188 Purdy RoadColborne (Cramahe), Ontario

Lennard Commercial Realty, Brokerage60 Columbia Way, Suite 201, Markham, ON L3R 0C9

High Yield Industrial Investment

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Executive SummaryLennard Commercial Realty, on an exclusive basis, is pleased to present the opportunity to acquire 188 Purdy Road, Cramahe, Ontario (the “Building” or “Property”). Located just over 30 minutes to the Greater Toronto Area (GTA), the Property consist of a high quality 65,000 SF warehousing facility on approximately 14 acres of land. The facility is mission critical to the Tenant and was built in 2008 to modern specifications with Highway 401 exposure. The Property is currently leased Anixter Power Solutions Canada (the “Tenant”), a subsidiary of Anixter International Inc, a publicly traded company with a market capitalization of approximately $3.0 billion USD. Anixter International Inc is currently being acquired by WESCO International which will have a combined pro forma revenue of $17 billion USD.

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Executive Summary

Highly Profitable Location

188 Purdy Road is a critical location for the Tenant. The location allows the company to service parts of Eastern Ontario, Central Ontario and also provides efficient access to the USA border. The Tenant utilizes the excess serviced land which is expensive and scarce as you move closer to the GTA. As per discussions with Anixter representatives, approximately 80% of the Canadian Power Solutions business is conducted in Ontario and serviced from this facility.

Net Lease with Strong Renewal Probability

The lease is structured on a Net lease, allowing for a non-management intensive ownership. The tenant has 3 x 3 year renewal options at market rates, no less than what was achieved in the previous term. Given the mission criticality of the facility for Anixter, there is a high probability of renewal.

High Yielding Cash Flow from Quality Tenant

The lease provides a stable and robust cash flow from a multi-billion dollar corporation. Additionally, the tenant has indicated interest in an early long-term renewal.

High Quality Facility with Excess Land

The facility was built for the Tenant in 2008 and constructed in order to maximize efficiency for warehousing. With LED lighting, ample shipping doors and 28’ – 32’ clear heights, the Building possesses elements that are desirable to modern era logistic providers. Situated on 14 acres of Highway 401 exposed land, the Property allows for ample outside storage and future expansion opportunities.

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BUILDING INFORMATIONPROPERTY ADDRESS: 188 Purdy Road

CITY: Colborne / Cramahe

ASSET TYPE: Industrial

TENANT:Anixter Power Solutions Canada

TOTAL BUILDING SIZE: 65,000 SF

CLEAR HEIGHT: 28' - 32'

SHIPPING: 8 TL, 2 DI

LAND ACRE: 14 Acres

REMAINING LEASE TERM 3.5 Years

RENEWAL PROBABILITY High

NOIAvailable upon execution of CA

PROPERTY HIGHLIGHTS• Well maintained, fully serviced facility that was constructed in 2008

• Efficient configuration, suitable for a variety of warehousing, distribution or

manufacturing uses

• Clear heights ranging from 28 feet to 32 feet at the center of the facility

• Approximately 8 acres of excess land, allowing for outdoor storage or future

facility expansions

• LED lighting upgrades throughout the facility, reducing energy consumption

• Mission Critical facility with approximately 80% of the Canadian Power

Solutions segment being serviced from 188 Purdy Road

Asset Overview

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Building OverviewBuilt in 2008 specifically for the Tenant (previously HD Supply prior to being acquired by Anixter), 188 Purdy Road showcases modern era construction on a large site. The facility was constructed to maximize warehousing and distribution efficiencies and productivity, leading to 28’ – 32’ clear heights, 8 truck level doors and 2 drive in doors. The property is situated on approximately 14 acres of land with a coverage ratio of only 10%. The 8 acres of excess land is currently being utilized for outdoor storage and can accommodate future facility expansions.

The Property is located in a serviced industrial park directly off Highway 401, with exposure onto the highway that carries over 36,000 vehicles past the facility each day. The lack of serviced land and existing functional distribution assets in the region makes it difficult and expensive for tenants to relocate without disrupting their supply chain and distribution network. With the facility consisting of 65,000 SF of traditional distribution space and the ability to further expand, the Property appeals to a broad range of small to large sized users and tenants.

Asset Overview

Highway 401

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Property OverviewLOCATION HIGHLIGHTS

• Located in Cramahe (Colborne), Ontario approximately 30 minutes

east of the GTA

• Highway 401 exposure

• Efficient access to Highway 401, with the Percy Street interchange

just 2 minutes away

• Facility strategically located to service the Ontario market

• Proximity to the Canada/USA allows for cross-border efficiencies

GTA

65 km | 30 min

Montreal

404 km | 4 hr

Ottawa

312 km | 2.5 hr

Syracuse, NY

329 km | 3 hr

DISTANCES TO MAJOR MARKETS

Colborne to Toronto... Just over a 1 hour drive

Colborne, ON

*Sales Representative ** BrokerStatements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2020

Andrew MeanchoffPartner* | Sales RepresentativeD:905.917.2030 ameanchoff@lennard.com

Lennard Commercial Realty Ltd. Brokerage201 – 60 Columbia WayMarkham, ON L3R 0C9905.752.2220www.lennard.com

Jay FinchVice President** | Capital MarketsD:905.917.2037jfinch@lennard.com

Jim McIntoshSenior Vice President* | Investment SaleD:905.917.2036 jimmcintosh@lennard.com