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

510 10,003

7.0%

3/1/2016 8/31/2021

Current

$26.25

$21,882

$262,579 2016 BY 2016 BY 2016 BY

3/1/2017

$26.75

$22,298

$267,580

BBMC Mortgage

3/1/2018

$27.25

$22,715

$272,582

3/1/2019

$27.75

$23,132

$277,583

3/1/2020

$28.25

$23,549

$282,585

3/1/2021

$28.75 $23,966

$287,586

Comments:

Tenant has one, 5-year option to extend its term at the prevailing market rate. Tenant must provide Landlord with at least twelve (12) 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%

Tenant has the right to cause its lease term to expire on August 31, 2019. Tenant must provide landlord written notice no later than November 30, 2018 accom- panied by a cancellation payment equal to the sum of (i) three (3) months’ base rent and (ii) the unamortized portion of all out of pocket costs incurred by landlord, including brokers’ commissions, allowances, and legal fees, arising out of tenants lease with interest at the rate of the lesser of eight percent (8.0%) per year or the highest permissible legal rate. Landlord is entitled to reduce the square footage of the premises by up to 2,000 rentable square feet within the first twelve (12) months following the com- mencement date. Landlord must provide tenant with at least sixty (60) days’ prior written notice. Tenant is entitled to a Contraction Allowance in the amount of $5.50 PSF to be used toward the cost of performing the contraction alterations. Please refer to Exhibit G of tenant’s lease for further details.

Termination Option:

Landlord Contraction Option:

Construction Allowance:

Tenant has an outstanding allowance of $90,000 (outstanding amount to be credited to Buyer at close).

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One Chesterfield, St. Louis, MO