CONTENTS

TRANSWESTERN Overview TRADE AREAS 290 Corridor Atascocita Houston Facts Baybrook Top 10 U.S. Most Populous Cities Bellaire | Meyerland Fortune 500 Companies Conroe Top 20 Houston Area Employers Copperfield Malls 5 Mile Population Estimates Cypress Trade Areas 5 Mile Population Estimates Galleria | Uptown Humble DEMOGRAPHIC MAPS Population Density Inner Loop Median Household Income Katy Education Density Kingwood Daytime Population Density Memorial | Spring Branch Pasadena | Deer Park RETAIL MAPS Malls & Lifestyle Centers Pearland Major Discount Retailers Royal Oaks Bookstores & Electronics Sugar Land | City Hard Goods Retailers Tomball Soft Goods Retailers Westchase | Westheimer Grocery Retailers Willowbrook The Woodlands TRANSWESTERN RETAIL Retail real estate means much more than available square footage. Like the retail sector itself, real estate in this market is dynamic and multi-faceted on all levels. The right combination of visibility, foot traffic and proximity to complimentary tenants are what retailers are looking for. Ultimately, they seek the perfect site to access and attract clientele. Success demands a specialized point of view and sensitivity ranging from identifying strategies that best suit the market to specific categories within retail.

Transwestern’s Retail Group is passionate about solving your real estate needs. Our market knowledge is second to none on all levels: local, regional and national. Thus, we are able to anticipate solutions that will help you make the most effective and efficient real estate decisions to meet and exceed your corporate objectives.

We’re creative in our solutions and are consistent with our service. The clients’ ideals, goals, and needs come first.

TRANSWESTERN Transwestern is a national, privately-held operating company specializing in commercial real estate services, investment and development. The firm’s fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts. Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates. FORTUNE 500 COMPANIES (Headquartered in the Area) COMPANY FORTUNE 500 RANK CITY REVENUES ($ MILLIONS) ConocoPhillips 4 Houston 184,966.0 Houston is the fourth most populous city in the ranking with a population of 29 Houston 68,413.0 2,099,451 behind only City, Los Angeles and Chicago and is the largest city in the Sysco 67 Houston 37,243.5 southern U.S. with an MSA population of 6.1 Million Enterprise Products Partners 80 Houston 33,739.3 Plains All American Pipeline 99 Houston 25,893.0 Halliburton 144 Houston 17,973.0 Houston is home to the world headquarters of more Fortune 500 companies than any city in the Baker Hughes 170 Houston 14,414.0 United States other than New York City. Waste Management 196 Houston 12,515.0 National Oilwell Varco 202 Houston 12,156.0 Apache 206 Houston 12,092.0 Houston is the energy capital of the world. Anadarko Petroleum 223 The Woodlands 10,984.0 KBR 242 Houston 10,099.0 Houston is home to the world’s largest medical center which employs over 160,000 people and CenterPoint Energy 279 Houston 8,785.0 creates an economic impact of over $14 billion. These facilities, which encompass over 40 million Kinder Morgan 294 Houston 8,190.6 Enbridge Energy Partners 309 Houston 7,736.1 square feet, experience over 6 million patient visits a year to the Medical Center. Calpine 349 Houston 6,637.0 Cameron International 375 Houston 6,134.8 Houston is the second largest port in the United States in terms of total tonnage and is the EOG Resources 377 Houston 6,099.9 Frontier Oil 389 Houston 5,884.9 nation’s largest port in terms of foreign tonnage. Group 1 Automotive 413 Houston 5,509.2 Targa Resources 416 Houston 5,469.2 Houston is home to the second largest petro-chemical complex in the world. Spectra Energy 441 Houston 5,071.0 El Paso 481 Houston 4,616.0 Source: CNN Money

POPULATION DENISTY TOP 10 U.S. MOST POPULOUS CITIES TOP 20 HOUSTON AREA MALLS 5 MILE TRADE AREAS 5 MILE By County 2011 POPULATION ESTIMATES 2011 POPULATION ESTIMATES Rank City Population EMPLOYERS Stores 30,535 278,298 290 Corridor 278,574 1 New York City, NY 8,175,133 Memorial Hermann 180,064 Atascocita 106,978 20,990 2 Los Angeles, CA 3,792,621 Healthcare System 111,267 Baybrook | 180,030 3 Chicago, IL 2,695,598 Administaff Inc. 17,511 Mall 215,297 Bellaire | Meyerland 462,601 4 Houston, TX 2,099,451 University Of Texas M.D. Galleria 258,820 Conroe 63,151 17,295 5 , PA 1,526,006 Anderson Cancer Center 254,121 Copperfield 269,728 Continental Airlines 16,643 6 Phoenix, AZ 1,445,632 Mall Of The Mainland 60,421 Cypress 118,927 Kroger Co. 15,117 364,597 Galleria | Uptown 456,915 7 , TX 1,327,407 Exxon Mobil Corp. 14,356 365,968 Humble 111,854 8 San Diego, CA 1,307,402 HEB Grocery Co. 13,575 Pasadena Town Square 272,662 Inner Loop 449,311 New York 9 , TX 1,197,816 The Methodist Hospital 12,408 82,859 Katy 187,359 Chicago System Philadelphia 10 San Jose, CA 945,942 PlazAmericas 542,050 Kingwood 103,688 Shell Oil Co. 11,000 San Jose Source: U.S. Census Bureau, 2010 Census Park Shops 389,820 Memorial | Spring Branch 364,210 Baylor College of Medicine 9,023 308,451 Pasadena | Deer Park 258,758 CVS Caremark 8,425 Average number of people Willowbrook Mall 288,550 Pearland 124,106 HCA 8,233 Los Angeles 300.0 or more Woodlands Mall 126,776 Royal Oaks 308,304 University of Texas Medical 200.0 to 299.9 8,116 Source: 2011 AGS Demographic Estimates Sugar Land | Missouri City 215,719 San Diego Phoenix Branch 100.0 to 199.9 Tomball 64,759 Dallas 50.0 to 99.9 The Dow Chemical Co. 7,935 Westchase 490,341 10.0 to 49.9 National Oilwell Varco 7,746 Willowbrook 288,262 San Antonio Less than 10.0 Texas Children’s Hospital 7,340 The Woodlands 132,538 U.S. density: 87.4 BP America 7,300 Houston Source: 2011 AGS Demographic Estimates St. Luke’s Episcopal Health 7,115 System JP Morgan Chase 7,000 Note: Population density expressed as average number of people per square mile of land area. Source: www.ctot.com Source: U.S. Census Bureau, 2010 Census. POPULATION DENSITY The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof MEDIAN HOUSEHOLD INCOME The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof EDUCATION DENSITY The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof DAYTIME POPULATION DENSITY The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof MALLS & LIFESTYLE CENTERS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof MAJOR DISCOUNT RETAILERS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof BOOKSTORES & ELECTRONICS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof HARD GOODS RETAILERS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof SOFT GOODS RETAILERS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof GROCERY RETAILERS The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof HOUSTON TRADE AREAS Detailed trade area aerials and retail overviews

290 Corridor

Atascocita

Baybrook

Bellaire | Meyerland

Conroe

Copperfield

Cypress

Galleria | Uptown

Humble

Inner Loop

Katy | Cinco Ranch

Kingwood

Memorial | Spring Branch

Pasadena | Deer Park

Pearland

Royal Oaks

Sugar Land | Missouri City

Tomball

Westchase

Willowbrook

The Woodlands

Click links above to jump to Trade area

RETURN TO TABLE OF CONTENTS 290 CORRIDOR This area is bounded on the north by Fallbrook Drive, on the south by FM 529, on the east by Beltway 8, and on the west by Huffmeister Road. 3 MILE RADIUS The Highway 290 Corridor is an established trade area made up 2011 ESTIMATED POPULATION: 106,904 of multiple master-planned subdivisions that developed during the late 1980s and early 1990s. Commercially there is a significant 2011 AVERAGE INCOME: $83,565 concentration of light industrial and office buildings and a growing 2011 MEDIAN INCOME: $74,518 medical services presence. GROWTH PROJECTION (2011-2016): 2.0%

The typical household in this trade area is valued between $200,000 and $450,000 and is supported by dual incomes. Education levels 5 MILE RADIUS range from high school graduates to college graduates, and the 2011 ESTIMATED POPULATION: 278,574 majority of the residents in the area work in white or blue collar jobs 2011 AVERAGE INCOME: $89,135 at the nearby industrial and office buildings. 2011 MEDIAN INCOME: $77,693 Quiet, safe neighborhoods with reasonable home values and close GROWTH PROJECTION (2011-2016): 2.1% proximity to a steady job market draw people to live and work in this trade area.

Unlike most trade areas in Houston, there is no single specific retail hub that serves the entire Highway 290 Corridor. Instead, big box and neighborhood shopping centers scattered along Highway 290, Jones Road, State Highway 6, and FM 1960 make up the retail component of the overall trade area. Although there is no regional mall, Willowbrook Mall and Memorial City Mall are both less than eight miles from the area.

Moderate infill growth is expected in the future for this trade area, but there is not significant land left for any additional residential development.

RETURN TO TRADE AREAS LIST 290 CORRIDOR TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof ATASCOCITA This area is bounded by to the North and East, Beltway 8 to the South, and Wilson Road. to the West.

Atascosita experienced residential growth mainly due to its close proximity to Downtown. It is a residential based community with 3 MILE RADIUS almost no office population. Humble was the original trade area 2011 ESTIMATED POPULATION: 52,489 in this part of Houston. Kingwood was a new development that 2011 AVERAGE INCOME: $105,813 entered the area, and the growth expanded into Atascosita. 2011 MEDIAN INCOME: $93,284 GROWTH PROJECTION (2011-2016): 1.5% Most residents in this area are lower-to-middle income white families who cannot afford the home prices in Kingwood. Higher income blue-collar jobs and lower income white-collar jobs support 5 MILE RADIUS these households. A downside of this community is its location in 2011 ESTIMATED POPULATION: 106,978 the landing path for Bush Intercontinental Airport where low-flying 2011 AVERAGE INCOME: $112,012 planes make their final descent all day. 2011 MEDIAN INCOME: $94,650 The appeal of living near the water on Lake Houston draws people GROWTH PROJECTION (2011-2016): 2.0% to the Atascosita area. Home prices are also very reasonable here compared to other recent developments in nearby areas. The road infrastructure and freeways create easy, quick routes to and from Downtown.

Initially, the need grew for retail to serve all the new residential communities. Atascosita retailers also serve people East of Lake Houston and in Kingwood who don’t want to travel all the way to Humble to do their shopping. Big box retailers, banks, and chain restaurants make up much of the retail near the main intersection, Lake Houston Parkway and FM 1960. However, this main hub is reaching its maximum capacity, which could lead to some of the older retail centers being redeveloped.

RETURN TO TRADE AREAS LIST ATASCOCITA TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof BAYBROOK This area is bounded by Fairmont Parkway on the north, on the east, FM 517 on the south, and State Highway 35 on the west.

Bay Area | Baybrook | Clear Lake includes a part or all of ten separate 3 MILE RADIUS municipalities including: Friendswood, Kemah, League City, Nassau Bay, 2011 ESTIMATED POPULATION: 78,524 Seabrook, Webster, Clear Lake Shores, El Lago, Village and Pasadena. 2011 AVERAGE INCOME: $72,036 2011 MEDIAN INCOME: $63,977 This area came to life 40 years ago with the development of NASA’s GROWTH PROJECTION (2011-2016): 1.6% . NASA and related aerospace businesses employ more than 15,000 people; however, the majority of the 400,000 people who call this area home work in other commercial sub-markets around Houston. 5 MILE RADIUS 2011 ESTIMATED POPULATION: 180,030 Demographically, this trade area is a family-oriented, homogenous $92,838 community, with residents having relatively high incomes and education 2011 AVERAGE INCOME: levels. and the both have 2011 MEDIAN INCOME: $79,879 campuses here. GROWTH PROJECTION (2011-2016): 1.4%

Much of the leisure appeal of the Bay Area can be attributed to Clear Lake and the direct access it provides to the Gulf of Mexico. More than 2 million tourists visit the Bay Area annually. The Johnson Space Center BAYBROOK MALL Houston attracts many visitors as well, and the “” is GLA: 1,240,000 square feet quickly becoming one of the state’s top entertainment destinations. RANKING: 2 The 19 marinas in Baybrook hold 7,000 boat-slips, making it the third by sales per square foot largest concentration of pleasure boats in the United States. OWNER: General Growth Properties

Baybrook Mall, owned by General Growth Properties, serves as the ANCHORS: Macy’s, Dillard’s, , major mall shopping venue and ranks as one of the top suburban malls JC Penney, Forever 21 in the area in sales per square foot ($650/sf in 2011). The majority of other retail in the area is in power centers, almost all of which were developed by CDC Houston. Occupancy remains high in all centers.

Clear Lake City itself is substantially built out residentially, but significant growth is expected in other areas, such as Friendswood and League City, resulting in new home and retail growth.

RETURN TO TRADE AREAS LIST BAYBROOK TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof BELLAIRE | MEYERLAND This area is bounded by on the north, Bellfort Street on the south, Chimney Rock Road on the west, and Stella Link Road on the east. 3 MILE RADIUS This trade area is a high-density with a significant amount of single family redevelopment occurring, particularly in 2011 ESTIMATED POPULATION: 176,766 the Bellaire area. Larger, more expensive homes are being built to 2011 AVERAGE INCOME: $105,266 replace older ones, and the average income in the area is increasing 2011 MEDIAN INCOME: $75,840 accordingly. Meyerland itself is a very solid, older neighborhood that GROWTH PROJECTION (11-16): 1.2% is also experiencing some redevelopment.

The residents in this trade area are a mixture of older longtime 5 MILE RADIUS residents, and young professionals moving to the area and building 2011 ESTIMATED POPULATION: 462,601 new homes. Overall, the neighborhoods are very family-oriented with predominately single family homes. 2011 AVERAGE INCOME: $91,222 2011 MEDIAN INCOME: $66,455 Much of the appeal of this area can be attributed to its highly rated GROWTH PROJECTION (11-16): 1.5% public schools. It also offers proximity to significant employment bases such as the Uptown | Galleria area and the . Generally speaking, non-resident visitation of the area is low due to a lack of unique cultural and retail destinations.

Meyerland is underserved from a retail standpoint. The intersection of Loop 610 and Beechnut Street is the only major retail hub with acting as the retail focal point. The balance of the trade area is characterized by older, small retail centers.

Steady residential replacement of existing homes with more affluent single family housing will continue to take place in Meyerland over the next few years.

RETURN TO TRADE AREAS LIST BELLAIRE | MEYERLAND TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof CONROE Conroe is bounded on the north by FM 1097, on the east by FM 1484, on the south by State Highway 242, and on the west by FM 149. 3 MILE RADIUS Conroe, located about 45 minutes north of , 2011 ESTIMATED POPULATION: 40,001 is considered a suburb of Houston. Although the City of Houston has developed up to Conroe, this small town still enjoys its 2011 AVERAGE INCOME: $55,384 independence. A substantial retail base is already present in the 2011 MEDIAN INCOME: $45,515 area. GROWTH PROJECTION (11-16): 2.6%

Most residents can be categorized as gray and blue collar workers, most of whom commute to work by traveling I-45 south into The 5 MILE RADIUS Woodlands, Greenspoint or Houston. Many Houstonians have 2011 ESTIMATED POPULATION: 63,151 second homes in Conroe, mainly to enjoy nearby Lake Conroe. 2011 AVERAGE INCOME: $66,310 Major master-planned communities around the lake are Bentwater, 2011 MEDIAN INCOME: $54,024 Del Lago, Walden and April Sound. GROWTH PROJECTION (11-16): 3.1% There are three major retail hubs in the area. They are at FM 2854 and I-45, Pease Road and I-45, and Loop 336 and I-45. There is no mall in the trade area, and power retail is predominant. Those residents who do want the mall shopping experience travel ten minutes south to .

Major thoroughfares serving the trade area include I-45, which runs through the middle of Conroe, Loop 336 encircling Conroe, and State Highway 105 and FM 1097 providing access to Lake Conroe. No major road construction is planned at this time.

RETURN TO TRADE AREAS LIST CONROE TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof COPPERFIELD This area is bounded on the north by Highway 290, on the south by Clay Road, on the west by Fry Road, and on the east by Eldridge Parkway. 3 MILE RADIUS The Copperfield trade area includes Copperfield, Bear Creek and 2011 ESTIMATED POPULATION: 130,897 several other older subdivisions to the south. Generally, the southern part of the trade area has lower incomes and the newer part to 2011 AVERAGE INCOME: $83,224 the north has higher incomes. All development stops just south of 2011 MEDIAN INCOME: $72,237 Clay Road because of the Barker Cypress Reservoir, which is in the GROWTH PROJECTION (11-16): 1.5% flood plain. The majority of home growth in the Copperfield area is moving west toward Barker Cypress Rd. 5 MILE RADIUS This trade area is primarily made up of middle to upper-middle income 2011 ESTIMATED POPULATION: 269,728 families whose primary wage earner works in a white collar job. The 2011 AVERAGE INCOME: $84,848 attractiveness of the area to residents includes its accessibility to 2011 MEDIAN INCOME: $74,393 several suburban employment centers and its relatively affordable housing. GROWTH PROJECTION (11-16): 2.2%

The major retail hub in the area is concentrated near State Highway 6 and FM 529, with over two million square feet of mostly power centers. For mall shopping, residents travel to Memorial City Mall or Willowbrook Mall. A secondary retail hub is located at State Highway 6 and Highway 290 where there is also a significant concentration of medical and professional buildings.

RETURN TO TRADE AREAS LIST COPPERFIELD TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof CYPRESS This area is bounded on the north by FM 2920, on the east by State Highway 6 (south of Highway 290 and Huffmeister Road north of Highway 290), on the south by FM 529, and on the west by the proposed Grand Parkway.

A majority of Cypress residents enjoy an upper-middle class 3 MILE RADIUS lifestyle with a median household income of over $95,000 per year. 2011 ESTIMATED POPULATION: 45,215 Residential growth is most prolific in Bridgeland—located off of Fry Road, an 11,400-acre, master-planned residential development, 2011 AVERAGE INCOME: $114,115 and Towne Lake, a 2,400-acre community. Additionally, dozens of 2011 MEDIAN INCOME: $101,645 residential communities contribute to make this one of the most GROWTH PROJECTION (11-16): 4.6% dynamic new trade areas in Houston.

The intersection of Spring Cypress Road and Highway 290 is the 5 MILE RADIUS area’s major retail hub with over 1 million square feet of big-box 2011 ESTIMATED POPULATION: 118,927 and neighborhood retail space, while the Chelsea Premium Outlets 2011 AVERAGE INCOME: $113,437 at Fairfield and Highway 290 offer 120 designer and name brand stores. 2011 MEDIAN INCOME: $99,683 GROWTH PROJECTION (11-16): 3.6% The focal point for future retail growth will be centered around the intersection of the proposed Grand Parkway and Highway 290. Cypress is the logical location for the next major regional mall in the Houston metro area, and the trade area’s upper-middle class clientele provides an opportunity for future lifestyle project development with higher-end specialty retailers.

Currently, Highway 290 is the only major thoroughfare providing access into and out of the area. There are plans to improve traffic flow by widening of Highway 290 and adding HOV lanes, a tollway, and a . When completed in 2012-2013, the proposed Grand Parkway, connecting I-10 to Highway 290 to I-45, will offer commuters additional relief.

RETURN TO TRADE AREAS LIST CYPRESS TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof GALLERIA | UPTOWN This area is bounded by Woodway Drive on the north, Highway 59 on the south, Loop 610 on the east, and Sage Road on the west.

The Galleria Mall, built in 1968, served as the genesis of this trade 3 MILE RADIUS area which has now grown to be the 4th largest retail complex in 2011 ESTIMATED POPULATION: 180,045 the country. If were a central business district, it 2011 AVERAGE INCOME: $125,790 would be the 17th largest in the US, housing 12% of Houston’s total office space and 2,000 companies. 2011 MEDIAN INCOME: $87,694 GROWTH PROJECTION (11-16): 1.8% area is the major tourist destination in Houston, providing world class shopping and the best names in the retail business. This would explain why Uptown is also home to 30 full 5 MILE RADIUS service hotels totaling about 7,000 rooms and hosts 22 million 2011 ESTIMATED POPULATION: 456,915 visitors every year. The area also hosts about 200,000 office workers 2011 AVERAGE INCOME: $112,241 and shoppers daily. The Uptown | Galleria area is best known for 2011 MEDIAN INCOME: $77,950 being the most upscale shopping destination in Houston. People come from all over the world, particularly Latin America, to make GROWTH PROJECTION (11-16): 1.7% purchases here. THE GALLERIA MALL More than 30,000 people call Uptown Houston high-rises, houses, 2,351,000 square feet townhouses, and apartments home. The residents are relatively GLA: young, affluent professionals including an international presence. RANKING: 1 Incomes and property values are both high, and the area is by sales per square foot surrounded by prestigious neighborhoods such as Tanglewood, OWNER: Simon River Oaks, West University, Bellaire, and the Memorial area. ANCHORS: , , Macy’s, Saks 5th Avenue

RETURN TO TRADE AREAS LIST GALLERIA | UPTOWN TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof HUMBLE This area is bounded on the north by Northpark Drive, on the east by Lake Houston Parkway, on the south by Beltway 8, and on the west by a line running north/south approximately one mile west of Highway 59.

Humble is the primary trade area in northeast Houston, and includes 3 MILE RADIUS the submarkets of Kingwood and Atascosita. Highway 59, FM 1960, 2011 ESTIMATED POPULATION: 35,928 and Beltway 8 all provide easy accessibility from Humble to the rest of the Houston metropolitan area. 2011 AVERAGE INCOME: $57,859 2011 MEDIAN INCOME: $53,561 The opening of Houston Intercontinental Airport was a major local GROWTH PROJECTION (11-16): 2.5% growth catalyst on the Humble area in the late 1960’s. Located less than five miles from Humble, this event stimulated development throughout Houston’s north side. Soon, subdivision development 5 MILE RADIUS was initiated nearby. The resultant growth started a transformation 2011 ESTIMATED POPULATION: 111,854 of the City of Humble and the surrounding rural homestead areas. In 2011 AVERAGE INCOME: $69,750 addition to Kingwood and Atascocita, the neighborhoods of Forest Cove, Northshire, Eagle Springs, Summerwood, and The Commons 2011 MEDIAN INCOME: $61,735 of Lake Houston are all thriving neighborhoods in the Humble trade GROWTH PROJECTION (11-16): 2.6% area. Most residents commute to Greenspoint, the Galleria, , and downtown Houston. DEERBROOK MALL

Along with the rapidly increasing growth of population came the need GLA: 1,200,000 square feet for more stores and services. Much of the retail growth occurred in RANKING: 3 Humble, but substantial commercial development also occurred in by sales per Kingwood and Atascocita. Opening in the mid-1980’s, the one million square foot square-foot Deerbrook Mall became the area’s major commercial OWNER: General Growth Properties center. Located at Highway 59 and FM 1960, it is the main retail hub of ANCHORS: AMC 24, Macy’s, Dillard’s, Sears, the trade area. Most retail near Humble is located in grocery-anchored JC Penney, Palais Royal, shopping centers or small strip centers. Retail along eastern FM 1960 serves Atascosita and people east of Lake Houston who choose not to travel all the way to Humble to do their shopping. For much of the Humble area, commercial construction such as retail is restricted by zoning and deed restrictions.

RETURN TO TRADE AREAS LIST HUMBLE TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof INNER LOOP This area is bounded by I-10 on the north, Holcombe Blvd/Bellaire Drive on the south, Loop 610 on the west, and I-45 on the east.

The Inner Loop trade area, or “inside the loop” as it is known locally, 3 MILE RADIUS refers to the vibrant area inside Loop 610 where affluent residential 2011 ESTIMATED POPULATION: 158,979 development first began in Houston. It remains a major residential area experiencing significant high-density redevelopment. More 2011 AVERAGE INCOME: $134,413 expensive, newer housing is replacing older housing in this highly 2011 MEDIAN INCOME: $91,524 sought-after part of town. Incomes in the area continue to increase GROWTH PROJECTION (11-16): 1.8% along with population density.

Those who live inside the loop tend to be highly educated, culturally 5 MILE RADIUS interested people. The most prominent neighborhood, River Oaks, 2011 ESTIMATED POPULATION: 449,311 boasts the highest home values in the city. Current trends show a 2011 AVERAGE INCOME: $105,061 migration back to the inner-city from the suburban areas. In many cases, empty-nesters return to the center of town to be closer to 2011 MEDIAN INCOME: $73,335 work and the destinations they enjoy. However, residents range GROWTH PROJECTION (11-16): 1.6% from families (new and old) to young singles living in a wide variety of housing.

Major Inner Loop employment districts include Greenway Plaza, downtown, and the Texas Medical Center (the largest employment hub in the Houston area). The cultural appeal of the Museum District and the Theater District add to the area’s character, as well as the older homes and historic buildings found nearby.

The Inner Loop lacks the concentration of big box stores found elsewhere due to high land values and the scarcity of large tracts of land. Shoppers come from all over Houston to visit the unique chef- driven restaurants and one-of-a-kind stores the area has to offer. Most new development is mixed-use, providing office space, luxury multi-family residential units, and an assortment of lifestyle retail concepts. It is not uncommon for an upscale retailer to choose this area for their first and sometimes only location in Houston.

RETURN TO TRADE AREAS LIST INNER LOOP TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof KATY This area is bounded on the north by Clay Road, on the east by the Barker and Addicks Reservoirs, on the south by , and on the west by FM 1463.

The Katy trade area, located at the western edge of the Houston 3 MILE RADIUS metropolitan trade area, is comprised of thirteen master-planned communities totaling over 13,000 acres. The most significant of 2011 ESTIMATED POPULATION: 104,427 these is Newland Communities’ Cinco Ranch, rated one of the Top 5 2011 AVERAGE INCOME: $125,054 residential developments in the United States. In terms of residential 2011 MEDIAN INCOME: $112,288 growth, Katy is the fastest growing area in greater Houston. Future GROWTH PROJECTION (11-16): 5.0% residential growth is expected to occur in the west and southwest regions of the trade area. 5 MILE RADIUS Almost 215,000 people call Katy home, the predominance of whom 2011 ESTIMATED POPULATION: 187,359 are young, growing families enjoying an upper-middle class lifestyle. The trade area boasts a median household income of over $100,000 2011 AVERAGE INCOME: $117,469 per year and is expected to grow by 38% over the next five years. 2011 MEDIAN INCOME: $103,310 The number of residents with at least a bachelor’s level education is GROWTH PROJECTION (11-16): 4.4% 50% higher than the Texas state average. Many of Katy’s residents work along Houston’s energy corridor. MALL The greatest concentration of retail servicing this area is located ANCHORS: along I-10 West and is primarily made up of value oriented power Bass Pro Shop, Bed Bath & Beyond, Burlington centers. A secondary concentration of this type of retail is evolving Coat Factory, Neiman Marcus Outlet along State Highway 99 (Grand Parkway) from I-10 West to the Westpark Tollway. La Centerra is a recently developed lifestyle project of 175,000 square feet located at the southwest corner of Cinco Ranch Boulevard and State Highway 99. Katy Mills Mall, located at the intersection of I-10 West and Katy-Ft. Bend Road, offers shoppers dozens of designer and name brand outlet stores.

RETURN TO TRADE AREAS LIST KATY | CINCO RANCH TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof KINGWOOD Kingwood is bounded on the north by North Park Drive, on the east by Lake Houston, on the south by FM 1960, and on the west by Highway 59.

The design and development of Kingwood, a 10,000-acre master- 3 MILE RADIUS planned community, began northwest of Houston in the late 1960s. With time, it grew from Highway 59 all the way East to Lake 2011 ESTIMATED POPULATION: 56,080 Houston. 2011 AVERAGE INCOME: $118,284 2011 MEDIAN INCOME: $96,251 In Kingwood, higher-end incomes and higher educations abound. GROWTH PROJECTION (11-16): 1.6% The median household income is $80,000 per year. Home values range from $200,000 to over $1 million. Six golf courses, nature trails, close proximity to the lake, beautiful trees and great school 5 MILE RADIUS districts add to the high quality of life that can be enjoyed in 2011 ESTIMATED POPULATION: 103,668 Kingwood. 2011 AVERAGE INCOME: $109,079 Some residents of Kingwood work in the area or in Humble, but 2011 MEDIAN INCOME: $90,483 a majority of residents commute to Greenspoint, the Galleria, GROWTH PROJECTION (11-16): 1.7% Greenway and downtown Houston. Because Kingwood lacks abundant office space and a majority of residents commute to work, the area is considered a bedroom community.

Available land can be found on North Park Drive or near Highway 59 at Kingwood Drive. These two locations are focal points for new retail development. Outside of these two intersections, an office building or an apartment complex must be torn down in order to provide space for future retail growth.

Most retail spaces in Kingwood are small shops and convenience shops anchored in grocery or neighborhood shopping centers. Residents shop in the front of Kingwood, close to Kingwood Drive and Highway 59, as well as the back of Kingwood, at the corner of Kingwood Drive and West Lake Houston Parkway. Retail and office space are mainly found at these two intersections because commercial construction is restricted by zoning and deed restrictions. For regional shopping, most residents travel south down to Deerbrook Mall, located at Highway 59 and FM 1960.

RETURN TO TRADE AREAS LIST KINGWOOD TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof MEMORIAL | SPRING BRANCH This area is bounded on the north by Clay Road, on the east by Voss Road, on the south by Westpark Tollway, and on the west by State Highway 6. 3 MILE RADIUS The Memorial/Spring Branch trade area offers a very diverse demographic 2011 ESTIMATED POPULATION: 119,686 profile, ranging from some of the highest income neighborhoods in Houston south of I-10 to lower-middle income demographics north of 2011 AVERAGE INCOME: $123,722 I-10. The zip code 77024 inside this trade area is reported to be the 2011 MEDIAN INCOME: $86,519 wealthiest zip code in Texas and the 4th wealthiest in the U.S. GROWTH PROJECTION (11-16): 1.3%

The major thoroughfares, the Tollway (Beltway 8), I-10, , and Memorial Drive give this trade area access to 5 MILE RADIUS over 2 million people within a 20-minute drive time. 2011 ESTIMATED POPULATION: 364,210 2011 AVERAGE INCOME: $93,685 Somewhat unique to this trade area are the smaller residential 2011 MEDIAN INCOME: $68,343 municipalities (Villages) of Hunters Creek, Hedwig Village, Bunker Hill, and Piney Point south of I-10, which limit and restrict commercial retail GROWTH PROJECTION (11-16): 1.4% within their residential cores, forcing retail to the perimeter along I-10, Beltway 8, Westheimer Road and Voss Road. MEMORIAL CITY MALL

The most significant retail concentration in the area is found along the GLA: 1,700,000 square feet stretch of I-10 from Gessner Road to Beltway 8 which includes Memorial RANKING: 7 City Mall and Town & Country Village. CityCentre, located at the by sales per square foot southest corner of I-10 and Beltway 8, is a multi-use project including OWNER: MetroNational upscale retail shops, class A office space, high-end residential units and ANCHORS: Macy’s, Dillard’s, Sears, a full service, luxury hotel. This will further strengthen the area between JC Penney, Target Beltway 8 and Gessner Road on I-10 as the hub of retail activity.

RETURN TO TRADE AREAS LIST MEMORIAL | SPRING BRANCH TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof PASADENA | DEER PARK This area is bounded by Highway 225 on the north, Fairmont Parkway on the south, East End Boulevard on the east, and Highway 3 on the west. 3 MILE RADIUS Pasadena is an established, densely populated trade area. The 90,336 typical residents on the west side of Beltway 8 work blue collar jobs 2011 ESTIMATED POPULATION: at the Port of Houston or in nearby manufacturing or petrochemical 2011 AVERAGE INCOME: $62,522 facilities. This community is made up of lower to middle income, 2011 MEDIAN INCOME: $55,990 predominantly Hispanic families with moderate education levels GROWTH PROJECTION (11-16): 1.2% living in single family homes. Deer Park, located east of Beltway 8, has higher incomes, due in part to their better school district. What growth there is in the area is located in the Deer Park area. 5 MILE RADIUS 2011 ESTIMATED POPULATION: 258,758 Much of the draw to Pasadena can be attributed to the moderately 2011 AVERAGE INCOME: $67,607 priced homes, the proximity to the center of town, and easy accessibility to all other areas of town. Pasadena Town Square is 2011 MEDIAN INCOME: $59,000 the regional mall in this trade area, and the non-mall retail hub is GROWTH PROJECTION (11-16): 1.3% at Fairmont Parkway and Beltway 8. For the Hispanic population, another major retail hub is at Spencer Highway and Shaver Street, where stores such as Fiesta and Mi Tienda serve the Spanish- PASADENA TOWN SQUARE speaking residents. GLA: 744,263 square feet

ANCHORS: Macy’s, Sears, Palais Royal, Anna’s Linens

RETURN TO TRADE AREAS LIST PASADENA | DEER PARK TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof PEARLAND This area is bounded by Beltway 8 on the north, State Highway 6 on the south, Brazoria County Line on the west, and Brazoria County Line again on the east.

The City of Pearland’s popularity grew as a place to live after the 3 MILE RADIUS development of the South Freeway (State Highway 288) in 1984. Running from Freeport to downtown Houston, State Highway 288 2011 ESTIMATED POPULATION: 55,148 gave rise to new master-planned communities, such as Silverlake and 2011 AVERAGE INCOME: $118,026 Shadow Creek Ranch, by allowing a large number of Medical Center 2011 MEDIAN INCOME: $101,340 and downtown employees to take advantage of the affordable GROWTH PROJECTION (11-16): 3.4% housing opportunities in Pearland while still enabling them to get to work quickly. State Highway 6 serves as the primary east-west roadway in the southern part of Houston as it functions as an “outer 5 MILE RADIUS loop” to the metropolitan area. 2011 ESTIMATED POPULATION: 124,106

Residents in Pearland are primarily white collar, middle income 2011 AVERAGE INCOME: $94,201 families, many of whom are medical professionals or staff who work 2011 MEDIAN INCOME: $83,029 at the Texas Medical Center. They are an above-average educated GROWTH PROJECTION (11-16): 3.3% population who appreciate the home values in this area.

Pearland’s primary retail hub is located at FM 518 and State Highway 288. In 2003 there was virtually no retail at this intersection. Today there is almost two million square feet of big box retail including the newest mall in Houston, CBL’s Pearland Town Square. The next major retail hub in the area will, most likely, be located at State Highway 288 and State Highway 6 following the residential growth in that direction.

RETURN TO TRADE AREAS LIST PEARLAND TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof ROYAL OAKS TRADE AREA This area is bounded by on the north, Bissonnet Street on the south, State Highway 6 on the west, and Beltway 8 on the east. 3 MILE RADIUS The population in Royal Oaks is very ethnically diverse, ranging 2011 ESTIMATED POPULATION: 111,571 from Caucasian to African-American to various Asian nationalities including Chinese, Vietnamese, Korean, and East Indian. Residents 2011 AVERAGE INCOME: $74,510 are primarily middle income, and population growth is slow to 2011 MEDIAN INCOME: $60,328 moderate due to the fact that the area is almost entirely built out. GROWTH PROJECTION (11-16): 1.1%

The predominant source of employment in the Royal Oaks area is the Westchase business district. 5 MILE RADIUS 2011 ESTIMATED POPULATION: 308,304 The Royal Oaks trade area is served by mostly value-oriented 2011 AVERAGE INCOME: $81,086 retailers found in grocery anchored shopping centers. The highest concentration of retail is located along Westheimer Road near 2011 MEDIAN INCOME: $65,359 State Highway 6. For mall shopping, residents shop West Oaks GROWTH PROJECTION (11-16): 1.6% Mall, as well as at the Memorial City Mall located ay I-10 and Gessner Road. WEST OAKS MALL The retail and residential profiles of the Royal Oaks trade area GLA: 1,100,000 square feet should remain relatively stable for this area. OWNER: Pacific Retail Capital Partners Square Mile Capital Management ANCHORS: Macy’s, Dillard’s, Palais Royal Alamo Drafthouse, Sears, Edwards Theatre

RETURN TO TRADE AREAS LIST ROYAL OAKS TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof SUGAR LAND | MISSOURI CITY The Sugar Land | Missouri City trade area is bounded by US Highway 90A on the north, the Grand Parkway on the west, the Brazos River on the south and the Fort Bend Tollroad on the east.

This trade area is dominated residentially by the 10,000+acre 3 MILE RADIUS First Colony master planned community. Other municipalities and residential communities in the area include Missouri City, Sienna 2011 ESTIMATED POPULATION: 81,353 Plantation, River Park, Quail Valley, and Telfair. Over the last 20 years, 2011 AVERAGE INCOME: $138,101 this has been one of the fastest growing areas in Houston and, at 2011 MEDIAN INCOME: $113,459 times, in the country. In fact, the area has grown 158% in the past GROWTH PROJECTION (11-16): 3.6% decade. Residential growth continues today, primarily, south and west of First Colony. 5 MILE RADIUS The demographic profile in this area is diverse relative to income, 2011 ESTIMATED POPULATION: 215,719 education and ethnicity. First Colony has the highest education and 2011 AVERAGE INCOME: $112,298 income levels; Missouri City and Quail Valley are slightly lower in these categories. While the trade area as a whole is predominately 2011 MEDIAN INCOME: $95,321 Caucasian, it also has significant Asian, Indian, Hispanic and African- GROWTH PROJECTION (11-16): 3.5% American populations. The workforce in the area is predominately white collar, including engineers, medical professionals, and sales/ service professionals. A significant number of professional sports players make Sugar Land their home. GLA: 1,110,000 square feet RANKING: 4 The major appeal of the area to residents includes easy access to all by sales per square foot areas of Houston via State Highway 59 (Southwest Freeway), State OWNER: General Growth Properties Highway 6, Fort Bend Toll Road, Beltway 8 and the Grand Parkway. ANCHORS: Macy’s, Dillard’s, JC Penney, There are also several major employers in the area including Unocal AMC Theatres Corporation, Fluor Daniel, , and K-Tec Electronics.

The retail hub of this trade area is the intersection Highway 59 and State Highway 6. First Colony Mall, owned by General Growth Properties, and are the predominate projects at this intersection. Millions of square feet of additional big box, grocery anchored, and uanchored strip retail line State Highway 59 and State Highway 6 for several miles serving the trade area. Even with what may seem to be an oversupply of retail, most of the retailers do very well here due to the regional significance of the area.

RETURN TO TRADE AREAS LIST SUGAR LAND | MISSOURI CITY TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof TOMBALL Tomball is bounded on the north by FM 1488, on the east by FM 2978, on the south by Boudreaux Road, and on the west by Cypress Rose Hill Road.

Tomball, in northwest Houston, is a bedroom community from which 3 MILE RADIUS a majority of residents commute to work. Residential home growth is currently strong in the area. In Tomball, several Houstonians own 2011 ESTIMATED POPULATION: 19,654 estate homes that are larger than their primary Houston residence. 2011 AVERAGE INCOME: $83,943 Some of these homes offer equestrian activities, as there is ample 2011 MEDIAN INCOME: $62,534 land for stables and other accommodations for horses. A majority GROWTH PROJECTION (11-16): 1.5% of Tomball residents work in The Woodlands, the FM 1960 area, Greenspoint, the Galleria and downtown. Cost of homes range from $150,000 up to $500,000, and the median household income in the 5 MILE RADIUS area is $70,000 to $75,000 per year. 2011 ESTIMATED POPULATION: 64,759 2011 AVERAGE INCOME: $98,527 While the big-box retailers are here, most of the retail shopping in Tomball occurs at grocery-anchored stores, and people come in 2011 MEDIAN INCOME: $80,694 from different directions to shop. Still, more big-box retailers should GROWTH PROJECTION (11-16): 1.9% consider building in Tomball. For now, residents in search of more retail shops head south to State Highway 249 and Spring Cypress Road. For major shopping, they travel to State Highway 249 and FM 1960 to the Willowbrook Mall.

The epicenter for retail activity is near the intersection of FM 2920 and State Highway 249, and there is still plenty of land for additional retail growth. Tomball is perfect for big-box retailers, but there is probably not room for a major retail mall.

Major thoroughfares are State Highway 249 that runs north and south, and FM 2920 that runs east and west. Currently, work is being done to expand a bypass for State Highway 249. This half-loop will take you slightly around the main intersection of State Highway 249 and FM 2920. Area residents consider the bypass a positive because it will relieve traffic congestion at that intersection. If residents want to shop, they can skip the bypass and shop, but those wanting to avoid the busy intersection can access the bypass.

RETURN TO TRADE AREAS LIST TOMBALL TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof WESTCHASE | WESTHEIMER FROM VOSS TO WILCREST This area is bounded by Voss Road on the east, Wilcrest Drive on the west, Memorial Drive on the north, and Westpark Tollway on the south. 3 MILE RADIUS Westheimer Road is the most recognized retail street in Houston, 2011 ESTIMATED POPULATION: 206,023 running almost 25 miles from downtown west to Katy. This particular segment from Voss Road to Wilcrest Drive is approximately 4.25 2011 AVERAGE INCOME: $89,694 miles long and represents one of the most densely developed retail 2011 MEDIAN INCOME: $65,502 sections of Westheimer Road GROWTH PROJECTION (11-16): 1.8%

This trade area is substantially built out, both residentially and commercially. The demographic profile in this area ranges from very 5 MILE RADIUS affluent to middle income, from young first-time homeowners to 2011 ESTIMATED POPULATION: 490,341 more established, mature families and empty-nesters. The number 2011 AVERAGE INCOME: $99,328 of renters in this area is higher than that of those who own their homes. 2011 MEDIAN INCOME: $70,536 GROWTH PROJECTION (11-16): 1.5% Westheimer Road provides mostly value-oriented retailer options to its shoppers, attracting an economically and ethnically diverse customer from both inside and outside the immediate trade area. In contrast, at the intersection of Woodway Drive and Voss Road, there is a small sampling of lifestyle and specialty retailers catering to the Tanglewood, Memorial, and Briargrove customer. It is notable that the greatest concentration of furniture stores in the city is located along Fondren Road just south of Westheimer Road.

The Westchase Business District is also a part of this trade area and is comprised of 14 million square feet of office space, nearly 15,000 apartment units, and just over 2,500 hotel rooms, and significantly impacts the economic profile of the area.

RETURN TO TRADE AREAS LIST WESTCHASE TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof WILLOWBROOK This area is bounded on the north by Spring Cypress Road, on the south by Beltway 8, on the west by Jones Road and on the east by Stuebner Airline Road.

The Willowbrook trade area is a mixture of mature neighborhoods 3 MILE RADIUS that were built in the 1970’s and 1980’s along FM 1960 and recently 2011 ESTIMATED POPULATION: 89,350 added subdivisions in the State Highway 249 corridor. A high $86,331 number of the residents living along State Highway 249 work for 2011 AVERAGE INCOME: Hewlett-Packard, the leading employer for white collar workers in 2011 MEDIAN INCOME: $69,038 the trade area. As might be expected, the area is primarily made up GROWTH PROJECTION (11-16): 2.5% of single family residences and has higher than average education and median household income levels. 5 MILE RADIUS The major retail hub for this trade area is located at State Highway 2011 ESTIMATED POPULATION: 288,262 249 and FM 1960. Willowbrook Mall, located at this intersection, 2011 AVERAGE INCOME: $84,975 is one of the top Houston malls in sales per square foot. There 2011 MEDIAN INCOME: $70,767 is no significant lifestyle retailer concentration in the area, but a smattering of lifestyle stores can be found at the intersection of FM GROWTH PROJECTION (11-16): 1.6% 1960 and Champions Forest Drive. WILLOWBROOK MALL

GLA: 1,510,000 square feet

RANKING: 6 by sales per square foot OWNER: General Growth Properties

ANCHORS: Macy’s, Macy’s Mens & Furniture, Dillard’s, JC Penney, Sears, FAO Schwartz at Macy’s

RETURN TO TRADE AREAS LIST WILLOWBROOK TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof THE WOODLANDS This area is bounded by FM 1488 to the north, I-45 to the east, FM 2920 to the south, and FM 2978 to the west.

The Woodlands was created 30 years ago as a carefully planned 3 MILE RADIUS residential development. Since that time the plan has been 2011 ESTIMATED POPULATION: 51,706 meticulously executed resulting in one of the top residential, 2011 AVERAGE INCOME: $103,290 shopping, entertainment, leisure, and work destinations in the country. 2011 MEDIAN INCOME: $76,278 GROWTH PROJECTION (11-16): 3.2% The Woodlands is a community of middle to upper-income, highly educated individuals living, primarily, in single-income households. Home prices range from $250,000 into the millions. It’s residents 5 MILE RADIUS enjoy parks, hike and bike paths, Woodlands Waterway, and 2011 ESTIMATED POPULATION: 132,538 the acclaimed Cynthia Woods Mitchell Pavilion, the 2nd busiest 2011 AVERAGE INCOME: $105,731 outdoor performance venue in the U.S. Between business and 2011 MEDIAN INCOME: $80,858 leisure travel, hotels in The Woodlands stay busy all year. GROWTH PROJECTION (11-16): 3.7% The office rents and occupancy rates in The Woodlands are some of the highest in Houston. Among the most significant employers THE WOODLANDS MALL are Anadarko, Chicago Bridge Iron, and the biotech industry. GLA: 1,350,000 square feet

The Woodlands is easily accessible to Bush Intercontinental Airport, RANKING: 5 by sales per and all other areas of the metropolitan area via I-45 North, the square foot Hardy Toll Road, and Beltway 8. Major thoroughfares within The OWNER: General Growth Properties Woodlands include Woodlands Parkway, Research Forest Drive, Lake Woodlands Drive, and Kuykendahl Road. ANCHORS: Macy’s, Dillard’s, JC Penney, Sears, The Children’s Museum The Woodlands Mall ranks 2nd among Houston malls in terms of annual sales, and the major retail hub surrounds the mall, including two mixed-use projects, Market Street and Waterway Square. Seven grocery-anchored shopping centers serve The Woodlands area as well. The Woodlands is deed-restricted, and therefore retail is strictly monitored to maintain appropriate, controlled growth.

Residential development in The Woodlands community will continue to grow steadily, and the area is still several years from total build-out.

RETURN TO TRADE AREAS LIST THE WOODLANDS TRADE AREA The information contained herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof TRANSWESTERN 1900 West Loop South | Suite 1300 Houston, Texas 77027 Phone: 713.270.7700 www.transwestern.net