Blackwells Capital Activist Presentation Deck
BUSINESS OVERVIEW
WPT Industrial REIT is an ...
Internally managed Canadian industrial REIT that acquires, develops, manages, and owns distribution and logistics
properties located throughout the United States in Tier 1 and 2 distribution markets with proximity to major population
centers, significant transportation infrastructure, access to cost-effective labor, and favorable long-term rent growth
prospects
$1.3 billion equity market cap, $2.4 billion enterprise value
As of September 30, 2020, the Company's property portfolio consisted of 35.6 million square feet across 108 properties in
20 states with 97.4% occupancy
BW
High-quality, stabilized and geographically diverse portfolio in major U.S. distribution markets, a stable and diversified
tenant base, and a strong platform for accretive growth through stabilized portfolio and proprietary private capital pipeline
WPT Property Locations
Seattle
Portland
Reno
San Francisco
Los Angeles
Current Markets
Target Markets
Light blue areas represent 1,000 people
Source: US Cenau Bur
Salt Lake City
Phoenix
Denver
BLACKWELLS CAPITAL
San Antonio
Minneapolis
Kansas City.
Austin
Dallas
WPT Industrial REIT Inc. Q3 2020 Investor Presentation.
Market Cap and EV as of 12/31/2020.
Houston
Milwaukee
Chicago
Indianapolis
Memphis
St. Louis
Detroit
Cincinnati
Louisville
Nashville
Columbus
Eastern PA
Atlanta
Jacksonville
Central Florida
Charlotte
New Jersey
South Florida
Strictly Confidential & Trade Secret
Other, 64.8%
Revenue by Tenant
FedEx Ground
Package
System,, 12.7%
IKEA Distribution
Services, Inc.,
3.4%
Continental Tire
the Americas,
2.7%
Amazon.com,
2.5%
Zulily LLC,
2.0%
MWI Veterinary
Supply
Company, 1.8%
General Mills
Operations, LLC,
2.9%
Unilever Home &
Personal Care,
2.7%
Keystone
Automotive
(1), 2.3%
International
Paper
Company,
2.2%
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