Press Release | Steel 12 @GSCP | Building 1

“Steel 12 represents an opportunity to deliver modern industrial space in one of the North Shore’s most strategically positioned

industrial developments,” said Matt Hubert, Executive Vice President of Investments at Blue Steel Development. “The

combination of interstate access, proximity to major population centers and ports, available infrastructure and the scale of Gulf

South Commerce Park makes this an attractive location for today’s distribution, logistics and manufacturing users.”

With expected delivery in Q1 2027, Steel 12 adds a new speculative Class A industrial option to the North Shore submarket and

expanding the inventory of modern warehouse space available to users seeking access to the greater New Orleans and Gulf

South markets.

About Blue Steel Development

Blue Steel Development is a real estate development company focused on the development of industrial properties and large-

scale commercial real estate opportunities. Through strategic site selection and development, the company creates modern

facilities designed to serve the evolving needs of industrial users and their supply chains.

About Gulf South Commerce Park

Gulf South Commerce Park is a nearly 1,000-acre master-planned industrial development in St. Tammany Parish, Louisiana.

Located along the I-12 corridor, the park is designed to support large-scale industrial, logistics, distribution, advanced

manufacturing and technical operations, with access to major interstates, ports, rail networks and airports.

Media Contacts:

Ryan Vaught

Principal | Chief Investment Officer

Blue Steel Development

(256) 656-7215

rvaught@bluesteeldev.com

Matt Hubert

Executive Vice President | Investments

Blue Steel Development

mhubert@bluesteeldev.com

(773) 619-0554

225 East Lemon Street, Suite 105, Lakeland, FL 33801 | One Mid-America Plaza, Suite 300, Oakbrook Terrace, IL 60181

bluesteeldevelopment.com

Evan Scroggs, SIOR, CCIM

President & Managing Principal

Lee & Associates

escroggs@lee-associates.com

(225) 241-8616

Lance Ginn, CCIM

Principal

Lee & Associates

lginn@lee-associates.com

(504) 252-5668