OUTLE TS AT CONROETHE HOUSTON AREA’S NEWEST DESTINATION OUTLET

Location: Conroe, TexasI-45, at exit 90, approximately 50 miles north of downtown Houston and 14 miles north of The Woodlands.

Major Cities: Houston and North Houston

Gross Leasable Area: 358,225 SF

CENTER LOCATION

Outlets at Conroe is undergoing a complete redevelopment amidst the enormous growth occurring in and around the City of Conroe. With the influx of corporate offices and master-planned communities, the North Houston area will become the workplace and home to tens of thousands of people in the next few years. The new Outlets at Conroe will be poised to deliver top outlet brands and a wide variety of dining options in a family-friendly environment for this growing constituency. Outlets at Conroe will ultimately be comprised of more than 340,000 square feet of retail and restaurants. The immediate area already boasts nearly 185,000 cars per day, and is just 30 minutes from George W. Bush International Airport and 50 miles from downtown Houston.

BUSINESS COMING

Big Business Moves to North Houston

ExxonMobil has completed construction of a state-of-the-art campus project in Houston, one of the largest construction projectsin North America. The new corporate campus is home to its Upstream and Downstream operations as well as their Chemical companies and related service groups. The campus is located on 385 wooded acres immediately west of I-45 at Hardy Toll Road, approximately 25 miles from downtown Houston. This 20 building, 13 million square foot campus with 3 parking garages, to accommodate more than 10,000 employees was constructed to the highest standards of energy efficiency and environmental stewardship. Designed to foster improved collaboration, creativity and innovation, the campus includes a laboratory town hall and auditorium, conference facilities, 27,000 square foot child development center with on-site day care for employee’s children ranging in age from infants to preschool, an outdoor plaza to host up to 3,500 attendees, and a 100,000 square foot wellness center.

Construction of the new campus began in 2011 and completed in 2016, has created an estimated 36,000 person years of employment with 44,000 permanent jobs for ongoing operations. Energy companies and supporting businesses are moving north of Houston to support the Energy Corridor developing around the ExxonMobil campus.

BIG CHANGES IN NORTH HOUSTON

■ Grand Central Park is a new master-planned community being developed on the 2,046 acre site formerly occupied by Camp Strake. The master plan calls for an array of residential options for buyers, ranging from single-family homes to urban-style designs. Montgomery County’s newest community of homes grand opened May 2017 with 550 move-in luxury homesites sold while under construction! The community plans also include conference centers, hotels, offices and retail. ■ 336 Marketplace, a 700,000 square-foot regional shopping, dining and entertainment destination opening in early 2018, located at the southwest corner of Loop 336 and I-45. ■ Town Center, a mixed-use development with bars, retail, and restaurants, surrounded by townhomes overlooking Grand Lake.

■ Springwoods Village, home of the new ExxonMobil Campus, is a 2,000 acre master-planned community at the hub of I-45, the Grand Parkway and Hardy Toll Road. The master plan includes dynamic commercial office complexes, a healthcare complex, unique residential neighborhoods and a town center at the heart of the community. Springwoods Village will continue to develop its master plan over the next 10 years. ■ CHI St. Luke’s Health - Springwoods Village Hospital, a $120M Medical Campus located on 23 acres in Springwoods Village, opened for patient care January 2016. The hospital will ultimately include a 55,000 square foot ambulatory center, as well as an additional 100,000 square feet of medical office space. ■ CityPlace, a 60-acre mixed-use project being developed within Springwoods Village will include: 4 million square feet of office space, 400,000 square feet of retail space, a full-service hotel and a luxury multifamily complex. The Belvedere Apartments, a 342-unit premier multi-family development and the first community to open at CityPlace. The Mark, a 268-unit luxury rental apartment building and second community to open at CityPlace, began leasing April 2017. Plans for 2 premier Class A office buildings with a total of 440,000 square feet of office space have been announced.

■ The Woodlands, Houston’s largest master-planned community, developed and owned by Howard Hughes Corporation, will be adding more than 2.4 million square feet of new office development, in addition to the 385-acre ExxonMobil Campus currently being constructed to the south. ■ “The Woodlands Part II”, the next master-planned community to be developed by Howard Hughes Corporation and The Woodlands Development Company, just two miles north of the Outlets at Conroe, is anticipated to be the sequel to Texas’ most celebrated master-planned community, The Woodlands. The site consists of nearly 2,000 acres with preliminary plans for over 4,600 residential lots and commercial properties.

Attractions in the Metropolitan Houston Area

■ Minute Maid Park ■ Houston Zoo■ Toyota Center■ BBVA Compass Stadium ■ NRG Park and Stadium■ Grand Texas Theme and Entertainment District (Opening Mid 2019)■ Downtown Aquarium■ Shell Houston Open (PGA Tour)■ Houston Symphony■ Houston Museum of Natural Science■ Museum of Fine Arts, Houston (MFAH)■ Holocaust Museum Houston■ Bayou Bend Collection & Gardens■ Children’s Museum of Houston■ Houston Grand Opera■ Hobby Center of the Performing Arts■ Miller Outdoor Theatre■ The Menil Collection■ Alley Theatre■ Hermann Park■ Wortham Theater Center■ Waterwall Park ■ Memorial Park■ Space Center Houston

■ George R. Brown Convention Center

Professional Sports Teams

■ Houston Astros■ Houston Texans■ Houston Rockets■ Houston Dynamo■ Houston Dash

AREA ATTRACTIONS

LARGEST EMPLOYERSLARGEST EMPLOYERSLARGEST EMPLOYERS

Memorial Hermann Health System

Employers

The University of Texas MD Anderson

United Airlines

Exxon Mobil Corporation

Shell Oil Company

Houston Methodist

Kroger Company

National Oilwell Varco

Schlumberger Limited

BP America, Inc

UTMB Health

Baylor College of Medicine

Chevron

ARAMARK Corp.

Wood Group

Pappas Restaurants, Inc.

HCA

Hewlett-Packard

Macy’s

AT&T

CHI St. Luke’s Heath

The Dow Chemical Company - Houston Dow Center

Jacobs

Halliburton

19,500

Employees

19,290

17,000

13,191

13,000

13,000

12,000

10,000

10,000

9,537

9,318

9,232

9,000

8,500

8,500

8,000

7,855

7,000

7,000

6,900

6,800

6,600

6,220

6,200

AREA COLLEGES & UNIVERSITIES

■ University of Houston 40,747

■ University of Houston – Clear Lake 8,331

■ University of Houston – Downtown 14,439

■ Rice University 6,621

■ Texas Southern University 9,700

■ Texas A&M 62,185

■ Prairie View A&M University 8,343

■ Houston Baptist University 3,128

■ Houston Community College 75,000

■ Sam Houston State University 19,577

Colleges & Universities Enrollmentwithin a 60 mile drive from Conroe

RETAIL AND TRAFFIC

Traffic Count: 184,256 Vehicles/Day45

4. Tanger Outlets-San Marcos, San Marcos 154 Miles 208 Miles 3 Hrs., 45 Mins.

5. San Marcos Premium Outlets, San Marcos 154 Miles 208 Miles 3 Hrs., 45 Mins.

1. Houston Premium Outlets, Cypress 30.2 Miles 56 Miles 57 Minutes 2. Katy Mills, Katy 45 Miles 67 Miles 1 Hr., 10 Mins.

3. Tanger Outlets-Texas City, Texas City 70 Miles 79 Miles 1 Hr., 23 Mins.

■ SHOPPING CENTERS AERIAL DRIVING DISTANCE DISTANCE APPROX. DRIVE TIME

AERIAL DRIVING DISTANCE DISTANCE APPROX. DRIVE TIME

■ OUTLETS CENTERS AERIAL DRIVING DISTANCE DISTANCE APPROX. DRIVE TIME

AERIAL DRIVING DISTANCE DISTANCE APPROX. DRIVE TIME

A. Teas Crossing, Conroe .79 Mile 2 Miles JCPenney Jos. A. Bank 2 Minutes

B. Conroe Marketplace, Conroe 1 Mile 2 Miles Kohl’s Ross Dress for Less 2 Minutes Shoe Carnival T.J. Maxx

C. Market Street, The Woodlands 14 Miles 14 Miles Brooks Brothers The Cinemark at Market Street Theatre 18 Minutes J. Crew kate spade new york Tiffany & Co. Tommy Bahama

D. The Woodlands Mall, The Woodlands 14 Miles 14 Miles Dillard’s JCPenney 18 Minutes Macy’s Nordstrom

E. Deerbrook Mall, Humble 27 Miles 42 Miles Dillard’s JCPenney 48 Minutes Macy’s Palais Royal

F. Willowbrook Mall, Houston 28 Miles 40 Miles Dillard’s JCPenney 48 Minutes Macy’s Nordstrom Rack

G. Greenspoint Mall, Houston 29 Miles 30 Miles Dillard’s Clearance Ctr. Finish Line 34 Minutes Palais Royal Premiere Cinema

H. The Galleria, Houston 43 Miles 48 Miles Macy’s Neiman Marcus 51 Minutes Nordstrom Saks Fifth Avenue

I. Highland Village, Houston 43 Miles 49 Miles Apple Store Crate & Barrel 53 Minutes Francesca’s Williams-Sonoma

■ Houston is the 4th largest city in the US, behind New York, Los Angeles and Chicago

■ Houston is the fastest growing city in the US with a 1.81% annual population growth rate.

■ Houston MSA consists of 9 counties – if they were a state, it would rank 15th in population with 6.6 million residents

■ In April of 2015, Houston MSA had more jobs than 36 states

■ Houston’s job growth has been steadily increasing each month since July 2010: from January 2015 to January 2016, Houston added 16,400 jobs.

■ With the help of a three year boom in the energy industry and a major population increase, Houston MSA regained its pre-recession job level by November 2011, just twenty two months after the low point of the recession.

■ Houston is second only to Silicon Valley in US Engineering Centers

■ Current employment of 2.97 million is the highest ever in Houston’s history

POPULATION

15 MILES 30 MILES 50 MILES

MEDIAN AGE

POPULATION GROWTH 2005-2010

AVERAGE HOUSEHOLD INCOME

NUMBER OF HOUSEHOLDS

MEDIAN HOME VALUE

DEMOGRAPHICS 2005

243,839

36.3

25.5%

$94,305

81,522

$141,762

1,028,592

34.2

17.65%

$85,671

351,619

$125,021

4,001,161

32.5

13.55%

$74,585

1,384,206

$107,961

Source: ESRI 2005 Estimate/Projections

POPULATION

15 MILES 30 MILES 50 MILES

MEDIAN AGE

POPULATION GROWTH 2017-2022

AVERAGE HOUSEHOLD INCOME

NUMBER OF HOUSEHOLDS

MEDIAN HOME VALUE

DEMOGRAPHICS 2022

406,585

39.4

15.25%

$123,159

145,594

$292,435

1,727,139

35.7

12.50%

$112,036

593,894

$238,311

5,698,979

34.4

10.10%

$103,679

1,965,161

$215,986

Source: ESRI 2022 Estimate/Projections

DEMOGRAPHICS

MAPS

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Sam Houston National Forest

W.G. Jones State Forest

Cut N Shoot

Willis

The Woodlands

Panorama Village

Woodloch

CEDAR WOODS235+ lots

HIDDEN CREEK700+ lots

BARTON CREEK250+ lots

BARTON WOODS190+ lots

STEWARTS FOREST645+ lots

JACOBS RESERVE1,000+ lots

FOSTERS RIDGE1,600+ lots

WOODFOREST5,500+ lots

WESTFORK285+ lots

GRAYSTONE HILLS780+ lots

TEASWOOD326+ lots

WATERCREST800+ lots

APRIL SOUND2,463+ lots

LAKECONROE

Legend

Residential Development

Mixed Use Development

Retail Development

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THE FOREST350+ lots

DOWNTOWNDISTRICT

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75FM830

FM2854

3088

3083

336

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1488

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105

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336

75

FUTURE DEVELOPMENT

Source: as of 04/2015

SITE PLAN

TO HOUSTON

TO DALLAS

SUMMARY as of 05/01/2018 OUTLETS AT CONROE CONROE, TX

AERIAL

League Line Rd.

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Leasing Contact:Kim Shelford ■ kshelford@craigrealtygroup.com

4100 MacArthur Blvd, Suite 100, Newport Beach, CA 92660949/224-4100 ■ craigrealtygroup.com

5/20

18

WHO. WE. ARE.

At CRG, we pride ourselves in the attention to detail, the quality of construction and the top retail brands we bring to our centers. It matters to us that each customer has a positive experience. And we strive to ensure that their experience brings

them back to our centers for their shopping needs.

Our customer-oriented and tenant-focused principles are the direct result of the steadfast commitment of our President/CEO, Steven L. Craig. A pioneer in the upscale

outlet center industry, Mr. Craig’s unrivaled passion for the industry, unending dedication to creating retail excellence and thoughtful execution of giving the customer what they want

can be seen in the attention to detail at every turn.

Craig Realty Group owns, operates and manages nearly 5 million square feet of existing retail development – that includes15 centers in 9 states across the U.S.

We welcome you to Craig Realty Group outlet centers and hope that your visit is filled with great finds, big discounts and, most importantly, a memorable experience!

The Largest Independent

Outlet Developer in the

United States