• Significant capital invested into back of house and building systems with additional upside via PIP renovation • Highly accessible location at the intersection of I-95 and Space Coast Pkwy with proximity to Melbourne Airport and future Brightline stations • Florida’s Space Coast hosts one of the strongest STEM economies in the country with Kennedy Space Center, Patrick Space Force Base, and America’s most prominent aerospace and defense companies • Tangible demographic tailwinds with significant population growth and high-wage tech employment growth • Stable leisure demand driven by the busiest cruise port in the world, Cape Canaveral, and miles of beautiful coastline