± 2.1 ACRES ON AN IRREPLACEABLE CORNER 5850 SAN FELIPE @ AUGUSTA DRIVE

FOR MORE INFORMATION, CONTACT:

Simmi Jaggi Elizabeth Clampitt Chis Bergmann Jr. Managing Director Senior Vice President Vice President +1 713 888 4098 +1 713 888 4075 +1 713 425 5868 [email protected] [email protected] [email protected] INVESTMENT HIGHLIGHTS

Fountainview Dr

Augusta Dr TANGLEWOOD PLAZA

11,570 VPD 37,930 VPD San Felipe St T.H. Rogers School / Post Oak Little League

THE OFFERING — A PREMIER ECONOMIC STABILITY — SOLID DRIVERS REDEVELOPMENT OPPORTUNITY Located within the -Galveston-Brazoria Consolidated Metropolitan Statistical Service Area (CMSA), the Property resides in the fifth largest JLL is pleased to present 5850 San Felipe Street to the market as a metropolitan area in the . The city is 9,444 square miles and has redevelopment opportunity. The entire tract totals approximately a population of approximately 6 million people. 2.1 acres with a +/- 119,168 SF Class B office building and parking garage. The available property offers frontage, access and DEMOGRAPHICS 1 MILE 3 MILE 5 MILE incredible visibility along both San Felipe and Augusta Streets. Population 27,816 190,841 529,157 The surrounding area is densely populated with some of the highest incomes in the city, single family homes, Class A apartments, Households 15,240 88,593 226,656 retail and restaurants including Dish Society, Local Foods, Ginza Families 6,056 41,739 119,627 Japanese, Mod Pizza, la Madeleine, Barnabys and many others . There are no restrictions on the property. Median Age 40.7 35.7 35.6 Avg. Household Income $130,173 $117,539 $119,027 IRREPLACEABLE CORNER

BUSINESS SUMMARY 1 MILE 3 MILE 5 MILE Situated at the northwest corner of San Felipe and Augusta, the available property is located among Houston’s most prominent Total Businesses 2,822 18,391 42,558 neighborhoods: Uptown, Memorial and Tanglewood - home to Total Employees 27,618 189,430 434,821 some of the highest net worth individuals in the city. Defined by its unique blend of prestigious business and residential addresses, Employee/Residential Population Ratio 99 99 82 with the best in shopping, hotels, dining and entertainment nearby, (per 100 Residents) this area is one of the world’s great urban centers. 5850 San Felipe Street allows convenient access to all of Houston’s main arteries. , downtown, the Museum District and the Medical TRAFFIC COUNTS VEHICLES PER DAY Center are all easily accessible from the available site. San Felipe St at Augusta Dr 34,930

Augusta Dr at San Felipe St 11,570 SURVEY

LOCATION MAP ENERGY CORRIDOR

MEMORIAL DOWNTOWN

TANGLEWOOD

UPTOWN/ GALLERIA

GALLERIA

1

TEXAS MED CENTER DRIVE TIMES

Galleria: 2 Miles, 5 Minutes Texas Med Center: 8 Miles, 15-20 Minutes Downtown: 10 Miles, 16-20 Minutes Energy Corridor: 12 Miles, 20 Minutes

Fountain View Dr Dr View Fountain Augusta Dr Dr Augusta Bering Dr

±2.1 ACRES SAN FELIPE @ AUGUSTA

T.H. Rogers School / Post Oak Little League San Felipe St

± 2.1 ACRES AT AN ELITE LOCATION

Situated directly across the street from T.H. Rogers School, home of the Post Oak Little League, the site provides greenspace visibility is surround by elite neighbors.

T.H. Rogers School / Post Oak Little League T.H. Rogers School is a magnet public school Augusta Dr and part of the Houston Independent School District. Serving gifted and talented students through its Vanguard program, T.H. Rogers is the most prestigious public school in Houston, and admission is highly sought after. Admission is based on merit - not attendance zone - and highly competitive, and the school boasts a student population representing more than half the countries in the world.

The students achieve some of the highest standardized testing scores in Houston, with greater than 93% proficiency in both reading and math. San Felipe St T.H. Rogers’ state-of-the-art athletic facilities’ fields are home to the Post Oak Little League teams.

Post Oak Little League (POLL) has been serving the community for over 63 years. POLL is one of the most vibrant, fun and healthy baseball little leagues in Houston. It is where neighborhood children, as well as many parents and grandparents, either coached or learned to play, but most of all, learned to love the game of baseball and build long lasting friendships and memories. Through volunteer-ism, support, and teamwork, Post Oak Little League focuses on teaching children the game of baseball, but more importantly, prepares them for life challenges by setting examples of courage, loyalty and character and reinforcing strong family values.

This summer players from Post Oak Little League represented the Post Oak community, District 16, Greater Houston, the state of Texas as well as the Southwest Region on a remarkable run to the Little League World Series in South Williamsport for the first time in our history. AROUND THE AREA Education, Culture and Shopping - it’s all here

Second Baptist Church & School Grady Park Less than 2 miles from 5850 San Felipe Street lies the Woodway Grady Park is a compact green space featuring an open multi-use field, Campus of Second Baptist, a mega church with a membership a tennis court and children’s of over 63,000 parishioners. Established in 1957, this primary playground equipment that location at 6400 Woodway Drive boasts the largest all-pipe provides an oasis amongst the Rogers organ ever built. Described as “a town within a city,” in bustle of the surrounding city. addition to worship facilities the church has fitness centers, Located at the corner of San bookstores, information desks, a café and a K-12 school that Felipe and Yorktown Streets services higher end residents. and adjacent to Tanglewood Founded in 1946, Second Baptist School was established with Middle School, Grady Park the purpose of providing a place of biblical instruction and is just 0.8 miles from the learning where students could grow academically, spiritually, available property. physically and socially. The mission of Second Baptist School is to train students in areas of knowledge that will allow them to understand clearly, to think deeply, to judge wisely, and to have the courage to live their lives on the great principles and convictions of biblical truth.

One of the finest grocery-anchored shopping centers in Houston. An- chored by Whole Foods, tenants include Soul Cycle, Pure Barre, Blue- mercury, Chico’s and Lily Rain as well as restaurants such as Carrabbas and Buffalo Grille.

Woodway Collection is located just 1 The Kinkaid School The Kincaid School is a mile from 5850 San Felipe. premier private K-12th grade college preparatory school that stresses academic accomplishment alongside social development, athletic Trader Joe’s is also located at the same intersection. participation, enjoyment of the arts and ethical behavior. It is the oldest independent coeducational school in Greater Houston and one of the top-rated private schools in Texas. Tuition ranges from

WOODWAY COLLECTION WOODWAY $24,000 to $29,355 annually and 99% of its students go on to attend a 4 year college. The Kinkaid School is 2 miles away from 5850 San Felipe Street. TANGLEWOOD/MEMORIAL Among the most affluent neighborhoods in Houston Located just outside the western border of the Inner Loop, Tanglewood is an upscale neighborhood with more than 1,200 homes near Uptown/Galleria and the Memorial Park area.

Aside from its strategic location, Tanglewood boasts numerous biking and walking trails as well as wide sidewalks lined with tall oak trees. Zoned to some of the best schools in Houston, Tanglewood is also among the best Houston neighborhoods for land appreciation.

Many of the older properties in Tanglewood are old ranch-style homes with huge front lawns. However, the entry of new developers in the neighborhood paved way to the construction of numerous single-family homes and luxury multi-family developments. Some homes in Tanglewood follow the architectural principles of designs such as English style brick and stone, Georgian mansions, Mediterranean villas with clay roofs, and French chateaus. HOME PRICES The Galleria and , two of the $975,000 to $4,000,000 city’s main business districts, are just a few minutes away from the heart of Tanglewood. Residents who Median Price: $1.75 million work in these areas can maintain a healthy work- life balance because of Tanglewood’s proximity to The Tanglewood area has seen high values Houston’s financial hubs. and appreciation over the past few years, with a 15% price increase per square foot. The value of Tanglewood properties has increased by 43% over the past decade. REDEVELOPMENT OPPORTUNITIES

Luxury High-Rise There is a healthy market for mid- Retail There is little retail space available in the immediate rise multi-family residential in Tanglewood, but this site presents surrounding area creating an opportunity for retail development. a unique opportunity for the development of a residential luxury The high-income population and site’s proximity to numerous high-rise. There is currently only one in development at this time, schools and neighborhoods from which to draw clientele makes this and demand for high-rise living is expected to increase with the a superb location for retail redevelopment. surrounding residents looking to downsize while still keeping the level of luxury to which they are accustomed.

Developers are taking note: Hawthorne Condominiums are under construction to the east at Chimney Rock. The building will feature 67 luxury residences and 17 floors.

Senior Living There is a senior living facility adjacent the property, however, it is the only senior living community within 1 mile. There are only 5 communities within 2 miles. There is both AVERAGE RENTAL RATES WITHIN 1 MILE need and opportunity for luxury senior living in the Tanglewood area, and such a facility can command premium rent. The community Class A Office Rent: $37.61 PSF gross adjacent 5850 San Felipe offers a one bedroom unit starting at Retail Rent: $29.09 PSF $3,205 per month. A two-bedroom independent Senior Living: starts at $3,205 per month living unit starts at $4,360 per month.

* There is zero square feet of Medical There is a void of available medical space within a medical space available for lease one mile radius of 5850 San Felipe. The closest available medical within a 1 mile radius of suites reflect an asking rent of $28.15 PSF. These spaces 5850 San Felipe Street are leasing quickly after hitting the market. Chimney Rock Road

Vosswood Nursing Center Bering Drive Augusta Drive Fountain View Drive

Woodway Drive 27,564VPD 31,330 VPD

77057 Avg Home Price ±2.1 ACRES $570,373 SAN FELIPE @ T.H. Rogers AUGUSTA School

Woodway Collection S. Voss Road

San Felipe Street 37,930 VPD

SAN FELIPE PLAZA Briargrove Tanglewood Elementary Plaza School Briarwest Apartments

77063 Courtyard of Avg Home Price Three Fountains $465,526 Establishment Apartments

The Augusta Apartments

Westheimer Road

Hidalgo Street 5850 San Felipe 5850 San

Buildings Office Multi-family Schools Living Senior Grocery

1 290,000VPD Westheimer Road Westheimer PARK Oaks UPTOWN Post Oak Post Post Afton Post IMT Uptown Lofts on Post Oak Post Post Oak Post & Flats CAMDEN

S. Post Oak Blvd Empire Lofts AMLI UPTOWN Post Oak Post S. Post Oak Lane Centre at TOWERS FOUR-LEAF POST OAK Montecito DOMINION Apartments

Sage Road 5151 Alexan School Middle Tanglewood Tanglewood San Felipe Street San Felipe Park School Grady Magnet

Mandarin

Immersion 77056 VPD 71,390 $1,206,005 Avg Home Price Home Avg

St. James St. Condominiums Phoenician Chimney Rock Road 27,564VPD Apartments 37,930 VPD Hidalgo Street Hidalgo HOUSTON OVERVIEW The Houston Metropolitan Statistical Area (MSA) encompasses 10 Houston offers its residents and businesses high quality-of-life counties and 9,444 square miles, boasting an economy that produces attributes including a low cost structure, no state income tax, more goods and services than all but 21 nations worldwide. Houston is abundant tax incentives, ample cultural and recreational resources, the fourth most populous city in the nation, trailing only New York, Los quality public education, good weather and easy access to public Angeles and , and is the largest in the southern U.S. and Texas. services. Additionally, according to a recent Occupational and Houston is also the fastest growing metro area in the nation (adding Employment survey, Houston workers are paid more than the more than 1.2 million residents from 2000 through 2010) with the national and the state averages. nation’s second youngest median age among large metropolitan areas in the United States. Historically the heart of the global energy Statistics released by the U.S. Bureau of Labor Statistics (BLS) show business, Houston’s title of “Energy Capital of the World” has been that the average wage paid to Houston workers is 5% higher than the firmly secured by the continued growth and expansion throughout national average and 10.2% higher than the Texas average. this critical industry. Highly regarded as a business-friendly destination for Corporate Houston is home to the (located 5 miles southeast America, the city of Houston ranks second nationwide (trailing only of the Site) that has an annual economic impact of $20 billion and New York City) with 26 Fortune 500 companies headquartered here. As employs approximately 106,000 employees. Texas Medical Center also is a result, Houston has received numerous national accolades including an academic center of the Southwest with more than 360,000 students recent recognition by Site Selection Magazine as the number one metro enrolled in local universities, colleges and institutions. Additionally, area in the nation for corporate location, relocation and expansion. Houston is home to 413 chemical plants employing over 33,100 people, This is the third time in four years the Houston metro area has taken more than 300 electronics manufacturing plants employing over the top spot, logging 325 new and expanded facilities to garner the 27,500, more than 250 software development companies employing honor. This ranked Houston ahead of second-place Chicago, which had 50,000+ and 67,000+ engineers and architects employed at more than 311 projects, and third place Dallas/Fort Worth with 224 projects. The 1,900 firms. Houston is also home to the 1,650-acre NASA Johnson combination of these Space Center (25 miles southeast of Highland Village) that has an attributes makes Houston has received numerous national annual economic impact of $4.5 billion and employs approximately Houston a highly accolades including recent recognition by Site Selection Magazine as the number one metro 14,000 engineers, scientists and administrative personnel. Additionally, desirable location for area in the nation for corporate location, Houston is the birthplace of nanotechnology and the Texas leader in businesses. relocation and expansion plastic and resins with 47 plants located within the MSA and more than 235 manufacturing establishments for plastic and rubber products. Houston’s Cost Advantages Houston: A High End Shopping Destination

Houston has a superior reputation worldwide for being a Houston is home to a number of thriving business-friendly destination for corporations and their high end luxury retail centers all of which employees. The lack of state and city taxes on personal contribute to its’ well-deserved reputation as and corporate income and some of the lowest housing a top tier shopping destination. Luxury retail and living costs within the top 20 major U.S. metro areas is thriving and is expected to continue with a are among the many motivations for businesses to reside number of labels having recently made their in Houston. Additionally, the city’s central location and Texas debuts in Houston over the past few excellent transportation infrastructure further enhance years. The strength of the energy industry Houston’s appeal to local, national and international in Houston coupled with the remarkable companies with an interest in logistical efficiency. population growth should attract additional luxury retailers. While many big-box chains Local office rents also remain among the most are downsizing nationally, the number of competitive of major U.S. cities. Houston is the nation’s luxury retailers here have been increasing. The sixth-largest office market, and more than one-half of geographic heart of Houston luxury retail is the world’s largest non-U.S. based corporations have Uptown District and the western portion of the major non-retail operations here. Houston also has a Inner Loop area, which includes the Highland strong international presence as over 3,500 firms and Village Shopping Center, the Galleria, Uptown organizations report business dealings in over 200 Park, BLVD Place, River Oaks Shopping Center, countries worldwide. Houston ranks second in the nation Upper Kirby District, Rice Village and West Ave. in terms of available convention/special event space, with more than 2.5 million square feet of convention facilities.

Houston’s Young, Well-Educated, Texas Medical Center Houston: An International and Expanding Population Cosmopolitan City

In addition to its exceptional population The healthcare industry continues to be Houston is an international, entrepreneurial, growth, the Houston metro area also boasts another significant economic driver in diverse, cosmopolitan city in which 92 a young and well-educated population. Houston, adding 9,600 local jobs on average countries have consular offices (the third According to the Census Bureau’s American within the past 5 years, representing a growth highest in the nation), and more than 90 Community Survey, Houston has the rate of 6.5%. The epicenter of Houston’s languages are spoken throughout the second-youngest median age among large healthcare presence is the internationally Houston area. Houston has a Theater metropolitan areas in the United States. recognized Texas Medical Center (TMC).TMC District second only to New York City with its Houston is the fourth-largest city in the United is the largest medical center in the world and concentration of seats in one geographic area. States with a population of 2.3 million people, has more than 7.1 million patients annually, of Located downtown, the 17-block Theater while the Houston MSA is now the fifth- which approximately 16,000 are international District is home to eight performing arts most populous metro area with 6.4 million patients. TMC is situated on 1,300 acres just organizations with more than 12,000 seats. residents. During the last decade, Houston outside downtown Houston and is comprised In addition, Houston has a unique Museum was the fastest growing metro area in the of 280 buildings—including 21 academic District offering a range of museums, galleries, United States, adding more than 1.2 million institutions and 14 hospitals—totaling 45.5 art and cultural institutions. Houston has residents. According to a study by the Kinder million gross square feet of patient care, more than 500 cultural, visual and performing Institute for Urban Research, this growth education and research space. Together arts organizations, 90 of which are devoted to represents more people in the past decade TMC’s 51 member institutions employ more multicultural and minority arts and is one of than the population growth in the New York than 92,500 people, making it Houston’s five U.S. cities that offer year-round resident and Chicago metropolitan areas combined. second-largest employer outside of the CBD. companies in all major performing arts. Houston has capitalized on its proximity Texas Medical Center has a regional annual to Latin America, its emergence as a major economic impact of $14 billion. $7.1 billion destination for immigrants from around the was approved for building and infrastructure world, the area’s pro-business policies and improvements that were initiated in 2008. low cost of living. 5850 SAN FELIPE @ AUGUSTA DRIVE

WILLIAMS TOWER

2603 Augusta Drive

SAN FELIPE The Spectrum PLAZA Building The Hawthorne Condominiums

±2.1 ACRES SAN FELIPE @ AUGUSTA

T.H. Rogers School / Post Oak Little League Tanglewood Plaza

37,930 VPD

± 2.1 ACRES ON AN IRREPLACEABLE CORNER

The material herein is intended as a guide only, no liability for negligence or otherwise is assumed for the material contained herein by Jones Lang LaSalle, its principal or its servants or its agents. No material contained herein shall form the basis of or be part of any agreement and no warranty is given or implied as to the accuracy of the whole or any part of the material. Prospective purchasers/ tenants should not rely on the material but should make their own inquiries and satisfy themselves of all aspects of the material. Any liability by Jones Lang LaSalle, its principal, its servants or its agents in any way connected with the brochure, whether or not such liability results from or involves negligence, will not exceed $1000.00.

FOR MORE Simmi Jaggi Elizabeth Clampitt Chris Bergmann Jr. INFORMATION, Managing Director Senior Vice President Vice President CONTACT: +1 713 888 4098 +1 713 888 4075 +1 713 425 5868 [email protected] [email protected] [email protected]