±6.71 Acres at 26001 Budde Spring, TX 77380

HOSPITAL FACILITIES Texas Children's Hospital The Woodlands CHI St. Luke's Health–Lakeside Hospital PORTOFINO SHOPPING CENTER CHI St. Luke's Health–The Woodlands Hospital Houston Methodist The Woodlands Hospital

Bowlero Chi Japanese Cuisine

WOODLANDS PKWY THE WOODLANDS TOWN CENTER iFly »1,000 acres of shopping, restaurants, and entertainment Arlan’s Market Red Rooster Grill » Contains over 6.9 million square feet of office space » Major employers include AonHewitt, Baker Hughes, Huntsman Company, Chevron Phillips Chemical Company, US Oncology and Entergy

GROGANS MILL– THE WOODLANDS OAK RIDGE DR HOME PRICES UP TO $1.2M

NURSERY RD

±6.71 ACRES BUDDE RD

WOODWIND VILLAGE APARTMENTS±6.71 Acres at 26001 Budde Spring, TX 77380

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

Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Senior Associate 713.955.3120 [email protected] [email protected] O 713-955-3127 O 713-955-3121 777 Post Oak Blvd Houston, TX 77056 M 713-459-8123 M 918-629-5592 www.dmreland.com

Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the Principal Senior Associate disposition of ±6.71 acres at 26001 Budde Road david.marshall@dmreland. [email protected] in Spring, Texas (Property). All inquiries about the com O 713-955-3123 Property should be directed to DMRE. O 713-955-3126 M 713-254-3824 M 713-206-1574 Due Diligence Information To access the due diligence information please visit the Property website at: www.dmreland.com Tom Dosch Tripp Rich Principal Analyst Offer Requirements [email protected] [email protected] Offers should be presented in the form of a non-binding O 713-955-3125 O 713-955-3124 Letter of Intent, and should include: M 713-557-4455 M 936-635-6968 • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit • Description of Debt/Equity Structure • Qualifications to Close Clark Dalton Kenneth Danna • Development Plans Vice President Analyst Purchase terms shall require cash to be paid at closing. [email protected] kenneth.danna@dmreland. com Offers should be delivered to the attention of Tim O 713-955-3122 Dosch, David Marshall, Tom Dosch, or Becky Hand via M 832-449-2223 O 713-955-3120 fax or email. M 713-829-2615

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 2 Property Details www.dmreland.com

Property Details Excellent land development opportunity in Spring • Ideal location between The Woodlands and Springwoods Village LOCATION 26001 Budde in Spring, TX 77380 • Zoned to Conroe ISD, the largest district in the State to ever achieve the highest LAT., LONG. 30.138505, -95.451678 rating of Exemplary in 2010 TOTAL SIZE ±6.71 acres • Located just one block from I-45 • Surrounded by affluent single family neighborhoods, including Grogan’s Mill of PARCEL ID 0599-01-00701 The Woodlands COUNTY Montgomery Distance to major highlights SCHOOL DISTRICT Conroe Independent School District • Major retail at Rayford Rd & I-45: 1 mile UTILITIES Available • The Woodlands Town Center: 1.5 miles PRICE To be decided by market • The Woodlands Mall: 1.6 miles • The Woodlands Market Street: 1.8 miles • Exxon Mobil Campus: 2.3 miles 2017 Tax Rates • Hughes Landing: 2.5 miles CAD- Appraisal District 0.0000 • Springwoods Village: 2.5 miles F08- Emergency Ser Dist #8 0.1000 GMO- Montgomery Cnty 0.4667 HM1- Mont Co Hospital 0.0664 GROGANS MILL– THE WOODLANDS JNH- Lone Star College 0.1078 HOME PRICES UP TO

MSM- So Mont Co Mud 0.1600 LAKE LAWN DR SCO- Conroe ISD 1.2800 VICKSBURG Total 2.1809 HOME PRICES UP TO $420K OVERLAKE DR MAPLE BRANCH ST

2017 Demographics 0-1 mile 0-3 miles 0-5 miles EST. POPULATION 12,825 59,041 166,562 ±6.71 ACRES NURSERY RD 5-YR EST. POPULATION GROWTH 18.97% 18.23% 14.87% AVERAGE HOUSEHOLD INCOME $93,219 $115,537 $118,228 MEDIAN OWNER-OCCUPIED HOUSING VALUES $193,471 $196,359 $203,611

BUDDE RD

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 3 Property Details www.dmreland.com

Conroe ISD • 6,000 employees • One of the fastest growing school districts in the State RESEARCH FOREST DR with an average enrollment growth of approximately The Woodlands 28,000 Acres • 114K Population

1,500 students per year Recreated LOGO 63K Employees • 21M SF Office • 13th largest district in the State and 70th largest district in the United States Enriching lives through innovation • Serves over 59,000 students over 60 campuses • Largest district in the State to ever achieve the highest rating of Exemplary in 2010 WOODLANDS PKWY • Achievement scores continue are well above the State and national averages: Conroe ISD graduation rate of 95.7% is one of the highest in the State GROGANS MILL RD

GLEN LOCH DR • Selected by the Educational Results Partnership (ERP) GOSLING RD ±6.71 and the Institute for Productivity in Education (IPE) as ACRES one of nine public school districts in Texas to receive the title of 2015 Honor Roll District The Woodlands • Received a 1.1 rating from the Education Resource Group (ERG) for high academic performance by 2,000 acres students and efficiency in spending; the District is 1 of RAYFORD RD SAWDUST RD Capacity for 8M SF Commercial 10 school districts in Texas to receive this top ranking 1M SF Retail • 35K Employees 3,500 Housing Units • One of only three of the 1,100+ public schoolW RAYFORD districts RD in Texas to be recognized six years in a row for high academic achievement while maintaining cost- effective operations

KUYKENDAHL RD

SPRING SPRING STUEBNER RD

HOLZWARTH RD

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 4 Property Aerial www.dmreland.com

RAYFORD FOREST HOME PRICES UP TO $325K HAVENWOOD OFFICE PARK 249,561 SF Class A Office

OAK RIDGE DR

RYE ST

BUDDE RD

NURSERY RD

±6.71 ACRES

BENJI’S PL WOODWIND VILLAGE APARTMENTS

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 5 Property Aerial www.dmreland.com

Campus SPRINGWOODS VILLAGE

GROGANS MILL RD SAWDUST RD

Rookies Sports Bar & Grill 19th Hole Grill & Bar Martinis & More My Gym Children's Pho Be Asian Kitchen Fitness Center 88 Grand Buffet Chinese Cuisine Cielo Latin Bar Fat Ogre Games & Kobe Japanese Grill and Sushi Cilantros Mexican Grill Comics Probodies Fitness The Olive Oil Restaurant Sitar Cuisine of India Herb & Beet Nutrition Depot Yogurt Wurx Amerigo's Grille Hyderabad House Fukuda Japanese Greek Tony's Pizza & Sub Shop CubeSmart The Woodlands Academy of Art Barney's Billiard Saloon Self Storage VICKSBURG The Woodlands Academy of Music Yun Loy Asian Market The Flying Pug HOME PRICES UP TO $420K Breathe Pilates Studio, Inc Sports Pub The Learning Lane Papa Murphy's The Woodlands Yoga Studio Take 'N' Bake Pizza Top Florist

WOODWIND VILLAGE BUDDE RD APARTMENTS

MAPLE BRANCH ST ±6.71 ACRES

NURSERY RD

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 6 Property Aerial www.dmreland.com

28,000-acre award winning master planned community

HUGHES LANDING

PINECROFT CENTER Lake Woodlands

Tournament Course

THE WOODLANDS TOWN CENTER 1,000 acres of shopping, restaurants, and entertainment

GROGANS MILL– THE WOODLANDS HOME PRICES UP TO $1.2M

NURSERY RD WOODWIND VILLAGE ±6.71 ACRES LAKE LAWN DR APARTMENTS

BUDDE RD

OVERLAKE DR VICKSBURG HOME PRICES UP TO $420K

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 7 Springwoods Village www.dmreland.com 2.5 miles from the Property

CityPlace ABS GLOBAL HQ Springwoods Village is a 2,000 acre master planned • CityPlace 2, at 10-stories and 327,000 SF, will be community situated just south of The Woodlands and the new home to American Bureau of Shipping; 20 miles north of downtown Houston. The community includes 25,000 SF of ground floor retail and is is a new model of sustainability and greener living for scheduled for completion in October 2018 the Houston region, preserving its natural ecosystems, • CityPlace 1, a new 149,600-square-foot office build- building energy-smart new homes, and reducing depen- ing, is currently in the planning stages dence on the car by providing a walkable mix of retail, dining, offices, and public amenities. American Bureau of Shipping (ABS) Springwoods Village will build out its master plan over the next 10+ years. At buildout, Springwoods Village will • Will be located in the 10-story, 326,800-SF City- achieve: Place 2 mixed-use project • 8 million square feet of commercial space • With 1,200 employees, ABS will occupy all of the office space in the building on a long-term basis for • 1 million square feet of retail space its headquarters operations • 35,000 employees • 3,500 housing units HP Corporate Campus • 378,000 square feet in two buildings and approximately 2,400 employees • Began construction in early 2017; completion CHI St. Luke’s Health expected by third quarter 2018 • Phase I opened in January 2016: 55,000-square- foot ambulatory medical center; 4 inpatient beds, 10 NEW: Marriott CityPlace emergency room beds, four operating suites, two • Broke ground March 2017 endoscopy suites, full diagnostic imaging capabilities and 100,000 square feet of medical office space; the • 10-story, 337-room hotel will be the first full-service hospital will have 250 beds at build out hotel in CityPlace when it opens in November 2018 • Initial investment for the project was $120 million; St. Luke’s has committed up to $70 million over the next five years EXXONMOBIL CAMPUS

ExxonMobil Corporate Campus HP CORPORATE CAMPUS • 385-acre campus completed in 2015 • Relocated 10,000 employees to the area • 3 million square feet

Southwestern Energy • Headquarters completed in 2014 • 515,000 square feet • Approx.1,500 employees (expected to grow to 3,000)

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 8 The Woodlands www.dmreland.com 1.5 miles from the Property

The Woodlands Town Center CHI St Luke’s Health - The Woodlands HUGHES LANDING One of the most active commercial building Hospital markets throughout Houston • 62-acre campus • 1,000-acre “downtown” of The • 242-private-bed, nonprofit hospital Woodlands contains over 6.9 million • Offers a full range of family healthcare, square feet of office space from pediatrics to geriatrics, from • Home of Anadarko’s two iconic towers: emergency services to birthing center, 807,586-square-foot Allison Tower and and from diagnostics to surgery 550,000-square-foot Hackett Tower • Other major employers include Texas Children’s Hospital - AonHewitt, Baker Hughes, Huntsman The Woodlands Company, Chevron Phillips Chemical • 548,000 square feet on 22 acres Company, US Oncology and Entergy • 24 emergency center rooms, 74 outpatient rooms, five radiology rooms, Hughes Landing four operating rooms and initially 30 • Class A Office: One Hughes Landing, acute care beds, which could expand to Two Hughes Landing, Three Hughes up to 200 beds Landing, 1725 Hughes Landing Blvd., 1735 Hughes Landing Blvd. Top Employers in The Woodlands • Hospitality: Embassy Suites by Hilton NEW DEVELOPMENTS Anadarko 3867 with 205-suites, 24-hour fitness center Three Hughes and rooftop infinity pool Memorial Hermann The Woodlands 2001 Landing: 12-story, 321,000-squarefoot • Multifamily: One Lakes Edge luxury ExxonMobil 1900 residences with 390 units Class A office building Aon Hewitt 1800 with an on-site confer- Memorial Hermann The Woodlands ence room and fitness CHI St Luke's Health - The Woodlands 1510 center; currently 30% leased • 294-private bed, full-service, acute CB&I 1008 1725 Hughes Landing: 13-story, care facility THE WOODLANDS TOWN CENTER Huntsman Corporation 894 332,000-squarefoot Class A office • Employs over 780 medical staff building with an on-site conference room physicians, 1,300 employees, and 250 Woodforest National Bank 817 (seats up to 100) and fitness center volunteers Repsol USA 710 • Features a diabetes self-management program, a certified primary stroke Chevron Phillips Chemical Company 678 center, sports medicine, rehabilitation Cynthia Woods Mitchell Pavilion 625 and physical therapy, occupational therapy, speech therapy, registered McKesson Specialty Health 616 Houston Methodist - The Woodlands Hospital: Now open - a full-service, acute dietitians and an emergency center Baker Hughes 550 accredited as a Level III trauma center hospital featuring women’s services, breast cancer center, childbirth center, by the State of Texas MEMORIAL HERMANN THE WOODLANDS Entergy 471 and neurology and neurosurgery

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 9 The Woodlands www.dmreland.com 1.6 miles from the Property

The Woodlands Mall HUGHES LANDING THE WOODLANDS MALL

• 1.3 million square feet of shopping and dining • More than 160 stores including Aldo, Anthropologie, Apple, Athleta, Banana Republic, Bath & Body Works, Buckle, Brookstone, Clarks, Coach, Express, Finish Line, Gap, GNC, Kiehl’s, Loft, Microsoft, Oakley, Sephora, Urban Outfitters, Victoria’s Secret, and more • Restaurants include Fleming’s, The Cheesecake Factory, and P. F. Chang’s MARKET STREET Hughes Landing

• 66-acre mixed-use development on Lake Woodlands • Retailers include: 18|8 Fine Men’s Salon, Beauty Statement, Blo Blow Dry Bar, Cadence Bank, Fleet Feet Sports, Focus Optical, Fred Astaire Dance Studio, ivivva, KB Kasuals, Kriser’s Natural Pet, Norton Ditto, Pure Barre, RIDE Indoor Cycling, Venetian Nail Spa, vom FASS Oils Vinegars Spirits, Willa Boutique and Cynthia Woods Mitchell Pavilion Woodlands Laser • Outdoor amphitheater seats 6,500 with capacity • Restaurants include: The Blue Fish, Broken Barrel, for an additional 10,000 on the lawn California Pizza Kitchen, CUPS Frozen Yogurt, Del • Presents between 50 and 65 events every March Frisco’s Grille, Escalante’s Fine Tex-Mex, Fogo de Chão, through December Local Pour, Macaron by Patisse, Starbucks, Truluck’s Seafood, Steak & Crab House, and Whole Foods Market • Summer Home of the Houston Symphony, the Home Away from Home of the Houston Ballet, and • Amenities: Lakes Edge water sport rentals, boardwalk, a presenting venue for the Houston Grand Opera band/entertainment area, dog park, connection to hike and Texas Music Festival Orchestra and bike trails, Overlook Park and Wetlands Park

Market Street • Over 70 high end retail shops including Tiffany & Co., Brooks Brothers, and Michael Kors • 17 dining establishments including 1252 Tapas Bar, La Madeleine, and Uni Sushi • Hyatt Centric (70 keys) • Market Street Cinemark movie theater • WiFi-enabled central park

±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 10 10-10-11

Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. Information About Brokerage Services

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

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 , 512-936-3000 (http://www.trec.texas.gov) TREC No. OP-K

11 777 POST OAK BLVD HOUSTON, TEXAS 77056