One Chesterfield Offering Memorandum 2016

MARKET OVERVIEW

TOP 2015

Chesterfield Vacancy Rate History VACANCY Chesterfield Vacancy Rate History

CHESTERFIELD REAL ESTATE FACTS

25%

20%

15%

14.9%

10%

7.4% 9.3%

7M SF

Chesterfield is the second largest submarket in St. Louis

5%

0%

'05 '06 '07 '08 '09 '10 '11

'12 '13 '14 '15 2Q '16

Class A Class B Overall

390 bps since 2012

Vacancy Decline: 146,000 SF of Absorption in 2015

CONTIGUOUS BLOCKS OF SPACE Chesterfield Chesterfield Contiguous Blocks of Space

Number of Buildings

21

Large Deals: 4 Large Move-ins in the last 18 months

OVER 40K SF

18

15

12

9

6

30K SF

Contiguous Blocks of Space: 3 Class A Buildings

3

0

5,000+

10,000+

20,000+

30,000+

50,000+

Class A

Class B

55

One Chesterfield, St. Louis, MO