INVESTMENT HIGHLIGHTS 15150MEMORIAL DRIVE EXECUTIVE SUMMARY HOUSTON, TEXAS EXECUTIVE SUMMARY Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp a Texas licensed real estate broker (“HFF”). 15150 MEMORIAL DRIVE 1 INVESTMENT HIGHLIGHTS HFF, as exclusive advisor for the Owner, is pleased to offer the opportunity to acquire a 100% fee simple interest in 15150 Memorial Drive (“The Property”), a 155,118 square foot vacant Class A office building and structured parking garage located just west of the intersection of Memorial Drive and Eldridge Parkway in one of the most dynamic areas in Houston. Situated on a wooded 5.7 acre site, 15150 Memorial Drive is the ideal location for corporations seeking a prestigious address within a headquarters quality building in Houston’s Energy Corridor. 15150 Memorial Drive provides an exceptionally rare opportunity to acquire an institutional quality asset with 155,118 square feet of contiguous space in one of the country’s strongest MSA’s at a price well below replacement. INVESTMENT SALES TEAM H. DAN MILLER, CCIM, SIOR Senior Managing Director Phone (713) 852-3576
[email protected] TRENT AGNEW Director Phone (713) 852-3431
[email protected] WESLEY HIGHTOWER Real Estate Analyst Phone (713) 852-3495
[email protected] FOR DEBT INQUIRIES COLBY MUECK Director Phone (713) 852-3575
[email protected] 2 HFF INVESTMENT HIGHLIGHTS INVESTMENT HIGHLIGHTS INVESTMENT SUMMARY ADDRESS 15150 Memorial Drive, Houston, Texas 77079 YEAR BUILT 1992 OFFICE SF 155,118 SITE SIZE 5.7 acres (248,161 SF) OCCUPANCY 0% PARKING RATIO 3.1 per 1,000 SF (ability to expand to 4.4 per 1,000) 4 4 HFF INVESTMENT HIGHLIGHTS EXECUTIVE SUMMARY RARE VALUE-ADD/OPPORTUNISTIC INVESTMENT IN HOUSTON’S ENERGY CORRIDOR DISCOUNT TO REPLACEMENT COST • 15150 Memorial Drive presents investors a very rare opportunity to acquire a Class A office building in • Based on recent land sales in the immediate area of $30-$45 per land square foot and HFF’s data on one of the nation’s most dynamic and resilient submarkets at a price well below replacement cost.