McCLATCHY COLUMBIA, SOUTH CAROLINA Sale / leaseback with 15-YEAR NNN LEASE 265,000 SQ. FT. on 22.35 AC. McClatchy publishes $17,000,000 30 DAILY NEWSPAPERS in 29 U.S. markets 9.49% capitalization rate Offering Memorandum Central Business District (7 minutes away) University of South Carolina State Fairgrounds USC Football Stadium Estes Express Lines Velvetex Carolina Eastern G&E Appliance Parts Center RR Donnelley SCDOT Shealy Leasing McCLATCHY COLUMBIA, SOUTH CAROLINA INVESTMENT CONTACT LOCAL MARKET CONTACTS Randy Getz Ben Brantley, SIOR Executive Vice President Vice President T +1 916 446 8287 T +1 803 744 6855
[email protected] benjamin.brantley@cbre com 500 Capitol Mall Martin Moore, SIOR, CCIM Suite 2400 Senior Vice President Sacramento, CA 95814 T +1 803 744 6842 martin
[email protected] 1333 Main Street Suite 210 Columbia, SC 29201 COLUMBIA, SOUTH CAROLINA EX ECUTIV E SUMMARY THE STATE (COLUMBIA, SC) THE OFFERING CBRE, Inc., as exclusive advisor, is pleased to offer for sale a 265,000 square foot building on 22 acres which houses the administrative and production facilities of The State newspaper in Columbia, South Carolina. The property is owned by a wholly-owned subsidiary of The McClatchy Company (NYSE American: MNI), a media company that operates 30 daily newspapers in 29 markets and numerous digital media entities including websites, mobile apps, mobile news and advertising services, niche publications, direct marketing and direct mail services, and non-daily community newspapers. McClatchy was founded in 1857 and is headquartered in Sacramento, California. The State property is priced at $17,000,000 which represents an initial capitalization rate of 9.49%.