A KEY MULTI-PURPOSE REAL ESTATE OPPORTUNITY

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1 A KEY MULTI-PURPOSE REAL ESTATE OPPORTUNITY

2 WORLD-CLASS MULTI-PURPOSE BUSINESS PARK Beacon Lakes Industrial Park is a premier master-planned commercial development predominantly consisting of Class-A, institutional-grade logistics and distribution space. Located on the western edge of Airport West/Doral, Prologis Beacon Lakes features an excellent location, state-of-the-art design and construction and, best-in-class ownership. Prologis is a top-tier owner and developer with a proven focus on relationships and customer retention. Superior Highway Access Prologis Beacon Lakes offers transportation access via three major interstate highways (Florida's Turnpike, SR 836 and, SR 826) and major roadways ( Northwest 25th Street, Northwest 12th Street, Northwest 137th Avenue and Northwest 122nd Avenue). 11 Miles to Miami International Airport (Approximately 23 minutes) 30 Restaurants within 3.5 miles 18 Miles to the Port of Miami (Approximately 36 minutes) Labor Pool Excellent Labor Pool in the immediate vicinity as well as along the Turnpike corridor

3 FORWARD-THINKING DESIGN AND CONSTRUCTION Class-A Design Build-to-Suit Capabilities Aesthetic design with lush landscaping throughout the park Global development expertise for local solutions 32' and 36' clear height 54' x 50' column spacing with 60' speed bays Track record of delivering superior projects tailored to specific customer needs Build-to-suit offices that incorporate the latest research and design to enhance workplace experience Multi-disciplined team of Prologis specialists and third-party experts 185' deep truck courts Ability to deliver projects quickly Surplus trailer storage Land is shovel ready

4 MULTI-PURPOSE MASTER PLAN

5 Stats at a Glance BUILDING LAND 4.3 million square feet at completion 478 total acres 1.8 million square feet of existing distribution space Remaining acres for development Additional 2.5 million square feet of industrial space to be built Approximateley 80 acres of street frontage on Florida's Turnpike and SR 836 Plans for up to 495,000 square feet of retail with frontage on Florida's Turnpike and SR 836 Blank canvas for optimum design and operational functionality Build-to-suit opportunities

6 PROLOGIS LOCAL PARTNER TO GLOBAL TRADE Prologis is the global leader in industrial real estate. The company focuses on global and regional markets across the Americas, Europe and Asia, serving customers and investors as part of the global supply chain. Prologis operates as a publicly-traded real estate investment trust (REIT). Global Platform Active in 21 countries on four continents. Approximately 3,000 highquality facilities in locations that serve global trade and regional distribution. The company specializes in infill markets and develops logistics real estate typically near key seaports, airports and major highway interchanges. Operations Development A dedicated team of professionals with extensive local market knowledge and development expertise to meet complex logistics and distribution requirements. Customers include third-party logistics providers, transportation companies, retailers and manufacturers. Strategic Capital Focused exclusively on high-quality global and regional industrial logistics markets. Manages more than $29 billion in combined assets in 11 diverse funds and ventures covering a broad risk/return spectrum. Co-investments typically range from 15 to 55 percent. Corporate Responsibility Company approach encompasses environmental stewardship, social responsibility and ethics and governance. Committed to meeting or exceeding sustainable development standards worldwide. Promotes community engagement and excellence in interactions with colleagues and suppliers. Maintains trust and business integrity through corporate practices and standards. Prologis at a glance $52.8 billion in total assets under management $29.1 billion in Strategic Capital assets 590 million square feet (55 million square meters) owned, managed or under development 2,823 industrial properties across the Americas, Europe and Asia 9,808 acres of land (3,993 hectares) in key locations tied to regional distribution and global trade 4,700 customers across a diverse range of industries More than 1,450 colleagues serving customers and investors NYSE publicly-traded stock under the symbol PLD Member of the S&P 500 Named among the Global 100 Most Sustainable Corporations in the World for the seven years running PROLOGIS CURRENT HOLDINGS FOR MIAMI-DADE COUNTY AIRPORT WEST 1. Prologis Blue Lagoon 2. Prologis MIA Logistics Center 3. Prologis MIA Business Center 4. Prologis Beacon Center 5. Prologis International Corporate Park 6. Prologis Beacon Industrial Park 7. Prologis International Business Park 8. Prologis Beacon Lakes w/land MEDLEY 9. Prologis Palmetto Tradeport NORTH CENTRAL MIAMI-DADE 10. Prologis Tradeport I-75 Land 11. Prologis Gratigny Industrial Park

7 FULL OF POSSIBILITIES XP 836 E RESSW AY. 25 NW TH STR EET FLORIDA'S PROLOGIS BEACON LAKES TENANTS TURNPIKE

8 Palmetto Expy Palmetto Expy Palmetto Expy Beach PROLOGIS Sunrise Weston STATS AT A GLANCE Miami Lakes Palmetto Expy Aventura Airport Expy Dolphin Expy Dolphin Expy Brickell Don Schula Expy South Miami Direct access to 836 (Dolphin Expressway), Florida's Turnpike, and 826 (Palmetto Expressway) Professional and upscale appearance including attractive landscaping and signage +/-2,000,000 SF of existing Class A warehouse space 22,000 SF - 122,151 SF of Class A warehouse space available immediately Build-to-suit capabilities - Up to 1,000,000 SF Opportunity for LEED certified development Over 178 acres of land available for development Up to 2.9 million square feet of remaining industrial development 495,000 square feet of retail development For information on leasing, please contact: BRIAN SMITH (305) smith.brian@am.jll.com AUDLEY BOSCH (305) audley.bosch@am.jll.com MATT MACIAG (305) matt.maciag@am.jll.com SCOTT GREGORY (305) sgregory@prologis.com 2016 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.