CENTRAL BUSINESS DISTRICT 1.5 MILES

The Shops At Memorial Heights Beer Market Co. Future Retail Catalina Coffee 24Eleven Washington Apts. Sam’s Cafe Development Taqueria Barba Ogun’s Art + Wine Sanctuary Lounge WASHINGTON AVE Estates at Memorial Memorial Heights Reflexology Darkhorse Tavern Heights Apts. Liberty Station Memorial Heights Dental TOWNHOMES VALUES UP TO $350K

STUDEMONT ST 1011 Studemont Condos

Future Development ~74,000 SF Retail ALLIANCE Future Multifamily

HICKS ST

SUMMER ST Future Mixed Use Development ~8,625 SF Retail/Restaurant ~3,300 SF Fast Casual Restaurant

Olivewood Cemetery ±2.29 ACRES

LAKIN ST

TOWNHOMES VALUES UP TO $500K

±2.29 Acres at 3318 Hicks Street SELLER WILL SUBDIVIDE Washington Corridor, Houston, 77007

OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements www.dmre.com

Tim Dosch Becky Hand Dosch Marshall Real Estate 713.955.3120 Principal Senior Associate [email protected] [email protected] 777 Post Oak Blvd Suite 255 O 713.955.3127 O 713.955.3121 Houston, TX 77056 M 713.459.8123 M 918.629.5592 www.dmre.com

Exclusive Representation David Marshall Dosch Marshall Real Estate (DMRE) has been Dillon Mills exclusively retained to represent the Seller in the Principal disposition of ±2.29 acres at 3318 Hicks St, Houston, Senior Associate [email protected] Texas, 77007 (Property). All inquiries about the Prop- [email protected] O 713.955.3126 erty should be directed to DMRE. M 713.206.1574 O 713.955.3123 M 713.254.3824 Due Diligence Information To access the due diligence information please visit the Property website at: www.dmre.com Tom Dosch Principal Tripp Rich Offer Requirements [email protected] Transaction Manager O 713.955.3125 [email protected] Offers should be presented in the form of a non-bind- M 713.557.4455 ing Letter of Intent, and should include: O 713.955.3124 M 936.635.6968 • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit Clark Dalton • Description of Debt/Equity Structure Vice President • Qualifications to Close [email protected] Kenneth Danna • Development Plans O 713.955.3122 Research Analyst M 832.449.2223 [email protected] Purchase terms shall require cash to be paid at clos- O 713.955.3129 ing. Offers should be delivered to the attention of Tim M 713.829.2615 Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.

±2.29 ACRES AT 3318 HICKS ST 2 www.dmre.com

GALLERIAUPTOWN DISTRICT .0 MILES

C S S Alta West End Apts. S The Core Apts.

Alta Heights Apts.

HEIGHTS BLVD

TOWNHOMES WASHINGTON AVE H H VALUES UP TO 500 H S A WASHINGTON CORRIDOR Hike & Bike Trail TOWNHOMES VALUES UP TO 00

TOWNHOMES VALUES UP TO 500

LAKIN ST

HICKS ST .9 ACRES

±2.29 ACRES AT 3318 HICKS ST 3 Property Details www.dmre.com

Property Details LOCATION 3318 Hicks St, Houston, TX 77007 LAT., LONG. 29.771773, -95.393493 PARCEL NUMBER 0102470020001 TOTAL ACRES ±2.29 acres APPROX. FRONTAGE Hicks Street: 200 ft Lakin Street: 440 ft UTILITIES City of Houston SCHOOL DISTRICT Houston ISD PRICE To be decided by market COMMENTS Owner will subdivide

2017 Demographics 0-1 mi 0-3 mile 0-5 miles EST. POPULATION 2017 19,668 208,365 467,397 EST. POPULATION 2022 5.76% 5.83% 7.45% AVERAGE HOUSEHOLD INCOME $137,586 $136,111 $126,782 MEDIAN OWNER-OCCUPIED HOUSING VALUES $293,122 $283,152 $252,843 2017 Tax Rates 01 HOUSTON ISD 1.206700% 40 HARRIS COUNTY 0.418010% 41 HARRIS CO FLOOD CNTRL 0.028310% 42 PORT OF HOUSTON AUTHY 0.012560% 43 HARRIS CO HOSP DIST 0.171100% 44 HARRIS CO EDUC DEPT 0.005195% 48 HOU COMMUNITY COLLEGE 0.100263% 61 CITY OF HOUSTON 0.584210% TOTAL 2.528563%

±2.29 ACRES AT 3318 HICKS ST 4 5 www.dmreland.com ±2.29 ACRES3318 HICKS AT ST Property Highlights www.dmre.com

Prime Washington Corridor Development Opportunity

Ideal walkable location in the heart of Washington Corridor Major Employment Centers Retail & Entertainment Highlights • Located between two major area thoroughfares (Heights Blvd and • Houston Central Business District: 1.5 • White Oak Bayou Hike & Bike Trail: 600 ft Studemont St) in Houston’s hottest nightlife district miles (fast surface road access ) • Washington Avenue: 900 ft • Less than 1/2 mile from major Washington Corridor retail centers • Greenway Plaza/Upper Kirby: 3.5 miles • Kroger: 1000 ft anchored by Kroger, Walmart, and Sprouts Farmers Market • WalMart: 1700 ft • Galleria/Uptown District: 4.0 miles • Access to I-10 is less than 1/2 mile from the Property • Sawyer Heights Village: 2500 ft • Just over 1/2 mile from popular outdoor recreation along Buffalo Bayou, • Heights Hike & Bike Trail: 2500 ft including Spotts Park, Buffalo Bayou Park, Eleanor Tinsley Park, and a dog • Buffalo Bayou Park: 0.6 miles park • Memorial Park: 2.0 miles

FUTURE MIXED USE DEV.

N DURHAM DR

SAWYER ST

TC JESTER

White Oak Bayou Hike & Bike Trail Heights Hike & Bike Trail 2.2 CRES CROCKETT ST

CANDELARI’SBENJY’S THE BLUE FISH HEIGHTS BLVD LOWER HEIGHTS DISTRICT CLUTCH BAR FUTURE RETAIL DEVELOPMENT LIFE STORAGE PEARL BAR EL TIEMPO CANTINA PINK’S PIZZA VINTAGE CROSSFIT LINCOLN BAR SOMA SUSHIMAX’S WINE BEDROCKDIVE CITYMARY'Z COMICS MEDITERRANEANJOY YOGA CENTER STAR PIZZA ATLAS PUB LAURENZO’S KUNG FU SALOON HICKORY HOLLOW THE AMISH CRAFTSMAN ZOE’S KITCHEN WASHINGTON AVE ST YALE PORCH SWING PUB MEMORIAL ELEMENTARYWESTCOTT ST ROCKEFELLER HALL FIVE GUYS

F3 CROSS TRAINING WASHINGTON AVE HOUSTON MARTIAL ARTS ACADEMY

PLATYPUS BREWING

DARKHORSE TAQUERIATAVERN BARBA B&B BUTCHERS & RESTAURANT

THE CADDY SHACK

OGUN ART & WINE THERAPY BLOSSOM ST VELVET TACO COCO CREPES THE COUNTER LES GIVRAL’S NINJA RAMEN KITCHEN 713 URBAN EATS SAM’S CAFE Glenwood CONCRETE COWBOY EL REY TAQUERIA MIYAKO UNDERDOGS PUB CAFE LUXOR Cemetery ULA’S MEXICAN POLLO CAMPERO LAREDO TAQUERIA BUFFALO HEIGHTS JULEP PATRENELLA’S SpottsFUTURE MIXED USE DEV. BEER MARKET CO NELLIE KEYES PARK Park

BUFFALO WILD WINGS STUDEMONT ST DETERING ST FUEGO’S SALOON LIBERTY STATION CATALINA COFFEE

SHEPHERD DR MEMORIAL DR

DARWIN’S PUB SAMMY'S WILD GAME CHATTER’SGRILL CAFE 0.5 MILE

HENDERSON HEIGHTS PUB Buffalo Bayou Park

Memorial Park Benjy’s Heights Hike & Bike Trail Catalina Coffee Clutch Bar

±2.29 ACRES AT 3318 HICKS ST 6 Area Highlights www.dmre.com

Washington Corridor White Oak Bayou Hike & Bike Trail Parks & Outdoor Recreation The Washington Corridor is a unique urban neighborhood in the shadow of Downtown. Popular with young profes- Spott’s Park (0.5 mile from the Property) sionals, the heart of the corridor is its concentration of • 16.24-acre park features basketball and volleyball lively bars and trendy eateries along Washington Avenue. courts Residents of Washington Corridor enjoy an active lifestyle, • Children’s playground taking advantage of the nearby parks, bike trails, walkable retail, and a swift commute to Houston’s central business • Walking trails and a picnic area district (1.5 miles from the Property). Buffalo Bayou Park (0.6 mile from the Property) Pupular dining and nightlife destinations include Star Pizza, • 160-acre park stretching along Buffalo Bayou Porch Swing Pub, Pearl Bar, Max’s Wine Dive, Soma Sushi, • Visitors can rent paddle crafts; walk, jog and bike Velvet Taco, Benjy’s, Sanctuary Lounge, Darkhorse Tavern, the trails; enjoy the self-guided public art walk; Catalina Coffee, Liberty Station, Platypus Brewing, and and play frisbee or volleyball many more. • Connects to Sabine Promenade, a 23-acre Johnny Steele Dog Park Sawyer Heights waterfront park featuring hike and bike trails to Sesquicentennial Park in downtown

Stude Park (0.6 mile) • Playground and water playground • Lighted sports field • 0.83-mile hike and bike trail • Swimming pool • Indoor gym Yale St & Koehler St Johnny Steele Dog Park (0.6 mile) • Large and small dog ponds, shade structures, dog washing areas • Benches and drinking fountains

Memorial Park (2 miles from the Property) Memorial Park • One of the largest urban parks in the United B&B BUTCHERS States at 1,466 acres • Includes Memorial Park Golf Course • Includes facilities for tennis, softball, swimming, track, croquet, volleyball, skating, and cycling • Features the popular Seymour Lieberman Exer- cise Trail, a 2.93 mile crushed granite pathway that sees almost 3 million visits annually • Home to the Houston Arboretum & Nature Center, a 155-acre urban nature sanctuary with 5 miles of trails

±2.29 ACRES AT 3318 HICKS ST 7 Future Area Development www.dmre.com

Studemont Street Junction Lower Heights District Rendering - Retail at Studemont Street Junction Memorial Hermann Convenient Care Center Future Mixed Use Development Future Retail Development • Medical (Complete) - Memorial Proposed Retailers Hermann Convenient Care Center • Alliance Multifamily • ~74,000 SF Retail • ~8,625 SF Retail/Restaurant • ~3,300 SF Fast Casual Restaurant

Olivewood Cemetery

EXISTING

.9 SUMMER ST ACRES FUTURE

STUDEMONT ST

±2.29 ACRES AT 3318 HICKS ST 8 www.dmre.com

TOWNHOMES VALUES UP TO 500 Olivewood Cemetery

SUMMER ST

ALLIANCE Future Multifamily

.9 ACRES

KI ST

HICKS ST

±2.29 ACRES AT 3318 HICKS ST 9 Additional Highlights www.dmre.com Sawyer Heights illage

THE HEIGHTS Stude Park Elan Heights Apts. Heights Hike & Bike Trail Sawyer Heights Lofts

Future Retail Camden Heights Apts. Development

White Oak Bayou Hike & Bike Trail Olivewood SUMMER ST Cemetery STUDEMONT ST

Future Mixed Use Development TOWNHOMES ~8,625 SF Retail/Restaurant VALUES UP TO 500 ~3,300 SF Fast Casual Restaurant

Future Development ~74,000 SF Retail

ALLIANCE Future Multifamily

.9 ACRES

EAST ST

LAKIN ST HICKS ST

±2.29 ACRES AT 3318 HICKS ST 10 Houston Central Business District www.dmre.com 1.5 miles from the Property

GEORGE R BROWN CONVENTION CENTER Employment Entertainment & Attractions • Over 150,000 employees • Over ten million people visit Downtown annually • Over 3,000 businesses and 50.4 million SF office • 22 hotels and 7,300 hotel rooms space • 9 major performing arts organizations • Class A office occupancy is 85.6% • 2 million SF retail space • 754,000 SF of office space is under construction • Over 300 restaurants, coffee shops, and bars, includ- • Hosts 20 of Houston’s 26 Fortune 500 companies; 9 ing the renowned Xochi, Potente and Local Foods have their headquarters in

Top Employers Toyota Center MINUTE MAID PARK TOYOTA CENTER • Home of the NBA’s Houston Rockets Employer # Employees • The Toyota Center has a total of 750,000 square feet, with 18,300 seats available for basketball, 17,800 for Chevron 8,600 hockey, and 19,000 for concerts, including 2,900 club seats and 103 luxury, courtside seats Shell Oil Company 7,000 Minute Maid Park Chase Bank 4,892 • Home of the Houston Astros and Houston Aeros pro- fessional sports teams CenterPoint Energy 3,826 • Built in the year 2000, Minute Maid Park has a 242-foot George R Brown Convention Center high retractable roof • 1.9 million SF KBR 2,958 • Minute Maid Park has a gross square footage of 28.97 • $253 million economic impact acres, a total square footage of 1,263,240, and a total • Fronted by Avenida de las Americas, a boulevard NRG/Reliant Energy 2,300 of 40,963 seats running from Minute Maid Park to Hilton Ameri- ExxonMobil Corporation 2,200 GreenStreet cas-Houston, which features five restaurants and • Three-block, 570,000-square-foot mixed-use destina- festival and event space tion with shopping, entertainment and dining Hess 2,000 Houston Theater District • III Forks, McCormick & Schmick’s, House of Blues, • The Houston Theater District, an impressive 17-block Kinder Morgan 1,860 Lucky Strike cultural and entertainment center, is the second largest • Hosts NRG’s regional headquarters, one of the nation’s performing arts district in the U.S. next to Broadway in Deloitte 1,700 largest energy providers New York City • 90,000 square feet of collaborative office space with • Nine performing arts organizations with more than Enterprise Products Partners 1,360 easy access to transit and parking 12,900 seats for live performances • Home of the Hotel Alessandra – a 223-room luxury • Includes 130,000 square foot Bayou Place entertain- Ernst & Young 1,300 hotel ment complex offering popular restaurants, movies, and parks Waste Management, Inc. 1,270 Discovery Green Park • More than two million visitors annually • Two-acre picnic lawn with one-acre lake, jogging trail, PriceWaterhouseCoopers 1,236 performance stage, two dog parks, and multiple gar- • Venues include Alley Theater, Wortham Theater Center, dens Hobby Center, Sundance Cinemas, Jones Hall & Jones Plaza, House of Blues, Houston Ballet, and the Bayou LyondellBasell Industries 1,200 • Served as the planned entertainment zone, or “Super Music Center Bowl El Centro,” for the 2017 Super Bowl ±2.29 ACRES AT 3318 HICKS ST 11 Houston Central Business District www.dmre.com 1.5 miles from the Property

Market Office developments Overview RENDERING: HOTEL ALESSANDRA AND • Skanska resumed construction on Capitol Tower, its 35-story 754,000 SF office tower at 811 Rusk; the lead tenant, Bank of America, preleased 210,000 SF and has RETAIL acquired the naming rights for the tower HIGHLIGHTS • Chevron’s 1500 Louisiana is undergoing a $10 mil- lion renovation as part of the company’s relocation of 9 around 900 employees from its Bellaire campus new retailers • Global co-working giant WeWork will open its first Houston location Downtown in December 2017 in The THE TIPPING POINT Jones at Main at 708 Main; WeWork will occupy 86,000 SF, housing over 1,400 of its members; the facility

will accommodate a range of companies (individuals, The Tipping Point startup firms and entrepreneurs) and provide private RETAIL (CONTINUED) office space for 120+ employees of companies that The Tipping Point, Downtown’s first and only cre- An upscale white table cloth full-service restaurant, require a regular presence in Houston ative lifestyle destination, is open in the Historic W. L. Lucienne, and lobby bar, Bardot, are planned on the Foley Building at 214 Travis Street. Locally owned and second floor of the new Hotel Alessandra. The restau- • Hines unveiled its twenty-first owert in the Houston operated by native Houstonians since 2007, the store rant will feature Mediterranean cuisine from countries curates a select collection of limited-edition footwear, such as Portugal, Greece, France and Spain and seat skyline, 609 Main, at a grand opening on May 17; Hines books, art, apparel, music, and accessories that are a about 100. (Chronicle) is the building’s first tenant and moved into their new reflection of their creative lifestyle. (Website) Celebrity Chef Bryan Caswell, the chef-owner of Reef, Southwest regional office on the 44th floor on April 22; COMING SOON: El Real, and Little Bigs plans to open a new restaurant, the building is 60 percent leased B&BLAUNCH Butchers POPUP owner, Benjamin SHOP Berg, will be opening160FT Oxbow BEERWORKS 7, on the ground floor of the new Le Méridien Benjamin’s, a new 16,000 SF world-class restaurant on hotel at 1121 Walker St., and a rooftop bar, Hoggbirds on the ground and mezzanine floors of The Star apartment the 22nd floor. The restaurant and bar are expected to building at 1111 Rusk. The new restaurant is expected open along with the hotel on August 22. HBJ( , culturemap, toNew open towardsretail the& restaurantend of summer 2018. openings (Chronicle, Website) RENDERING: FINAL DESIGN OF HIGH SCHOOL Other developments & updates HBJ, RNR) FOR THE PERFORMING AND VISUAL ARTS • A new nanobrewery, 160ft BeerworksOwners of Montrose coffee shop Blacksmith, Morning- • The new 21-dock BCycle station, Downtown’s Café Cosmopolita will be opening on the ground star and Greenway Coffee & Tea plan to open Prelude • Bud’s Pitmaster BBQ opened at 1001Coffee Avenida and Tea inside de 609Las Main's lobby. (HBJ) fifteenth location, was installed at the Jury floor of SkyHouse Houston at 1625 Main Street in mid-September.Americas The independent specialty coffee shop Assembly Building located at 1202 Franklin Street with a modern and international theme will serve high Dallas-based restaurant and bar concept by Pat Green quality• Cake espresso Life based Co. drinks,, a local coffee, bakery tea, pastries, that specializesand FreeRange Concepts,in cust Theom Rustic , will open its first in June 2017 Houston location Downtown at 1836 Polk St., next to the breakfastcakes sandwiches and other beverages. • Uber Technologies Inc. and Cameron Manage- George R. Brown Convention Center. The 25,000-SF Finn• HallThe is set Conser to open invatory early 2018 Food at 712 Hall Main in and The Beerrestaurant Garden and bar at is expected1010 to open in the summer ment have named the Esperson Building as a Jones on Main. The 20,000-SF food hall will feature a of 2018 and create more than 200 Houston jobs. (HBJ) designated pickup and dropoff building dozen Prairiechef-driven added food outlets, new a craft food beer and and curated beverage vendors this wine bar,spring—Arte an art deco cocktailPizzeria lounge, from and pastry private chef Kelsey Hawkins; • Construction on the new Downtown campus of spaces. The food hall will serve breakfast, lunch and Mars Bakery, a doughnut and pastry bar; and Noble Rot the High School for the Performing and Visual dinner. (Chronicle, HBJ) Wine Bar, a “boutique wine bar” Arts (HSPVA) has topped out and the new High & Dry, a new rum bar set to serve up an “urban HSPVA campus is on track for completion in the oasis”• LwillAUNCH be opening, a on collaborative the second floor pop-upof 306 Main shop returned Down- Street. (Houston Eater) fourth quarter of 2018 town on April 1, featuring new local designers and artisans • The Lee and Joe Jamail Skatepark at Buffalo Bayou Park has reopened after a $2 million • Stack Burger, a casual restaurant and burger stand is renovation open at 703 St. Joseph Pkwy Downtown Houston Market Report 2Q 2017 4 • The Tipping Point, Downtown’s first and only creative lifestyle destination

±2.29 ACRES AT 3318 HICKS ST 12 www.dmreland.com 13 a 10-10-11 Date Date TREC No. OP-K TREC No. a question or complaint a or complaint question ; ://www.trec.texas.gov) ://www.trec.texas.gov) specifically instructs instructs the specifically required to treat each each treat to required shall treat all parties honestly parties all treat shall may not disclose that the owner will accept a accept will owner the that disclose may not pay will buyer the that disclose may not ) ) ) (1 (3 (4) or information any confidential disclose not may (2 rice greater than the price submitted in a written offer offer written a in submitted price than the greater rice intermediary. The written consent must state who will who state must consent written The intermediary. underlined or bold conspicuous in and, broker the pay an as obligations broker’s the forth set print, The intermediary. broker is The with comply to and fairly and honestly party as acts who broker A Act. License Estate Real Texas transaction: a in intermediary an price in authorized unless price asking the that less writing to do so by theowner; p unlessauthorized writingin todo byso the buyer; and informationany that partya in authorized unless disclose to not writing in broker byso do to required or information the disclose to writing The Texas RealEstate License Act ora court orderor if theinformation materially relates the to condition the of property. an as acting a broker consent, parties’ With the intermediary between the parties may appoint a person License Estate The Texas Real under licensed is who communicate broker to the with associated and Act and party one of instructions out carry and with anotherlicensed under person whothat is Actand and with communicate to broker the with associated party. other the of instructions out carry Ifyou choose to have a brokerrepresent you, the with agreement written a into enter should you the broker’s obligations clearly establishes that broker state should agreement The obligations. your and have You paid. be broker the will whom by and how any,representation, if of type the choose to right the broker a to fee a of payment Your receive. to wish you broker the that establish necessarily not does If you have represents you. regardingany questions you broker, the of responsibilities and the duties before proceeding. questions those resolve should to give the following information about about information to give the following yers, tenants, sellers and landlords. sellers tenants, yers, at P.O. Box12188, P.O. Austin, 78711-2188Texasat , 512-936-3000 (http by agreeing to act as a as act to agreeing by brokerage services to prospective bu brokerage services to Approved by the Texas Real Estate Commission for Voluntary Use Voluntary for Commission Estate Real Texas the by Approved Texas law requires all real estate licensees real all requires Texas law efore working with a real estate broker, you you broker, estate real a with working efore should knowthat the duties of a broker depend on whom If represents. broker the prospective a you are landlord or seller Information About Brokerage Services Information About Brokerage Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. subagent by accepting an offer of subagency from the from subagency of offer an accepting by subagent real A subagent may broker. in a different work listing assist can subagent or broker listing A office. estate and the buyer represent not does but the buyer buyer The first. ofowner the interests the place must shouldnot tell the owner’s agent anything the buyer an because know to owner the want not would any owner the to disclose must agent owner’s agent. the to known information material BUYER: THE REPRESENTS THE BROKER IF entering by agent buyer’s the becomes broker The usually buyer, the represent agreement to an into A agreement. representation buyer a written through buyer’sagent canassist the owner but does not represent theowner and must place theinterests of buyer’s a tell not should owner first.buyerthe The buyer the want not would owner the anything agent the to disclose must agent buyer’sa because know to agent. the known to information material any buyer AN INTERMEDIARY: AS ACTS THE BROKER IF the between intermediary an as may act A broker TexasThe with Real complies broker the if parties written the obtain must broker The Act. License Estate an as act to transaction the to party each of consent B (owner) or a prospective buyeror a or (owner) tenant (buyer), you for property the lists who broker the that know should acts who broker A agent. owner’s the is lease or sale cooperation in owner the represents subagent a as with the listing broker. A broker who actsa buyer’s as an as act may broker A buyer. the represents agent the if parties the parties between intermediary locating in you assist can broker A writing. in consent obtaining or lease, or contract a preparing property, a is broker A you. representing without financing you honestly. treat to by law obligated OWNER: THE REPRESENTS THE BROKER IF entering by agent owner’s the brokerThe becomes a through usually owner, the with agreement an into agreement, or - written listing Buyer, Seller, Landlord or Tenant Buyer, Seller, Landlord Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). 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