FORMER SEARS - GREENSPOINT MALL FOR SALE OR LEASE

Transcription

1 FORMER SEARS - GREENSPOINT MALL FOR SALE OR LEASE Traffic Generators GREENSPOINT MALL GEORGE BUSH INTERNATIONAL AIRPORT Building Size: 165,000 SF Land Size: 16.5 Acres For Sale or Lease: Former Sears Box in prime position of Greenspoint Mall at the intersection of Interstate 45 North & Beltway 8. Close to George Bush International Airport, Greenspoint Office District and convenient to Woodlands and Downtown Houston. thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice. Retail Solutions, which provides real estate brokerage services, is a division of Reliance Retail, LLC, a Texas Limited liability company.

2 Confidential Memorandum and Disclaimer Please note that the use of this Offering Memorandum and the Information ( Information ) provided is subject to the terms, provisions and limitations of the confidentiality agreement which we have provided to you ( Buyer ) and requested an executed copy. Brokerage Relationships: By taking possession of and reviewing the information contained herein, Buyer acknowledges that the Listing Team of Retail Solutions ( Brokers ) are acting as Seller s Agent in the disposition assignment for the property. Buyer acknowledges receipt of the form entitled Information About Brokerage Services. Non-disclosure of Information: By taking possession of and reviewing the Information contained herein, Buyer agrees not to disclose, permit the disclosure of, release, disseminate or transfer any of the Information obtained from Broker or the Property owner ( Owner ) to any other person or entity except as permitted herein. Buyer shall take all appropriate precautions to limit the dissemination of the Information only to those persons within the firm who need to know the Information. The phrase within the firm shall be deemed to include outside attorneys, accountants and investors. Disclaimer and Waiver: By taking possession of and reviewing the Information contained herein, Buyer understands and acknowledges that neither Brokers nor Owner make any representations or warranty, expressed or implied, as to the accuracy or completeness of any Information provided. Neither the Broker or the Owner shall have any liability whatsoever for the accuracy or completeness of the Information contained herein or any other written or oral communication or Information transmitted or made available or any action taken or decision made by the Buyer with respect to the Property. Buyer understands and acknowledges that they should make their own investigations, projections and conclusions without reliance upon the Information contained herein. Buyer assumes full and complete responsibility for confirmation and verification of all information received and expressly waives all rights of recourse against Owner, Brokers and Retail Solutions.

3 Transaction Type: FOR SALE OR LEASE Call for Pricing PROPERTY DESCRIPTION Property Address Location County Total Land Building Size Occupancy NEC of North Freeway and Beltway 8 Harris Acres 165,000 SF Vacant Property Highlights Easy commutes to locations throughout Houston via: - Interstate 45 - Sam Houston Parkway - Hardy Toll Road Exceptional IT infrastructure Close proximity to a diverse workforce Strong presence of global companies Premier visibility to Beltway 8 Located in Extremely dense Houston submarket with huge daytime and residential populations.

4 Site Plan

5 Greenspoint Leasing Plan

6 Building Aerial

7 Aerial View

8 Wide Aerial View

9 Greater Greenspoint Companies More than 4,000 companies call Greenspoint home. The following list names a few of them. Oil & Gas Baker Hughes Inc. Citgo Petroleum CRI International Exterran Far East Energy Halliburton Co. Hydril Murex Petroleum Corporation Nabors Industries Inc. Nat G CNG Solutions Newfield Exploration Patterson UTI Energy Scientific Drilling Schlumberger Shell Oil Products US Smith International Swift Energy Weatherford Professional & Financial Services ABM Insurance & Benefit Services Abby Executive Suites Amegy Bank of Texas Bank of America Bankers Life & Casualty Services BBVA Compass Bentley, Bratcher & Associates Bureau Veritas N America Inc Capital One Bank Chase Bank Comerica Bank Corbridge Group Inc. CORE Communications Energy Capital Credit Union esigns.com Gazaway & Company Hartford Lloyd s Insurance Corp. O Donnel, Ferebee & McGonigal Omni National Bank Primeway Federal Credit Union Walther Holdings Inc. Wells Fargo Bank Technology Services, Equipment & Telecommunications Apex Telecommunications Svc. Centre Technologies CompQSoft CyrusOne Data Foundry Fibertown Level 3 Communications Mincron SBC Corporation Ricoh USA SunGard Availability Services United Airlines Reservation Center Logistics B&D Custom House Brokers Inc. Blue Water Shipping DHL Worldwide Express Diligent Delivery Systems Federal Express Fast Trac Transportation Fracht USA Masterpiece International Ltd. Moran Shipping Petrasco Secure Global Logistics Teledyne TNT USA Trelleborg U.S.G.A. Logistics Inc Manufacturing & Industrial Atlas Industrial Supply Beauty Elite Group Coorstek Enduro Composite Systems Inc. Gill Services, Inc. H&E Equipment Services Honeywell Hunting Mazak Corporation Proserv Crane Group Union Co. Unitech Subsea Warehouse Distribution & Food Svc American Rice Inc. American Tire Distributors Cinco Pipe & Supply Consolidated Electrical Distribution Coastal HVAC Cyclone Enterprises Inc. Fastenal Frito Lay Fusco Sysco Corp Engineering, Construction & Contracting Atser Hollomon Corporation HPI LLC Jones & Carter Lennar Corporation Morganti Texas Inc. New Tech Global Tellepsen Builders *From Greenspoint.org

10 Pitney Bowes Software, Inc. Updated Summary Report 4/13/2016 8:33:50 PM For: Demographics Houston, Texas, Longitude: Latitude: mi Ring 2 mi Ring 3 mi Ring 5 mi Ring Population Trend 2000 Total Population 10,995 42,855 79, , Total Population 14,687 51, , , Total Population 14,960 55, , , Total Population 16,103 60, , ,607 Households Trend 2000 Total Households 4,229 15,172 26,716 57, Total Households 5,332 17,360 32,447 70, Total Households 5,156 17,666 33,885 74, Total Households 5,363 18,564 36,033 80,538 Population Change Trend 2000 to 2010 Population Change 33.6% 20.2% 29.4% 34.2% 2000 to 2015 Population Change 36.1% 28.9% 42.2% 48.4% 2010 to 2020 Population Change 9.6% 16.8% 20.6% 22.7% 2015 to 2020 Population Change 7.6% 8.8% 9.8% 11.0% Household Change Trend 2000 to 2010 Household Change 26.1% 14.4% 21.5% 24.1% 2000 to 2015 Household Change 21.9% 16.4% 26.8% 31.2% 2010 to 2020 Household Change.6% 6.9% 11.1% 13.8% 2015 to 2020 Household Change 4.0% 5.1% 6.3% 7.6% 2015 Race White alone 37.3% 35.2% 34.8% 36.2% Black or African American alone 29.0% 32.0% 33.3% 31.2% American Indian and Alaska Native alone 1.3%.9%.9%.8% Asian alone.9% 1.7% 3.5% 5.0% Native Hawaiian and OPI alone.1%.0%.1%.1% Some Other Race alone 26.7% 25.7% 23.2% 22.6% Two or More Races 4.7% 4.4% 4.2% 4.1% 2015 Income Per Capita Income $11,540 $12,353 $13,427 $14,297 Household Income: Median $26,031 $29,852 $33,964 $38,804 Household Income: Average $33,677 $38,962 $44,847 $49,940 Average household size Total Daytime Population 33,349 78, , ,558 Total Employee Population 24,987 47,162 70, ,540 Total Daytime at Home Population 8,362 30,857 64, ,018 Total Employee Population (% of Daytime Population) 74.9% 60.4% 52.4% 46.4% Total Daytime at Home Population (% of Daytime Population) 25.1% 39.6% 47.6% 53.6%

11 Information About Brokerage Services Texas law requires all real estate license holders to give the following informaɵon about brokerage services to prospecɵve buyers, tenants, sellers and landlords TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage acɵviɵes, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material informaɵon about the property or transacɵon received by the broker; Answer the client s quesɵons and present any offer to or counter-offer from the client; and Treat all parɵes to a real estate transacɵon honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriʃen lisɵng to sell or property management agreement. An owner's agent must perform the broker s minimum duɵes above and must inform the owner of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriʃen representaɵon agreement. A buyer's agent must perform the broker s minimum duɵes above and must inform the buyer of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parɵes the broker must first obtain the wriʃen agreement of each party to the transacɵon. The wriʃen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaɵons as an intermediary. A broker who acts as an intermediary: Must treat all parɵes to the transacɵon imparɵally and fairly; May, with the parɵes' wriʃen consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucɵons of each party to the transacɵon. Must not, unless specifically authorized in wriɵng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriʃen asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submiʃed in a wriʃen offer; and any confidenɵal informaɵon or any other informaɵon that a party specifically instructs the broker in wriɵng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacɵon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s duɵes and responsibiliɵes to you, and your obligaɵons under the representaɵon agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This noɵce is being provided for informaɵon purposes. It does not create an obligaɵon for you to use the broker s services. Please acknowledge receipt of this noɵce below and retain a copy for your records. Reliance Retail LLC OR Texas RS LLC dba "Retail Solutions " OR [email protected] Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Phone David J. Simmonds OR David Schoenemann OR [email protected] Designated Broker of Firm License No. Phone David J. Simmonds OR David Schoenemann OR [email protected] Licensed Supervisor of Sales Agent/ Associate License No. Phone Sales Agent/Associate s Name License No. Phone Regulated by the Texas Real Estate Commission Buyer/Tenant/Seller/Landlord Initials Date InformaƟon available at IABS 1-0