Portfolio
Portfolio Overview
As at 31 December 2024, Manulife US REIT’s portfolio comprises of 9 office properties in the United States, with an aggregate net lettable area of 4.6 million sq ft. The 9 freehold office properties are strategically located in Arizona, California, Georgia, New Jersey, Virginia and Washington, D.C.
As at 31 December 2024, Manulife US REIT’s portfolio comprises of 9 office properties in the United States, with an aggregate net lettable area of 4.6 million sq ft. The 9 freehold office properties are strategically located in Arizona, California, Georgia, New Jersey, Virginia and Washington, D.C.
years
WALE by NLA
%
Occupancy
Freehold
Land Tenure
Number of Tenants
As at 31 December 2024
Our Properties
Portfolio Statistics
| As at 31 December 2024 | Location | Completion Year |
NLA (sq ft) | Valuation (US$ million) |
WALE by NLA (years) |
No. of Tenants |
Occupancy (%) |
|---|---|---|---|---|---|---|---|
| Figueroa | Los Angeles | 1991 | 718,217 | 117.0 | 5.0 | 22 | 46.6 |
| Michelson | Irvine | 2007 | 535,003 | 219.5 | 4.8 | 16 | 81.4 |
| Peachtree | Atlanta | 1991 | 560,629 | 164.6 | 5.0 | 21 | 77.0 |
| Plaza | Secaucus | 1985 | 468,049 | 43.7 | 8.2 | 6 | 71.5 |
| Exchange | Jersey City | 1988 | 741,541 | 211.6 | 4.2 | 21 | 73.8 |
| Penn | Washington, D.C. | 1964 | 278,063 | 79.1 | 2.1 | 7 | 90.0 |
| Phipps | Atlanta | 2010 | 477,394 | 180.2 | 8.4 | 11 | 80.4 |
| Centerpointe | Virginia | 1987/1989 | 422,138 | 75.9 | 5.3 | 16 | 68.2 |
| Diablo | Tempe | 1980-1998 | 355,385 | 45.6 | 1.6 | 9 | 98.2 |
Notes
Valuations are based on latest appraisal values as at 31 Dec 2024.
Manulife US REIT has on 25 Feb 2025 (U.S. time) completed the divestment of 500 Plaza.