2020 Restaurant Agreement
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Houston Retail August 2016
MARKET WATCH HOUSTON RETAIL AUGUST 2016 RECENT RETAIL LEASES RETAIL LEASE STATISTICS Baytown/Chambers :: Marshalls 23,000 SF new lease at Baytown Marketplace Overall Vacancy Rates Asking Rental Rates (NNN) Pasadena/Galena Park :: Boot Barn 11.0% $18.25 13,249 SF new lease at Federal East Plaza 10.0% $18.00 Pearland/Manvel :: Village Family Practice 8,763 SF new lease at Silverlake Plaza Shopping Center 9.0% $17.75 RECENT RETAIL SALES 8.0% $17.50 Copperfield :: West Junction Center 64,340 SF 7.0% $17.25 Buyer: Transnational Investments Seller: KBP Group III 6.0% $17.00 5.0% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 $16.75 RETAIL IN THE NEWS 13 13 13 14 14 14 14 15 15 15 15 16 16 Paris gelato shop arrives in River Oaks District Source: CoStar - Houston retail buildings 5,000 SF and greater with French flair and rose-shaped cones link to story CultureMap Houston, August 23, 2016 Retail Sales Statistics HOUSTON MSA UNITED STATES SoulCycle’s second Houston studio sets opening QUARTER TO LAST QUARTER TRAILING 12 LAST QUARTER TRAILING 12 date DATE (Q2 2016) MONTHS (Q2 2016) MONTHS link to story Volume ($ $78.1 $357.1 $1,401.3 $17,774.7 $80,587.8 Houston Business Journal, August 19, 2016 Mil) No. of 14 30 149 1,404 6,856 Fast-growing pizza chain continues Houston Properties expansion Total SF 469,938 1,586,161 8,750,872 79,754,256 410,607,933 link to story Average N/A $185 $201 $232 $210 Houston Business Journal, August 16, 2016 Price/SF Average Cap N/A 7.8% 6.7% 6.4% 6.5% Rate (Yield) Source: Real Capital Analytics Retail Market Indicators DIRECT -
2018 Holiday Shopping Card Retailer List 29 North at the Post Oak Hotel
2018 Holiday Shopping Card Retailer List 29 North at The Post Oak Hotel Attitudes Paris; david-coiffure 51 fifteen Cuisine & Cocktails AVANTE LASER AND MEDISPA 7 for All Mankind Baanou Boutique A bientot Baby's & Kids 1st A. Taghi Fine Apparel & Shoes Baccarat River Oaks District Abejas Boutique Back Row Home Abrahams Oriental Rugs Bag 'n Baggage Abrahams Oriental Rugs - West U Bailey Banks & Biddle Abrahams Oriental Rugs - Woodway Bayou City Angler Adara Medical Spa BB1 Classic Adelaide's Boutique Be Sweet Ink Adelaide's Boutique Beckrew Wine House AG Jeans Beehive Houston Alchemia Bella Rinova Spa & Salon Alex and Ani Bellaqua Salon and Spa Alice + Olivia Bering's All About You Bering's Allen Edmonds Big Blue Whale Toys & Curiosities Al's Handmade Boots Bike Barn Alyson Jon Interiors Bill Walker Clothier Amazing Body Store at The Health Museum Billy Reid ANN MASHBURN Birch Modern Mercantile Anthropologie - Baybrook Mall Biscuit Home Anthropologie - CITYCENTRE Blondie's Treasure Chest Anthropologie - Highland Village Blue Leaf Anthropologie - The Woodlands Blue Willow Bookshop Antiquarium Studio - Fine Art and Custom Framing Body Mind & Soul Anything Bling Boutique Body Works & Fitness Studio Anything Bling Boutique Bonobos Anything Bling Boutique Bottega Veneta Arden's Picture Framing Bouchée Patisserie Ardith & Paul Custom Picture Framing Boxwood Interiors AREA Bradley's Art & Frame ARHAUS Branche ARHAUS - Baybrook Mall Brazos Bookstore ARHAUS - The Woodlands Briargrove Pharmacy & Gifts Artisan Designs Brighton Collectibles - Baybrook -
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Beechnut & Frankway - Houston, Texas 4545 /// beechnut plaza DEVELOPED BY //////////////////////// Citycentre 17 minutes DOWNTOWN HOUSTON 17 minutes river oaks upper Kirby 12 minutes 10 minutes I-45 galleria greenway 6 minutes 6 minutes I-69 texas overview 4545 Beechnut Plaza is centrally medical west center located near highly desired I-610 university 4 minutes 9 minutes neighborhoods such as Bellaire, W Holcombe Blvd location West University, River Oaks and bellaire 4545 /// beechnut plaza Memorial. This premier medical 3 minutes US-288 office building offers easy access Beechnut St meyerland to the 610 Loop/I-69 and is 3 minutes I-610 located less than ten minutes from Braeswood Blvd the Texas Medical Center. 45454545 ////// beechnutbeechnut plazaplaza //////////////////////// BELLAIRE WEST UNIVERSITY 18,479 15,477 population population $262,721 $330,459 average HH income average HH income 44 41 average age average age demographics RIVER OAKS/AFTON OAKS MEMORIAL 20,839 26,078 population population $172,353 $193,480 average HH income average HH income neighborhood 36 39 average age average age 45454545 ////// beechnutbeechnut plazaplaza PLATE FULL OF AMENITIESPLATE FULL OF WithinAMENITIES two miles of the city’s finest dining + retail + entertainment Within two miles of the city’s finest dining609 + retail + entertainment260 RETAILERS609 RESTAURANTS260 RETAILERS22 RESTAURANTS363 ENTERTAINMENT SERVICES //////////////////////// ///// 5 miles or less to22 Houston’s 363finest AREAENTERTAINMENT RETAILERS + RESTAURANTSSERVICES AREA RETAILERS -
Richmond Square
theGalleria WILLIAMS TOWER LAKES ON POST OAK MANHATTAN 3009 POST OAK CONDOMINIUMS THE PLAZA ON RICHMOND BROADSTONE POST OAK APARTMENTS GALLERIA OAKS RICHMOND AVENUE FUTURE APARTMENTS MIXED-USE POST OAK BOULEVARD DEVELOPMENT IH 610 | WEST LOOP FREEWAY RICHMOND SQUARE RICHMOND SQUARE HOUSTON, TEXAS | EXECUTIVE SUMMARY Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a Texas licensed real estate broker (“HFF”). | RICHMOND SQUARE The Gateway to the Galleria Aerial View Facing Northeast KEY Employment 1 Lakes on Post Oak 22 2 3009 Post Oak - Alliantgroup HQ 23 MEMORIAL DR 3 Williams Tower - Hines HQ 20 4 Post Oak Central 5 Four Oaks Place- BHP Billiton HQ 11 6 6 Amegy Bank HQ 5 15 19 Mixed-Use 9 10 7 Galleria 3 4 14 8 Proposed Mixed Use 18 9 River Oaks District 13 10 BLVD Place- Whole Foods 11 Uptown Park 2 Retail 21 12 The Plaza on Richmond 7 13 Centre at Post Oak POST OAK BLVD 17 14 Post Oak Center 15 Highland Village - Central Market Residential 1 8 16 Lamar Terrace ($550K - $1.8M) 17 Manhattan Condos ($600K-$1.6M) 12 18 Afton Oaks ($500K-$3.5M) 19 Tanglewood ($750k - $6.2M) RICHMOND AVE 16 20 River Oaks ($1.6M-$17M) Points of Interest RICHMOND SQUARE SAGE RD 21 Gerald D. Hines Waterwall Park 22 Memorial Park 23 River Oaks Country Club PROPERTY OVERVIEW Address: 5005 - 5133 Richmond Ave In-Place Occupancy 100.0% Houston, TX 77056 Traffic Counts Richmond Ave.: 48,500 VPD Location: Richmond at I-610 I-610: 317,000 VPD Year Built 1989 Total: 365,500 VPD Net Rentable Area 88,446 SF Tenants Best Buy, Cost Plus World Market, -
Catholic Houston University Has a New Head Honcho He Moved to the Bayou City from Indiana
Catholic Houston university has a new head honcho He moved to the Bayou City from Indiana. BACK PAGE, 39 JUNE 30-JULY 6, 2017 • VOL. 48, NO. 8 • $6.00 LARGEST FOR-PROFIT, PRIVATE EMPLOYERS 19 COVER STORY RAISING American City Business Journals - Not for commercial use THE BAR Houston apartment amenities have reached new heights of luxury. Here’s how they’ll revolutionize the industry. 16 One Herman Place includes a rooftop skylounge among its amenities. COURTESY DEAL OF THE WEEK TRANSPORTATION COMING SOON Linn Energy forms JV Trucking co. to with Oklahoma co. ramp up hiring The joint venture is targeting an initial The hires are related to a federal law public offering later this year. going into effect in December. OLIVIA PULSINELLI, 4 JACK WITTHAUS, 12 RESIDENTIAL STRATEGIES Howard Hughes to How to deal with After 47 years, launch community cyberattacks Kolache Shoppe in Conroe Recent and on-going cyberattacks against the energy sector have to expand UPTOWN Older Millennials and Baby Boomers challenged the oil and gas industry The retailer will open its second will be the target buyers. boardroom’s traditional perspective on location at a mixed-use project MEET THE LARGEST PAUL TAKAHASHI, 6 risk. 13 underway in the Heights. EMPLOYERS IN UPTOWN 20 RETAIL HUB, 11 Breaking news online r HoustonBusinessJournal.com On smartphones and tablets HoustonBusinessJournal.com/apps Daily email updates L HoustonBusinessJournal.com/email 2 HOUSTON BUSINESS JOURNAL JUNE 30-JULY 6, 2017 THE LOOP R PEOPLE IN THE ISSUE R WHAT’S GOING ON ABC MNO Brinsden, Jonathan 17 McLeroy, Shannon . -
Presentation Or Warranty, Either Expressed Or Implied And, If Given Or Made, Such Information Or Representation Must Not Be Relied Upon
W 13 12 11 10 9 8 7 4 6 SITE Weslayan Street 3 5 Total of 2 1.7 Acres 1 NOTABLE AREA PROPERTIES 1 – High-Rise Development 2 – Medical Office Development 3 – Novel River Oaks Development 4 – River Oaks Baptist School 5 – River Oaks Neighborhood 6 – Highland Village 7 – Park Place Office Development 8 – River Oaks District 9 – The Ivy & The James Multifamily 10 – Uptown District 11 – The Galleria 12 – Williams Tower 13 – 2929 Weslayan High-Rise 3703 Westheimer AN EXTRAORDINARY DEVELOPMENT OPPORTUNITY OFFERS DUE SEPTEMBER 30TH, 2019 Drake Realty Group is pleased to announce the exclusive listing of a spectacular, premier infill core redevelopment opportunity strategically located in the heart of River Oaks, at 3703 Westheimer Rd., totaling 1.7 acres. The Property is conveniently located near The Galleria, Uptown, Greenway Plaza, Downtown, The Medical Center, and is in close proximity to Highland Village, River Oaks District, River Oaks Shopping Center, and the heart of the Houston Galleria amenities. The opportunity offers the best of what Houston has to offer with the Property being located adjacent to the exclusive residential community of River Oaks, and only minutes away from all of Houston’s major employment centers, as well as Houston's premiere shopping district, the finest hotels, restaurants and night spots. OFFER PROCESS The Property will offer qualified investors an opportunity to create the area's newest premier, upscale development in one of the most sought after areas in Houston. The Property is being offered on an "All Cash" basis and prospective purchasers will have the opportunity to visit the Property through scheduled tours with Drake Realty Group. -
Value Add Covered Land Opportunity in A+ Location
Value Add Covered Land Opportunity in A+ Location Offering Memorandum BRIARWEST 1950 Winrock Blvd, Houston, TX 77057 OFFER PROCESS PRESENTED BY NKF INVESTMENT DOSCH MARSHALL NKF DEBT AND EXCLUSIVE REPRESENTATION SALES REAL ESTATE STRUCTURED FINANCE Newmark Knight Frank (Newmark Knight Frank) has been exclusively retained to represent the Seller in the disposition of Briarwest. All inquiries about the Offering ZACH SPRINGER DAVID MARSHALL ADAM ALLEN or the Property should be directed to Newmark Knight Frank. [email protected] [email protected] [email protected] T 713-425-5428 T 713-955-3126 T 713-425-5433 OFFERING PROCESS M 713-897-9670 M 713-824-6066 The Property is being offered on an All Cash basis to qualified purchasers. TIM DOSCH Prospective purchasers will have the opportunity to visit the Property through RUSSELL JONES [email protected] TIP STRICKLAND scheduled tours with Newmark Knight Frank. Please do not contact the on-site [email protected] T 713-955-3127 [email protected] management directly. T 713-425-5422 T 713-337-5810 M 832-541-1499 TOM DOSCH M 832-724-4288 OFFER REQUIREMENTS [email protected] Offers should be presented in the form of a non-binding Letter of Intent, and must MATT SAUNDERS T 713-955-3125 DAVID SCHWARZ include at least: [email protected] [email protected] T 713-554-1303 BECKY HAND T 713-337-5811 M 281-300-1468 [email protected] M 713-412-9055 Asset Pricing • T 713-955-3121 Due Diligence and Closing Time frame • DAVID MITCHELL PURVESH GOSALIA Earnest Money Deposit • [email protected] JP HAYES [email protected] Description of Debt/Equity Structure • T 713-425-5421 [email protected] T 713-300-7954 Qualifications to Close • M 713-503-2513 T 713-955-4473 M 313-570-5221 Purchase terms shall require cash to be paid at closing. -
HIGH-RISE Players from River Oaks to Katy Aware of the Ben- Efits of This Lock-And-Leave Urban Lifestyle
Vertical living is no longer a concept that draws perplexed looks. No one has to sell Houstonians THE NEXT on the advantages of the high life, especially not in the wake of Hurricane Harvey. A flurry of high- rise openings over the last few years made power HIGH-RISE players from River Oaks to Katy aware of the ben- efits of this lock-and-leave urban lifestyle. Now, a new wave of buildings is raising the stakes — a spectacular view and valet parking is no longer enough. Houston’s new cloud-huggers must stand out to make their mark. These next-gen buildings WAVE will change how the city looks at the sky. BY CHRIS BALDWIN A NEW GENERATION OF ULTRA-AMBITIOUS HOUSTON HIGH-RISES AND MID-RISES RAISES THE CEILING ON THE SKY-HIGH LIFESTYLE. hen it comes to high- 32-story downtown tower — to comple- lobby and a cool façade, but then inside, rises, most people tend tion, knows the lines have been drawn. it’s like a generic prison.” to look up — to gawk Now it's “May the best towers win.” at a building stretching Sitting in his own old-school offices The Land-Hunt Pressure toward the clouds. It’s near the Galleria, developer Marvy Finding a prime swath of land for such Winstinctive to imagine what life must be Finger notes the escalation with a sense ambitious developments has become so like, swaddled in a cocoon of sky-high of nostalgia. In many ways, Finger is difficult that making a mistake is not an luxury, literally above it all — this sense the godfather of the modern high-rise in option. -
Downtown Houston Market Report
Year-End 2017 Downtown Houston Market Report Q4 2017 was a momentous year for Downtown Houston, with incredible highs and devastating KEY HIGHLIGHTS lows. The year kicked off with Downtown hosting over 1.3 million visitors for Super Bowl LIVE, a nine-day interactive fan festival leading up to Super Bowl LI. Against this backdrop, the office market continued to feel the effects of the deepest downturn in the energy industry 478 since the 1990s. Downtown started off the year with the highest concentration of sublease New hotel rooms space, not just in the Houston region, but in the nation. Shell’s departure from One Shell opened in Q4 Plaza (910 Louisiana) and BG Group Place (811 Main) left almost a million square feet on the sublease market, in addition to a milieu of factors that added large blocks of available space 10 in the first half of the year. These included major energy company mergers and consolida- new retailers tions (most recently, the Enbridge-Spectra merger), law firms downsizing office space to cut opened in Q4 costs, the delivery of the 1 million-SF 609 Main office tower in January, and construction of Capitol Tower in June. However, industry recovery gained momentum, with WTI Crude Oil trading between $40 and $50 in the first half of 2017, met with cautious optimism due to the lingering supply-demand imbalance and geopolitical uncertainty. Super Bowl LIVE Downtown Houston Market Report Year-End 2017 1 2017 Overview SUmmAry (CONTINUED) 2017 was a tenant market. Downtown saw a flight to qual- ity as tenants capitalized on the competitive rents from the excess available space, trading up to Class A and B sublease spaces offered at a discounted rate to direct space. -
Harris County Appraisal District
Harris County Appraisal District 2016 Market Trends Report Harris County Appraisal District 2016 Market Trends Report Residential Property ............................................................................. 1 Inventory Update 2 Sales Volume Update 3 Sales Price Update 4 Townhomes and Condominiums 4 Lease Property Update 5 New Construction 5 The Housing Market and Oil Prices 2016 5 Commercial Property ........................................................................... 7 Looking Forward 7 Jobs 7 Oil & Gas 7 Growth 9 Interest Rates 10 Other economic factors 11 Transportation 13 Real Estate Developments in Harris County 13 Projects outside of Harris County that will affect the greater Houston economy 14 Vacant Land 15 Central Business District 15 Uptown District / Galleria 17 Inner Loop 18 The Outer Loop 21 Baytown 22 The Grand Parkway 23 Highway 290 Expansion 24 Cypress Fairbanks ISD/Waller/Katy 25 Tomball ISD 26 LA Porte 27 Sales 28 Office 31 Inventory Analysis 31 Construction Activity and Deliveries 32 Net Absorption and Leasing Activity 35 Vacancy 36 Rental Rates 37 Sales Activity 37 Capitalization Rates 37 Summary 38 Apartments 38 Rental Rates 39 February 10, 2016 i Harris County Appraisal District 2016 Market Trends Report Market Trends 40 New Construction 42 Summary 45 Retail 47 Net Absorption 47 Market Occupancy 47 Largest Lease Signings 48 Rental Rates 48 Inventory & Construction 48 Greater Houston Retail Market Areas 49 Sales Activity/Capitalization Rates 49 Detail by Property Type 50 Summary 51 Medical 52 The Texas Medical Center 52 Demographics: Driving Demand 55 Medical Office Buildings 55 Hospitals 57 Nursing Homes and Retirement Homes 59 Summary 61 Hotels and Motels 62 Texas Lodging 63 Houston Lodging 63 Developments 63 Summary 65 Warehouses 65 New Construction 65 Leasing Activity and Rents 67 Vacancy/Absorption 68 Sales and Capitalization Rates 69 Summary 70 Industrial Property ............................................................................ -
Shophouston.Heart.Org to See Additional Merchants Added Post Print
Heart disease is the No. 1 killer of Americans each year – not cancer or car crashes. Inspired by this frightening statistic, the Heart Guild of Houston created the Shop With Heart Card, a fundraising event designed to raise awareness and funds needed to help fight cardiovascular diseases and stroke. By purchasing a $50 Shop With Heart Card, you can feel good knowing your entire donation will go directly to the American Heart Association and support lifesaving efforts such as scientific research, education, improving patient care and reaching populations at risk. Shop With Heart Card Exclusive Savings While Helping Save Lives. With great weather and plenty of celebrations approaching – weddings, graduations, Mother’s Day and Father’s Day – the Shop With Heart Card is the perfect opportunity for you to tackle your gift lists and give back. The Guild carefully selected the participating retailers to ensure a quality experience that allows you to make a difference in the community while supporting your local favorites. In this Card directory, you will find a listing of participating retailers by area of town, category and alphabetical index. Detach and sign the Card located on the directory cover. Visit ShopHouston.Heart.org to see additional merchants added post print. Shop With Heart Card Guidelines Please see the BACK of the Card for important Shop With Heart Card guidelines. 20% discount at participating retailers apply ONLY to merchants listed in this directory and on ShopHouston.Heart.org. See individual retailer for any details or exclusions. Cardholder must present a signed Card at the time of purchase. -
55 Briar Hollow Lane
MAJOR PRICE REDUCTION Conceptual High-Rise Development 2.8 ACRES AVAILABLE 35,045 SF OUTSIDE THE 500 YEAR FLOODPLAIN BRIAR HOLLOW LN. 55 Briar Hollow Lane OFFERING BROCHURE +/ 2.8 ACRES An Inner Loop Development Opportunity with improvements in Houston, Texas MEMORIAL PARK GREENWAY PLAZA HOUSTON (25,000 EMPLOYEES - 755 BUSINESSES) ARBORETUM & NATURE CENTER BUFFALO BAYOU SITE 2.8 ACRES 122,308 SF MARTIN FEIN INTERESTS 304 UNIT APARTMENT DEVELOPMENT GALLERIA/UPTOWN DISTRICT (82,000 EMPLOYEES - 2,000 BUSINESSES) MARTIN FEIN INTERESTS 304 UNIT APARTMENT DEVELOPMENT SITE 2.8 ACRES 122,308 SF BUFFALO BAYOU 2 GALLERIA/UPTOWN DISTRICT (82,000 EMPLOYEES - 2,000 BUSINESSES) WEST UNIVERSITY GREENWAY PLAZA BELLAIRE (25,000 EMPLOYEES - 755 BUSINESSES) THE GALLERIA HIGHLAND VILLAGE RIVER OAKS DISTRICT UPTOWN PARK MARTIN FEIN INTERESTS 304 UNIT APARTMENT POST OAK PARK D BRIAR HOLLOW LN. DEVELOPMENT SITE R. 2.8 ACRES 122,308 SF BUFFALO BAYOU FORMER / DEMOLISHED GULF COAST VETERINARY HOSPITAL AVAILABLE LOCATION INFORMATION 2.8 Acres | 122,308 SF 55 Briar Hollow Lane Houston, TX 77027 • 35,045 SF outside the 500 year floodplain • Nearly 3 acres of prime development land near 55 Briar Hollow is a 2.8 acre site with 122,308 SF of gross land within the vibrant Houston’s major business districts and most desirable Uptown District/ Galleria area in Houston, Texas. neighborhoods The site benefits from an excellent location less than a half a mile east of the heavily • Surrounded by Houston’s best employment & entertainment traveled Interstate 610 with an average daily traffic count of over 300,000 vehicles. centers with Buffalo Bayou frontage Directly across the highway is the Uptown District/ Galleria , the 4th largest shopping • Houston’s Galleria/Uptown District is the nation’s 14th largest center in the US with 5 million square feet of retail space which draws more than 26 business district with over 26 million SF of office space and 5 million visitors per year.