westgate crossing
TRANSCRIPT
Title
Proposal
Date
WESTGATE
CROSSING+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
►Property Highlights
► 60,000 SF +/- Mixed-Use Development at the NEC of Research Forest Dr. & Egypt Ln. with retail, restaurant,professional office and other commercial space available.
► Direct access to The Woodlands via Research Forest Drive and Egypt Lane. Situated at a main ingress/egresspoint for The Woodlands.
► Adjacent to Target anchored power center with national retailers including: Ross Dress for Less, OfficeMax,PetSmart, Famous Footwear and Gold's Gym, Walgreen’s, T.J. Maxx. Also, nearby are Kroger, Home Depot,Wells Fargo and Bank of America.
► Positioned just east of the heavily trafficked intersection of FM 2978 and FM 1488 with over 60,000 vehiclesper day.
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
►Building Rendering
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
►Westgate Crossing Site Plan
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
1 MILE 3 MILES 5 MILES
► POPULATION/MEDIAN AGE
► AVG HH SIZE/INCOME
► MEDIAN HH INCOME/PER CAPITA/NET WORTH
► TOTAL BUSINESSES/EMPLOYEES
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
►The Woodlands Area Major Employers by Sector
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
►The Woodlands Area Overview
► The Woodlands is a 28,000-acre master-planned community, with a population of more than 106,670. It islocated approximately 30 miles north of downtown Houston and consistently ranks among the top bestselling , master planned communities in the nation.
► Currently 49,000 employees work in the area with such major employers as Anadarko, Cb&I, TalismanEnergy, AonHewitt, Nexeo Solutions , Chevron, McKesson and Repsol USA.
► There are 9 distinct villages that make up The Woodlands: Alden Bridge, Cochran's Crossing, College Park,Creekside Park, Grogan's Mill, Indian Springs, Panther Creek, Sterling Ridge & Town Center.
► The Woodlands has seen tremendous growth over the past two decades, growing 135% since 1990, andbenefits from its outstanding amenities including retail, hotel, entertainment, recreation and conferencecenter facilities, It is home to some of the best retail shopping in Houston, including Market Street, TheWoodlands Waterway and The Woodlands Mall.
► Future growth will be driven in part by the new 385-acre ExxonMobil corporate campus located to the southof The Woodlands that is expected to create an estimated 10,000-12,000 jobs and will be 3-4 million squarefeet upon completion.
+60,000 SF MIXED-USE
DEVELOPMENT
Research Forest Dr. & Egypt Ln.The Woodlands, TX
LINDSEY MCKEAN
281.367.2220 x 117
JEFF BEARD
281.367.2220 x 102
THIS IS AN OPINION OF VALUE OR ACOMPARATIVE MARKET ANALYSIS ANDSHOULD NOT BE CONSIDERED ANAPPRAISAL. In making any decision thatrelies upon The J. Beard Real EstateCompany’s work, you should know thatThe J. Beard Real Estate Company has notfollowed the guidelines for developmentof an appraisal or analysis contained inthe Uni-form Standards of ProfessionalAppraisal Practice of the AppraisalFoundation.
This opinion is based upon The J. BeardReal Estate Company’s generalknowledge of the marketplace as realestate brokers and should not be reliedupon as a real estate appraisal preparedby professional appraisers. It is understoodthat you will not disclose the source of thisopinion to any other party without our priorwritten consent.
Please note for the estimated BrokerOpinion of Value:
-The Broker assumes no responsibility of theeconomic or physical factors occurring atsome later date which may affect theopinions herein stated.-That no opinions are intended to beexpressed for legal matters or that wouldrequire specialized investigation or
knowledge.-No opinion as to title is rendered. Name ofownership and the legal description wereobtained from sources generallyconsidered reliable. Title is assumed to bemarket able and free and clear of all lines,encumbrances, easements, andrestrictions. The property value is beingassigned assuming it to be at its highestand best use.
THIS INFORMATION CONTAINED HEREIN HASBEEN OBTAINED FROM RELIABLE SOURCES:HOWEVER, THE J. BEARD COMPANY, LLC,AND THE J. BEARD REAL ESTATE COMPANY,MAKES NO GUARANTEES, WARRANTIES, ORREPRESENTATIONS TO THE COMPLETENESSOR ACCURACY OF THE DATA.
