One Chesterfield Offering Memorandum 2016

TENANCY

Rent Roll

Leased Square Feet

Current Lease Expire

Rent Step Dates

Annual Rent ($/psf)

Reimbursements

Current Lease Start

Annual Rent ($)

Monthly Rent ($)

Tenant

Suite

GLA %

CAM INS

RET

204

3,418

2.4% 10/28/2004 3/31/2022 Current

$25.50

$7,263

$87,159 2015 BY 2015 BY 2015 BY

4/1/2017

$26.00

$7,406

$88,868

$10.43 PSF

4/1/2018

$26.50

$7,548

$90,577

Six Point Financial Group

4/1/2019

$27.00

$7,691

$92,286

4/1/2020

$27.50

$7,833

$93,995

4/1/2021

$28.00

$7,975

$95,704

Comments:

Renewal Option:

Tenant has one, 5-year option to extend its term at the prevailing market rate. Tenant must provide Landlord with at least six (6) months advance written notice.

Utility Services:

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

Tenant is responsible for its proportionate share of all operating expenses in excess of the 2015 operating expenses. Controllable expenses shall not increase by more than 5.0% annually. Controllable expenses means all operating expenses except those items over which landlord has no control, including taxes, insurance, utilities, and expenses subject to increase by governmental requirements.

Additional Rent:

Gross-Up:

95%

Right of First Refusal:

Tenant shall have a continuing right of first refusal to lease any adjacent space on the second floor of the building. Please refer to Section 6 of tenant’s Fourth Amendment to its lease for further details.

Guarantor:

Pamela J. Zell and Karen J. Evans (individuals)

37

One Chesterfield, St. Louis, MO