Manulife US REIT - Annual Report 2021

MANULIFE US REIT 46 Plaza is an 11-storey Class A office building located in the Meadowlands section of Secaucus, New Jersey, three miles from Manhattan. The building was substantially renovated in 2016 with the addition of a conference centre, fitness centre, and café, as well as an additional car park. Lease Expiry Profile by NLA (%) Gross Revenue (US$ million) Net Property Income (US$ million) Plaza 500 Plaza Drive, Secaucus, NJ Occupancy 96.7 % Valuation US$ 106.0 M NLA 466,496 SQ FT Land Tenure Freehold Building Completion 1985 Acquisition Date 19 July 2017 Purchase Price US$115.0 million (US$249 psf) WALE by NLA 6.1 years No. of Tenants 9 14.9 2021 67.4 2027 & Beyond 9.7 2021 15.8 2020 7.3 2020 15.7 2019 9.0 2019 0.4 2025 1.1 2026 17.3 2024 1.8 2023 11.9 2022 TOP THREE TENANTS BY GRI (%) 40.9 The Children’s Place 30.4 Quest Diagnostics 12.1 Hartz Mountain Industries Class A Note: Amounts may not sum up to 100.0% due to rounding. Portfolio Overview