Portfolio Overview

Our Portfolio of Assets

The portfolio of Manulife US REIT comprises five office properties in the United States, with an aggregate net lettable area of 2,983,576 sq ft.

Portfolio consists of Figueroa in Los Angeles, Michelson in Irvine, Peachtree in Atlanta, Plaza in Secaucus, and Exchange in Jersey City.

Portfolio Summary (As at 31 Dec 2017)
Total Valuation1 US$1.3 billion
Total Net Lettable Area (sq ft) 2,983,576 sq ft
WALE (by NLA) 5.7 years
Occupancy 95.9%
Land Tenure 100% Freehold
Number of Tenants 100
  • Based on appraisals as at 31 Dec 2017, CBRE for Michelson, Figueroa and Peachtree; C&W for Plaza; and Colliers for Exchange.

Our Properties


865 South Figueroa Street
Los Angeles, California

A 35-storey granite and reflective glass office tower located in Downtown Los Angeles, California in the immediate vicinity of entertainment venues including LA Convention Center, Staples Center and LA Live.

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3161 Michelson Drive
Irvine, California

A state-of-the-art 19-storey, high-rise Trophy office building strategically located between Los Angeles and San Diego, surrounded by hotels, high-end condominiums and apartments, restaurants, and a wide range of retail options.

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1100 Peachtree Street
Atlanta, Georgia

A 27-storey Class A office building located in a prominent location on Peachtree Street within the Midtown submarket of metropolitan Atlanta. The building's amenities include a high-end seafood restaurant, a sandwich cafe, news and sundries shop, a brand new fitness centre and a large conference centre.

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500 Plaza Drive,
Secaucus, New Jersey

Plaza is a 11-storey Class A office building with 461,525 sq ft of leasable area, located in Secaucus, New Jersey. The Property underwent major refurbishment in 2015 and 2016, with improvements to the amenities and substantial upgrades to the finishes and grounds.

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10 Exchange Place
Jersey City, New Jersey

Exchange is located at 10 Exchange Place in Jersey City, New Jersey, with outstanding transportation links through interstate highways and three major airports, Newark, LaGuardia and John F. Kennedy. The property allows tenants to step out and travel directly to NYC through Exchange Place Station (PATH) in 10 minutes,

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Portfolio Statistics

As at 31 Dec 2017 Figueroa Michelson Peachtree Plaza Exchange
Location Los Angeles Irvine Atlanta Secaucus Jersey City
Usage Office Office Office Office Office
Land Tenure Freehold Freehold Freehold Freehold Freehold
Completion Year 1991 2007 1991 1985 1988
Parking Stalls 841 2,744 1,221 1,474 467
NLA (sq ft) 701,978 532,663 556,587 461,525 730,823
Valuation (US$ million)1 326.0 342.0 194.2 118.0 332.6
WALE by NLA (years) 4.9 4.4 5.8 8.3 5.5
Number of Tenants 28 15 25 7 25
Occupancy Rate2 92.9% 96.5% 96.8% 98.9% 95.7%


  • Based on appraisals as at 31 Dec 2017, CBRE for Michelson, Figueroa and Peachtree; C&W for Plaza; and Colliers for Exchange.
  • Committed occupancy as at 31 Dec 2017.