Undergoing a complete

redevelopment: 340,000 SF retail and

restaurants

3083

75

2016 Traffic Counts (TXDOT)

79,000 CPD

109,300 CPD

16,300 CPD

22,900 CPD

331 acre master planned community - 780 Lots

2016: Future ±115 acre mixed use development

TeasCrossing

TeasPlaza

Outlets AtConroe

mixed use developmentmixed use development

ConroeMarketplace

The VillageGolf Club

Opened in 1964 & features three separate

nine hole layouts

NEC I-45 & FM 3083

T E A S P L A Z ANEC I -45 & FM 3083 | CONROE, TX

T 713 . 7 8 2 . 9 0 0 0 www.read-king.com

5 8 5 0 S A N F E L I P E , S U I T E 4 9 0 , H O U S T O N , T X 7 7 0 5 7

LOGAN HAVEL

T 7832.444.8187

logan@read-king.com

TONY PATRONELLA

T 713.828.4883

tony@read-king.com

PADS AVAILABLE

ProposedMaster Planned Development

±700 AcresPlanned

4,600residential

lots

Planned4,600

residentiallots

780 HOMES

NOW WITH

Undergoing a complete redevelopment & will have more than 340,000 SF

of retail & restaurants

NEC I-45 & FM 3083

Pads available on the NEC of I-45 and Teas Rd (FM 3083) in Conroe, TX

across from a proposed ±500,000 JC Penney anchored retail shopping

center. Strategically positioned at the regional retail hub of a trade area

that boasts more than an estimated 227,126 people. Conroe Marketplace,

located on the southwest corner of I-45 and Teas, is 100% occupied with

over 450,000 SF of retail and restaurants. Anchors include Kohl’s, Ross,

Old Navy, TJ Maxx, and Bed Bath and Beyond.

Demographics1 mile 3 miles 5 miles

Active Population (06-2017) 4,531 38,778 80,147

Estimated Households 1,268 13,624 26,540

Estimated Avg HH Income $61,223 $66,538 $64,036

Daytime: Total Employees 2,431 26,913 45,331

“Conroe, Texas,

a Houston suburb, was the

fastest-growing city

in the nation last year with a

population increased of 7.8%.

That's a growth rate

11 times higher than the

national average.”www.money.cnn.com

NEC I-45 & FM 3083

Housing Boom

Conroe has become a hotbed for new home

construction within the Greater Houston Market over

the last several years. Between 2003 and 2006 Conroe

has seen a 96.5% increase in residential permits.

During the fi rst quarter of 2007, 229 new permits

were issued. Over the same period, home starts have

soared 220%. Additionally, Montgomery County has

seen its population surge from 182,201 in 1990 to

380,000+ in 2005. Within that, Conroe has seen a

population uptick of 33% between 1990 and 2000, with

a 28% increase within the past 5 years.

Residential growth has attracted major business to the

area. McKesson Corp., a Fortune 500 pharmaceutical

company has moved to Conroe. Reed Hycalog, an oil-

and-gas drill bits manufacturer is building a facility to

move its world HQ to Conroe. Retail space has been

added, as well, with over 100,000 SF of new retail

opening within the last year

The Woodlands, Part 2: Woodlands De-

veloper Buying 2,000 Acres for Commu-

nity 13 Miles North of The Woodlands

“THE WOODLANDS, Texas – The developer of The

Woodlands is buying 2,000 acres for a sequel to

Houston’s largest master planned community.

The site, where home sales will begin in 2016, is 13

miles north of The Woodlands on the west side of

Interstate 45 near League Line Road and the Conroe

community.

The owner of The Woodlands, Dallas-based Howard

Hughes Corp. has already plunked down $67.3

million to buy 1,343 acres in a deal with the Hendricks

brothers that closed in May.

The developer says it is under contract to buy an

additional 652 acres next to it, in a transaction

expected to close next month, giving Howard Hughes

Corp. a 2,000-acre canvas for their next creation.

Howard Hughes Corp. is planning the acreage to be

carved up thusly: 1,834 acres of residential and 161

acres for commercial.

The company said the land will yield more than 4,600

home sites and the fi rst lots will be fi nished and sold in

2016.

After 40 years of home sales at The Woodlands, the

question loomed about the eventual sell-out of the

28,000-acre community where more than 100,000

people now reside. The Woodlands has matured to the

point where it has become a major commercial center

with signifi cant offi ce components, including Hughes

Landing where Exxon Mobil will occupy 500,000

square feet. For years, The Woodlands had been one

of the top selling new-home communities in the nation.

Although residential lot sales in The Woodlands are on

the home stretch, home sales continue to be strong in

2014, the company says.

The average price per detached single family acre at

The Woodlands increased 10 percent, or $62,000 to

$683,000 for the three months ended June 30, 2014

compared to $621,000 for the same period in 2013.

Average price per detached single family fi nished lot

decreased slightly from $168,000 to $163,000 due to

smaller average lot sizes sold in the second quarter

2014 compared to second quarter 2013.

“Land prices in Houston...continue to increase, driven

primarily by a scarcity of supply and also...very strong

population and economic growth,” said David Weinreb,

CEO of Howard Hughes Corp.

Created by the visionary oilman George Mitchell,

The Woodlands is a 28,000-acre master-planned

community located 27 miles north of downtown

Houston. It is home to more than 107,000 people, and

more than 50,000 people work in the community.” By

Ralph Bivins, Editor, RealtyNewsReport

http://realtynewsreport.com/2014/08/08/the-woodlands-part-2-woodlands-developer-buying-2000-acres-for-community-13-miles-north-of-the-woodlands/ 99

Conroe

1488242

HardyTollway

No. 11 top-selling U.S. master planned communities (2014)

2014 Sales: 468

Grand Parkway: Now Open

331 acre master planned

community780 Lots

105

No. 18 top-selling U.S. master planned communities (2014)

2014 Sales: 4175,500 Lots

55 & upresidential community

2016: Future ±115 acre mixed use development

2015: Future ±2,046 acre mixed use development

28,400 ACRESMORE THAN 100,000 RESIDENTS

359,000 SQ FT Retail

LakeConroe

4,600 home sites

NEC I-45 & FM 3083

Water Crest

Teas Lakes1,175 Homes

The Landing at Seven Coves1,500 Homes

April Sound2,200 Homes

Panorama Village & CC929 Homes

McDade Estates150 Homes

Crown Ranch 2,200 acres

Silver Stone200 Homes

Westlake500 Homes

Chasewood600 Homes

Stewart’s Forest2,400 Homes

Wedgewood86 Homes

Ridge Lake Shores150 Homes

Teas Wood314 HomesWalden

5,200 Homes

Fosters Ridge

Jacobs Reserve

Stewarts Forest

The Forest

Residential Aerial

ACTIVE PLANNED COMMUNITIES

1 The Woodlands Part II 4,600 Lots

2 Water Crest 800 Lots

3 Graystone Hills 780 Lots

4 Conroe Waterfront Center 350 Multifamily

5 Woodforest 5,500 Lots

6 Fosters Ridge 1,600 Lots

7 Grand Central Park 2,600 Lots

8 Stewarts Forest 646+ Lots

9 Jacobs Reserve 1,000+ Lots

10 The Forest TBD

TOTAL: 17,876

Conroe City Limits

The Woodlands

Conroe Planning Area

Active Planned Communities

Lone Star Executive Airport

LONE STAREXECUTIVE AIRPORTMONTGOMERY COUNTY, TEXAS

Recently underwent $17 million expansion

1,045-acre industrial parkConroe Park North

LOTS AVAILABLESOLD LOTSLOTS UNDER CONTRACT

Lone Star Executive Airport

LONE STATAT REXECUTIVE AIRPORTMONTGOMERY COUNTY,Y,Y TEXAS

Recently underwent $17 million expansion

Lone Star Executive Airport

LONE STAREXECUTIVE AIRPORTMONTGOMERY COUNTY, TEXAS

Recently underwent $17 million expansion

336

Conroe

BEAUTIFICATION CORRIDOR

1484

Gene CampbellSports Park

60-acre facilitysix lighted baseball fields six lighted softball fields

105

Undergoing a complete redevelopment: 340,000 SF

retail & restaurants

331 acre master planned community - 780 Lots

2016: Future ±115 acre mixed use development

Teas PlazaTeas Crossing

Conroe Marketplace

Conroe Beautifi cation Corridor andPublic Private Partnership Initiatives

The intersection of I-45 and FM 3083

(also known as Carter Moore Drive)

is positioning itself to become the

epicenter of not only the City of Conroe

but also of Montgomery County and

become the chief destination intersection

between the Woodlands and Dallas.

Currently the intersection includes the

newly constructed Conroe Marketplace,

a 500,000 square foot power center, Teas

Crossing - a JC Penny anchored 50-

acre mixed use development, a 147 acre

planned “Urban Village” and Teas Plaza,

home to Amegy Bank, Fairfi eld Inn by

Mariott, and Homewood Suites by Hilton.

Beautifi cation Corridor

Site Plan

SUMMARY PROFILE 2000-2010 Census, 2014 Estimates with 2019 ProjectionsCalculated using Proportional Block Groups

POPU

LATI

ON

2014 Estimated Population 242,6372019 Projected Population 269,3802010 Census Population 226,3912000 Census Population 169,995

Projected Annual Growth 2014 to 2019 2.2%Historical Annual Growth 2000 to 2014 3.1%

2014 Median Age 36.6

HO

USE

HO

LDS

2014 Estimated Households 84,8902019 Projected Households 95,1822010 Census Households 77,8172000 Census Households 57,797

Projected Annual Growth 2014 to 2019 2.4%Historical Annual Growth 2000 to 2014 3.3%

RA

CE

AN

D E

THN

ICIT

Y 2014 Estimated White 76.9%2014 Estimated Black or African American 10.6%2014 Estimated Asian or Pacifi c Islander 1.1%2014 Estimated American Indian or Native Alaskan 0.8%2014 Estimated Other Races 10.7%

2014 Estimated Hispanic 23.4%

INC

OM

E 2014 Estimated Average Household Income $71,6092014 Estimated Median Household Income $58,8802014 Estimated Per Capita Income $25,975

EDU

CAT

ION

(A

GE

25+)

2014 Estimated Elementary (Grade Level 0 to 8) 7.2%2014 Estimated Some High School (Grade Level 9 to 11) 10.8%2014 Estimated High School Graduate 29.5%2014 Estimated Some College 24.4%2014 Estimated Associates Degree Only 6.4%2014 Estimated Bachelors Degree Only 14.9%2014 Estimated Graduate Degree 6.7%

BU

SIN

ESS 2014 Estimated Total Businesses 8,602

2014 Estimated Total Employees 89,0262014 Estimated Employee Population per Business 10.32014 Estimated Residential Population per Business 28.2

75

WILLIS

HUNTSVILLE

NEW WAVERLY

CONROE

WILLIS

1488 242

336

105NEC I-45 & FM 3083

Conroe Area Demographic Snapshot

Conroe Population: 71,592

Square Miles: 69.4

Number of Households: 29,736

Median Household Income: $48,786

Median Age: 34

2014 New Home Starts: 9002014 Estimates with 2019 Projections Calculated using Proportional Block Groups ©2015, Sites USA, Chan-dler, Arizona, 480-491-1112. Demographic Source: Applied Geographic Solutions 08/2014, TIGER Geography.

Pads available for purchase

at the NEC of I-45 and Teas

Rd. (FM 3083) in Conroe,

Texas. Strategically

positioned at the regional

retail hub of a trade area

that boasts more than

approximately 242,637

people. Within the trade

area, an estimated 160,000

people reside north of the

proposed site.

Conroe Trade Area Demographics Average HH IncomeBy Blockgroups

$75,000 or more

$60,000 to $75,000

$45,000 to $60,000

$30,000 to $45,000

Less than $30,000

75

WILLIS

HUNTSVILLE

NEW WAVERLY

CONROE

WILLIS

1488 242

336

105NEC I-45 & FM 3083

Although Read King Commercial has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to square footage or age are approximate only. The recipient bears sole responsibility for verifi cation of the accuracy of the information contained herein and bears all risk for any inaccuracies. Read King Commercial shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein. Site plans subject to change.

11-2-2015

TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, 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 information about the property or transaction received by the broker; Answer the client’s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction 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 written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information 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 written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: Must treat all parties to the transaction impartially and fairly; May, with the parties' written 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 instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose:

ᴑ that the owner will accept a price less than the written asking price;ᴑ that the buyer/tenant will pay a price greater than the price submitted in a written offer; andᴑ any confidential information or any other information that a party specifically instructs the broker in writing 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 transaction 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 duties and responsibilities to you, and your obligations under the representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

.

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1-0

Date Buyer/Tenant/Seller/Landlord Initials

Sales Agent/Associate’s Name License No. Email Phone

Read King Inc. 504639 713.782.9000

Charles Scoville 303620 cscoville@read-king.com 713.782.9000

Charles Scoville 303620 cscoville@read-king.com 713.782.9000