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Table of Contents

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Executive Summary

The Offering

Investment Highlights

Tenancy Overview

Map Locator and Directions

Property Overview

Property Information Table

Individual Property Overview

Aerials

Financials

Rent Rolls

Historical Expenses

In-Place Net Operating Income

Pro Forma NOI

Market Overview

South Florida Overview

Miami-Dade County Overview

Miami Industrial Overview

Submarket Overview

Shipping Industry Overview

Competitive Set

Comparable Sales