executive summary OFFERING SUMMARY 24 CHARTER STREET

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2 executive summary Colliers International is pleased to offer for sale the Natola Portfolio a unique two-building value-add investment opportunity located in the heart of Boston, Massachusetts. 24 Charter Street, a five story six (6) unit apartment building, is well-located in Boston s historic North End Pearl Street, a 5 story 7,500 square foot class B office building, is prominently situated on the Rose Kennedy Greenway in the Financial District. Currently 100% leased at below-market rates, the buildings provide stable near-term cash flow and tremendous future upside opportunity through repositioning, conversion and/or redevelopment. 24 Charter Street is ideally located in the iconic North End, one of Boston s most sought-after residential neighborhoods. The property features large units, abundant natural light, three sides of windows, and a prime location one block from Hanover Street, Commercial Street, and the Boston Harbor waterfront. The North End is a preferred neighborhood for professionals and offers exceptional amenities and walkability, including an easy commute by foot to top employers throughout the Financial District and neighborhoods beyond. In addition, the neighborhood is easily accessible by public transit (MBTA - all lines), water taxis, I-90 (the Mass Pike), and I PEARL STREET OFFERING SUMMARY Rentable Area* Lot Area** # Floors Year Built Percent Leased Zoning District PEARL 7,500 +/1,807 +/5 (incl. basement level) c % B-10 * Estimates / **Per public record 24 CHARTER 5,000 +/1,299 +/5 (incl. garden level) c % MFR Pearl Street is exceptionally well located in Boston s Financial District. The boutique building is surrounded by Class A office towers and is convenient to the MBTA at South Station, the Seaport District, Faneuil Hall, the North End and numerous hotels, restaurants, and bars. The building occupies an irreplaceable end-cap position fronting onto the Rose Kennedy Greenway, which provides the 7,500 square foot building with incredible visibility, prominence and potential signage/branding opportunity for future tenants Pearl Street is poised for a multitude of value creation strategies, including a mark-to-market of the existing below-market leases, renovation and delivery of brick and beam character space, conversion to residential use, expansion or complete redevelopment of the property to utilize the full FAR potential of the site (approx. 18,000 SF). PRICING & PROCESS: The Natola Portfolio is offered for sale on an as-is basis and without a formal asking price. Investors are invited to submit bids for either or both properties in the portfolio. Once investors have had an opportunity to review the offering materials and tour the properties, Colliers will schedule a Call for Offers date. For additional information, please visit natolaportfolio.colliers.com.

3 investment highlights CORE LOCATIONS The Natola Portfolio buildings are situated in the heart of Boston s most desirable neighborhoods the Financial District and North End. The properties are proximate to public transit routes and major highways serving the City of Boston, providing direct and easy access to Beacon Hill, Faneuil Hall, Downtown Crossing, the Seaport and surrounding suburban communities. COMPELLING VALUE ADD OPPORTUNITY Owned and operated by the same family for 40+ years, the buildings are perfectly positioned for revitalization with below market rents and flexible leases in-place. Each property offers a multitude of value-add strategies, including CHARTER Renovation & mark-to-market Condo conversion PEARL Mark-to-market Rehab to character brick and beam space Residential conversion Expansion Development Assemblage Tenant/user opportunity ACCESS TO TRANSPORTATION & EMPLOYMENT CENTERS PEARL STREET FAR/Development Potential The properties boast convenient access to a variety of major roadways and MBTA Stations Pearl Street is proximate to South Station and Atlantic Avenue, which connects the city to major thoroughfares I-90 and I Charter Street is accessible to Haymarket Station, which hosts Green and Orange Line connections, and is proximate to I-93. By-Right Current Building Unused FAR QUALITY NEIGHBORHOOD AMENITIES The properties are close to countless desirable amenities in their respective neighborhoods Pearl Street is adjacent to the Rose F. Kennedy Greenway Park and is two blocks from Post Office Square Park. The property is close to many of the city s best restaurants, including Nebo, Trade, Palm, and numerous Financial & Seaport District bars and restaurants. 10.0; approx. 18,000 SF 4.2; approx. 7,500 SF Approx. 10,500 SF CURRENT RENT VS MARKET RENT Current/In-place Rent (Avg) Market Rent (Avg) % Below Market Wtg Avg Lease Term The North End is well known for it s Italian-American heritage and thriving restaurant scene. 24 Charter Street is located on a quiet side street just moments from a plethora of restaurants, shopping, entertainment venue, in addition to public transit and some of the country s most visited tourist attractions, including the Old North Church, Faneuil Hall, and Beacon Hill. PEARL $26.00 $ % <1 year CHARTER $2,400 $3,200 25% <1 year

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5 TEAM LEADER Jim Elcock MULTI-FAMILY INVESTMENT SALES Christopher Sower Bruce Lusa Jonathan Bryant John Flaherty INVESTMENT SALES Scott Dragos Tim Mulhall FINANCING Tom Welch