Michelson 3161 Michelson Drive, Irvine, CA Freehold 2007 19 May 2016 US$317.8 million (US$597 psf) 3.8 years 17 Land Tenure Building Completion Acquisition Date Purchase Price WALE by NLA No. of Tenants 31.7 Hyundai Capital America 19.0 Gibson Dunn 12.9 Fitness International Top Three Tenants by GRI (%) PORTFOLIO OVERVIEW Michelson is a 19-storey Trophy-quality office building located in Irvine, Orange County, California, within a mile of John Wayne International Airport. The property is surrounded by hotels, high-end residential properties, restaurants and other retail offerings. On-site amenities include a café, penthouse sky garden and a large car park with 2,744 lots. Occupancy 81.4 % Valuation US$ 230.4 m NLA 535,175 SQ FT Lease Expiry Profile by NLA (%) 23.8 23.9 22.4 2023 2024 2025 12.8 12.6 13.6 2023 2024 2025 19.7 5.4 5.3 46.3 14.7 8.6 2026 2028 2029 2030 2031 & Beyond 2027 Gross Revenue (US$ million) NPI (US$ million) / 32 / EXPANDING HORIZONS
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