buffalo MICHIAGAN INDIANA Ne Carlisle 5

6 JLL Industrial Capital Markets 8755 West Higgins 7 th Floor Chicago, Illinois Primary Contacts Todd Torok Managing Director Todd.Torok@am.jll.com Local Market Contact Dominic Carbonari Executive Vice President Dominic.Carbonari@am.jll.com Jon Packee Vice President Jon.Packee@am.jll.com Debt Market Contact Tim Noonan Managing Director Tim.Noonan@am.jll.com