Manulife US REIT - Annual Report 2021

MANULIFE US REIT 40 TOP THREE TENANTS BY GRI (%) 26.9 TCW Group 20.6 Quinn Emanuel Trial Lawyers 11.3 Allen Matkins Figueroa 865 South Figueroa Street, Los Angeles, CA Occupancy 88.6 % Valuation US$ 315.2 M Figueroa is a 35-storey Class Aoffice building located in the South Park district of Downtown Los Angeles, two blocks away from a variety of entertainment venues. The property offers ample amenities, which include a restaurant, a coffee shop, an adjacent car park with 841 lots and a courtesy shuttle service which travels throughout the surrounding downtown area. Land Tenure Freehold Building Completion 1991 Acquisition Date 19 May 2016 Purchase Price US$284.7 million (US$410 psf) WALE by NLA 3.2 years No. of Tenants 29 Lease Expiry Profile by NLA (%) Gross Revenue (US$ million) Net Property Income (US$ million) 28.9 2021 13.9 2021 17.3 2027 & Beyond 28.2 2020 14.5 2020 29.8 2019 16.0 2019 3.5 2025 0.0 2026 17.8 2024 57.8 2023 3.6 2022 NLA 715,024 SQ FT Portfolio Overview Class A