VILLAGES OF LANGHAM CREEK

QUEENSTON BLVD

±21.66 ACRES AT 5500 QUEENSTON BLVD , Texas

OFFERING MEMORANDUM Property Information www.dmreland.com

Property Details NOTE: Measurements are approximations from Landvision. LOCATION 5500 Queenston Blvd, Houston, TX 77084

LAT., LONG. 29.857538, -95.667357 TOTAL ACRES +/- 21.66 acres 1269.8’ PARCEL ID 1181010010001 LEGAL INFORMATION RES A BLK 1 QUEENSTON SPORTS CENTER QUEENSTON BLVD CY-FAIR SPORTS ASSOCIATON UTILITIES Barker Cypress MUD 1056’ 794’ SCHOOL DISTRICT Cypress-Fairbanks ISD

2017 Tax Rates 897.6’ 4 CYPRESS-FAIRBANKS ISD 1.44000 40 HARRIS COUNTY 0.41656 41 HARRIS CO FLOOD CNTRL 0.02829 42 PORT OF HOUSTON AUTHY 0.01334 43 HARRIS CO HOSP DIST 0.17179 44 HARRIS CO EDUC DEPT 0.00520 45 LONE STAR COLLEGE SYS 0.10780 112 BARKER-CYPRESS MUD 0.84000

QUEENSTON BLVD 633 HC EMERG SRV DIST 9 0.05331 ~1,056 FEET OF FRONTAGE Total 3.07629

2017 Demographics 0-1 mi 0-3 mile 0-5 miles EST. POPULATION 20,279 144,751 311,418

5-YR EST. POPULATION GROWTH 9.04% 9.83% 9.71%

±21.66 ACRES HOUSEHOLDS WITH INCOME 51.3% 47.3% 51% EXCEEDING $74,999 EST. AVERAGE HOME VALUE $173,128 $166,865 $189,493

±21.66 ACRES AT 5500 QUEENSTON BLVD 2 Property Information www.dmreland.com

WEST RD

CYPRESS LONGENBAUGH RD

WILLOWBROOK

SPENCER RD COPPERFIELD N ELDRIDGE PKWY GREENSPOINT PLACE GREENHOUSE RD 5500 QUEENSTON W LITTLE YORK RD 5500 QUEENSTON BARKER CYPRESS RD

45 QUEENSTON BLVD COPPERFIELD JERSEY VILLAGE PLACE

CLAY RD 5500 QUEENSTON

610 SPRING BRANCH

THE HEIGHTS KATY ENERGY CORRIDOR 10 MEMORIAL CITY WASHINGTON CORRIDOR 10 DOWNTOWN UPTOWN HOUSTON DISTRICT EADO MIDTOWN GREENWAY GALENA PARK PLAZA WESTCHASE

TEXAS MEDICAL 610 PASADENA CENTER

69

±21.66 ACRES AT 5500 QUEENSTON BLVD 3 45 COPPERFIELD CENTER (2 MILES)

Kahla Middle School Metcalf Elementary E LL

W LITTLE YORK RD

LLE O LNM EE

QUEENSTON BLVD

±21.66 ACRES

±21.66 ACRES AT 5500 QUEENSTON BLVD 4 BARKER CYPRESS RD

W LITTLE YORK RD The Church Without Walls CONVENTRY PARK DR

QUEENSTON BLVD

±21.66 ACRES

±21.66 ACRES AT 5500 QUEENSTON BLVD 5 Area Highlights www.dmreland.com

West Houston Medical Center 5 miles from the Property 170-acre campus with over 1.3 million square feet and valued at over $550 million

Texas Children’s Hospital West Campus Master-planned business district, home to • $220-million, 350,000-square-foot, 48 bed pediatric hospital several of the largest international energy companies in the world as well as 300 • 1,000 employees multi-national, national and local compa- • Opened in 2010 nies • Will soon be expanded to 96 beds WESTLAKE OFFICE TOWER - BP • 5 miles from the Property The Methodist West Houston Hospital • Educated workforce comprised of • $300 million, 192- bed hospital more than 94,000 employees WOOD GROUP HQ • 2,100 employees • Second largest employment center in • Opened in 2010 the region • Over 25 million square feet of office The University of Texas M.D. Anderson Hospital space (of which 79% is Class A) • Owns 35 acres located in the Central Park development, on the north • Over 2.9 million square feet of retail side of Interstate 10 between Eldridge and SH 6 • By 2030, office/mixed-use space is • Construction of a 175,000 square foot cancer center, the first phase expected to reach 45.2 million square of a multi-building campus, is currently underway and is expected to feet Top Employers be open by 2018

• Hosts 27 hotels providing a total of Employer # Employees 3,878 hotel rooms West Houston Developments Wood Group 10,960 • Over 60 of all varieties BP America, Inc. 9,537 • Over 26,000 acres of natural space and 50 miles of bike trails and running Technip USA Inc. 4,300 trails ConocoPhillips 3,000 • Contains the headquarters locations Shell Oil Company, Woodcreek 3,000 • Igloo hired an additional 250 full time workers in the Katy plant in and regional offices of prominent 2014 to support the continued growth in West Houston international energy and energy Methodist West Houston Hospital 2,100 services firms including BP America, • St. Luke’s purchased nearly 30 acres of land near Cinco Ranch, possi- Mariner Post-Acute Network 2,000 Shell Exploration and Production, bly developing another hospital campus as part of a future mixed-use ConocoPhillips, CITGO, Dow Chemical, The Friedkin Group 2,000 project called The Reserve at Grand Parkway PGS, and Mustang/Wood Group Sysco Corporation 1,800 • The Reserve at Grand Parkway is an 89-acre site being developed by • Other, non-energy, companies also the creators of LaCenterra at Cinco Ranch in Katy have a major presence in the corridor CITGO Petroleum Corporation 1,367 including Cardinal Health Care Inc., Dow Chemical 1,330 • Geico first revealed its plans in 2013 to move into 135,000 square feet Sysco Corporation, Gulf States Toyota, at Mason Creek near the Grand Parkway in Katy with plans to hire up and Star Furniture Foster Wheeler USA Corporation 1,000 to 1,000 workers over the next three years. The new claims operation center opened in 2014. The center initially employed more than 500 Texas Children’s Hospital West 1,000 associates and added 300 new positions in 2015.

±21.66 ACRES AT 5500 QUEENSTON BLVD 6 Area Highlights www.dmreland.com

Copperfield Center - Highway 6 & FM 529 <2 miles from the Property LA CENTERRA • The Egg & I, Hikari Sushi Bar, , Fajita Willies, , French Quarter Market & Grill, , Pho Saigon Noodle House, Mar- ket, French Quarter Cajun Seafood, Fuddruckers, , , , , Chuck E. Cheese’s, and Dick- ey’s Barbeque • Q Salon, T Mobile, Wells Fargo, Sterling Bank, Chase Bank, 24 Hour Fitness, First Community Credit Union, Amegy Bank of Texas, and Capital One Bank Katy Mills Mall • 1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theater CityCentre • 425,000 square feet of Class A office space La Centerra at Cinco Ranch • 500,000 square feet of retail space that includes a • 34-acre mixed-use town center located at the Lifetime Fitness, 9-screen Studio Movie Grill, and intersection of Cinco Ranch Boulevard and Grand many fashionable shops Parkway; Phases I and II are comprised of approx- • Anthropologie, Bistro Bar, Eddie V’s, Houston Motor imately 170,000 square feet of retail space and Club, J. Crew, Kendra Scott, Lululemon, Olive & Vine, 125,000 square feet of office space RA Sushi, Ruggles Green, Sur La Table, The Capital • Upscale, main-street style town center devel- Grille, The Tasting Room, Urban Outfitters, Yard House, opment featuring national names and unique and Z Gallerie boutiques, choice dining options, Class A office • 245-room Hotel Sorella, a 4-Star hotel space and luxury living CITYCENTRE • In 2015 Trader Joe’s opened a new, 12,500 SF Town & Country Village store in La Centerra Phase III; Phase III consists • 75 shops and services of an additional 37,000 SF of retail, 36,000 SF of TOWN & COUNTRY VILLAGE office, and a parking garage • Added over 100,000 square feet of retail and office space with Phase III Houston Premium Outlets • Includes retailers such as Gap, Ann Taylor, Banana • 145 designer and name-brand outlet stores Republic, Coldwater Creek, Talbots, White House Black including Armani Outlet, Burberry, Nike, Kate Market, Pottery Barn, Williams-Sonoma, Restoration Spade New York and Tory Burch Hardware, Barnes & Noble, Bath & Body Works, Flem- ing’s Steakhouse, McCormick & Schmick’s, Escalante’s • Pedestrian outdoor courtyards and covered walk- Mexican Grille, La Madeleine, Pronto Cucinino, Bank of ways provide all-weather shopping comfort year America, and American Express Travel round; offers seven convenient entrances and ample parking • The Central Green Amphitheatre offers 800-1,100 seats for special events

±21.66 ACRES AT 5500 QUEENSTON BLVD 7 Contacts, Due Diligence, & Offer Requirements www.dmreland.com

Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Associate 713.955.2120 [email protected] [email protected] 777 Post Oak Blvd O 713-955-3127 O 713-955-3121 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 Principal Associate disposition of ±21.66 acres at 5500 Queenston Blvd [email protected] [email protected] Houston, TX (Property). All inquiries about the Prop- O 713-955-3126 O 713-955-3123 erty should 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.dmreland.com Tom Dosch Tripp Rich Principal Analyst [email protected] [email protected] Offer Requirements O 713-955-3125 O 713-955-3124 Offers should be presented in the form of a non-bind- M 713-557-4455 M 936-635-6968 ing Letter of Intent, and should include:

• Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit Clark Dalton Jane Matsell • Description of Debt/Equity Structure Associate Graphic Designer • Qualifications to Close [email protected] • Development Plans O 713-955-3122 M 832-449-2223 Purchase terms shall require cash to be paid at clos- ing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.

±21.66 ACRES AT 5500 QUEENSTON BLVD 8 9 www.dmreland.com 10-10-11 10-10-11 a question or complaint a or complaint question TREC No. OP-K TREC No. ://www.trec.texas.gov) ://www.trec.texas.gov) specifically instructs instructs the specifically required to treat each each treat to required tions before proceeding. before proceeding. tions Date (1) (1) honestly; parties all treat shall (2) a accept will owner the that disclose may not a pay will buyer the that disclose may not (3) (4) or information any confidential disclose not may intermediary. The written consent must state who will who state must consent written The intermediary. underlined or bold conspicuous in and, broker the pay an as obligations broker’s the forth set print, The intermediary. broker is The with comply to and fairly and honestly party as acts who broker A Act. License Estate Real Texas transaction: a in intermediary an price in authorized unless price asking the that less writing to do so by theowner; offer written a in submitted price than the greater price unlessauthorized writingin todo byso the buyer; and informationany that partya in authorized unless disclose to not writing in broker byso do to required or information the disclose to writing The Texas RealEstate License Act ora court orderor if theinformation materially relates the to condition the of property. an as acting a broker consent, parties’ With the intermediary between the parties may appoint a person License Estate The Texas Real under licensed is who communicate broker to the with associated and Act and party one of instructions out carry and with anotherlicensed under person whothat is Actand and with communicate to broker the with associated party. other the of instructions out carry Ifyou choose to have a brokerrepresent you, the with agreement written a into enter should you the broker’s obligations clearly establishes that broker state should agreement The obligations. your and have You paid. be broker the will whom by and how any,representation, if of type the choose to right the broker a to fee a of payment Your receive. to wish you broker the that establish necessarily not does If you have represents you. regardingany questions you broker, the of responsibilities and the duties ques those resolve should to give the following information about about information to give the following yers, tenants, sellers and landlords. sellers tenants, yers, at P.O. Box12188, P.O. Austin, 78711-2188Texasat , 512-936-3000 (http by agreeing to act as a as act to agreeing by brokerage services to prospective bu brokerage services to Approved by the Texas Real Estate Commission for Voluntary Use Voluntary for Commission Estate Real Texas the by Approved Texas law requires all real estate licensees real all requires Texas law efore working with a real estate broker, you you broker, estate real a with working efore should knowthat the duties of a broker depend on whom If represents. broker the prospective a you are landlord or seller Information About Brokerage Services Information About Brokerage Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. subagent by accepting an offer of subagency from the from subagency of offer an accepting by subagent real A subagent may broker. in a different work listing assist can subagent or broker listing A office. estate and the buyer represent not does but the buyer buyer The first. ofowner the interests the place must shouldnot tell the owner’s agent anything the buyer an because know to owner the want not would any owner the to disclose must agent owner’s agent. the to known information material BUYER: THE REPRESENTS THE BROKER IF entering by agent buyer’s the becomes broker The usually buyer, the represent agreement to an into A agreement. representation buyer a written through buyer’sagent canassist the owner but does not represent theowner and must place theinterests of buyer’s a tell not should owner first.buyerthe The buyer the want not would owner the anything agent the to disclose must agent buyer’sa because know to agent. the known to information material any buyer AN INTERMEDIARY: AS ACTS THE BROKER IF the between intermediary an as may act A broker TexasThe with Real complies broker the if parties written the obtain must broker The Act. License Estate an as act to transaction the to party each of consent B (owner) or a prospective buyeror a or (owner) tenant (buyer), you for property the lists who broker the that know should acts who broker A agent. owner’s the is lease or sale cooperation in owner the represents subagent a as with the listing broker. A broker who actsa buyer’s as an as act may broker A buyer. the represents agent the if parties the parties between intermediary locating in you assist can broker A writing. in consent obtaining or lease, or contract a preparing property, a is broker A you. representing without financing you honestly. treat to by law obligated OWNER: THE REPRESENTS THE BROKER IF entering by agent owner’s the brokerThe becomes a through usually owner, the with agreement an into agreement, or - written listing Buyer, Seller, Landlord or Tenant or Tenant Buyer, Seller, Landlord Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have have you If (TREC). Commission Estate Real Texas the by regulated and licensed are Salespersons and Brokers Estate Real Texas TREC contact should estate reala regarding licensee,you 777 POST OAK BLVD HOUSTON, TEXAS 77056

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