±12 Acres on Buffalo Speedway & Main Street , | EXECUTIVE SUMMARY

CBD N

TEXAS MEDICAL CENTER RICE VILLAGE

NRG STADIUM

MAIN STREET

KNOLLWOOD $400K-$1.2M

TOWNHOMES - $400K-$700K

PEMBERTON CIRCLE ±12 ACRES $400K-$550K

BUFFALO SPEEDWAY

KNOLLWOOD $300K-$900K

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a Texas licensed real estate broker (“HFF”). TOMBALL

SPRING

KINGWOOD Executive Summary

HUFFMAN

HFF, as exclusive advisor to the owner, is pleased to offer qualified 6 LAND SIZE George Bush investors a unique opportunity to acquire a ±12 acre infill land parcel Intercontinental±11.83 Airport ACRES (the “Property”) located just south of the world renowned Texas Medical ±515,315 SQUARE FEET ATASCOCITA Center. The Property benefits from desirable frontage on both Buffalo Speedway and Main Street. Additionally, Interstate Loop 610 is just FRONTAGE Lake Houston seconds away from the site and provides quick access throughout ±457 FEET ON BUFFALO SPEEDWAY . This offering represents a rare opportunity to acquire a ±352 FEET ON MAIN STREET large undeveloped urban land parcel ideal for a variety of uses within Houston’s booming Inner Loop. TRAFFIC COUNT INVESTMENT HIGHLIGHTS 7,615 BUFFALO SPEEDWAY 45,174 MAIN STREET • Situated within Houston’s prestigious Inner Loop. 222,925 INTERSTATE 610 • Exclusive combination of prime frontage on the busy thoroughfare of Main Street coupled with frontage on the quiet, residential Buffalo Speedway making the Property ideal for a variety of uses. Bear Creek GARDEN Pioneers Park • Located just southwest of the , the world’s largest OAKS medical center. West Houston Airport SPRING GREATER BRANCH • Less than a mile west of NRG Park (Home of the Texans and Rodeo Houston). HEIGHTS ENERGY CORRIDOR • Offering quick access to locations throughout the Greater Houston Area via Buffalo Speedway, Main Street, and Interstate 610. • Rare large-scale infill development opportunity. CBD George Bush RIVER OAKS Park/Eldridge • Houston is one of the strongest economies in the nation with thriving energy, GALLERIA BAYTOWN CINCO RANCH financial, manufacturing, medical, and shipping industries. WESTCHASE

PROPERTY INFORMATION BELLAIRE ±12 ACRE SITE

Price To be determined by the market ALIEF PASADENA Current Use Undeveloped Land

Floodplain Not in the Floodplain ALT William P. Tax Rate 2.570649 Hobby Airport Sugar Land Regional Airport SUGAR LAND MISSOURI CITCITY Ellington Field

Houston Ship Channel RICHHMMOONND CLEAR LAKE

± 12 Acres on Buffalo Speedway & Main Street PE ARL A N D 2 | HFF

Clear Lake

FRIENDSWOOD

LEAGUE CITY Houston Southwest Airport Smithers Lake Aerial Photograph

N GALLERIA

GREENWAY PLAZA

WEST UNIVERSITY $700K-$3.8M

BELLAIRE $450K-$2.5M BRAES HEIGHTS $600K-$1.8M

KNOLLWOOD $400K-$1.2M

±12 ACRES BUFFALO SPEEDWAY

MAIN STREET

± 12 Acres on Buffalo Speedway & Main Street 3 | HFF ± 25 Acres in Sienna Plantation | Missouri City, Texas 3 | HFF

Aerial Photograph

N N

MAIN STREET

±12 ACRES

BUFFALO SPEEDWAY

± 12 Acres on Buffalo Speedway & Main Street 4 | HFF ± 25 Acres in Sienna Plantation | Missouri City, Texas 4 | HFF Area Overview

TEXAS MEDICAL CENTER education and patient and preventive care. In addition to the 21 hospitals, there are 13 support organizations, eight academic and research institu- tions, six nursing programs, three public health organizations, three medical schools, two universities, two pharmacy schools and a dental school. In 2013, two new member institutions joined the Texas Medical Center: Menninger Clinic and Victoria School of Nursing. NRG STADIUM NRG Stadium is a multipurpose stadium that opened in 2002 with a seating capacity of 71,054 and is home to the National Football League’s . One of the unique features of NRG is the massive retractable roof, the first in the NFL. In addition to the Texans, but equally as important, NRG also plays host to the Houston Livestock Show and Rodeo (HLSR). The area that surrounds the Stadium includes the , NRG Arena, NRG Center, and Carruth Plaza. This collection of entertainment and convention buildings Houston offers a strong foundation of academic institutions, research centers, is known collectively as NRG Park. Other than the Texans and HLSR, NRG Park hospitals, and clinics that have served as a significant driver of economic also hosts numerous sporting and convention events such as the major events growth. Mirroring patterns shown in the U.S. economy, Houston’s health & of Grand Prix of Houston and the Offshore Technology Conference (OTC). educational services sector has provided the most consistent expansion Additionally, NRG is home to Boat Shows, the Nutcracker Market, the Texas of any employment category over the past decade. This trend continued Bowl, international soccer matches, high school and college level football in 2014 with the sector adding 23,100 jobs over the preceding 12 months, games, along with multiple concerts and performances. equating to an impressive 6.79% growth rate. The primary focus of this growth is within the internationally renowned, 1,300+ HOUSTON TEXANS acre Texas Medical Center – the world’s largest medical complex with 21 The Houston Texans are Houston’s hospitals and over 100 professional office buildings housed in 45.8 million beloved NFL team. They are the youngest square feet. In fact, the center is the eighth largest business district in the franchise in the league having joined in United States – behind downtown Philadelphia and Seattle. 2002. Backed by the team’s owner, Bob The Center’s academic and medical institutions include the Baylor College McNair, and with the support of a large of Medicine, Rice University, University of Houston, the University of Texas fan base, the Texans have become a MD Anderson Cancer Center, Memorial Hermann Hospital, CHI St. Luke’s strong competitor in the AFC having won Health, Texas Heart Institute and the Methodist Hospital. The Medical Center the AFC South in 2011 and 2012. is home to one of the first – and the largest – air ambulance services, houses a

world-renowned inter-institutional transplant program, three Level 1 trauma 2017 SUPER BOWL centers, and performs more heart surgeries than anywhere else in the world. The City of Houston was recently awarded its third ever Super Bowl in 2017. By beating out Miami for the Super Bowl LI, Houston will be able to experience More than 7.2 million patients visit the center annually, including over 16,000 the positive economic impact that comes with being a host city. In addition, international patients. The Texas Medical Center’s 54 member institutions, all it will be a chance to show the worldwide television audience what a vibrant of which are non-profit, are dedicated to the highest standards of research, and international city Houston truly is.

± 12 Acres on Buffalo Speedway & Main Street 5 | HFF ± 25 Acres in Sienna Plantation | Missouri City, Texas 5 | HFF Area Overview

HOUSTON LIVESTOCK SHOW AND RODEO style homes available as well as new construction homes. Areas around the Property are highlighted by Knollwood, Bellaire, Braes Heights, and West The Houston Livestock Show and University Place. Rodeo (HLSR) is a 20 day event that is held at NRG Stadium. The Rodeo is one of the most attended events in the world with a 2014 attendance figure of 2,485,721. The HLSR features rodeo entertainment along with some of the world’s largest recording artists such as Pitbull, Fall Out Boy, and George Strait. The HLSR is also famous for the “The Cookoff” which is a three day event preceding the rodeo where patrons gather in teams on the southern parking lot of NRG Stadium. This is one of the most popular events in Houston and set an attendance record in 2013 of 264,132. STRONG DEMOGRAPHICS LIGHT RAIL The Property has outstanding demographics to support a variety of The $325 million Main Street light rail line development with key measures that far exceed Houston MSA averages. opened in January 2004 ahead of the 2004 Super Bowl. Traversing a 7.5 mile 12 ACRES ON MAIN 3-MILE RADIUS HOUSTON MSA corridor through Downtown, Midtown, the Population 115,780 6,824,693 Museum District, , the Texas Avg HH Income $113,429 $82,208 Medical Center, and NRG Park, the Main %Avg HH Income > $100K 34% 27% Street light rail line is the first phase of an % College Educated 70% 35% already expanding network of urban light rail corridors. The Main Street line is well used by commuters to Downtown SCHOOLS and the Texas Medical Center as well as by patrons of NRG Park. Currently, the Main Street light rail line is experiencing an average of over 40,000 riders The Property is in the Houston Independent School District (ISD) and is within per day; a level that was not expected to be achieved until 2030. The Main an eight-minute drive of all three schools to which it is zoned. The Property Street line also connects in Downtown with the North line extension, the East is zoned to some of Houston ISD’s best performing schools including Bellaire End, and the Southeast light rail lines. High School. SURROUNDING RESIDENTIAL SCHOOL DISTANCE ENROLLMENT Longfellow Elementary 0.6 764 The neighborhoods that surround the Property feature some of Houston’s most Pershing Middle 2.0 1,653 sought after single family homes and townhomes as well as more affordable Bellaire High 3.4 3,575 housing options. Nearby neighborhoods are undergoing a redevelopment cycle offering a variety of housing product with many traditional ranch

± 12 Acres on Buffalo Speedway & Main Street 6 | HFF ± 25 Acres in Sienna Plantation | Missouri City, Texas 6 | HFF Area Overview

DOWNTOWN is a Greenway Plaza pioneered what is dynamic, 24/7 pedestrian- commonly known today as “mixed-use” friendly CBD with imme- development over 40 years ago and diate access to world class continues to be one of Houston’s major amenities. With over 47 million employment centers. The landmark square feet of office space, 65-acre property features 10 office Downtown Houston is the buildings totaling 4.3 million square feet, city’s largest concentration of twin 30-story residential condo towers, a office space and serves over 388-room Doubletree Hotel, and a mix 150,000 employees. The area of retail and restaurants. The property is is highlighted by dramatic also home to Lakewood Church, which is high-rise office buildings but the largest non-denominational church also contains world class in the U.S. averaging 43,500 worshippers hotels, luxurious residences, per week. Today, Greenway Plaza is home to over 40,000 workers. and exciting entertainment destinations. Downtown also GALLERIA contains Houston’s impressive Centrally located and Theater District, which spanning approximately 500 encompasses nine renowned acres, /Uptown performing arts organizations District is approximately ten and variety of venues. A major attraction to Downtown Houston is the 1.8 miles west of downtown million square foot George R. Brown Convention Center. Downtown Houston Houston. Anchored by Post also attracts sports enthusiasts with Houston’s baseball, basketball, and Oak Boulevard, alongside soccer stadiums all located nearby. The strength of Houston’s Downtown Memorial Park, and flanked continues to build with new projects and investments being announced at by the world-famous a consistent and steady pace. The attraction of downtown not only serves Galleria, the District is home to give the city a thriving 24 hour district but also plays a major role in the to 23 million square feet of continued economic diversification and development of Houston overall. commercial office space, five million square feet of RICE VILLAGE retail space, 7,100 hotel rooms, more than 100 restaurants, and a booming Rice Village is one of Houston’s most popular shopping districts. Dating back residential market. More than 200,000 international business professionals, to the 1930s, Rice Village encompasses a sixteen block shopping area and fashionistas, city dwellers and tourists from around the globe converge in includes an eclectic assortment of restaurants, galleries, national retailers, the area daily. Defined by its unique blending of prestigious business and one-of-a-kind boutiques, and professional and business services. Recently, residential addresses with the best in shopping, dining, and entertainment, there have been several new multi-family developments that have added the Galleria/Uptown District is one of the world’s leading urban districts and to Rice Village’s unique walkable feel. hosts more than 24 million visitors annually.

± 12 Acres on Buffalo Speedway & Main Street 7 | HFF ± 25 Acres in Sienna Plantation | Missouri City, Texas 7 | HFF Information About Broker Services

Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by accepting an offer of subagent from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know, because a buyer’s agent must disclose to the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:

1. shall treat all parties honestly;

2. may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner;

3. may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

4. may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.

With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party.

If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.

TEXAS LAW REQUIRES THAT ALL REAL ESTATE LICENSEE’S PRESENT THIS INFORMATION TO PROSPECTIVE SELLERS, LANDLORDS, BUYERS OR TENANTS.

ACKNOWLEDGMENT: Please acknowledge your receipt of this information, for Broker’s records:

[PROPERTY NAME] - [PROPERTY CITY, STATE]

______

OWNER (LANDLORD) OR BUYER (TENANT) OR AUTHORIZED REPRESENTATIVE

Date:______

± 12 Acres on Buffalo Speedway & Main Street 8 | HFF 8 | HFF ±12 Acres on Buffalo Speedway & Main Street

INVESTMENT SALES HFF HOUSTON

DAVIS ADAMS 9 Greenway Plaza, Suite 700 Managing Director Houston, Texas 77046 (713) 852-3558 Phone: (713) 852-3500 [email protected] Fax: (713) 852-3490 www.hfflp.com MARK BRAMLETT Real Estate Analyst (713) 852-3469 [email protected]

©2015 HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 23 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.

HFF has been engaged by the owner of the property [properties] to market it [them] for sale. Information concerning the property [properties] described herein has been obtained from sources other than HFF and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.