F L A G S H I P R E S T A U R A N T

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1 D O W N T O W N B O S T O N FLAGSHIP RESTAURANT O P P O R T U N I T Y

2 FLAGSHIP RESTAURANT O P P O R T U N I T Y TRAFFIC DRIVERS 36 MSF of office space within 0.5-mile radius Adjacent to the Freedom Trail (4M annual visitors) New luxury residential projects within walking distance RETAIL & DINING b.good, Clover, DSW, Equinox, Forever 21, GEM Nightclub & Bar, Mast, King Street Tavern, PAUL Bakery, Primark, Roche Bros, Ruth s Chris Steak House, Staples, Starbucks, Thirst Juice Co., and many more LOCATION & VISITORS South of City Hall Plaza/ Government Center, across the street from historic Old State House. Less than 0.5 mile away from Faneuil Hall Marketplace (70+ local/national retailers, 18M annual visitors) HOTEL 10+ hotels within one mile 1,450+ rooms in immediate neighborhood ACCESS Immediate access to MBTA Blue, Green, Orange and Red Lines plus multiple bus stops 10-minute walk to South Station, just under 14 minutes to North Station (both Amtrak, commuter rail and MBTA service) 7,086 SF available at One Boston Place in the heart of Downtown Boston Complete with sunny, outdoor patio seating, ventilation shaft and utilities brought to the space, this property is being prepared for delivery Fall 2016 Views of the Boston Harbor, the Custom House tower and the Rose Kennedy Greenway 20-foot ceilings (variable) with large, floor-to-ceiling windows Designated entry vestibule and shared loading dock on-site Available mezzanine and lower-level spaces, if desired Walkable to the entire Downtown submarket within 10 minutes Opportunity for nearby parking and possible valet The asset is owned by a partnership between TIAA and Ivanhoe Cambridge, two large global real estate industry leaders with a long-tem view of this property

3 LO CAT I O N O V E RVIEW The immediate Downtown submarket is one of the most active districts in New England, boasting the region s highest pedestrian count. Recent PAUL Bakery at One Boston Place office deals with BNY Mellon, Sonos, Carbonite, Arnold (Havas) and many more have further strengthened this neighborhood. Residential activity is robust with the most expensive condo at Millennium Tower under agreement ($37M at time of production) in addition to boasting 90% of the 442 units have been sold. Millennium Tower will be the tallest residential building in Boston. This project is complemented by other nearby luxury residential projects Millennium Place (256 units), 45 Province Street (145 units), The Residences at the Ritz (209 units), The Residences at the W Hotel (123 units) and many, many more. Recent retail transactions have been a huge boost of strength to this neighborhood. Wildly successful openings include grocer Roche Bros., apparel giants Primark and Forever 21 (coming soon), and new dining selections such as Pret A Manger, PAUL Bakery, Caffé Nero, LX by Legal Seafoods and Clover among several others. The Burnham Building, Primark & Roche Bros. (Millennium Tower behind) One Boston Place from State Street

4 DOWNTOWN DEMOGRAPHICS 0.25 MI. 0.5 MI MI. 1 MILE 2015 EST. POPULATION 1,943 20,549 41,413 49,699 HIGHLIGHTS 2015 EST. HOUSEHOLDS 1,026 11,123 22,021 26,199 NEW ENGLAND AQUARIUM ROWES WHARF 2015 EST. AVG. HOUSEHOLD INCOME $128,425 $123,802 $116,802 $116,675 RESIDENTIAL Millennium Place: 256 luxury, residential units Millennium Tower 60 stories, tallest building in Boston 442 luxury condominiums, $1.5B in condominium sales 95,000 SF retail FANEUIL HALL/ QUINCY MARKET MARRIOTT LONG WHARF ONE BOSTON PLACE MARRIOTT CUSTOM HOUSE 28 STATE STREET ROSE KENNEDY GREENWAY 45 PROVINCE POST OFFICE SQUARE FINANCIAL DISTRICT MILLENNIUM TOWER 60 STORIES, 442 CONDOS ($1.5B IN CONDO SALES), 95,000 SF RETAIL THE FEDERAL RESERVE BANK OF BOSTON 2015 EST. DAYTIME POPULATION SOUTH STATION (MBTA/AMTRAK) 84, , , ,775 RETAIL The Burnham Building PRIMARK: 77,000 SF, first U.S. location ROCHE BROS: 25,000 SF, first urban Boston location/format HOTEL The Godfrey Hotel Boston Opened in Fall 2015 on Washington Street (formerly Black and Amory office buildings) 242-key, upscale boutique hotel aimed at young/tech guests UNIVERSITIES & COLLEGES Suffolk University and Emerson College make up over 1 MSF of real estate in Downtown Crossing (over 50+ colleges and universities Greater Boston) 28 STATE STREET CITY HALL PLAZA/ GOVERNMENT CENTER 60 STATE STREET THE OCEANAIRE SEAFOOD ROOM RUTH S CHRIS STEAK HOUSE OMNI PARKER HOUSE HOTEL NO. 9 PARK SCHOLAR S MAST BOSTON SPORTS CLUB NINE ZERO SUFFOLK UNIVERSITY LAW SCHOOL T.J. MAXX MARSHALL S HIGHBALL LOUNGE H&M DSW YVONNE S SUPPER CLUB GAP OUTLET DOWNTOWN CROSSING STODDARD S RESTAURANT J.M. CURLEY S THE BURNHAM BUILDING FORMER FILENE S BASEMENT, HAVAS/ARNOLD WORLDWIDE PRIMARK (1ST U.S. LOCATION) ROCHE BROS. MACY S 49 SOCIAL PAPAGAYO HYATT REGENCY SALVATORE S BOSTON OPERA HOUSE MILLENNIUM PLACE NEW, 256 LUXURY RESIDENTIAL UNITS LEGAL CROSSING CAFFÉ NERO SIP WINE BAR THE RITZ CARLTON BOSTON COMMON EQUINOX ARTISAN RESTARANT BLU RESTAURANT THE KENSINGTON RECREATION Short walk to multiple public parks (Rose Kennedy Greenway, Dewey Square, Boston Common, Post Office Square) MASSACHUSETTS STATE HOUSE BOSTON COMMON THE GODFREY RECENTLY OPENED, 242-KEY, UPSCALE BOUTIQUE HOTEL (YOUNG/TECH GUESTS) AMC THEATRE BOSTON COMMON THEATRE DISTRICT

5 RETAIL R E C E N T A D D I T I O N S RESIDENTIAL HOTEL M AR KET FRA NKL TR IN S RS TRE ET EET TE S TA EET SUM ME STR ARCH H WA S INGT ON S T TREE STRE ET RADIAN BOSTON 95,000 SF RETAIL MILLENNIUM TOWER CO URT STR EE T ONE BOSTON PLACE MILLENNIUM PLACE HIN G TO NS TR EET ER S TRE ET WA S WINT TO OFFICE YVONNE S SUPPER CLUB THE KENSINGTON LEGAL CROSSING

6 FLOOR PLANS 20-foot ceilings (variable) Restaurant-ready with utilities planned in space Bright, windowed-space COURT SQUARE COURT STREET AMES HOTEL PROPOSED PATIO AREA KING S STREET TAVERN (60 STATE STREET) 28 STATE STREET Proposed outdoor seating GLASS FAÇADE (TBD) 4,539 SF 7,086 SF AVAILABLE (MEZZANINE LEVEL) TO STREET LEVEL 7,086 SF 4,539 SF AVAILABLE (STREET LEVEL) ACCESS TO MAIN LOBBY TO MEZZANINE BNY MELLON BRANCH OLD STATE HOUSE (53 STATE STREET) DIRECT ACCESS TO LOADING DOCK AND TRASH SHARED LOADING DOCK OFFICE LOBBY WASHINGTON STREET PRET A MANGER STARBUCKS MEZZANINE LEVEL STREET LEVEL

7 FOR MORE INFORMATION JEREMY GROSSMAN Senior Vice President/Partner ANDREA DESIMONE First Vice President CB Richard Ellis N.E. Partners, LP, a CBRE Joint Venture CBRE/NEW ENGLAND 33 ARCH STREET, FLOOR 28 BOSTON, MA , FAX CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.