FM 529
LONGENBAUGH RDFM
285
5
10
MORTON RD
GRA
ND
PKW
Y
CLAY RD
KINGSLAND BLVD
PIN OAK RDFM
146
3PI
TTS
RD
KATY
HO
CKLE
Y RD
FRY
RD
BARK
ER C
YPRE
SS R
D
KATY
COPPERFIELDPLACE
Katy Mills Mall3,000 Employees1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theater
1,000 Employees • 208 beds
Technology Center350+ Employees
Testing Laboratories565 Employees
$220-million, 350,000-square-foot, 48-bed pediatric hospital1,000 employeesWill soon be expanded to 96 beds
$300 million, 192- bed hospital 2,100 employees
94,000+ employeesSecond largest employment center in the region Over 25 million square feet of office space Over 2.9 million square feet of retail
135,000 SF Claims Processing Center 610 Employees
Corporate Headquarters1,000+ Employees
Houston ExecutiveAirport
2,900 EmployeesCorporate Headquarters & Distribution Center
Grand Morton Town Center85-Acre Development
Future56-acre, 400,000-SF commercial business park70-acre industrial park
GEORGE BUSH PARK/ELDRIDGE
ADDICKS RESERVOIR
University Center125-acre master-planned mixed-use developmentUH Katy Campus opening fall 2019
±320 AC
±320 ACRES NORTHWEST OF KATY FM529 & Longenbaugh Rd, West Houston, Texas
O F F E R I N G M E M O R A N D U M
www.dmreland.com
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 [email protected] 713-955-3122M 832-449-2223
Becky [email protected] 713-955-3121M 918-629-5592
Dillon [email protected] 713-955-3123M 713-254-3824
Tripp [email protected] 713-955-3124M 936-635-6968
Jane MatsellGraphic Designer
Contacts, Due Diligence, & Offer Requirements
Dosch Marshall Real Estate713.955.2120
777 Post Oak Blvd Houston, TX 77056
www.dmreland.com
Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±320 acres between FM529 and Longenbaugh Road north of Katy, West Houston, TX (Property). All inquiries about the Property should be directed to DMRE.
Due Diligence InformationTo access the due diligence information please visit the Property website at: www.dmreland.com
Offer RequirementsOffers 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
Purchase terms shall require cash to be paid at closing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.
±320 ACRES ON FM529 AND LONGENBAUGH ROAD 2
www.dmreland.comProperty Information
Property Details
LOCATION Between FM 529 & Longenbaugh Rd west of Katy Hockley Rd
LAT., LONG. 29.883401, -95.836214
TOTAL ACRES ±320
PARCEL ID 0471370000002, 0471370000014, 0480660000011, 0480080000021
DETENTION Onsite
COUNTY & ZIP Fort Bend County, 77493
SCHOOL DISTRICT Katy ISD
2017 Tax Rates
19 KATY ISD 1.51660
40 HARRIS COUNTY 0.41656
41 HARRIS CO FLOOD CNTRL 0.02829
42 PORT OF HOUSTON AUTHY 0.01334
43 HARRIS CO HOSP DIST 0.17179
44 HARRIS CO EDUC DEPT 0.00520
678 WALLER-HARRIS ESD 200 0.09950
TOTAL 2.251282017 Demographics
0-1 mi 0-3 mile 0-5 miles
EST. POPULATION 85 1,376 9,734
5-YR EST. POPULATION GROWTH 27.1% 64.0% 33.3%
HOUSEHOLDS WITH INCOME EXCEEDING $74,999
51.8% 60.0% 56.9%
EST. AVERAGE HOME VALUE $190,909 $222,852 $218,064
±320 ACRES
0.5 MI
0.5 MI90 FT
0.5 MI
1.0 MI
LONGENBAUGH RD
FM529 / FREEMAN RD
KATY
HO
CKLE
Y RD
NOTE: Frontage measurements are approximations from Landvision.
±320 ACRES ON FM529 AND LONGENBAUGH ROAD 3
www.dmreland.com
10 MILES5 MILES
FM 529
LONGENBAUGH RDFM
285
5
10
MORTON RD
GRA
ND
PKW
Y
CLAY RD
KINGSLAND BLVD
PIN OAK RDFM
146
3PI
TTS
RD
KATY
HO
CKLE
Y RD
FRY
RD
BARK
ER C
YPRE
SS R
D
KATY
COPPERFIELDPLACE
Katy Mills Mall3,000 Employees1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theater
1,000 Employees • 208 beds
Technology Center350+ Employees
Testing Laboratories565 Employees
$220-million, 350,000-square-foot, 48-bed pediatric hospital1,000 employeesWill soon be expanded to 96 beds
$300 million, 192- bed hospital 2,100 employees
94,000+ employeesSecond largest employment center in the region Over 25 million square feet of office space Over 2.9 million square feet of retail
135,000 SF Claims Processing Center 610 Employees
Corporate Headquarters1,000+ Employees
Houston ExecutiveAirport
2,900 EmployeesCorporate Headquarters & Distribution Center
Grand Morton Town Center85-Acre Development
Future56-acre, 400,000-SF commercial business park70-acre industrial park
GEORGE BUSH PARK/ELDRIDGE
ADDICKS RESERVOIR
University Center125-acre master-planned mixed-use developmentUH Katy Campus opening fall 2019
±320 AC
Highlights Map
±320 ACRES ON FM529 AND LONGENBAUGH ROAD 4
www.dmreland.comArea Highlights
Master-planned business district, home to several of the largest international energy companies in the world as well as 300 multi-national, national and local companies
• 12 miles from the Property
• Educated workforce comprised of more than 94,000 employees
• Second largest employment center in the region
• Over 25 million square feet of office space (of which 79% is Class A)
• Over 2.9 million square feet of retail
• By 2030, office/mixed-use space is expected to reach 45.2 million square feet
• Hosts 27 hotels providing a total of 3,878 hotel rooms
• Over 60 restaurants of all varieties
• Over 26,000 acres of natural space and 50 miles of bike trails and running trails
• Contains the headquarters locations and regional offices of prominent interna-tional energy and energy services firms including BP America, Shell Exploration and Production, ConocoPhillips, CITGO, Dow Chemical, PGS, and Mustang/Wood Group
• Other, non-energy, companies also have a major presence in the corridor including Cardinal Health Care Inc., Sysco Corporation, Gulf States Toyota, and Star Furniture
Top Employers
Employer # Employees
Wood Group 10,960
BP America, Inc. 9,537
Technip USA Inc. 4,300
ConocoPhillips 3,000
Shell Oil Company, Woodcreek 3,000
Methodist West Houston Hospital 2,100
Mariner Post-Acute Network 2,000
The Friedkin Group 2,000
Sysco Corporation 1,800
CITGO Petroleum Corporation 1,367
Dow Chemical 1,330
Foster Wheeler USA Corporation 1,000
Texas Children’s Hospital West 1,000
WOOD GROUP HQ
WESTLAKE OFFICE TOWER - BP
Local Employers • Memorial Hermann (6.5 miles) employs 1,000 at their 208-bed
hospital west of I-10 and the Grand Parkway• Schlumberger (7 miles) employs over 350 people at their Technol-
ogy Center at I-10 and the Grand Parkway. • Igloo (7.5 miles) employs over 1,000 at their headquarters south
of I-10. They hired an additional 250 full time workers in the Katy plant in 2014 to support the continued growth in West Houston.
• DNV-GL (7.5 miles) employs 565 people at their testing laborato-ries east of the intersection of I-10 and the Grand Parkway.
• Academy Sports & Outdoors (8.0 miles) employs 2,900 people at their corporate headquarters and distribution center.
• Geico’s 135,000-SF claims processing center (8.0 miles) employs 610 people.
West Houston Medical Center Texas Children’s Hospital West Campus
• $220-million, 350,000-square-foot, 48 bed pediatric hospital• 1,000 employees• Will soon be expanded to 96 beds
The Methodist West Houston Hospital• $300 million, 192- bed hospital • 2,100 employees
The University of Texas M.D. Anderson Hospital • Owns 35 acres located in the Central Park development, on the north side
of Interstate 10 between Eldridge and SH 6• Construction of a 175,000 square foot cancer center, the first phase of a
multi-building campus, is currently underway and is expected to be open by 2018
Upcoming DevelopmentsUniversity Center (7 miles from the Property)
• 125-acre master-planned, mixed-use development at the northeast corner of Interstate 10 and the Grand Parkway
• UH initially plans to build an 80,000-square-foot facility on 46 acres; the campus should open in fall 2019
• The campus is expected to serve 2,000 students at first, but the system’s master plan accommodates 8,000 to 10,000 students
Amazon.com • Plans to open a 1-million-SF fulfillment center in Katy, creating up to
1,000 new, full-time jobs
±320 ACRES ON FM529 AND LONGENBAUGH ROAD 5
www.dmreland.com
La Centerra at Cinco Ranch • Employs over 1,700 people
• 34-acre mixed-use town center located at the intersection of Cinco Ranch Boulevard and Grand Parkway; Phases I and II are comprised of approximately 170,000 square feet of retail space and 125,000 square feet of office space
• Upscale, main-street style town center development featuring national names and unique bou-tiques, choice dining options, Class A office space and luxury living
• In 2015 Trader Joe’s opened a new, 12,500 SF store in La Centerra Phase III; Phase III consists of an additional 37,000 SF of retail, 36,000 SF of office, and a parking garage
Katy Boardwalk• Mixed-use project including a
boardwalk, nature trails, two loft-living apartment complexes, retail stores, hotel conference center, and restau-rants
• Phase I scheduled for completion end of 2017
• 650 loft residences, 145,000 square feet of mixed-use commercial space and approximately 60,000 square feet of retail space
Typhoon Texas (7.0 miles)• Popular waterpark with water slides,
a lazy river for tubing, and eateries
Katy Mills Mall (7.0 miles)• Employees over 3,000 people
• 1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theater
Grand Morton Town Center (6.0 miles)
• 85-acre development at Morton Rd and the Grand Parkway
• Kroger, Walmart, Regions Bank, UPS Store, GNC, Mattress One, SportClips, Supercuts, Chase Bank, Chick-fil-A, Sprint, Subway, T-Mobile
FM529 & N Fry Rd (6.5 miles)• Fiesta, Walgreens, CVS, Wells Fargo,
Sushi Shiga, Mattress One• MD Kids Pediatric, Emmy Dental,
Discovery Years Early Learning Center
I-10 & the Grand Parkway (7.0 miles)• JCPenney, Red Robin, Cinemark, La
Madeleine• Costco, Main Event Entertainment,
Academy Sports, Mo’s Irish Pub
I-10 & Katy Ft Bend Rd (7.0 miles)• Walmart Supercenter, Toys”R”Us,
Main Event Entertainment, Spec’s Wines, Spirits, and Finer Foods, Guitar Center, BreWingZ Restaurant and Bar, Boot Barn, Dollar Tree
• Best Western Plus, Comfort Suites, SpringHill Suites by Marriott
Kingsland Blvd & Pin Oak Rd (7.0 miles)
• Kroger, Chase Bank, 24 Hour Fitness, Smashburger, Bank of America Financial Center, Panera Bread, Alicia’s Mexican Grille, Red Lobster, TGI Fridays, Los Cucos Mexican Restaurant, Fuddruckers
• Residence Inn by Marriott, Home-wood Suites by Hilton, Courtyard by Marriott
LA CENTERRA TYPHOON TEXAS
KATY BOARDWALK
Area Highlights
±320 ACRES ON FM529 AND LONGENBAUGH ROAD 6
ww
w.dm
reland.com
10-10-11
Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord
(owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an
Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about
brokerage services to prospective buyers, tenants, sellers and landlords.
Information About Brokerage Services
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner;
(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and
(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.
With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party.
If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.
Buyer, Seller, Landlord or Tenant Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)
TREC No. OP-K
7