±10.41 Acres at Beltway 8 & Piney Trails

PINELAND RD

FUTURE DEVELOPMENT LITTLE YORK RD Sheldon ISD SITE - 570,000 SF campus on 185 acres - 3,500 students - 10,000-seat football stadium

FLOSSMOOR ST HOUSTON

HOMETTE ST

DAWSON HILL LN BLUE GRASS LN SUNRISE PINES ±10.41 ACRES HOME PRICES UP TO $215K MEADOWVINE DR SANDERS ROSE LN TIFWAY LN EVANS BROOK LN WALDENS CT POND

PINEY TRAILS LN ORCHID SPRING LN SUNTURF LN RAMBLER DR

JASMINE LANDING LN CARRIAGE CT ±10.41 Acres at Beltway 8 & Piney Trails JOHN DILLON LN GARDENIA MIST LN Houston, TX 77044

OFFERING MEMORANDUM

LAUREN FOREST LN AVALON CT Contacts, Due Diligence, & Offer Requirements

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.dmre.com

Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclu- sively retained to represent the Seller in the disposition Principal Senior Associate of ±10.41 acres at Beltway 8 & Piney Trails in Houston, [email protected] [email protected] TX (Property). All inquiries about the Property should O 713-955-3126 O 713-955-3123 be directed to DMRE. M 713-206-1574 M 713-254-3824 Due Diligence Information To access the due diligence information please visit the Property website at: www.dmre.com/listings Tom Dosch Tripp Rich Principal Transaction Manager Offer Requirements [email protected] [email protected] Offers should be presented in the form of a non-bind- O 713-955-3125 O 713-955-3124 ing 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 clos- [email protected] [email protected] ing. Offers should be delivered to the attention of Tim O 713-955-3122 O 713-955-3120 Dosch, David Marshall, Tom Dosch, or Becky Hand via M 832-449-2223 M 713-829-2615 fax or email.

±10.41 ACRES AT BELTWAY 8 & PINEY TRAILS 2 MESA DR

Convenient Care Center

OLD HUMBLE RD ake Houston

W LAKE HOUSTON PKWY

Golf Club of Houston Dwight D. Eisenhower Park

Holy Trinity Episcopal School

N LAKE HOUSTON PKWY MT HOUSTON RD Sheldon Independent School

Michael R. Null Middle School

B H PKWY CE KING GARRETT RD C P SHELDON RD P P TRE EELPENT Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students LITTLE YORK RD - 10,000-seat football stadium

MESA RD H.M. Carroll Elementary School . C Sheldon Lake State Park and Environmental Learning Center

The Rhodes School - Tidwell Campus Monahan Elementary School TIDWELL RD Cravens Early Childhood Academy C.E. King Middle School C.E. King High School Crenshaw Memorial Gene Green Beltway 8 Park Stadium Brock Park Golf Course

LEY RD ±10.41 ACRES AT BELTWAY 8 & PINEY TRAILS 3 Property Details

Development Opportunity in Southeast Houston Property Details • Approximately 749.48 feet of frontage on Beltway 8 LOCATION NWC Beltway 8 & Piney Trails • 2.5 miles from the intersection of Beltway 8 and US-90/Crosby Freeway Houston, TX 77044 • Less than 4.5 miles from retail at Beltway 8 and W Lake Houston Parkway LAT., LONG. 29.868899, -95.188905 Distance to Major Employment Areas TOTAL SIZE ±10.41 Acres • Generation Park: 2 miles • 4,000-acre master-planned commercial park PARCEL ID 0421240000005 • LyondellBasell - Channelview Complex: 4.5 miles COUNTY Harris • One of the largest petrochemical facilities on the Gulf Coast, covering an area of almost 3,900 acres PRICE TBD by market • Port of Houston: 8 miles NOTES Utilities are adjoining and under letter commitment from Sheldon ISD Parkway MUD • Sheldon ISD’s new school complex is well under construction. • Sheldon ISD is considered one of the fastest-growing districts in Texas. • A June 2014 demographic study showed that district enrollment was projected to 2017 Tax Rates reach 8,300 students by 2015. The district exceeded the enrollment projection by seven percent in 2015 and today educates more than 8,500 students, according to a 23 SHELDON ISD 1.470000 statement by LAN. By 2023, the projected student enrollment is expected to surpass 11,000. 40 HARRIS COUNTY 0.418010 • The bond package will include funds for a number of projects, including a new high 41 HARRIS CO FLOOD CNTRL 0.028310 school to replace the existing C.E. King High School, and a new elementary school. • Athletic and recreational spaces will also receive upgrades. Playgrounds at ECAs and 42 PORT OF HOUSTON AUTHY 0.012560 elementary schools will be refurbished, and new athletic facilities will be constructed. The King Middle School field house will also be expanded and existing tennis courts 43 HARRIS CO HOSP DIST 0.171100 will be resurfaced. 44 HARRIS CO EDUC DEPT 0.005195 • Construction and renovation of the schools will be completed in phases with the first project completed by 2019. 47 SAN JACINTO COM COL D 0.183335 For more information, visit http://schoolconstructionnews.com/2016/06/30/sheldon-isd- PINELAND RD invests-285-million-in-new-construction-upgrades/ 670 HC EMERG SRV DIST 60 0.049300

FUTURE DEVELOPMENT LITTLE YORK RD 672 HC EMERG SRV DIST 2 0.029700 Sheldon ISD - 570,000 SF campus on 185 acres - 3,500 students total 2.367510 - 10,000-seat football stadium

FLOSSMOOR ST 2017 Demographics HOMETTE ST 0-1 mile 0-3 miles 0-5 miles

DAWSON HILL LN EST. POPULATION 4,660 34,088 103,689 BLUE GRASS LN SUNRISE PINES ±10.41 ACRES HOME PRICES UP TO $215K MEADOWVINE DR 5-YR EST. POPULATION GROWTH 5.39% 6.63% 6.52% SANDERS ROSE LN TIFWAY LN EVANS BROOK LN WALDENS CT POND AVERAGE HOUSEHOLD INCOME $78,300 $65,496 $73,252

PINEY TRAILS LN

ORCHID SPRING LN MEDIAN OWNER-OCCUPIED HOUSING VALUES $125,066 $119,687 $136,103 SUNTURF LN RAMBLER DR

±10.41 ACRESJASMINE LANDINGAT BELTWAY LN 8 & PINEY TRAILS 4 CARRIAGE CT JOHN DILLON LN GARDENIA MIST LN

LAUREN FOREST LN AVALON CT Area Highlights

4,000-acre master-planned commercial park driving the expansion of one of Houston’s fastest growing economic and GHX INDUSTRIAL, LLC (RENDERING) residential corridors, Lake Houston

Lockwood Business Park • Located at 13300 Lockwood Road, just south of West Lake Houston Parkway and across from TechnipFMC’s 173-acre campus • Three build-to-suit industrial and flex-office buildings available for lease with space available from ±6,400 to 57,600 SF

250 Assay Street • 86,523 SF mixed-use office building

GHX Industrial, LLC • Expected to move into their new 143,500 SF Houston distribu- 250 ASSAY STREET tion center and headquarters in Lockwood Business Park at the end of 2017 • Will include 121,000 square feet of warehouse and shop space and 22,500 square feet of office space

McCord Development • Recently occupied their new headquarters on the 2nd floor of 250 Assay St this year (2017)

Apache Industrial Services, Inc. • Preparing to move into the 4th and 5th floors of 250 Assay Street, with occupancy expected before the end of 2017

San Jacinto College • Recently closed on 57 acres at Generation Park, just across Lockwood Road from the TechnipFMC campus TECHNIP FMC

TechnipFMC (formerly FMC Technologies) • Part of TechnipFMC, after a merge with Technip in 2017 • Produce equipment for exploration and production of hydrocar- bons • Named by Fortune (magazine) as the World’s Most Admired Oil and Gas Equipment, Service Company. • 20,000 employees worldwide; they plan to transition all 3,700 Houston-area employees to the Generation Park facility (an approximately 173-acre campus)

±10.41 ACRES AT BELTWAY 8 & PINEY TRAILS 5 Area Highlights

LyondellBasell - Channelview Complex • No. 1 U.S. port in foreign waterborne tonnage • One of the largest petrochemical facilities on the Gulf • No. 1 port in the U.S. Gulf Coast by TEU throughput Coast, covering an area of almost 3,900 acres • Home to the largest petrochemical complex in the U.S. (2nd largest • Two large manufacturing facilities and a workforce of in world) more than 2,000 people • 150 public and private companies • Payroll and benefits of more than $156 million per year • 8,300 + vessel calls, 20,000+ ship movements, and 200,000+ barge transits annually • Goods and services purchases of approximately $824 million per year Capital Investments Development Pontikes Development • Planning a 3.0 million-square- Industrial Market The Port Houston area continues to Since 1986, the number of businesses foot-multimodal logistics and exhibit strong market fundamentals in Houston engaging in international Growth on the east side due to boom in petrochemical distribution center on 246 acres with significant deal volume and trade has grown from 1,963 to more industry net absorption in 2017. Much of the than 3,250. Projects recently completed: Q2 2017 Data from Colliers market activity is driven by the strong Companies cite the cheap cost of • 1.0 million square feet for Ikea Absorption: During the first half of 2017, 3.0M SF of downstream sector and petrochem- fuel, the large inventory of natural gas • 960,000 square feet for Katoen Houston’s industrial inventory was absorbed, all occurring ical boom, which provides strategic liquids available as well as access to Natie during the first quarter. Second quarter absorption was advantages to East Houston. foreign markets through exports as a close to zero, posting only -13,100 SF. • Port Houston expects to invest source of growth in the petrochemical Projects soon to break ground: Vacancy: The vacancy rate is only 5.5% with a mid-year $333.0 million in capital projects industry. • 750,000 square feet for Ravago Americas new inventory total to over 5M SF. over 2017 and 2018, including LyondellBasell Under Construction: 4.2M SF is under construction and adding Post-Panamax cranes • Plans to build a $2.4 billion petro- • 500,000 square feet for Vinmar 77.2% is pre-leased. Most of the leased space under con- where needed chemical plant near the Houston struction are build-to-suit projects for companies such as • Bayport Wharf #2, the fourth Ship Channel, the largest factory Foreign Trade Sub Zones Amazon, FedEx, Katoen Natie and Vinmar International. wharf at the terminal, is currently of its kind in the world • Gulf Coast Maritime under construction, and Barbours • Would create some 2,500 con- • Valero Refining Co. Cut Wharf #2 reconstruction is in struction jobs and 160 permanent Major East Houston Employers • Shaffer, Inc. progress positions at the plant • Tuboscope Vetco Int’l • Their most expensive project ever Markets at $2.4 billion • Shell Oil Co. • 74 percent of plastic resins man- • Announced in July 2017 that the • Dril-Quip ufactured in the U.S. come out of project would move forward • Tadiran Microwave Networks Houston • Hydril USA Manufacturing LLC • Resins/plastics and chemicals/ Contanda Terminals minerals account for 46.7 percent • Signed a multiyear commercial • Pasadena Refining System, Inc. of Port Houston’s exported TEUs agreement with the Port of Hous- • EXXON Mobil ton Authority for 339 acres on the (twenty-foot equivalent unit) • Houston Refining LP Houston Ship Channel • An estimated 250,000 TEUs in • Equistar Chemicals new exports will be created by • Provider of bulk liquid storage and • Michelin North America, Inc. 2019 as newly delivered pet- logistics services rochemical projects ramp up • Already operates three storage production terminals in the Houston area

±10.41 ACRES AT BELTWAY 8 & PINEY TRAILS 6 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

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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

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