One Chesterfield Offering Memorandum 2016

TENANCY

Rent Roll

Leased Square Feet

Current Lease Expire

Rent Step Dates

Annual Rent ($/psf)

Current Lease Start

Annual Rent ($)

Monthly Rent ($)

Tenant

Suite

GLA%t

CAM INS

RET

108 & 112 15,667

10.9% 9/6/2006 9/30/2019 Current

$25.75

$33,619

$403,425 2016 BY 2016 BY 2016 BY

10/1/2016

$26.75 $34,924

$419,092

Principal Life Insurance Co.

10/1/2017

$27.25

$35,577

$426,926

10/1/2018

$27.75 $36,230

$434,759

Comments:

Tenant has one, 5-year option to extend its term at the prevailing market rate, but not less than the rent paid during the final year of the prior term. Tenant must provide Landlord with at least nine (9) months advance written notice.

Renewal Option:

Utility Services:

Tenant is responsible for all separately metered utilities at the premises.

Additional Rent:

Tenant is responsible for its proportionate share of all operating expenses in excess of the 2016 operating expenses.

Gross-Up:

95%

Construction Allowance:

Tenant has an outstanding allowance of $78,355.

32

• Cushman & Wakefield

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