Medical Office Bldg. 340 Thompson Road Webster, MA. presented by Matthew Mayrand NAI Glickman Kovago & Jacobs

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1 Medical Office Bldg. 34 Thompson Road Webster, MA presented by Matthew Mayrand NAI Glickman Kovago & Jacobs tel cell fax

2 Property Summary The property at 34 Thompson Road in Webster, MA is an on-campus 25, sf medical office center at Harrington Hospital -- a Harrington Healthcare System facility -- and is located 6 miles southwest of Boston, on the northeast border of Connecticut. Harrington Healthcare System operates 114 beds across the northeast with $129M of net revenue. The owner owns the improvements and is subject to a ground lease. Overview Address 34 Thompson Road Webster, MA Lot Size.57 acres Year Constructed Assessed Market Value $2,172,5 Asset Type Commercial Primary Property Type Office Primary Property Sub-Type Medical Occupancy 1% Index of Leases Office Lease: November 21, 1994 By and between: Hubbard Health Systems, Inc. ( Tenant ) and Fallon Clinic, Inc. ( Landlord ). Re: 5, square feet of office space. Term: ninety-nine (99) years Ground Lease: November 21, 1994 By and between: Hubbard Health Systems, Inc. ( Landlord ) and Fallon Clinic, Inc. ( Tenant ). Term: ninety-nine (99) years Ground Lease Consent & Estoppel Certificate: May 9, 1997 By: Hubbard Health Systems, Inc. ( Landlord ) to and for the benefit of MOB Realty Trust Assignment and Assumption of Land Lease: May 14, 1997 By: Lakeside Realty Company ( Assignor ) and MOB Realty Trust ( Assignee ) 2

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4 Site Plan Property Summary 4

5 Rent Roll Database: CBRECLIENT Rent Roll Page: 1 Bldg Status: All FALLON CLINCS 8 1/31/217 Date: Time: 2/7/217 1:42 PM Bldg Id-Suit Id Lease ID GLA Occupant Name Rent Start Expiration Sqft Monthly Base Rent Annual Rate PSF Monthly Cost Recovery Expense Monthly Future Rent Increases Stop Other Income Cat Date Monthly Amount PSF Occupied Suites GBB Reliant Medical Group, Inc. 8/1/28 5/31/219 25, 19, RNT 5/15/217 2, RNT 5/15/218 2, Totals: Occupied Sqft: 1.% 1 Units 25, 19, Leased/Unoccupied Sqft: Vacant Sqft: Total Sqft: 1 Units 25, 19,615.9 Total FALLON CLINCS 8: Occupied Sqft: 1.% 1 Units 25, 19, Leased/Unoccupied Sqft: Vacant Sqft: Total Sqft: 1 Units 25, 19,615.9 Grand Total: Occupied Sqft: 1.% 1 Units 25, 19, Leased/Unoccupied Sqft: Vacant Sqft: Total Sqft: 1 Units 25, 19,

6 Financials Income Summary Database: ENTITY: Accrual Report ID: CBRECLIENT GBB1 CB_CMPINC# Comparative Income Statement Hudson Income Summary CBRE CLIENT CHART FALLON CLINCS 8 Report includes an open period. Entries are not final. Page: Date: Time: 1 2/7/217 1:41 PM Thru: Current Period Year-To-Date Actual Budget Actual Budget Jan 217 Jan 217 Variance Jan 217 Jan 217 Variance INCOME REVENUE 44 OPRTNG INCM-Rentl-Commrcl 19, ,616. (.1).% 19, ,616. (.1).% TOTAL REVENUE 19, ,616. (.1).% 19, ,616. (.1).% TOTAL INCOME 19, ,616. (.1).% 19, ,616. (.1).% INSURANCE EXPENSES 5441 OPEX-Property Insurance % % TOTAL INSURANCE EXPENSES % % MANAGEMENT EXPENSES 5495 OPEX-Property Management 2,5. 2,5...% 2,5. 2,5...% TOTAL MANAGEMENT EXPENSES 2,5. 2,5.. 2,5. 2,5.. G&A EXPENSES 5497 OPEX-General & Admin 3.5. (3.5).% 3.5. (3.5).% TOTAL G&A EXPENSES 3.5. (3.5) 3.5. (3.5) OTHER OPERATING EXPENSES 5329 Othr EXPNS - Bank FEE % % TOTAL OTHER OPERATING EXPENSE % % TOTAL EXPENSES 2, , % 2, , % NET OPERATING INCOME 16, , % 16, , % 6

7 Property Summary Property Aerials & Map 7

8 Property Summary 8

9 Property Summary 15 minutes 1 5 minutes 9

10 About Webster, MA Webster, MA is a medium-sized community located in south central Massachusetts. The town was founded in1832 and was primarily an industrial center due to its abundant water supply. Textiles and shoe factories flourished resulting in a diverse ethnic population. The town is 18 miles south of Worcester, 56 miles southwest of Boston, 33 miles northwest of Providence, RI and 16 miles from New York City. I-395 connects Webster to Mass Turnpike( I-9) and I-29. Executive Summary The Commerce Insurance Company, a property and casualty insurance subsidiary of MAPFRE U.S.A. Corp., was founded in Webster in 1972 to provide independent agents access to a company focused on agents and their customers' personal lines insurance needs. Webster has seen extensive of retail development in recent years including a new neighborhood shopping center anchored by Price Chopper supermarket, Panera Bread, O'Reilly's Auto parts, Mexicali Fresh, Super Cuts, Dollar Tree, and Advanced Auto. 1

11 Market Overview Outlying Worcester Submarket Overview Vacancy Rate 11