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 %

CAM INS

RET

212

3,657

2.5%

5/1/2016 9/30/2021

Current

$26.00

$7,924

$95,082 2016 BY 2016 BY 2016 BY

10/1/2016

$26.50

$8,076

$96,911

10/1/2017

$27.00

$8,228

$98,739

Novo Nordisk

10/1/2018

$27.50

$8,381

$100,568

10/1/2019

$28.00

$8,533

$102,396

10/1/2020

$28.50

$8,685

$104,225

Comments:

Tenant has one, 5-year option to extend its term at the prevailing market rate. Tenant must provide Landlord with at least nine (9) months advance written notice.

Renewal Option:

Utility Services:

Utility expenses shall be included as additional rent.

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 $87,500.

40

• Cushman & Wakefield