Capital Markets | Institutional Group

15 LaSalle Square

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Providence, Rhode Island

f o R S a l E : a 13 5 ,9 0 8 S f C l a S S a o f f I C E B u I l d I n g, 10 0 % n n n l E a S E d t o h a S B R o I n C ., a B B B+ C R E d It- R atE d tE n a nt

E xC luSI v E In v E Stm E nt SalE oppoR tunIt Y

15 LaSalle Square

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Providence, Rhode Island

f o R S a l E : a 13 5 ,9 0 8 S f C l a S S a o f f I C E B u I l d I n g , 10 0 % n n n l E a S E d t o h a S B R o I n C . , a B B B+ C R E d It- R atE d tE n a nt

InvEStmEnt ovERvIEw
The CBRE Capital Markets team has been retained to act as

the Exclusive Agent for the marketing and sale of 15 LaSalle Square in Providence, Rhode Island. The property is a highly visible headquarter-quality asset, located approximately 500 feet from the Interstate 95 on-ramp and in the heart of downtown Providence. This offering represents a unique opportunity for investors to acquire a 135,908 square foot, six-story, Class A office building with a brand new 12-year net lease to Hasbro, Inc. (S&P: BBB+) through approximately January 2025.

ClaSS a hEadquaRtER-qualIt Y BuIldIng

15 LaSalle Square is a Class A headquarter-quality asset that is currently 100% NNN leased to Hasbro, Inc. The property is being extensively renovated by the tenant and upon completion, Hasbro has indicated intentions to seek LEED certification. The new 12-year lease with Hasbro includes $1,562,272 in landlordfunded base-building work, as well as $6,795,400 in landlordfunded tenant improvements. In addition to the above referenced landlord-funded renovations, the tenant is investing substantial funds into the renovations and upgrades. The building is comprised of 135,908 SF of Class A office space located on six floors with an underground parking garage. 15 LaSalle Squares premier downtown location is within walking distance

InvEStmEnt hIghlIghtS
Estimated Year 1 NOI of $2,106,574 135,908 square foot, six-story, Class A headquarter-quality building 100% NNN leased to Hasbro, Inc. (NASDAQ: HAS) through approximately January 2025 60 underground parking spaces with additional parking available in public and private garages and lots in the immediate area Floor plates ranging from 21,78326,593 rentable square feet Headquarter location with immediate access to Interstate 95 and centrally located in downtown Providence Proximate to the Rhode Island Convention Center, the Dunkin Donuts Center, Providence Place Mall, and numerous hotels and restaurants Over $1.56 million in landlord-funded base-building work and over $6.79 million in landlord-funded tenant improvements, as well as additional tenant renovations and upgrades currently underway, which collectively will result in substantial renovations throughout the majority of the building

to numerous amenities including the Dunkin Donuts Center, the Rhode Island Convention Center, Providence Place Mall, Waterpark Place, Kennedy Plaza, Trinity Repertory Theater Company, Amtrak and MBTA transportation centers, as well as several hotels and restaurants.

pRopERt Y dESCRIptIon
Address Property Type Building Area 15 LaSalle Square Providence, Rhode Island Six-story, Class A office building 135,908 SF 1.04 acres 60 spaces in the lower-level garage; adjacent to several public parking garages

CREdIt tEnanC Y
Founded in 1923, with over 5,700 employees worldwide and a BBB+ S&P credit rating, Hasbro Inc. (NASDAQ: HAS) is a branded play company that provides toys and entertainment offerings to children and families throughout the world. As a producer of such childhood favorites as G.I. Joe, Mr. Potato Head, My Little Pony and Transformers, Hasbro also makes board games under its Milton Bradley, Parker Brothers and Cranium brands. In an effort to further increase its digital brand visibility, Hasbro teamed with Discovery Communications in 2010 to launch a multi-platform joint venture known as The Hub. This platform brings kids and their families together and provides games, movies, puzzles and television shows. Hubworld.com is a playful and transformative site where kids and families can explore endless play-driven opportunities. The Hub, and its digital media ventures, is just one of many industries into which Hasbro is continually expanding.

Total Land Area Parking

fInanCIal SummaRY
CBRE has analyzed the financial position of 15 LaSalle Square based on current and projected income and expenses. The estimated in-place net operating income for the year ending January 31, 2014 is approximately $2,106,574.

pRICIng
15 LaSalle Square is being offered for sale without a formal asking price. Once qualified investors have had an opportunity to thoroughly review the Offering Memorandum, CBRE will schedule a call for offers.

Capital Markets | Institutional Group For more information, please contact:

Alden Anderson, Jr.
401.621.4338 alden.anderson@cbre-ne.com

BroWn univerSit y

Providence Place Mall

kennedy Place

WeStin ri convention center

15 laSallE SquaRE
dunkin' donutS center

Providence, Rhode Island

Hilton

loCatEd In thE hEaRt of downtown pRovIdEnCE

15 LaSalle Square is located in downtown Providence with exposure to Interstate 95, which has a daily traffic count of 261,000 cars. Additionally, the property is directly across the street from the Providence Convention Center, which attracts over 312,000 visitors annually, and the Dunkin Donuts Center, home to the Providence College Friars and the Providence Bruins, attracting 800,000 visitors annually. 15 LaSalle Square is also a short distance from Kennedy Plaza, the downtown transportation hub (45,000 passengers daily) and the Providence Train Station (1,300 Amtrak passengers and 2,700 MBTA passengers daily). The location of the property is also close to the campuses of Brown University, Johnson & Wales University, Rhode Island School of Design (RISD) and University of Rhode Island/Providence Campus. The property has several private and public supplemental parking options a short distance from its entrance with over 5,000 parking spaces within a quartermile radius. Providence, the capital of Rhode Island and the second-largest city in New England, is home to approximately 175,000 residents and marks one of the largest commercial, medical and financial hubs in New England.

Bill Moylan
617.912.7029 bill.moylan@cbre-ne.com

Kevin Huther
617.912.6934 kevin.huther@cbre-ne.com

Andrew Galvin
401.330.1915 andrew.galvin@cbre-ne.com

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2012 CBRE, Inc. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make 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.