Nearctic Industrial REIT Announces Craig Shein’s Promotion to Chief Operating Officer

Calgary, Alberta — July 30, 2026 

Nearctic Industrial REIT (“NI REIT” or the “REIT”) is pleased to announce the promotion of Craig Shein to Chief Operating Officer (COO), strengthening the REIT’s leadership capacity as it advances into its next phase of growth.

Craig’s promotion recognizes his leadership in driving the REIT’s real estate portfolio to 100% occupancy and his success in sourcing and closing one of the REIT’s targeted acquisitions for 2026. The acquisition progressed from the initial offer to purchase to closing in just over two months.

As Chief Operating Officer, Craig will lead the execution of NI REIT’s acquisition strategy while continuing to oversee the performance and strategic management of the REIT’s real estate portfolio.

Craig brings deep real estate experience and a strong track record of execution to the role. His expanded responsibilities will support NI REIT’s continued growth and the advancement of its strategy to build a high-quality portfolio of modern, multi-tenant, flex industrial properties.

About Nearctic Industrial REIT

Nearctic Industrial REIT is a private real estate investment trust focused on acquiring and operating modern, multi-tenant, flex industrial properties in strategically selected Canadian markets. The REIT’s objective is to build a high-quality, diversified industrial real estate portfolio while delivering attractive, risk-adjusted returns to investors.