AI BRIEF

BROKER CONFIRMEDUpdated June 18, 2026

EXECUTIVE DEAL ORIENTATION

Harbor Point Commerce Center

A multi-tenant infill industrial campus with current income, near-term owner/user availability, and a source-supported path to improve occupancy and operating efficiency.

PROPERTY TYPEIndustrial / Flex

BUILDING AREA212,640 SF

SITE AREA17.4 AC

OCCUPANCY72%

ASKING PRICE$36.5M

IMMEDIATE AVAILABILITY59,520 SF

0. LLM OPERATING CONTEXT

Deal identity — Harbor Point is a fictional 212,640 SF, four-building industrial/flex campus offered as an investment sale with an owner/user alternative.

Source hierarchy — Use the offering memorandum for property facts and positioning; use the rent roll for occupancy and lease economics; route conflicts and missing inputs to the deal team.

Assistant behavior — Do not invent value, NOI, cap rate, comps, debt terms, tenant credit, or timing. Label one-step calculations, cite material claims, and distinguish the listing team’s thesis from independent underwriting.

Intended use — Support first-pass decision-maker questions while preserving the source trail. This Brief is not a substitute for the buyer’s model, source documents, or broker guidance.

1. Executive deal orientation

The listing team positions Harbor Point around three connected advantages: current cash flow from six operating tenants, 59,520 SF available for a near-term owner/user or lease-up strategy, and infill access to a deep labor and logistics network.

The campus consists of four concrete tilt-up buildings completed between 1998 and 2004. The available building is separately metered and demisable, which supports multiple paths without requiring the buyer to disturb current tenancy.¹

LISTING-TEAM THESISAcquire functioning income today while preserving control over the next 59,520 SF of occupancy.

2. Source basis and review posture

This Brief reconciles the fictional OM, rent roll, lease abstracts, property-condition summary, and deal-team fields. Where a marketing summary and a lease abstract differ, the lease abstract controls. Final economics, legal interpretation, and process guidance remain with the source files and deal team.

FULLY SUPPORTEDBuilding facts, occupancy, contractual rent, expiration dates

PARTIALLY SUPPORTEDLease-up timing, capital scope, owner/user delivery assumptions

NOT PROVIDEDVerified sale comps, lender terms, buyer return thresholds

3. Structured property facts

BUILDINGS4OM, pp. 6–9

CLEAR HEIGHT24–28 FTOM, p. 11

DOCK / GRADE DOORS28 / 12OM, p. 12

PARKING2.4 / 1,000 SFSite Plan, p. 2

POWER2,400–3,000 AMPPCR, p. 8

ZONINGLight IndustrialOM, p. 14

4. Tenancy and rollover

Six tenants occupy 153,120 SF. No single tenant represents more than 22% of rentable area. Two leases expire within 24 months; the remaining occupied suites extend from 2029 through 2033.²

SPACESTATUSAREACONTROL POINT

Building AOccupied47,880 SFLease through 2031

Building B3 tenants61,440 SFStaggered 2028–2033 rollover

Building C2 tenants43,800 SFOne near-term renewal decision

Building DAvailable59,520 SFOwner/user or lease-up optionality

5. Economics that matter

The source package provides contractual revenue and recoveries but does not include a complete buyer-ready NOI bridge. Any cap-rate or value conclusion would therefore require assumptions beyond the approved materials.

CONTRACTUAL BASE RENT$2.28MAnnualized from Rent Roll

WEIGHTED RENT$14.88 / SF NNNOccupied area only

ANNUAL ESCALATIONS3.0%–3.5%Lease Abstracts

UNDERWRITING GUARDRAIL

Do not derive stabilized NOI or market value until vacancy costs, downtime, tenant improvements, leasing commissions, operating statements, and the buyer’s capital plan are confirmed.

6. Business-plan paths

OWNER / USER

Occupy Building D while retaining income from the balance of the campus. Confirm delivery condition, use compatibility, and shared-site obligations.

LEASE-UP

Market the available building as a whole or in two suites. Underwrite downtime and improvement scope only after broker and contractor validation.

LONGER-HOLD REPOSITIONING

Sequence rollover, façade, and energy upgrades across the campus. Treat rent growth as a scenario, not a source fact.

7. Physical and diligence focus

Roofing: confirm remaining useful life and allocate the planned Building B membrane replacement.³
Fire/life safety: verify inspection status across each separately permitted building.
Power: confirm service capacity at Building D against the intended user profile.
Access: review shared truck-court circulation and recorded easements.
Environmental: obtain and review the current Phase I and historical-use file.

8. Items for the deal team

Provide the current operating statement and reconciled trailing-12-month expense detail.
Confirm the delivery standard and marketing plan for Building D.
Clarify renewal posture for the two leases expiring within 24 months.
Provide title, survey, environmental, roof, and capital-history materials in the Vault.
Confirm process timing, tour protocol, and the approved comp discussion.

9. Suggested next moves

BUILD A ONE-PAGE DEAL SUMMARYCOMPARE THE THREE BUSINESS-PLAN PATHSDRAFT QUESTIONS FOR THE DEAL TEAMCREATE A SOURCE-BOUND DILIGENCE LIST