±0.95 acres at 1231 w. 18th street in the heights...hunky dory the rice box snap kitchen...

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W. 19TH ST. W. 19TH ST. W. 19TH ST. N DURHAM DR W. 18TH ST. W. 18TH ST. W. 18TH ST. W. 17TH ST. W. 17TH ST. W. 17TH ST. W. 20TH ST. W. 20TH ST. W. 20TH ST. Opening Fall 2018 Braun Enterprises 17,962 Total SF Retail Yoga studio Two ~5,000 SF restaurants K-9 Angels Rescue Hubcap Grill Houston Heights Cedar Creek Cafe Bar & Grill Wicklow Heights Big Star Bar The Boot COMING SOON Bungalow Heights Fortune One Foods Eureka Heights Brew GREATER HEIGHTS Home Prices up to $1.7M W 19TH ST SHOPPING DISTRICT / DOWNTOWN HEIGHTS Shopping Dining Boomtown Coffee Shade Torchy's Tacos Maryam's Cafe Down House Wellness Blissful Indulgence Studio Fitness Theater HITS Theatre InterActive Theater UpStage Theatre Juice Girl Becks Prime Harold's Carter & Cooley Co The Vietnam Fly High Little Bunny Almogabar's New Living Thread Vinal Edge Records Manready Mercantile Eclectic Home J Harding & Co. Natural Pawz Penzeys Spices Jubilee Retropolis Venus Hair Dramatika Zoës Kitchen Hunky Dory The Rice Box Snap Kitchen Wright-Bembry Park 0.96 Acres - Potentially Available (NOT MARKETED BY DMRE) 0.95 Acres - Potentially Available (NOT MARKETED BY DMRE) ±0.95 ACRES ±0.95 ACRES ±0.95 ACRES DRAKE HOMES Townhomes up to $445K URBAN LOFTS Townhomes up to $414,900 ±0.95 Acres at 1231 W. 18th Street in the Heights Houston, TX 77008 OFFERING MEMORANDUM

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  • W. 19

    TH S

    T.

    W. 19

    TH S

    T.

    W. 19

    TH S

    T.

    N DURHAM DR

    W. 18TH ST.

    W. 18TH ST.

    W. 18TH ST.

    W. 17TH ST.

    W. 17TH ST.

    W. 17TH ST.W. 2

    0TH ST.

    W. 20TH

    ST.

    W. 20TH

    ST.

    Opening Fall 2018

    Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF restaurants

    K-9 Angels Rescue

    Hubcap Grill Houston Heights

    Cedar Creek Cafe Bar & Grill Wicklow Heights

    Big Star Bar

    The Boot

    COMING SOONBungalow Heights

    Fortune One FoodsEureka Heights Brew

    GREATER HEIGHTSHome Prices up to $1.7M

    W 19TH ST SHOPPING DISTRICT / DOWNTOWN HEIGHTSShopping

    DiningBoomtown CoffeeShadeTorchy's TacosMaryam's CafeDown House

    WellnessBlissful IndulgenceStudio Fitness

    TheaterHITS TheatreInterActive TheaterUpStage Theatre

    Juice GirlBecks PrimeHarold's Carter & Cooley CoThe Vietnam

    Fly High Little BunnyAlmogabar's New LivingThreadVinal Edge RecordsManready MercantileEclectic Home

    J Harding & Co.Natural PawzPenzeys SpicesJubileeRetropolisVenus HairDramatika

    Zoës KitchenHunky DoryThe Rice BoxSnap Kitchen

    Wright-Bembry Park

    0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)

    0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)

    ±0.95 ACRES±0.95 ACRES±0.95 ACRES

    DRAKE HOMESTownhomes up to $445K

    URBAN LOFTSTownhomes up to $414,900

    ±0.95 Acres at 1231 W. 18th Street in the HeightsHouston, TX 77008

    O F F E R I N G M E M O R A N D U M

  • Tim [email protected] 713-955-3127M 713-459-8123

    David [email protected] 713-955-3126M 713-206-1574

    Tom [email protected] 713-955-3125M 713-557-4455

    Clark DaltonVice [email protected] 713-955-3122M 832-449-2223

    Becky HandSenior [email protected] 713-955-3121M 918-629-5592

    Dillon MillsSenior [email protected] 713-955-3123M 713-254-3824

    Tripp RichTransaction [email protected] 713-955-3124M 936-635-6968

    Kenneth [email protected] 713-955-3120M 713-829-2615

    Contacts

    Dosch Marshall Real Estate713.955.3120

    777 Post Oak Blvd Houston, TX 77056

    www.dmreland.com

    Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclu-sively retained to represent the Seller in the disposition of ±0.95 acres at 1231 W. 18th Street, Houston, TX 77008 (Property). All inquiries about the Property should be directed to DMRE.

    About DMREDosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connect-ing our expansive network, market knowledge, and expertise in land brokerage with innovative processes.

    Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with excellence. In real estate as in other industries experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest transactions in Houston for the year.

    2±0.95 ACRES AT 1231 W. 18TH ST

  • 1231 W. 18th Street in the Houston Heights• Half a mile from the retail center of west

    Heights on W. 20th Street - including HEB, Walgreens, Foodarama, bike shops, fitness centers, and various restaurants and bars

    • Less than 1500 feet from the White Oak Bayou Greenway, which provides over 15 miles of public greenspace and hike-and-bike trails connecting the Heights with Washing-ton Corridor and Downtown Houston

    • Townhomes across W. 19th St from the Prop-erty are priced up to $445,000

    • Excellent highway access: Interstate 610 is just 0.7 mile north of the Property

    Distance to Major Highlights• W. 19th Shopping District: 1.2 miles• Memorial Park: 1.8 miles• Washington Corridor: 2.8 miles• Galleria/Uptown District: 4 miles• Downtown Houston: 4.2 miles• Midtown: 5 miles• Memorial City: 7 miles

    Property Overview

    BEVI

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    BEAL

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    N. D

    URHA

    M D

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    N. S

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    E TC JESTER

    ELLA

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    W 19TH ST

    W 18TH STW18TH ST

    W 17TH ST

    W 16TH ST

    W 15 1/2 ST

    W 20TH ST

    W 21ST ST

    W 22ND ST

    W 23RD ST

    W 24TH ST

    W 25TH ST

    0.25 MI

    0.50 MI

    0.75 MI

    White Oak Bayou Greenway

    Hubcap Grill

    Cedar Creek Cafe Bar & Grill

    Mellow MushroomFat Cat CreameryCane RossoPainting with a Twist

    Slava Boxing Gym & Heights Fitness

    Eureka Heights Brew

    Crisp Wine-Beer-Eatery

    McIntyre’s

    Providence Heights BarSalas Mexican Grill

    Life StorageVictorian’s BarbecueHughie’s Tavern & Grille

    SpotFlyin Dragon

    Wicklow Heights

    Big Star Bar

    The Boot

    Restaurant Depot

    SHADY ACRESUP TO $945K

    LAZYBROOK/TIMBERGROVEUP TO $629K

    Greater HeightsUP TO $1.7M

    ±0.95 Ac10

    ,000 C

    PD

    W. 19TH ST.

    W. 19TH ST.

    W. 19TH ST.W. 1

    8TH

    ST.

    W. 1

    8TH

    ST.

    W. 1

    8TH

    ST.

    BEVIS ST.BEVIS ST.BEVIS ST.

    E TC JESTERE TC JESTERE TC JESTER

    W. 20TH ST.W. 20TH ST.W. 20TH ST.

    LAZYBROOKE/TIMBERGROVEHome Prices up to $629K

    White Oak Bayou Greenway

    Southern Floral

    MAXIT Flower Design

    Orion EMS

    Restaurant Depot

    King’s BierHausI Cycle Bike ShopTea + Victory

    McIntyre’s

    Life Storage

    April’s Nail SalonLX HAIR STUDIOThe Little GymMy House Fitness

    Mundo Used CarsFlying DragonLazy BrookSpotNails LoveHughie’s Taven & Grille

    Cavatore ItalianScales StudioSootersmithTaylor Wolesale FloristTable Jacks USAStarTex Title CompanyAnna’s Cleaners

    Tony’s MexicanAthas FloristReCoop DesignsUrban Movement AcademyImperium CrossfitElla Screw ProductsThe Barking Pig

    Jester Plaza Veterinary ClinicNext Level Acting StudiosPappa Geno’sThe SpaghettiT-Bones Sports PubConnies Kreations

    10,000 CPD

    0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)

    DRAKE HOMESTownhomes up to $445K±0.95 ACRES±0.95 ACRES±0.95 ACRES

    3±0.95 ACRES AT 1231 W. 18TH ST

    PROPERTY

  • W. 18TH ST.W. 18TH ST.W. 18TH ST.

    W. 19TH ST.W. 19TH ST.W. 19TH ST.

    McIntyre’sK-9 Angels Rescue The Boot

    Slava Boxing Gym & Heights Fitness

    Tejas Office Products

    Providence Heights BarHouston Steel EquipmentKSM Materials

    Harding & Carbone Inc.Allied UniversalShipco Transport

    Atec Training & CertificationBrookwoods GroupSmith & HasslerTexas A&M Student CenterIAGC

    U.S. Security AssociatesZim American Integrated ShippingCharles J. Argento & AssociatesCollaborative for ChildrenBenchmark Insurance Group of Texas

    Harris County Democratic PartyNorris FinancialGene by Gene, LTDDNA FindingsZipRealtyGarfield Carjill-AFLAC

    Whelan SecurityFinancial Capital GroupNossa Law OfficeUnion Fidelity Federal Credit Union

    0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)

    0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)

    DRAKE HOMESTownhomes up to $445K

    ±0.95 ACRES±0.95 ACRES±0.95 ACRES

    4±0.95 ACRES AT 1231 W. 18TH ST

  • Property Information

    2017 Tax Rates

    1 HOUSTON ISD 1.206700

    40 HARRIS COUNTY 0.418010

    41 HARRIS CO FLOOD CNTRL 0.028310

    42 PORT OF HOUSTON AUTHY 0.012560

    43 HARRIS CO HOSP DIST 0.171100

    44 HARRIS CO EDUC DEPT 0.005195

    48 HOU COMMUNITY COLLEGE 0.100263

    61 CITY OF HOUSTON 0.584210

    816 TIRZ 5 - MEMORIAL HEIGHTS ANNX 4 (061) -

    TOTAL 2.526348

    Property Details

    LOCATION 1231 W. 18th Street. Houston, TX 77008

    LAT., LONG. 29.802002, -95.421534

    TOTAL SIZE ±0.95 acres

    COUNTY Harris

    SCHOOLS Houston Independent School District

    2017 Demographics

    0-1 mi 0-3 mile 0-5 miles

    EST. POPULATION 2017 17,572 133,699 439,879

    5-YR EST. POPULATION GROWTH 6.04% 7.11% 7.03%

    AVERAGE HOUSEHOLD INCOME $118,224 $126,145 $118,863

    MEDIAN VALUE - OWNER OCCUPIED HOUSING UNITS $291,447 $266,495 $228,202

    Making an OfferOffer InformationOffers should be presented in the form of a non-bind-ing Letter of Intent, and should include:

    • Pricing• Due Diligence and Closing Timeframe• Earnest Money Deposit• Description of Debt/Equity Structure• Qualifications to Close• Development Plans

    Due Diligence InformationTo access the due diligence information please visit the Property website at: dmreland.com/listings/#1299

    Additional Property Details

    Tract consists of 24 parcels - see page 7

    PARCEL ID 1353970010001 - 1353970010024

    OWNER TALIA COURT LLC

    PROPERTY 18TH WEST LN HOUSTON, TX 77019

    LEGAL LT 1 BLK 1 TALIA COURT VILLAGE - LT 24 BLK 1 TALIA COURT VILLAGE

    5±0.95 ACRES AT 1231 W. 18TH ST

    PROPERTY

  • Property Survey

    285.00’

    145.20’

    285.00’

    145.20’

    6±0.95 ACRES AT 1231 W. 18TH ST

    PROPERTY

  • Property Plat

    TALIA COURT VILLAGE

    ” ”” ”

    ” ””

    7±0.95 ACRES AT 1231 W. 18TH ST

    PROPERTY

  • Houston’s favorite historic neighborhoodEstablished in 1891, the Houston Heights is one of Houston’s most distinct historic neighborhoods. Twenty-three feet higher than Hous-ton’s Central Business District located a few miles to the southeast, the area provided relief from flood-prone Buf-falo Bayou at the end of the 1800s.

    The Heights is known for its grand Victorian homes, walkable neighbor-hoods and abundant opportunities for outdoor recreation, such as the 60-foot-wide Heights Boulevard esplanade and the Heights Hike & Bike Trail.

    While Heights retail and entertain-ment has in the past been limited to mom-and-pop shops and funky bars, the neighborhood’s’ popularity with a young and stylish demographic has in recent years encouraged the addition of Houston’s best dining, arts and theater, and mainstream retail.

    New development has been espe-cially concentrated along West 19th Street & West 20th Street between N. Shepherd Drive and Heights Bou-levard - mostly known as the West 19th Shopping District, but proudly considered “the downtown of the Heights” by residents. The District hosts unique Heights community events such as the monthly First Saturday Art Market and the annual White Linen Night.

    W. 19

    TH S

    T.

    W. 19

    TH S

    T.

    W. 19

    TH S

    T.

    N DURHAM DR

    W. 18TH ST.

    W. 18TH ST.

    W. 18TH ST.

    W. 17TH ST.

    W. 17TH ST.

    W. 17TH ST.W. 2

    0TH ST.

    W. 20TH

    ST.

    W. 20TH

    ST.

    Opening Fall 2018

    Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF restaurants

    K-9 Angels Rescue

    Hubcap Grill Houston Heights

    Cedar Creek Cafe Bar & Grill Wicklow Heights

    Big Star Bar

    The Boot

    COMING SOONBungalow Heights

    Fortune One FoodsEureka Heights Brew

    GREATER HEIGHTSHome Prices up to $1.7M

    W 19TH ST SHOPPING DISTRICT / DOWNTOWN HEIGHTSShopping

    DiningBoomtown CoffeeShadeTorchy's TacosMaryam's CafeDown House

    WellnessBlissful IndulgenceStudio Fitness

    TheaterHITS TheatreInterActive TheaterUpStage Theatre

    Juice GirlBecks PrimeHarold's Carter & Cooley CoThe Vietnam

    Fly High Little BunnyAlmogabar's New LivingThreadVinal Edge RecordsManready MercantileEclectic Home

    J Harding & Co.Natural PawzPenzeys SpicesJubileeRetropolisVenus HairDramatika

    Zoës KitchenHunky DoryThe Rice BoxSnap Kitchen

    Wright-Bembry Park

    0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)

    0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)

    ±0.95 ACRES±0.95 ACRES±0.95 ACRES

    DRAKE HOMESTownhomes up to $445K

    URBAN LOFTSTownhomes up to $414,900

    The Houston Heights

    8±0.95 ACRES AT 1231 W. 18TH ST

    AREA HIGHLIGHTS

  • 0.5 MILE

    SHEPHERD DR

    DURHAM DR

    HEIGHTS BLVD

    TC JESTER BLVD

    W 20TH ST W CAVALACADE ST

    E 11TH ST

    WHITE OAK DR

    LAZYBROOK/TIMBERGROVEHome Prices up to $629K

    COTTAGE GROVEHome Prices up to $499K

    WOODLAND HEIGHTSHome Prices up to $1.4M

    SHADY ACRESHome Prices up to $945K

    GREATER HEIGHTSHome Prices up to $1.7M

    Heights Market Trail

    Heights Blvd Trail

    W. 19th Street Shopping District

    Heights Hike & Bike Trail

    White Oak Bayou Trail

    MEMORIAL PARK

    STUDE PARK

    DONOVAN PARK

    LAWRENCEPARK

    LOVEPARK MILROY PARK

    MONTIE BEACH PARK

    MARMION PARK

    HALBERTPARK

    WRIGHT-BEMBREY

    PARK

    WHITE OAK PARK

    WOODLANDPARK

    W 11TH STPARK

    JAYCEE PARK

    LITTLE THICKET

    PARK

    ±0.95 ACRES

    Mellow MushroomFat Cat CreameryCane RossoPainting with a Twist

    Memorial Park Heights Hike & Bike Trail Donovan Park White Oak Bayou Greenway White Oak Bayou Bridge

    Outdoor Recreation

    9±0.95 ACRES AT 1231 W. 18TH ST

    AREA HIGHLIGHTS

  • Toyota Center • Home of the NBA’s Houston Rockets• The Toyota Center has a total of 750,000 square feet,

    with 18,300 seats available for basketball, 17,800 for hockey, and 19,000 for concerts, including 2,900 club seats and 103 luxury, courtside seats

    Minute Maid Park • Home of the Houston Astros and Houston Aeros pro-

    fessional sports teams• Built in the year 2000, Minute Maid Park has a 242-foot

    high retractable roof• Minute Maid Park has a gross square footage of 28.97

    acres, a total square footage of 1,263,240, and a total of 40,963 seats

    GreenStreet• Three-block, 570,000-square-foot mixed-use destina-

    tion with shopping, entertainment and dining• III Forks, McCormick & Schmick’s, House of Blues,

    Lucky Strike • Hosts NRG’s regional headquarters, one of the nation’s

    largest energy providers• 90,000 square feet of collaborative office space with

    easy access to transit and parking• Home of the Hotel Alessandra – a new 223-room luxury

    hotel which opened in 2017

    Discovery Green Park• Two-acre picnic lawn with one-acre lake, jogging trail,

    performance stage, two dog parks, and multiple gar-dens

    • Served as the planned entertainment zone, or “Super Bowl El Centro,” for the 2017 Super Bowl

    George R Brown Convention Center• 1.9 million SF• $253 million economic impact• Fronted by Avenida de las Americas, a boulevard

    running from Minute Maid Park to Hilton Ameri-cas-Houston, which features five restaurants and festival and event space

    Houston Theater District• The Houston Theater District, an impressive 17-block

    cultural and entertainment center, is the second largest performing arts district in the U.S. next to Broadway in New York City

    • Nine performing arts organizations with more than 12,900 seats for live performances

    • Includes 130,000 square foot Bayou Place entertain-ment complex offering popular restaurants, movies, and parks

    • More than two million visitors annually• Venues include: Alley Theater, Wortham Theater Center,

    Hobby Center, Sundance Cinemas, Jones Hall & Jones Plaza, House of Blues, Houston Ballet, Bayou Music Center

    Top Employers

    Employer # Employees

    Chevron 8,600

    Shell Oil Company 7,000

    Chase Bank 4,892

    CenterPoint Energy 3,826

    KBR 2,958

    NRG/Reliant Energy 2,300

    ExxonMobil Corporation 2,200

    Hess 2,000

    Kinder Morgan 1,860

    Deloitte 1,700

    Enterprise Products Partners 1,360

    Ernst & Young 1,300

    Waste Management, Inc. 1,270

    PriceWaterhouseCoopers 1,236

    LyondellBasell Industries 1,200

    MINUTE MAID PARK

    GEORGE R BROWN CONVENTION CENTER

    TOYOTA CENTER

    Employment• Over 150,000 employees• Over 3,000 businesses and 50.4 million SF office

    space • Class A office occupancy at 85.6%• 754,000 SF of office space is under construction• Hosts 20 of Houston’s 26 Fortune 500 companies;

    9 have their headquarters in Downtown Houston

    Entertainment & Attractions• Over ten million people visit Downtown annually• 22 hotels and 7,300 hotel rooms• 9 major performing arts organizations• 2 million SF retail space• Over 300 restaurants, coffee shops, and bars,

    including the renowned Xochi, Potente and Local Foods

    Downtown Houston4.2 miles from the Property

    10±0.95 ACRES AT 1231 W. 18TH ST

    AREA HIGHLIGHTS

  • Office developments• Skanska resumed construction on Capitol Tower, its

    35-story 754,000 SF office tower at 811 Rusk; the lead tenant, Bank of America, preleased 210,000 SF and has acquired the naming rights for the tower

    • Chevron’s 1500 Louisiana is undergoing a $10 million renovation as part of the company’s relocation of around 900 employees from its Bellaire campus

    • Global co-working giant WeWork will open its first Houston location Downtown soon in The Jones at Main at 708 Main; WeWork will occupy 86,000 SF, housing over 1,400 of its members; the facility will accomodate a range of companies (individuals, startup firms and entrepreneurs) and provide private office space for 120+ employees of companies that require a regular presence in Houston

    • Hines unveiled its twenty-first tower in the Houston skyline, 609 Main, at a grand opening on May 17; Hines is the building’s first tenant and moved into their new Southwest regional office on the 44th floor on April 22; the building is 60 percent leased

    New retail & restaurant openings • A new nanobrewery, 160ft Beerworks • Bud’s Pitmaster BBQ opened at 1001 Avenida de Las

    Americas• Cake Life Co., a local bakery that specializes in custom

    cakes• The Conservatory Food Hall and Beer Garden at 1010

    Prairie added new food and beverage vendors this spring—Arte Pizzeria from pastry chef Kelsey Hawkins; Mars Bakery, a doughnut and pastry bar; and Noble Rot Wine Bar, a “boutique wine bar”

    • LAUNCH, a collaborative pop-up shop returned Down-town on April 1, featuring new local designers and artisans

    • Stack Burger, a casual restaurant and burger stand is open at 703 St. Joseph Pkwy

    • The Tipping Point, Downtown’s first and only creative lifestyle destination

    2Q 2017Downtown Houston Market Report 4

    RETAIL HIGHLIGHTS

    9new retailers

    Market Overview

    RETAIL (CONTINUED) The Tipping Point, Downtown’s first and only cre-ative lifestyle destination, is open in the Historic W. L. Foley Building at 214 Travis Street. Locally owned and operated by native Houstonians since 2007, the store curates a select collection of limited-edition footwear, books, art, apparel, music, and accessories that are a reflection of their creative lifestyle. (Website)

    COMING SOON:B&B Butchers owner, Benjamin Berg, will be opening Benjamin’s, a new 16,000 SF world-class restaurant on the ground and mezzanine floors of The Star apartment building at 1111 Rusk. The new restaurant is expected to open towards the end of summer 2018. (Chronicle, HBJ, RNR)

    Café Cosmopolita will be opening on the ground floor of SkyHouse Houston at 1625 Main Street in mid-September. The independent specialty coffee shop with a modern and international theme will serve high quality espresso based drinks, coffee, tea, pastries, breakfast sandwiches and other beverages.

    Finn Hall is set to open in early 2018 at 712 Main in The Jones on Main. The 20,000-SF food hall will feature a dozen chef-driven food outlets, a craft beer and curated wine bar, an art deco cocktail lounge, and private spaces. The food hall will serve breakfast, lunch and dinner. (Chronicle, HBJ)

    High & Dry, a new rum bar set to serve up an “urban oasis” will be opening on the second floor of 306 Main Street. (Houston Eater)

    An upscale white table cloth full-service restaurant, Lucienne, and lobby bar, Bardot, are planned on the second floor of the new Hotel Alessandra. The restau-rant will feature Mediterranean cuisine from countries such as Portugal, Greece, France and Spain and seat about 100. (Chronicle)

    Celebrity Chef Bryan Caswell, the chef-owner of Reef, El Real, and Little Bigs plans to open a new restaurant, Oxbow 7, on the ground floor of the new Le Méridien hotel at 1121 Walker St., and a rooftop bar, Hoggbirds on the 22nd floor. The restaurant and bar are expected to open along with the hotel on August 22. (HBJ, culturemap, Website)

    Owners of Montrose coffee shop Blacksmith, Morning-star and Greenway Coffee & Tea plan to open Prelude Coffee and Tea inside 609 Main's lobby. (HBJ)

    Dallas-based restaurant and bar concept by Pat Green and FreeRange Concepts, The Rustic, will open its first Houston location Downtown at 1836 Polk St., next to the George R. Brown Convention Center. The 25,000-SF restaurant and bar is expected to open in the summer of 2018 and create more than 200 Houston jobs. (HBJ)

    The Tipping Point

    THE TIPPING POINT

    LAUNCH POPUP SHOP 160FT BEERWORKS

    Other developments & updates• The new 21-dock BCycle station, Downtown’s

    fifteenth location, was installed at the Jury Assembly Building located at 1202 Franklin Street in June 2017

    • Uber Technologies Inc. and Cameron Manage-ment have named the Esperson Building as a designated pickup and dropoff building

    • Construction on the new Downtown campus of the High School for the Performing and Visual Arts (HSPVA) has topped out and the new HSPVA campus is on track for completion in the fourth quarter of 2018

    • The Lee and Joe Jamail Skatepark at Buffalo Bayou Park has reopened after a $2 million renovation

    RENDERING: FINAL DESIGN OF HIGH SCHOOL FOR THE PERFORMING AND VISUAL ARTS (HSPVA)

    RENDERING: HOTEL ALESSANDRA AND THE GREENSTREET REDEVELOPMENT

    Downtown Houston4.2 miles from the Property

    11±0.95 ACRES AT 1231 W. 18TH ST

    AREA HIGHLIGHTS

  • FOUR OAKS PLACE - UPTOWN DISTRICT

    THE GALLERIA MALL

    Employment• Occupies 500 acres and is the 15th largest business

    district in the U.S.• 26 million total square feet of commercial office space• Class A occupancy rate remains at a steady 90%

    throughout the year• Over 16 million square feet of Class A office space • 13% of Houston’s total “Class A” office space, second

    only to Downtown Houston)• Hosts over 82,000 employees and 2,000 companies,

    including Fortune 500 companies Apache, Spectra Energy, and Marathon Oil

    Retail & Hospitality• Home to the largest number of couture retailers

    in the city, including Versace, Yves Saint Laurent, Giorgio Armani and Bulgari

    • 55% of residents within a three-mile radius earn over $75,000 annually

    • Six million square feet of retail space and more than 1,000 stores

    The Galleria Mall• Three million-square-foot, mixed-used site on 52

    acres• Fourth largest retail complex in the United States • Hosts more than 30 million visitors annually,

    making it the number one shopping and tourist attraction in Houston

    • Houston’s most prestigious shopping including stores such as Neiman Marcus, Cartier, Hermes of Paris, Saks Fifth Avenue, Louis Vuitton, Ethan Allen, and Houston’s only Nordstrom

    Hospitality• Over 30 million people visit the District every year• 34 hotels with over 7,800 hotel rooms (more full

    service hotels than any other district in Houston) • Highest hotel occupancy rate in Houston• Nearly 10% of Houston’s total hotel rooms

    New Developments

    • In 2016 the Galleria opened a new 198,000-square-foot Saks Fifth Avenue

    • A high-rise 30-story residential tower is also planned, with 225 hotel rooms and 75 to 10 condo-miniums

    • Recently added a 180-foot-long retail corridor for high-end boutiques called “Galleria IV”; most shops opened in the second quarter of 2017

    Top Employers

    Apache Corporation

    BBVA Compass Bank

    Bechtel Corporation

    BHP Billiton

    Cambridge Energy Research Associates, Inc.

    Clear Channel Communications

    Datacert, Inc.

    Goodman Global Group, Inc.

    Hines

    Landry’s

    LiveNation

    Marathon Oil

    S&B Infrastructure, Ltd.

    Schlumberger Limited

    Spectra Energy

    Stewart Information Services Corporation

    Engie (prev. GDF SUEZ)

    TeleCheck International, Inc.

    Williams

    Uptown District/The Galleria4 miles from the Property

    12±0.95 ACRES AT 1231 W. 18TH ST

    AREA HIGHLIGHTS

  • W. 18TH ST.

    W. 18TH ST.

    W. 18TH ST.

    W. 19TH ST.W. 19TH ST.W. 19TH ST.

    BEVIS ST

    .BEVI

    S ST.

    BEVIS ST

    . W. 20TH ST.W. 20TH ST.W. 20TH ST.

    E TC JEST

    ERE TC

    JESTER

    E TC JEST

    ER

    White Oak Bayou Greenway

    Southern Floral

    Orion EMS

    MAXIT Flower Design

    K-9 Angels Rescue

    Garden Expo

    McIntyre’s

    Whelan SecurityFinancial Capital GroupNossa Law OfficeUnion Fidelity Federal Credit Union

    Harris County Democratic PartyNorris FinancialGene by Gene, LTDDNA FindingsZipRealtyGarfield Carjill-AFLAC

    Providence Heights Bar

    Restaurant Depot

    Houston Steel EquipmentKSM Materials

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    W. 19

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    W. 19

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  • 10-1

    0-11

    Bef

    ore

    wor

    king

    with

    a r

    eal e

    stat

    e br

    oker

    , yo

    u sh

    ould

    kn

    ow th

    at th

    e du

    ties

    of a

    brok

    er

    depe

    nd o

    n w

    hom

    the

    bro

    ker

    repr

    esen

    ts.

    If yo

    u ar

    e a

    pros

    pect

    ive

    selle

    r or

    la

    ndlo

    rd

    (ow

    ner)

    or

    a pr

    ospe

    ctiv

    e bu

    yer

    or ten

    ant (b

    uyer

    ), y

    ou

    shou

    ld k

    now

    tha

    t th

    e br

    oker

    who

    list

    s th

    e pr

    oper

    ty fo

    r sa

    le o

    r le

    ase

    is the

    ow

    ner’s

    age

    nt.

    A b

    roke

    r w

    ho a

    cts

    as a

    sub

    agen

    t re

    pres

    ents

    the

    ow

    ner

    in c

    oope

    ratio

    n w

    ith th

    e lis

    ting

    brok

    er.

    A br

    oker

    who

    act

    s as

    a b

    uyer

    ’s

    agen

    t re

    pres

    ents

    the

    buy

    er.

    A b

    roke

    r m

    ay a

    ct a

    s an

    in

    term

    edia

    ry

    betw

    een

    the

    part

    ies

    if th

    e pa

    rtie

    s co

    nsen

    t in

    writ

    ing.

    A b

    roke

    r ca

    n as

    sist

    you

    in lo

    catin

    g a

    prop

    erty

    , pre

    parin

    g a

    cont

    ract

    or

    leas

    e, o

    r ob

    tain

    ing

    finan

    cing

    w

    ithou

    t re

    pres

    entin

    g yo

    u.

    A

    brok

    er

    is

    oblig

    ated

    by

    law

    to tr

    eat y

    ou h

    ones

    tly.

    IF T

    HE

    BR

    OK

    ER R

    EPR

    ESEN

    TS T

    HE

    OW

    NER

    :Th

    e br

    oker

    bec

    omes

    the

    ow

    ner’s

    age

    nt b

    y en

    terin

    g in

    to a

    n ag

    reem

    ent

    with

    the

    ow

    ner, u

    sual

    ly t

    hrou

    gh a

    w

    ritte

    n -

    listin

    g ag

    reem

    ent,

    or b

    y ag

    reei

    ng t

    o ac

    t as

    a

    suba

    gent

    by

    acce

    ptin

    g an

    offe

    r of

    sub

    agen

    cy fr

    om the

    lis

    ting

    brok

    er.

    A su

    bage

    nt m

    ay w

    ork

    in a

    diff

    eren

    t rea

    l es

    tate

    offi

    ce.

    A li

    stin

    g br

    oker

    or

    suba

    gent

    can

    ass

    ist

    the

    buye

    r bu

    t do

    es n

    ot

    rep

    rese

    nt t

    he b

    uyer

    and

    m

    ust pl

    ace

    the

    inte

    rest

    s of

    the

    ow

    ner

    first

    . Th

    e bu

    yer

    shou

    ld n

    ot t

    ell t

    he o

    wne

    r’s a

    gent

    any

    thin

    g th

    e bu

    yer

    wou

    ld

    not

    wan

    t th

    e ow

    ner

    to

    know

    be

    caus

    e an

    ow

    ner’s

    ag

    ent

    mus

    t di

    sclo

    se

    to

    the

    owne

    r an

    y m

    ater

    ial i

    nfor

    mat

    ion

    know

    n to

    the

    agen

    t.

    IF T

    HE

    BR

    OK

    ER R

    EPR

    ESEN

    TS T

    HE

    BU

    YER

    :Th

    e br

    oker

    bec

    omes

    the

    buy

    er’s a

    gent

    by

    ente

    ring

    into

    an

    agre

    emen

    t to

    rep

    rese

    nt t

    he b

    uyer

    , us

    ually

    th

    roug

    h a

    writ

    ten

    buye

    r re

    pres

    enta

    tion

    agre

    emen

    t. A

    buye

    r’s ag

    ent

    can

    assist

    th

    e ow

    ner

    but

    does

    no

    t re

    pres

    ent

    the

    owne

    r an

    d m

    ust

    plac

    e th

    e in

    tere

    sts

    of

    the

    buye

    r fir

    st.

    The

    owne

    r sh

    ould

    not

    tel

    l a

    buye

    r’s

    agen

    t an

    ythi

    ng t

    he o

    wne

    r w

    ould

    not

    wan

    t th

    e bu

    yer

    to k

    now

    bec

    ause

    a b

    uyer

    ’s a

    gent

    mus

    t di

    sclo

    se t

    o th

    e bu

    yer an

    y m

    ater

    ial i

    nfor

    mat

    ion

    know

    n to

    the

    agen

    t.

    IF T

    HE

    BR

    OK

    ER A

    CTS

    AS

    AN

    IN

    TER

    MED

    IAR

    Y:A

    brok

    er m

    ay a

    ct a

    s an

    int

    erm

    edia

    ry b

    etw

    een

    the

    part

    ies

    if th

    e br

    oker

    com

    plie

    s w

    ith T

    he T

    exas

    Rea

    l Es

    tate

    Licen

    se A

    ct. T

    he b

    roke

    r m

    ust o

    btai

    n th

    e w

    ritte

    n co

    nsen

    t of

    eac

    h pa

    rty

    to t

    he t

    rans

    actio

    n to

    act

    as

    an

    Ap

    pro

    ved

    by

    the

    Texa

    s R

    eal E

    stat

    e C

    omm

    issi

    on f

    or V

    olu

    nta

    ry U

    se

    Texa

    s la

    w r

    equi

    res

    all r

    eal e

    stat

    e lic

    ense

    es t

    o gi

    ve t

    he fol

    low

    ing

    info

    rmat

    ion

    abou

    t br

    oker

    age

    serv

    ices

    to

    pros

    pect

    ive

    buye

    rs,

    tena

    nts,

    sel

    lers

    and

    land

    lord

    s.

    Info

    rmat

    ion

    Abo

    ut B

    roke

    rage

    Ser

    vice

    s

    Rea

    l est

    ate

    licen

    see

    asks

    tha

    t yo

    u ac

    know

    ledg

    e re

    ceip

    t of

    thi

    s in

    form

    atio

    n ab

    out

    brok

    erag

    e se

    rvic

    es f

    or t

    he li

    cens

    ee’s

    rec

    ords

    .

    inte

    rmed

    iary

    . The

    writ

    ten

    cons

    ent m

    ust st

    ate

    who

    will

    pay

    the

    brok

    er a

    nd, i

    n co

    nspi

    cuou

    s bo

    ld o

    r un

    derli

    ned

    prin

    t, se

    t fo

    rth

    the

    brok

    er’s

    oblig

    atio

    ns

    as

    an

    inte

    rmed

    iary

    . Th

    e br

    oker

    is

    requ

    ired

    to t

    reat

    eac

    h pa

    rty

    hone

    stly

    and

    fai

    rly a

    nd t

    o co

    mpl

    y w

    ith T

    he

    Texa

    s Re

    al E

    stat

    e Li

    cens

    e Ac

    t.

    A br

    oker

    who

    act

    s as

    an

    inte

    rmed

    iary

    in a

    tran

    sact

    ion:

    (1)

    shal

    l tre

    at a

    ll pa

    rtie

    s ho

    nest

    ly;

    (2)

    may

    not

    disclos

    e th

    at t

    he o

    wne

    r w

    ill a

    ccep

    t a

    price

    less

    tha

    t th

    e as

    king

    pric

    e un

    less

    aut

    horiz

    ed i

    n w

    ritin

    g to

    do

    so b

    y th

    e ow

    ner;

    (3)

    may

    not

    disclos

    e th

    at t

    he b

    uyer

    will p

    ay a

    pr

    ice g

    reat

    er t

    han

    the

    price

    sub

    mitt

    ed in

    a w

    ritte

    n of

    fer

    unle

    ss a

    utho

    rized

    in w

    ritin

    g to

    do

    so b

    y th

    e bu

    yer;

    and

    (4)

    may

    not

    disc

    lose

    any

    con

    fiden

    tial i

    nfor

    mat

    ion

    or

    any

    info

    rmat

    ion

    that

    a p

    arty

    spe

    cifica

    lly i

    nstru

    cts

    the

    brok

    er i

    n w

    ritin

    g no

    t to

    disc

    lose

    unl

    ess

    auth

    orize

    d in

    w

    ritin

    g to

    disc

    lose

    the

    info

    rmat

    ion

    or re

    quire

    d to

    do

    so b

    y

    The

    Texa

    s Re

    al E

    stat

    e Lice

    nse

    Act

    or a

    cou

    rt or

    der

    or if

    th

    e in

    form

    atio

    n m

    ater

    ially

    rel

    ates

    to

    the

    cond

    ition

    of t

    he

    prop

    erty

    .

    With

    th

    e pa

    rtie

    s’

    cons

    ent,

    a br

    oker

    ac

    ting

    as

    an

    inte

    rmed

    iary

    bet

    wee

    n th

    e pa

    rtie

    s m

    ay a

    ppoi

    nt a

    per

    son

    who

    is

    licen

    sed

    unde

    r Th

    e Te

    xas

    Real

    Est

    ate

    Lice

    nse

    Act

    and

    asso

    ciat

    ed w

    ith t

    he b

    roke

    r to

    com

    mun

    icat

    e w

    ith

    and

    carr

    y ou

    t in

    stru

    ctio

    ns

    of

    one

    part

    y an

    d an

    othe

    r pe

    rson

    who

    is

    licen

    sed

    unde

    r th

    at A

    ct a

    nd

    asso

    ciat

    ed w

    ith t

    he b

    roke

    r to

    com

    mun

    icat

    e w

    ith a

    nd

    carr

    y ou

    t ins

    truc

    tions

    of t

    he o

    ther

    par

    ty.

    If y

    ou c

    hoos

    e to

    hav

    e a

    brok

    er r

    epre

    sent

    you

    , yo

    u sh

    ould

    ent

    er i

    nto

    a w

    ritte

    n ag

    reem

    ent

    with

    the

    br

    oker

    tha

    t clea

    rly e

    stab

    lishe

    s th

    e br

    oker

    ’s o

    blig

    atio

    ns

    and

    your

    obl

    igat

    ions

    . T

    he

    agre

    emen

    t sh

    ould

    sta

    te

    how

    and

    by

    who

    m t

    he b

    roke

    r w

    ill b

    e p

    aid.

    You

    hav

    e th

    e rig

    ht t

    o ch

    oose

    the

    typ

    e of

    rep

    rese

    ntat

    ion,

    if a

    ny,

    you

    wish

    to rec

    eive

    . You

    r pa

    ymen

    t of a

    fee

    to a

    bro

    ker

    does

    no

    t ne

    cess

    arily

    es

    tabl

    ish

    that

    th

    e br

    oker

    re

    pres

    ents

    you

    . If y

    ou h

    ave

    any

    ques

    tions

    reg

    ardi

    ng

    the

    dutie

    s an

    d re

    spon

    sibi

    litie

    s of

    th

    e br

    oker

    , yo

    u sh

    ould

    res

    olve

    thos

    e qu

    estio

    ns b

    efor

    e pr

    ocee

    ding

    .

    Buy

    er,

    Sel

    ler,

    Lan

    dlor

    d or

    Ten

    ant

    D

    ate

    Texa

    s Re

    al E

    stat

    e Br

    oker

    s an

    d Sa

    lesp

    erso

    ns a

    re li

    cens

    ed a

    nd r

    egul

    ated

    by

    the

    Texa

    s Re

    al E

    stat

    e Co

    mm

    issi

    on (

    TREC

    ). I

    f you

    hav

    e a

    ques

    tion

    or c

    ompl

    aint

    re

    gard

    ing

    a re

    al e

    stat

    e lic

    ense

    e, y

    ou s

    houl

    d co

    ntac

    t TRE

    C at

    P.O

    . Box

    121

    88, A

    ustin

    , Tex

    as 7

    8711

    -218

    8 ,

    512-

    936-

    3000

    (ht

    tp:/

    /ww

    w.t

    rec.

    texa

    s.go

    v)

    T

    REC

    No.

    OP-

    K

    15

  • 777 POST OAK BLVDHOUSTON, TEXAS 77056

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