DOWNTOWN • 0.7 MILE

MIDTOWN DINING - NIGHTLIFE - ARTS & ENTERTAINMENT

FUTURE DEVELOPMENT Around the Corner ANCORIAN’S East Village EMANCIPATION AVE Brothers Taco House Cafe TH Little Woodrow's Eado PEASE ST Kim Son Restaurant Lucky's Pub The Cajun Stop Warehouse Live Sparkle's Hamburger Spot District 7 Grill EADO HOME PRICES UP TO $590K

MIDTOWN VILLAGE LEELAND GARDENS EaDo Fitness Home Prices up to $285K Home Prices up to $350K

BELL ST ENNIS ST NEW TOWNHOMES Home Prices up to $400K East End Hardware Bar

±3.34 ACRES 1609 ENNIS

LEELAND ST

Metamorphose Studios ±3.34 Acres at 1609 Ennis East Downtown, Houston, TX 77003

OFFERING MEMORANDUM 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.dmreland.com

Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the dis- Principal Senior Associate position of ±3.34 acres at 1609 Ennis in Houston, TX [email protected] [email protected] (Property). All inquiries about the Property should be O 713-955-3126 O 713-955-3123 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.dmreland.com 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.

±3.34 ACRES AT 1609 ENNIS 2 TEAS EICA CENTER 3 IES AERIATN ISTRICT 6. IES

MIDTOWN DINING - NIGHTLIFE - ARTS & ENTERTAINMENT

GREATER THIRD WARD Property Details - TDECU STADIUM - SOUTHERN UNIVERSITY Property Details LOCATION ±3.34 Acres at 1609 Ennis, Houston, TX 77003 LAT., LONG. 29.740923, -95.351767 EaDo Fitness TOTAL SIZE ±3.34 Acres MIDTOWN VILLAGE Home Prices up to $285K PARCEL ID 0410310020008; multiple parcels NEW TOWNHOMES Home Prices up to $400K COUNTY Harris LEELAND GARDENS SCHOOLS Houston ISD Home Prices up to $350K ENNIS ST PRICE To be decided by market .4 ACRES 1609 ENNIS

2017 Tax Rates LEELAND ST 1 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 LEELAND ST 44 HARRIS CO EDUC DEPT 0.005195 48 HOU COMMUNITY COLLEGE 0.100263 Excellent Development Opportunity in EADO 61 CITY OF HOUSTON 0.584210 • 0.7 miles from , which has over 150,000 employees, 3,000+ 995 EAST DOWNTOWN MNG DST 0.125000 businesses and 50.4 million SF office space Total 2.651348 • Fast access to Downtown directly via Leeland St • Estimated 14% population growth in five years within one mile of the Property • Located on the block adjacent to I-45 • Adjacent to new and established townhome development with homes up to $400K 2017 Demographics • Located along the Columbia Tap Rail Trail 0-1 mile 0-3 miles 0-5 miles Distance to Major Employment Areas EST. POPULATION 15,466 202,853 479,189 • Downtown Houston: 0.7 mile 5-YR EST. POPULATION GROWTH 14.00% 7.62% 8.18% • BBVA Compass Stadium: 0.6 mile • Ancorian’s East Village (future development): 0.6 mile AVERAGE HOUSEHOLD INCOME $75,237 $90,968 $100,996 • Midtown: 0.75 mile MEDIAN OWNER-OCCUPIED HOUSING VALUES $207,206 $189,161 $185,637

±3.34 ACRES AT 1609 ENNIS 3 Property Survey ” ” ” ” ” ” ”

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TALIA VILLAGE

12651 BRIAR FOREST, SUITE 350     HOUSTON, TEXAS 77077 (tel) 281-741-1998 (fax) 281-741-2068

±3.34 ACRES AT 1609 ENNIS 4 Property Survey

±3.34 ACRES AT 1609 ENNIS 5 East Downtown

Upcoming Developments EaDo is a vibrant neighborhood rich with history, inter- East Village by Ancorian True Anomaly Brewing esting sites, thriving businesses and entertainment • 2-block mixed-use complex planned along St. Emanuel • 8,000 square feet at 2012 Dallas St. in the second and the best of downtown living. EaDo is remarkably and Hutchins Sts. between Polk and Lamar in East phase of Ancorian’s East Village development situated near Houston’s largest employment centers: Downtown • Founded by four current and former NASA employees Downtown, the , and the Hous- ton Ship Channel. • Combines several land parcels with mid century indus- • Scheduled to open in Fall 2018 trial buildings that are being adapted and repurposed With unmatched views of the growth area of the as restaurant, bar, distillery, and creative office spaces Under Construction downtown skyline, East Downtown also brings you • Phase I includes around 60,000 square feet of retail within walking distance of Park, and office space: Pitch 25 (Astros), the George R. Brown • Poku Poke, a new poke restaurant. Poke is diced raw • Premier soccer bar and restaurant in Houston Convention Center, the (Rockets), and fish-like ahi tuna or yellowtail served in a bowl over • Inside and outside bar will have over 100 taps each the BBVA Compass Stadium (Dynamo). rice and vegetables. • Features its own soccer field With access to great neighborhood amenities from all • Truck Yard, an “adult playground” bar concept out • Uniquely positioned within one mile of 3 major league of the major freeways, major thoroughfares, METRO of Dallas. Truck Yard will have a 20,000-square-foot sports stadiums (Houston Dynamo, Astros, and Rock- Transit, and METRO Light Rail (LRT) from the East patio and 4,000 square feet of indoor space. Local ets) End and Southeast corridors connecting to Downtown food trucks will be able to park on the bar’s patio. and the Main Street Red Line, connectivity to all points Developers are bringing in large, mature trees that of interest in the Houston area is convenient. will provide shade on the patio. • Rodeo Goat, another Dallas concept, leased 5,000 From eadohouston.com square feet of indoor space and 4,000 square feet of patio space. The icehouse’s burger was named the best burger in the Dallas-Fort Worth area in the Fort Worth Star-Telegram in 2013. • Agricole Hospitality also leased 15,000 square feet in the East Village for a multi-concept development that’ll include a New York-style pizza joint, a break- EAST VILLAGE BY ANCORIAN EAST VILLAGE BY ANCORIAN fast spot and a cocktail bar. Agricole is behind Eight Row Flint, Coltivare and Revival Market.

±3.34 ACRES AT 1609 ENNIS 6 NTN STN 0. IE

Minute Maid Park George R Brown Center

ittle oodrows Eado BBVA Comass Stadium FT VPMT uckys Pub ACRAS East Village arehouse ive

Green Hill Recycling Management Houston Shoe Hosital EADO ETE Home Prices up to $590K Blooming Gallery V ood Suly POLK ST. Distinctive Details

CLAY ST. ong ee Market Davita Summit Dialysis Center LEELAND GARDENS Home Prices up to $350K East End Hardware Bar BELL ST.

ENNIS ST. MIDTOWN VILLAGE PALMER ST. Home Prices up to $285K LEELAND ST. Metamorhose Studios

±3.34 ACRES 1609 ENNIS

VELASCO ST.

Columbia Ta RailTrail

±3.34 ACRES AT 1609 ENNIS 7 AIRRT 9.4 IE

GREATER THRD ARD UNIVERSITY OF HOUSTON - TDECU STADIUM - TEXAS SOUTHERN UNIVERSITY Home Prices up to $600K

ak arms Dairy Energy nstitute ak arms Dairy High School

Columbia Ta RailTrail VELASCO ST.

NEW TOWNHOMES Home Prices up to $400K Metamorhose Studios

±3.34 ACRES 1609 ENNIS

MIDTOWN VILLAGE East End Hardware Bar PEACE ST. Home Prices up to $285K ENNIS ST.

LEELAND ST. LEELAND GARDENS Home Prices up to $350K

±3.34 ACRES AT 1609 ENNIS 8 EAST DOWNTOWN Home Prices up to $375K

SECOND WARD Houston Shoe Hosital Home Prices up to $450K

Green Hill Recycling E TE Management ong ee Restaurant Distinctive Details V ood Suly DaVita Summit EADO Dialysis Center Home Prices up to $590K ak arms Dairy

PALMER ST. BELL ST.

East End Hardware Bar Metamorhose Studios

DELANO ST. VELASCO ST. LEELAND ST.

LEELAND GARDENS Home Prices up to $350K Columbia Ta RailTrail

±3.34 ACRES PEACE ST. 1609 ENNIS

MIDTOWN VILLAGE

Home Prices up to $285K ENNIS ST.

±3.34 ACRES AT 1609 ENNIS 9 Downtown Houston 0.7 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 at 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 Downtown Houston

Top Employers Toyota Center MINUTE MAID PARK TOYOTA CENTER • Home of the NBA’s 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 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 of NRG/Reliant Energy 2,300 • Fronted by Avenida de las Americas, a boulevard 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 Hess 2,000 tion with shopping, entertainment and dining • 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 • Includes 130,000 square foot entertain- Ernst & Young 1,300 • Home of the Hotel Alessandra – a new 223-room luxury hotel which opened in 2017 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, , dens Hobby Center, Sundance Cinemas, & Jones LyondellBasell Industries 1,200 Plaza, House of Blues, , Bayou Music • Served as the planned entertainment zone, or “Super Center Bowl El Centro,” for the 2017

±3.34 ACRES AT 1609 ENNIS 10 Downtown Houston 0.7 miles from the Property Market Overview Office developments RENDERING: HOTEL ALESSANDRA AND • Skanska resumed construction on Capitol Tower, its THE GREENSTREET REDEVELOPMENT 35-story 754,000 SF office tower at 811 Rusk; the lead tenant, Bank of America, preleased 210,000 SF and RETAIL has acquired the naming rights for the tower HIGHLIGHTS • Chevron’s 1500 Louisiana is undergoing a $10 million 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 soon in The Jones at THE TIPPING POINT Main at 708 Main; WeWork will occupy 86,000 SF, housing over 1,400 of its members; the facility will

accomodate 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 tower 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 FOR Other developments & updates HBJ, RNR) THE PERFORMING AND VISUAL ARTS (HSPVA) • 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 custom The 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 setConservatory to open in early 2018 Food at 712 Hall Main inand 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 dozenPrairie chef-driven added food outlets, new a craft food beer and and curated beverage vendors this wine spring—Arte bar, 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 HSPVA High & Dry, a new rum bar set to serve up an “urban campus is on track for completion in the fourth oasis”• LAUNCH will be opening, a oncollaborative the second floor pop-upof 306 Main shop returned Down- Street. (Houston Eater) quarter of 2018 town on April 1, featuring new local designers and artisans • The Lee and Joe Jamail Skatepark at 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

±3.34 ACRES AT 1609 ENNIS 11 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

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