Design District Development Opportunity +/- 4.7 Acres Available 2121 Irving Boulevard Dallas

Home , Trinity River Project, Trinity Strand Trail

DESIGN DISTRICT DEVELOPMENT OPPORTUNITY +/- 4.7 ACRES AVAILABLE 2121 IRVING BOULEVARD DALLAS | TEXAS

FOR MORE INFORMATION: Scott Lake Jake Milner [email protected] [email protected]

Land is our business.

|URBAN DB2RE.com DESIGN DISTRICT DEVELOPMENT OPPORTUNITY 2121 IRVING BOULEVARD DALLAS | TEXAS

SIZE ± 4.7 Acres

ZONING PD 621 (subdistrict 1A) Density - No max density Height - 270 ft.

TRAFFIC COUNTS Irving Boulevard: 15,970 VPD Sylvan Avenue: 11,200 VPD Wycliff Avenue: 7,490 VPD Oak Lawn: 9,780 VPD I-35E (west of Oak Lawn): 241,549 VPD I-35E (east of Oak Lawn): 269,028 VPD

DEMOGRAPHICS 2015 Population 1 Mile: 12,962 2015 Population 2 Mile: 65,226 2015 Population 3 Mile: 131,368 % Proj Growth 2015-2020 1 Mile: 14.9% % Proj Growth 2015-2020 2 Mile: 18.4% % Proj Growth 2015-2020 3 Mile: 15.7% 2015 Median HH Income 1 Mile: $43,263 2015 Median HH Income 2 Mile: $68,775 2015 Median HH Income 3 Mile: $73,744 2015 Average HH Income 1 Mile: $51,762 2015 Average HH Income 2 Mile: $89,756 2015 Average HH Income 3 Mile: $98,098 Median Home Value 1 Mile: $93,319 Median Home Value 2 Mile: $245,300 Median Home Value 3 Mile: $305,195 Average Home Value 1 Mile: $101,061 Average Home Value 2 Mile: $269,973 2929 Carlisle Street, Suite 380 Average Home Value 3 Mile: $351,321 O | 214 526 3626 Land is our business. DB2RE.com

|URBAN Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 DALLAS DESIGN DISTRICT

Design District A neighborhood originally developed for trade commerce, the Design District is a key piece of Dallas culture. The neighborhood is comprised of interior design showrooms, art galleries, fine dining establishments, and most recently, luxurious apartment homes with a vibrant live-work-play community. The Design District will soon welcome multiple new high-rise office projects into the areas trendiest scene that will include the construction of new apartments and restaurants. Approximately 1,500 multifamily residential units have been completed since 2009, and another ±1,400 are currently under construction or in the planning stages. Eclec- tic yet upscale, the area is evolving into a cultural hub, drawing not only creative and entrepreneurial start-ups, but fast-growing business ventures requiring access to Dallas’ center of commerce. Trinity Strand Trail Recently, a group of dedicated individuals formed the Friends of the Trinity Strand Trail to spearhead the planning, construction and enhancement of a 7.8 mile non-motorized Trinity River Project hike and bike trail along the original Trinity The 2.2 Billion dollar Trinity River project is one of the most monumental public works and River watercourse. The purpose of the trail is economic development projects ever attempted. The new plan will include 30-plus acres of to extend the Katy Trail to the Trinity River, but starter lakes including a 90-acre Urban Lake, a 56-acre Natural Lake and a 128-acre West it will also provide Dallas citizen’s access to Dallas Lake. In addition to the three Trinity River Lakes, the project will be used for flood the Southwestern Medical District, Stemmons protection, recreation, environmental restoration, and surge in economic development. At the Corridor businesses, Downtown, Victory Park, completion of the project, residents and visitors from around the world will experience a new Uptown, with the Dallas Design District. The and exciting destination within the City of Dallas. Trinity Strand Trail will play an integral role in making these natural connections to the existing trails, neighborhoods, and communi- ties within the Dallas urban core. Once our project is complete, we will connect over 73 miles of trail.

Land is our business. O | 214 526 3626 DB2RE.com

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 |URBAN CURRENT DEVELOPMENTS International on Turtle Creek- One of Alta Strand- Wood Partners has begun 1400 Highline- The 24 story 312,708 Dallas’ highly anticipated urban redevel- construction on Alta Strand on the cotner of square foot apartment tower in the Dallas opments has become a destination for a Market Center and the Turtle Creek. The de- Design District opened in 2012. Its major collection of showrooms, design firms and velopment will feature 400 apartment units, amenity is its breath taking view. The apart- restaurants. Totaling 158,000 square feet, two clubhouses, five courtyard areas with ments have floor-to-ceiling windows and this award winning development recently two pools, a two-level fitness center with 7-foot decks that look onto the Margaret sold to a local developer for 21.5 million a yoga room, and a conference room for Hunt Hill Bridge, the American Airline’s and they plan to continue the success al- young professionals and families. Target- Center and downtown Dallas along Inter- ready captured. ing residents that will be integrated into the state 35E. This development set the stan- neighborhood mix of art galleries, design dard for High Rise Multifamily development The Alexan Riverfront- Trammell Crow showrooms, restaurants and entertainment. in the Design District and today is still the Residential is developing a 2.5 acre tract on premier location for the neighborhood’s Turtle Creek Boulevard just west of Riverfront residents. Boulevard. Crow Residential’s $48 Million project will be a 5-story, 309-unit apartment building that will overlook the Trinity River and provide unparrelled views of the nearby downtown Skyline.

Land is our business. O | 214 526 3626 DB2RE.com

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 |URBAN NEW DEVELOPMENT OPPORTUNITIES Dunhill Development- Bill Hutchinson, founder and CEO of Dunhill Partners, purchased 33 505 Riverfront- acres and about 700,000 square feet of buildings in the Dallas Design District in 2014, he The property comprised of ±42 acres locat- had a vision to shake things up in a neighborhood originally developed for trade commerce. ed on either side of the Calatrava Bridge and With the close-in proximity to downtown and uptown Dallas, Hutchinson and team knew they both east and west of Riverfront Blvd. The were poised to evolve the area into a vital work-play district – drawing not only creative and site is unique in that it is impossible to find entrepreneurial start-ups, but fast-growing business ventures requiring access to Dallas’ cen- such a large area of undeveloped land. This ters of commerce. With that vision, the booming Dallas Design District will soon welcome a characteristic lends the advantage of endless new high-rise office project into the Dallas’ coolest and highly visibile scene – a fast-growing development possibilities, including office, scene that has included the construction of new apartments and trendy restaurants, multi-family, hotel, condominium and retail. Virgin Hotel Florida-based Virgin Group’s Virgin Hotels brand fits right into the district with plans for luxury 899 Stemmons- Comprising 3.3 acres, is suites, restaurants and bar areas, as well as a rooftop terrace with a pool, spa and gym. The currently improved with one 10-story build- hotel will also include numerous meeting spaces. ing with an adjoined four-level parking ga- rage. Originally constructed as a hotel, the Dunhill Partners is developing three new High Rise Developments that are property was most recently used by Dallas expected to begin construction end of 2017: County as a low-security detention center. Design District Office Tower 899 Stemmons presents itself as an iconic ur- Joie de Vivre Hotel & Apartments Virgin Hotel & Residences ban redevelopment opportunity that has the potential to be a Design District land mark.

Land is our business. O | 214 526 3626 DB2RE.com

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 |URBAN DALLAS ECONOMIC DRIVERS Just west of the Dallas central business district lies the Design District. Its centralized location •The 20 mile, $2.2 billion Trinity River Corridor and proximity to the Trinity River, lends unparalleled views and quick access to the area’s Project will be the largest urban park in the nation largest economic drivers and employers including: adjacent to the Property •The world-class, Margaret Hunt Hill Bridge was completed in 2012 at a cost of $182 million and now seamlessly connects Singleton Boulevard in Trinity Groves across the Trinity River to Woodall Rodgers (Spur 366) into downtown Dallas and points beyond •The Trinity Strand Pedestrian Trail connects Trin- ity Groves to Uptown/Victory Park and Down- town Dallas, while allowing for walking, running, cycling, family outings, and city events and festi- vals •Downtown Dallas – home to a workforce of more than 140,000 people, just east of the Property •Uptown Dallas/Victory Park – home to the city’s strongest office, retail, and hospitality markets just north of downtown Dallas. •The recently completed $110 million Klyde War- ren Park connects Downtown Dallas and Uptown •The 68-acre Dallas Arts District, the largest con- tiguous arts district in the US, draws over 600,000 visitors annually just over one mile from the Prop- erty •Dallas Love Field Airport is two and a half miles north of the Property and generates $2 billion annually to the local Dallas economy •Dallas Medical District, home to four major hospitals including Parkland, Children’s Medical Center, University of Texas Southwestern Medical School, & Zale Lipshy. The Stemmons Corridor/ Medical District provides over 100,000 jobs. Land is our business. O | 214 526 3626 DB2RE.com

|URBAN DALLAS FORT WORTH GROWTH

DALLAS/FORT WORTH – NATIONAL OFFICE AND ECONOMIC LEADER The Dallas/Fort Worth area and Texas office markets are seeing continuous improvement as population and job growth drive leasing and expansion. In 2014, Dallas/Fort Worth (DFW) ranked first in both percentage growth (3.5%) and absolute growth with 109,900 new jobs. From 2014 to 2019, the Metroplex is expected to rank first in both population and job growth, according to Moody’s Economy.com. During this period, Dallas/Fort Worth is forecasted to create approximately 438,100 new jobs while adding 756,200 new residents. DFW’s strong economic fundamentals have bolstered the DFW office market as the number one metro nationally in absorption over the last seven quarters with 12.1 million square feet. Additionally, the DFW Class A office market ranks as the top metro nationally in absorption for 2015 YTD with over 3.8 million Conceptual rendering of future Riverfront Boulevard square feet. DFW’s national leading office market, reinforced by strong economic fundamentals, creates an attractive environment for investors looking to capitalize on DFW’s continued growth.

Land is our business. O | 214 526 3626 DB2RE.com

|URBAN 2121 IRVING BLVD DALLAS, TEXAS

FOR MORE INFORMATION: Scott Lake [email protected] Jake Milner [email protected]

2929 Carlisle Street Suite 380 Dallas, Texas 75204

Land is our business. O | 214 526 3626 DB2RE.com

INFORMATION ABOUT BROKERAGE SERVICES: IF THE BROKER REPRESENTS THE BUYER: (4) may not disclose any confidential information or Before working with a real estate broker, you should The broker becomes the buyer’s agent by entering into any information that a party specifically instructs the know that the duties of a broker depend on whom an agreement to represent the buyer, usually through broker in writing not to disclose unless authorized in the broker represents. If you are a prospective seller a written buyer representation agreement. A buyer’s writing to disclose the information or required to do so or landlord (owner) or a prospective buyer or tenant agent can assist the owner but does not represent the by The Texas Real Estate License Act or a court order or (buyer), you should know that the broker who lists owner and must place the interests of the buyer first. if the information materially relates to the condition of the property for sale or lease is the owner’s agent. A The owner should not tell a buyer’s agent anything the the property. With the parties’ consent, a broker acting broker who acts as a subagent represents the owner owner would not want the buyer to know because a as an intermediary between the parties may appoint in cooperation with the listing broker. A broker who buyer’s agent must disclose to the buyer any material a person who is licensed under The Texas Real Estate acts as a buyer’s agent represents the buyer. A broker information known to the agent. License Act and associated with the broker to commu- may act as an intermediary between the parties if the nicate with and carry out instructions of one party and parties consent in writing. A broker can assist you in another person who is licensed under that Act and as- locating a property, preparing a contract or lease, or IF THE BROKER ACTS AS AN INTERMEDIARY: sociated with the broker to communicate with and car- obtaining financing without representing you. A bro- A broker may act as an intermediary between the ry out instructions of the other party. ker is obligated by law to treat you honestly. parties if the broker complies with The Texas Real Es- tate License Act. The broker must obtain the written consent of each party to the transaction to act as an IF THE BROKER REPRESENTS THE OWNER: intermediary. The written consent must state who will IF YOU CHOOSE TO HAVE A BROKER REPRESENT The broker becomes the owner’s agent by entering pay the broker and, in conspicuous bold or under- YOU: into an agreement with the owner, usually through a lined print, set forth the broker’s obligations as an in- You should enter into a written agreement with the bro- written - listing agreement, or by agreeing to act as termediary. The broker is required to treat each party ker that clearly establishes the broker’s obligations and a subagent by accepting an offer of subagency from honestly and fairly and to comply with The Texas Real your obligations. The agreement should state how and the listing broker. A subagent may work in a different Estate License Act. A broker who acts as an intermedi- by whom the broker will be paid. You have the right real estate office. A listing broker or subagent can as- ary in a transaction: to choose the type of representation, if any, you wish sist the buyer but does not represent the buyer and (1)shall treat all parties honestly; to receive. Your payment of a fee to a broker does not must place the interests of the owner first. The buyer (2) may not disclose that the owner will accept a price necessarily establish that the broker represents you. If should not tell the owner’s agent anything the buyer less than the asking price unless authorized in writing you have any questions regarding the duties and re- would not want the owner to know because an own- to do so by the owner; buyer: and sponsibilities of the broker, you should resolve those er’s agent must disclose to the owner any material (3) may not disclose that the buyer will pay a price questions before proceeding. information known to the agent. greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant Date

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

|URBAN 01A TREC No. OP-K 11-2-2015 Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: . • A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material informaƟon about the property or transacƟon received by the broker; • Answer the client’s quesƟons and present any oﬀer to or counter-oﬀer from the client; and • Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and ᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner ﬁrst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Davidson & Bogel Real Estate, LLC 9004427 [email protected] 214-526-3626 Licensed Broker /Broker Firm Name or License No. Email Phone Primary Assumed Business Name Michael Edward Bogel II 598526 [email protected] 214-526-3626 Designated Broker of Firm License No. Email Phone David Davidson JR. 593731 [email protected] 214-526-3626 Licensed Supervisor of Sales Agent/ License No. Email Phone Associate Scott Lake 618506 [email protected] 214-526-3626 Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission InformaƟon available at www.trec.texas.gov IABS 1-0 11-2-2015 Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about brokerage services to prospecƟve buyers, tenants, sellers and landlords.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

Davidson & Bogel Real Estate, LLC 9004427 [email protected] 214-526-3626 Licensed Broker /Broker Firm Name or License No. Email Phone Primary Assumed Business Name Michael Edward Bogel II 598526 [email protected] 214-526-3626 Designated Broker of Firm License No. Email Phone David Davidson JR. 593731 [email protected] 214-526-3626 Licensed Supervisor of Sales Agent/ License No. Email Phone Associate Jake Milner 647114 [email protected] 214-526-3626 Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission InformaƟon available at www.trec.texas.gov IABS 1-0