Portfolio
Portfolio Overview
As at 30 September 2024, Manulife US REIT’s portfolio comprises of 10 office properties in the United States, with an aggregate net lettable area of 5.1 million sq ft. The 10 freehold office properties are strategically located in Arizona, California, Georgia, New Jersey, Virginia and Washington, D.C.
As at 30 September, Manulife US REIT’s portfolio comprises of 10 office properties in the United States, with an aggregate net lettable area of 5.1 million sq ft. The 10 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 30 September 2024
Our Properties
Portfolio Statistics
| As at 30 September 2024 | Location | Completion Year |
NLA (sq ft) | Valuation (US$ million) |
WALE by NLA (years) |
No. of Tenants |
Occupancy (%) |
|---|---|---|---|---|---|---|---|
| Figueroa | Los Angeles | 1991 | 718,217 | 139.0 | 4.5 | 23 | 53.5 |
| Michelson | Irvine | 2007 | 535,003 | 240.0 | 4.9 | 17 | 81.9 |
| Peachtree | Atlanta | 1991 | 560,444 | 171.0 | 5.0 | 22 | 79.0 |
| Plaza | Secaucus | 1985 | 468,049 | 58.0 | 8.4 | 6 | 71.5 |
| Exchange | Jersey City | 1988 | 741,541 | 234.0 | 4.3 | 21 | 75.9 |
| Penn | Washington, D.C. | 1964 | 278,063 | 108.0 | 2.3 | 7 | 90.0 |
| Phipps | Atlanta | 2010 | 477,268 | 176.0 | 8.6 | 11 | 79.2 |
| Centerpointe | Virginia | 1987/1989 | 422,138 | 75.8 | 5.1 | 17 | 73.7 |
| Diablo | Tempe | 1980-1998 | 355,385 | 52.0 | 1.9 | 9 | 98.2 |
Notes
Valuations are based on latest appraisal values as at 31 Dec 2023.