Class A facility to be built at prime location near Baltimore-Washington International Airport

Baltimore, August 5, 2015 – Ridgeline Property Group (RPG) announced today that it will develop a Class A distribution center in Hanover, Md., southwest of the city of Baltimore, with capital partner Cabot Properties Inc. Hanover Business Center, a 100,000-square-foot distribution facility, will occupy a prime location at 1250 Stoney Run Road adjacent to Baltimore-Washington International Airport.

The project will be built on a 7.9-acre site purchased by RPG and Cabot Properties. Construction will begin in second-quarter 2016 and completion is scheduled for first-quarter 2017.

“Demand is very strong for Class A space as industrial tenants continue to expand in the Baltimore market, but developable land is in short supply, particularly in prime locations such as the site for Hanover Business Center,” said Greg Thurman, CEO of Ridgeline Property Group. “Hanover Business Center will offer modern, efficient Class A space in a highly desirable location only three miles from Baltimore-Washington International Airport. The site also provides excellent access to the nearby Baltimore-Washington Parkway and Interstate 95.”

Hanover Business Center will feature 28-foot clear heights, early suppression fast response (ESFR) fire sprinklers, 1.4 parking spaces per thousand square feet, a 120-foot truck court, and separate entrances for cars and trucks.

“Cabot Properties is pleased to expand our relationship with Ridgeline Property Group and partner with them on this project, which is strategically located to provide superior access to the Baltimore-Washington corridor. With the ongoing strong demand for industrial space, this is an excellent time to develop Hanover Business Center,” said Patrick V. Ryan, Executive Vice President of Investments at Cabot Properties.

RPG also is partnering with Cabot Properties on Susquehanna Logistics Center, a 423,300-square-foot distribution facility in York, Pa., scheduled to be completed in December 2015. Since its inception in 2014, RPG has developed projects totaling 5.9 million square feet across the United States.

About Ridgeline Property Group

Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states.

About Cabot Properties

Cabot Properties is a private equity real estate investment firm. The firm is a leading investor, developer and operator of industrial properties throughout North America and the United Kingdom. Formed in 1986, Cabot has invested $6.2 billion in industrial real estate, managing and operating approximately 3,000 tenants in more than 140 million square feet.

Strategically located less than one mile south of Interstate 205 in Tracy, California, in the Central Valley industrial market, the Class A, 381,600 SF distribution center will open in Spring of 2016.

Tracy, California, July 30, 2015 – Ridgeline Property Group (RPG) announced today that it will team with investment partner LaSalle Investment Management (LaSalle) to develop Tracy Pescadero Distribution Center, a 381,600-square-foot, Class A regional distribution facility located in Tracy, California, in the Central Valley industrial market.

The 19.46-acre site is less than one mile from Interstate 205, an east-west route connecting to Oakland and San Francisco, and it provides easy access to the regional transportation corridors serving the major markets of the Western U.S.

Construction is scheduled to begin in October 2015, with completion expected in May of 2016. Tom Davis, President of Lee & Associates-Central Valley Inc and Darren McFadden, also with Lee & Associates will market the property for lease.

“Tracy, California, is the best distribution location in the Central Valley, and the Tracy Pescadero Distribution Center will provide much-needed Class A space for modern distribution operations,” said Greg Thurman, CEO of Ridgeline Property Group. “There is virtually no availability of Class A space greater than 200,000 square feet in the Central Valley. In addition to providing bulk space, this 381,600-square-foot facility will offer the option of either a rear-load or front-load configuration, depending on the needs of the tenant. The flexible design also enables the building to be divided into three separate spaces with front offices.”

Added Paul White, Managing Director at LaSalle Investment Management, “We’re very pleased to partner with Ridgeline Property Group on Tracy Pescadero Distribution Center. LaSalle has teamed with the principals of RPG on numerous successful industrial projects in the U.S., and the strong demand for high-quality, Class A distribution space in the Central Valley makes this a very favorable time to develop this project.”

Some of the world’s leading consumer product companies, retailers and logistics companies have established distribution operations in the Northeast Industrial Specific Plan Area of Tracy, California, including The Home Depot, Kuehne + Nagel, Amazon, Kellogg’s, Crate & Barrel, PepsiCo and Best Buy.

“We’re thrilled to develop our first project on the West Coast in partnership with LaSalle. We look forward to offering state-of-the-art distribution space in this strategically important industrial market,” added Greg Thurman.

Located at 1700 East Pescadero Avenue, the distribution facility will feature 32-foot clear heights, 57 dock-high doors, two drive-in doors, a 185-foot truck court, 92 trailer parking spaces, 317 auto parking spaces, and Early Suppression Fast Response (ESFR) fire sprinklers.

In addition to providing convenient access to I-205, I-5, I-580 and Highway 99, the site is located in close proximity to the Union Pacific and Burlington Northern Santa Fe intermodal facilities.

About Ridgeline Property Group

Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states.

About LaSalle Investment Management

LaSalle Investment Management is one of the world’s leading real estate investment managers with approximately $56.0 billion of assets under management of private and public real estate property and debt investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. Managing capital for institutions and private investors all over the world, LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle is an independent subsidiary of Jones Lang LaSalle (NYSE: JLL), one of the world’s largest real estate companies.

Atlanta, May 29, 2015 – Ridgeline Property Group (RPG), a privately held commercial real estate development and investment firm, announced today that Mark Erler has been named Vice President of Development.

In his new position, Erler will be responsible for the pursuit and execution of development projects including land acquisition, design, construction and stabilization. He will be based in Atlanta.

“Mark is an incredible talent and we are excited to have him join the RPG team,” said Mike Gray, President of Ridgeline Property Group. With Mark’s solid construction and development background, coupled with his broker and user relationships, we believe that he will immediately contribute to our growing success and positively impact our business moving forward.”

Erler’s resume includes more than 18 years of commercial construction and real estate development experience. Prior to joining Ridgeline Property Group, he most recently served as Regional Vice President of Development for DCT Industrial. During Mark’s tenure with the company he managed industrial developments in twelve (12) U.S. markets totaling 8.5 million square feet, including many joint venture projects.

His previous experience also included Development Manager for Panattoni Development Company where he managed the development and marketing of industrial and office properties, as well as, acquired and repositioned assets.

Erler earned a Masters of Business Administration (MBA) degree in Finance from Georgia State University and a Bachelor of Science degree in Construction Science and Management from Clemson University.

About Ridgeline Property Group

Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states.

RPG and capital partner Stockbridge Capital Group purchase 29.5-acre parcel that will be the site of Eagle Park 20\35 distribution center

Dallas, April 29, 2015 – Ridgeline Property Group (RPG) and its capital partner Stockbridge Capital Group have purchased a 29.5-acre parcel in the South Dallas industrial submarket that will be the site of a 453,600-square-foot, state-of-the-art distribution facility. Eagle Park 20\35, named for its strategic location at the junction of Interstates 20 and 35, will be under construction in June and is scheduled to be completed in first-quarter 2016.

RPG and Stockbridge Capital Group purchased the 29.5-acre site, located within Eagle Business and Industrial Park, from Danieldale/35E No. 2 Ltd. The purchase price was not disclosed. Jones Lang LaSalle’s Executive Vice President Kurt Griffin and Senior Vice President Nathan Orbin represented the buyer and seller in the transaction and have been selected to market Eagle Park 20\35 for lease.

“With the strategic location providing immediate access to I-20 and I-35 and the facility’s state-of-the-art design features, Eagle Park 20\35 will be ideally suited to meet the requirements of modern distribution operations,” said Greg Thurman, CEO of Ridgeline Property Group. “The pace of construction activity in South Dallas has picked up significantly, and many speculative projects have enjoyed successful pre-leasing efforts. However, much of the current construction is comprised of build-to-suit projects of 650,000 square feet and higher. Eagle Park 20\35 will offer design flexibility enabling it to accommodate a single tenant or multiple tenants of 150,000 square feet and higher.”

Added JLL’s Nathan Orbin: “The South Dallas submarket, and the location of Eagle Park 20\35 in particular, offers outstanding logistical advantages. JLL is committed not only to the success of this project, but of the entire area. JLL has been very active in the South Dallas submarket and we’ve been fortunate to be involved in several high-profile transactions. We look forward to leveraging our marketing platform and relationships to lease this Class A industrial property.”

Located on Centre Park Drive, Eagle Park 20\35 will feature 32-foot clear heights, early suppression fast response (ESFR) fire sprinklers, 185-foot dual truck courts and abundant trailer storage. The 400-acre Eagle Business and Industrial Park is home to numerous high-profile tenants, including Solar Turbines (a Caterpillar company), Kohl’s, Sam’s Club/Wal-Mart Stores and Kauffman Tire. The business park also offers access to exclusive air travel from Dallas Executive Airport, located less than 10 minutes away.

“Stockbridge is excited to partner with Ridgeline Property Group and its experienced development team on this Class A distribution center located in one of the premier industrial submarkets of Dallas,” said Dan Weaver, Managing Director at Stockbridge. “The strengthening of the economy continues to heighten demand for industrial space, and Eagle Park 20\35 will provide the state-of-the-art features and amenities that distributors are seeking today.”

RPG’s ongoing projects also include Susquehanna Logistics Center, a 423,000-square-foot distribution facility in York Pa.; and McDonough Commerce Center, a 714,560-square-foot distribution facility located in the South Atlanta submarket.

About Ridgeline Property Group

Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states.

About Stockbridge

Stockbridge is a fully independent real estate investment management firm led by veteran industry professionals. The firm’s portfolio comprises assets across the investment risk spectrum, including core, value-added and opportunistic strategies. Stockbridge has approximately $9.3 billion of assets under management (as of December 31, 2014) spanning all major real estate property types, and certain specialty property types, throughout the United States.

York, PA, March 25, 2015 – Responding to the shortage of Class A bulk warehouse space in the surging Central Pennsylvania industrial market, Ridgeline Property Group (RPG) today announced it will develop a 423,300-square-foot industrial speculative building in York, Pa. Cabot Properties Inc. will be RPG’s capital partner for Susquehanna Logistics Center, which will be built on a 51-acre site providing immediate access to Interstate 83.

Construction will begin in late March on Susquehanna Logistics Center and will be completed in December 2015. Patrick McBride and Gerry Blinebury of Cushman & Wakefield’s Harrisburg, Pa., office have been selected to market the property for lease.

“With strong absorption rates combined with the extremely limited supply currently available, this market is primed for the modern and efficient Class A distribution space that Susquehanna Logistics Center will provide,” said Greg Thurman, CEO of Ridgeline Property Group.

He added: “There is virtually no Class A space between 200,000 and 400,000 square feet available in Central Pennsylvania, and this is the only zoned and entitled industrial site between Harrisburg and Baltimore that can bring a Class A project to market in the near term. The timing couldn’t be better for us to team with our long-term partner Cabot Properties on this distribution building.”

York County’s strategic location between Baltimore and Harrisburg, its healthy supply and demand fundamentals, and a strong labor pool combine to make the submarket a key logistics hub. The overall vacancy rate for Class A product in York County has dipped below 4 percent, placing supply at shortage levels, and absorption has reached near record levels.

The large and well-trained workforce within a 30-minute commute and the comprehensive training and educational programs offered by the county and its educational institutions provide further incentive for companies to set up operations in the submarket.

“We’re pleased to partner with a best-in-class developer, Ridgeline Property Group, on this Class A industrial building to meet the growing demand for high-quality industrial space in this crucial distribution market. RPG has a successful track record developing bulk distribution space across the country, and we look forward to partnering with them on Susquehanna Logistics Center to provide the Central Pennsylvania market with much-needed Class A distribution space,” said Patrick V. Ryan, Executive Vice President of Investments at Cabot Properties.

Located on Second Amendment Drive in York, Pa., the Susquehanna Logistics Center site is just over a half mile from the Exit 8 interchange of I-83 and minutes from US Route 30, two major north-south and east-west routes, respectively, that connect the project to Philadelphia, Washington, D.C., Baltimore and other important industrial markets. In addition, the York County submarket offers distributors and manufacturers convenient access to the Port of Baltimore, three major intermodal rail stations, and FedEx and UPS distribution hubs.

The 423,300-square-foot distribution facility will feature 32-foot clear heights, 87 dock doors, 52-foot by 54-foot column spacing, early suppression fast response (ESFR) fire sprinklers and high-capacity parking, including 179 auto spaces and 146 trailer storage stalls.

About Ridgeline Property Group

Ridgeline Property Group (“RPG”), headquartered in Atlanta, is a privately held, commercial development and investment firm that operates throughout the United States. The company’s leadership team has over 100 years of combined experience in the commercial real estate industry and has developed in excess of 100 million square feet of industrial and office space. RPG serves as a capital deployment vehicle and a third-party operator for investors and users focused on investment-grade development and acquisition opportunities. Through its strategic relationships with both private and institutional debt and equity, the firm focuses on speculative and build-to-suit development, “value-add” acquisition projects as well as third party asset and development management opportunities. For additional information, please contact www.ridgelinepg.com.

About Cabot Properties

Cabot Properties is a private equity real estate investment firm. The firm is a leading investor, developer and operator of industrial properties throughout North America and the United Kingdom. Formed in 1986, Cabot has invested $6.2 billion in industrial real estate, managing and operating approximately 3,000 tenants in more than 140 million square feet.

Atlanta, December 9, 2014 – In a move to meet the rising demand for “class A” bulk distribution space in metro Atlanta, Ridgeline Property Group (RPG) today announced it will develop a 714,560-square-foot industrial speculative building in McDonough, GA., in the South Atlanta Industrial submarket. Clarion Partners will be RPG’s capital partner for McDonough Commerce Center, which will be built on a highly visible, 53-acre site located in the heart of Henry County’s industrial bulk submarket, directly off of the Interstate 75 and Hwy 155 interchange.

The speculative building’s modern and flexible design will provide maximum efficiency for large-scale distribution operations, including e-commerce order fulfillment. The project is scheduled to be delivered in late-summer 2015. Ben Logue and Price Weaver of Colliers International’s Atlanta office have been selected to market the property for lease.

“Atlanta’s industrial sector has rebounded strongly and the market is starved for high-quality, modern product,” said Mike Gray, President of RPG. “In particular, e-retailing has changed the landscape in the logistics arena, and this project provides sophisticated users optimal ceiling clear height, increased bay spacing, and greater car and trailer parking capacity.”

Gray added: “This state-of-the-art development enjoys an ‘A-plus’ strategic location, offering immediate access to I-75 via two interchanges in one of the most dynamic supply chain markets in the U.S. McDonough Commerce Center will enable any company to reach the Southeast US markets in one day and over 60 percent of the U.S. population in less than two.”

Located on Avalon Parkway, the project site is 1/4 mile from Exit 216 and less than 1.5 miles from Exit 218. Design features of the Class A facility include 36-foot clear heights, 56-foot-wide bay spacing, all concrete truck courts, ESFR fire suppression and high-capacity parking, including 431 car parking spaces and 160 trailer spaces (expandable to 240 trailer spaces).

RPG’s McDonough Commerce Center project announcement coincides with the ongoing resurgence of the Atlanta industrial sector, which absorbed 10.5 million square feet through third-quarter 2014. According to the Third Quarter 2014 Atlanta Industrial Market Report from Colliers International, the vacancy rate for warehouse and distribution properties is below 10 percent for the first time in nearly a decade. In addition, anticipated occupancy gains by the end of the year are expected to contribute to the highest absorption in Atlanta since 2006.

“We’re very pleased to partner with Ridgeline Property Group on this project. RPG and its team members have extensive expertise developing big-box industrial projects, and this project’s strategic location combined with the scarcity of existing space above 500,000 square feet in the Atlanta market makes this an opportune and appropriate time to develop McDonough Commerce Center,” said Thomas Flanigan, Senior Vice President of Clarion Partners.

Ridgeline Property Group’s principals have extensive experience in Henry County and have completed more than 5 million square feet of investment grade, industrial buildings in the I-75 South corridor, including distribution centers for The Whirlpool Corporation (1,504,800 SF), Georgia-Pacific (900,640 SF) and Kumho Tire (412,000 SF), among others.

About Ridgeline Property Group

Ridgeline Property Group (“RPG”), headquartered in Atlanta, is a privately held, commercial development and investment firm that operates throughout the United States. The company’s leadership team has over 100 years of combined experience in the commercial real estate industry and has developed in excess of 100 million square feet of industrial and office space. RPG serves as a capital deployment vehicle and a third-party operator for investors and users focused on investment-grade development and acquisition opportunities. Through its strategic relationships with both private and institutional debt and equity, the firm focuses on speculative and build-to-suit development, “value-add” acquisition projects as well as third party asset and development management opportunities. For additional information, please contact www.ridgelinepg.com.

About Clarion Partners

Clarion Partners has been a leading U.S. real estate investment manager for 32 years. Headquartered in New York, the firm has offices in major markets throughout the U.S., in São Paulo, Brazil and London, England, as well as a presence in Mexico. With more than $30 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 200 domestic and international institutional investors. More information about the firm is available at www.clarionpartners.com.

About Colliers International

Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research.  The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. For the latest international news from Colliers International, visit colliers.com/us/news or follow us on Twitter: @ColliersIntl

Chicago, IL, November 10, 2014 — Ridgeline Property Group (RPG), has appointed Pete Harmon as Partner, based out of Chicago, Illinois. Mr. Harmon will be responsible for expanding the company’s portfolio through the acquisition and development of industrial and office opportunities in the Midwest and Southwest from Chicago to Houston.

Pete’s career spans 32 years in the commercial real estate industry where he has worked with public, private, high net worth and institutional clients in major markets throughout the United States.

He was formerly with ML Realty Partners and worked as an Executive Vice President and member of the managing board. During his tenure at the company, the entity acquired in excess of 15 Million square feet and 450 acres of land in various stages of development in Chicago, Dallas/Fort Worth and Houston.

Prior to joining ML Realty, Harmon held positions at Ryan Companies U.S. as Vice-President of Development and also at Meridian Industrial Trust as Regional Vice President.

 Greg Thurman, CEO for RPG, stated “We are excited to have Pete join our firm. His experience and abilities coupled with our national platform should be a great combination. Pete will be instrumental in opening the Midwest Region as well as expanding our presence in the State of Texas.”

About Ridgeline Property Group

Ridgeline Property Group (“RPG”), headquartered in Atlanta, is a privately held, commercial development and investment firm that operates throughout the United States. With over 100 years of combined experience in the commercial real estate industry, the company’s leadership team has developed in excess of 100 million square feet and acquired more than 50 million square feet of industrial and office space. RPG serves as a capital deployment vehicle and a third-party operator for investors and users focused on investment-grade development and acquisition opportunities. Through its strategic relationships with both private and institutional debt and equity, the firm focuses on speculative and build-to-suit development, “value-add” acquisition projects as well as third party asset and development management opportunities. For additional information, please visit the company website at www.ridgelinepg.com.

Commercial real estate veteran with more than 27 years of experience will oversee development, acquisitions and operations.

Washington, D.C., July 13, 2014 – Ridgeline Property Group (RPG), a privately held commercial real estate development and investment firm, announced today that Chris Ciliberti has joined the firm as Vice President, Eastern Region. Ciliberti will focus on the firm’s acquisition and development activities, with a strong focus on projects and properties Mid-Atlantic markets. He will also oversee operations in the region.

“Chris is a recognized leader who brings a great depth of commercial real estate expertise and an outstanding track record in development and property acquisitions, as well as broad expertise in dispositions, leasing and land planning,” said Greg Thurman, CEO of Ridgeline Property Group. “We’re thrilled that Chris has joined RPG to lead our development and acquisition initiatives in the Northeast, and we look forward to the crucial role he’ll play in the ongoing growth of our business.”

Ciliberti’s extensive experience in the commercial real estate industry includes his previous role as Partner at Panattoni Development Company, where he led the firm’s development of industrial, office and retail projects in metro Washington, D.C. He also served as Vice President of Development at Akridge, overseeing the development of projects in Suburban Washington DC, while also handling land planning and land disposition activities. Prior to Akridge, he was Vice President of Leasing and Marketing at McCord Development Inc. in Houston, where he oversaw the leasing and marketing of more than 3 million square feet of office space in Dallas and Houston and directed the acquisition and renovation of 1.5 million square feet of office space.

An active leader in the commercial real estate community, Ciliberti is a member of the National Association of Industrial and Office Properties (NAIOP) and has served as Board Member of the Northern Virginia chapter of NAIOP for nearly a decade. He graduated with a Bachelor of Arts degree from Loyola University in Baltimore.

About Ridgeline Property Group

Ridgeline Property Group (“RPG”), headquartered in Atlanta, is a privately held, commercial development and investment firm that operates throughout the United States. The company’s leadership team has over 100 years of combined experience in the commercial real estate industry and has developed in excess of 100 million square feet of industrial and office space. RPG serves as a capital deployment vehicle and a third-party operator for investors and users focused on investment-grade development and acquisition opportunities Through its strategic relationships with both private and institutional debt and equity, the firm focuses on speculative and build-to-suit development, “value-add” acquisition projects as well as third party asset and development management opportunities.