16 Acr LAS COLINAS, TEXAS NORTHSHORE 16 ACRE IN-FILL, TRANPORATION ORIENTED DEVELOPMENT OPPORTUNITY MULTI-FAMILY & MIXED USE SITES AVAILABLE Downtown Dallas Water Street +120,000 VPD Las Colinas Urban Center 103,000 Employees 421 Rooms Toyota Music Factory - 250,000 SF Retail - 100,000 SF Corporate Headquarters for Ethos Group - 8,000 Seat Amphitheater Northwest Highway NORTHSHORE 16 Acres +30,000 VPD Irving Convention Center Station Westin Hotel Under Construction Texicana Hotel 350 Rooms Under Construction 148 Rooms IRVING CONVENTION CENTER AT LAS COLINAS OFFERING SUMMARY INVESTMENT OVERVIEW Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a Texas licensed real estate broker (“HFF”), has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in NorthShore (the “Site”). Strategically located in Las Colinas, Texas, NorthShore features a desirable location within close proximity to the Dallas/Fort Worth International Airport and offers residents a vast array of neighboring amenities including the world-renowned business and residential community of Las Colinas, the recently completed Toyota Music Factory and the Irving Convention Center. Situated directly on Lake Carolyn, the Site is a transit oriented development as it sits within close proximity to two DART lines and the Las Colinas Area Personal Transit System. WATER STREET TOYOTA MUSIC FACTORY INVESTMENT HIGHLIGHTS PROMINENT CORPORATE ADDRESS - NorthShore is located in Las Colinas, TX, which is a world-class business center with more than 2,000 companies, five Fortune 500 global headquarters, three Fortune 1000 company headquarters, and the presence of more than 45 Fortune 500 companies. In addition, several foreign-owned companies have local offices located in Irving-Las Colinas with headquarters based from countries such as France, Germany, Italy, Japan, Saudi Arabia, and Switzerland. Further highlighting the area’s corporate location is the fact that the Site is less than eight miles from DFW International Airport, the third busiest airport in the world. The airport drives economic development in the region as it contributes an estimated $37 billion to the North Texas economy each year and supports 228,000 full-time jobs. STRONG DEMAND FUNDAMENTALS - High demand drivers including jobs, corporate relocations, and entertainment have resulted in the Las Colinas/Coppell submarket absorbing all 1,118 units that have been delivered over the past four quarters. The submarket has further maintained a market occupancy of 94.6% while averaging 5.3% annual rent growth. In addition, NorthShore is one of the last waterfront sites available on Lake Carolyn. NEIGHBORING SHOPPING AND ENTERTAINMENT DISTRICT - The Site is surrounded by several prominent shopping and entertainment destinations, the five star Four Seasons Resort and Club at Las Colinas, the recently developed Toyota Music Factory and Water Street. The Toyota Music Factory consists of 250,000 SF of retail, 100,000 SF of office, an 8,000 seat indoor/ outdoor concert venue, and an open air plaza of approximately 50,000 SF that is utilized for outdoor festivals and concerts. While Water Street, scheduled to open in 2017, is a mixed use development with 340 apartments and 60,000 SF of retail. Other neighboring entertainment and shopping destinations in the area include the Bass Pro Shops Outdoor World, the $350 million Gaylord Texan Resort, and Grapevine Lake. DEMOGRAPHICS ONE MILE RADIUS: $ Average Household Income: Population Growth From 2010-2017 Projected Population Growth from 2017-2022 $112,971 63.04% 11.7% Dallas CBD $775,000 Avg. Single Family 3rd Busiest Airport in the World 228,000 Full-Time Jobs Home List Price $37 Billion in Economic Impact NORTHSHORE Irving Convention Center at Las Colinas W. Northwest Highway L AS COLINAS Riverside Drive D EVEL OPMEN T Transit Oriented DART Orange Line has HIDDEN RIDGE WATER STREET 2,300 daily riders $1.5B development 340 apartment units 3.5MM SF of office 60,000 SF of retail 85,000 SF of retail Parcel B: 150-room hotel Parcel A: 15.62 acres Lake Carolyn 11.06 acres APT TOYOTA MUSIC FACTORY 250,000 SF of retail DART Light 100,000 SF of office space Rail Station 8,000-seat amphitheater 50,000 SF plaza Over 250 annual events John W. Carpenter Fwy Irving Convention Center at Las Colinas 120,000+ VPD 121,458 VPD LAS COLINAS 1,200 Acre Master-Planned Community DART Orange Line Orange DART DART Orange Line Orange DART More Than 2,000 Companies 103,000 Employees 1.3MM SF of Retail Space Northwest Highway 28,384 VPD STRONG APARTMENT SUBMARKET DYNAMICS - The SITE DESCRIPTION Site is located in the Las Colinas/Coppell submarket, which PARCEL LOCATION: 500 E. Las Colinas Blvd. has historically been one of the most desirable and strongest Irving, TX 75039 performing submarkets in all of DFW. The sector continues to be one of the market leaders in terms of occupancy (94.6%) and rent TOTAL ACREAGE: 16.0 acres growth (5.3%) as of the close of the second quarter 2017. CURRENT ZONING: Allows multifamily & ATTRACTIVE OFFICE SUBMARKET – The Urban Center / Wingren retail office market has historically been one of the strongest office markets in the DFW metroplex. As of second quarter 2017, Urban DFW ECONOMIC OVERVIEW Center’s average Class A rental rate is $32.26 per square foot, reflecting a 39.7% increase since 2012. TRANSIT ORIENTED DEVELOPMENT - The Irving Convention Dallas #11 Center DART Light-Rail Station is adjacent to NorthShore and “The Most High-Tech Cities in the World” connects residents directly to the DFW International Airport and According to Business Insider virtually any destination in Dallas. The Las Colinas Area Personal Transit System (APT), which consists of a red and blue rail line, connects residents to all of Las Colinas and is a direct passenger link to the DART light-Rail. Both the DART and APT further improve access to any of the surrounding areas. Ranked #1 in projected Ranked #1 in projected INFILL URBAN LOCATION – Retail, entertainment and office users population growth for job growth for are driving development in Las Colinas. As a result NorthShore sits 2017 to 2021 2017 to 2021 in an urban in-fill mixed-use environment. 578,590 260,730 According to Forbes.com Project Data: Pod 2: Min. Building Area: 25,000 SF Min. 25,000 SF Retail Restaurants uses Parking:* Min. Building Height: 30 Feet, or 1 Story, whichever is less Pod 3: Min. Building Area: 260,000 SF Up to 375,000 SF Residential or 350 Units Min. 6,000 SF Retail/Restaurant Parking:* Min. Building Height: 45 Feet, or 4 Stories, whichever is less Pod 4: Min. Building Area: 215,000 SF Up to 350,000 SF Residential or 325 Units Parking:* PrOJectData: Min. Building Height: 45 Feet, or 4 Stories, whichever is less Pod 5: Min. Building Area: 190,000 SF Up to 275,000 SF Residential or 300 Units Parking:* Min. Building Height: 45 Feet, or 4 Stories, whichever is less *Parking Provided will be 1.5 Spaces/Unit; Retail/ Resturant will be 1 Space/100 SF Min.; Office parking will be 1 Space/333 SF; Live/Work will be 1.5 Spaces/Unit ADDITIONAL INFORMATION BEN BEAIRD | Senior Director [email protected] | 214.692.4706 ROBERTO CASAS | Senior Managing Director [email protected] | 469.232.1939 TEDDY LEATHERMAN | Real Estate Analyst 2323 Victory Avenue, Suite 1200 [email protected] | 469.232.1975 Dallas, TX 75219 Debt Contact: Jim Curtin | Senior Director TEL: 214-265-0880 | FAX: 214-265-9564 [email protected] | 469.221.7781 hfflp.com Offer Date: TBD Timing: All submissions must include specific terms relating to Due Diligence and Closing time periods. Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global- com mercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF..