FOR SALE CELINA LANDING OFFERING SUMMARY LAND ADVISORY GROUP. JORDAN HARRIS Associate p m e

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1 CELINA LANDING OFFERING SUMMARY FOR SALE P R E M I E R L A N D D E V E L O P M E N T O P P O R T U N I T Y A C R E S C E L I N A, T X LAND ADVISORY GROUP CHRIS BURROW Vice President p m e cburrow@henrysmiller.com DILLON COOK Senior Associate p m e dcook@henrysmiller.com JORDAN HARRIS Associate p m e jharris@henrysmiller.com METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914.

2 Disclaimer THE FOLLOWI NG I NFORMATION IS FROM SOURCES BELI EVED TO BE RELIABLE, BUT HENRY S. MI LLER BROKERAGE, LLC HAS NOT VERI FIED THE ACCURACY OF THE I NFORMATI ON. HENRY S. MI LLER BROKERAGE, LLC MAKES NO GUARANTEE, WARRANTY OR REPRESENTATI ON AS TO THE I NFORMATION, AND ASSUMES NO RESPONSI BI LI TY FOR ANY ERROR, OMISSI ON OR I NACCURACY. THE I NFORMATI ON IS SUBJECT TO THE POSSI BI LI TY OF ERRORS, OMISSI ONS, CHANGES OF CONDI TION, I NCLUDI NG PRI CE OR RENTAL, OR WI THDRAWAL WI THOUT NOTI CE. ANY PROJECTI ONS, ASSUMPTI ONS OR ESTI MATES ARE FOR I LLUSTRATI VE PURPOSES ONLY. RECI PIENTS SHOULD CONDUCT THEIR OWN INVESTIGATION.

3 Executive Summary PROPERTY OVERVIEW Overview Celina Landing is located off of the northeast corner of Frontier Parkway and South Preston Road. The population of Celina is currently estimated to be 8,143, and is expected to grow to 100,000 by This property will be enhanced by the recently approved extension of Laud Howell Parkway, future Dallas North Tollway, and the proposed Collin County Outer Loop. Prosper Landing sits within the Celina city limits, and has a Prosper mailing address. 100-Year Floodplain As a recently annexed property, The City of Celina has agreed to extend water and sewage mains when development commences. This property represents a unique development opportunity within a highgrowth residential area that is in dire need of supporting retail. Property Summary LOCATION COUNTY SUBMARKET LAND AREA ZONING LAND USE FRONTAGE SCHOOL DISTRICT UTILITIES ASKING PRICE NEC South Preston Road & Frontier Parkway Prosper, Texas Collin County Prosper/Celina/McKinney Gross: ± Acres AG Supporting Retail/Commercial ±1,141 feet along South Preston Road Prosper ISD Planned extension to site Please Contact Broker

4 Market Overview AERIAL OVERVIEW Celina Landing: Under Construction: Planned Development: Completed Development:

5 Market Overview AERIAL OVERVIEW RETAIL DEVELOPMENT

6 Executive Summary MARKET ATTRACTION Major Area Points of Interest Celina Landing 1) Celina Landing 2) Prosper Town Center 3) Downtown Prosper 4) Gentle Creek Golf Club 5) Prosper High School (Top 500 School in US) 6) Broadway Station Business Park (future) 7) Prosper Plaza (future retail) 8) Downtown Prosper Office Building (future) 9) Shops at Prosper Trail 10) Prosper Library 11) Walmart (future) 12) Prosper Business Park 13) East Prosper Village (future retail) 14) Frontier Park 15) Boyer Park Type Celina Prosper Surrounding Demographics Population 8,143 17,564 Households 2,547 5,528 8 Median Household Income $93,135 $126, Median Home Value $233,138 $315, Average Age Bachelor s Degree or Higher 27.1% 31.2% Graduate or Professional Degree 9.3% 15.1% 11 7

7 Market Overview INVESTMENT MERITS Thriving DFW Market Economy fueled by job growth, in-migration and housing shortage #2 MSA in U.S. in job growth through 2015 adding 700,000 new residents and 425,000 new jobs Diversified economy proving resilient compared to Houston and other energy dependent cities DFW residential home supply currently is at a 20-year low with a 2.5 month supply of homes available Corporate relocations help fuel in-migration and job creation. Most notable: Toyota North America, Liberty Mutual, State Farm, and FedEx Home price gains are highest in the U.S. at 9.5% currently New home inventory currently at 2,754 in DFW compared to 12,000 in 2006 Growth and Quality of Life Current population of 8,143 compared to 6,358 in % increase Exiting and proposed residential developments with houses starting at $300,000 Population is young, talented, and educated (27.1% of population has a bachelors degree) with an average age of 35.7 years Premier Development Site Current Rural Non-Ag zoning with Preston Road Overlay District As part of Celina annexation agreement, City of Celina will provide necessary water and sewage capacities to site Planned Roadwork: Dallas North Tollway Extension, Coit Road Extension, Punk Carter Parkway, Laud Howell Parkway Development Support and Incentives No personal income tax in Texas No corporate income tax in Texas City of Celina provides tax abatement as an incentive for development on a case-by-case basis Low corporate franchise tax Major Transportation Hubs McKinney National Airport 16.3 Miles Dallas Love Field 35.0 Miles DFW International Airport 35.9 Miles Collin County is the fastest growing county in the state

8 Market Overview THOROUGHFARE PLAN City of Celina City of Prosper

9 Market Overview MARKET AREA DYNAMICS Celina Though deeply rooted in small town charm, Celina is a rapidly transforming suburb that is evolving into a larger urbanized community. Anchored by the ongoing expansion of the Dallas North Tollway and Preston Road, Celina finds itself in the Golden Corridor of Northern Dallas growth, characterized by great demographics and desirable school systems. Covering over 78 square miles in total, Celina has astounding potential at full build-out and is projected to grow to a community of 345,000 residents. Celina benefits from its central strategic location along the Dallas North Tollway and Preston Road the dominant north-south thoroughfares serving desirable central growth regions of Greater Dallas. Preston road is being widened to a 6-lane divided parkway throughout Celina, while the Dallas North Tollway will be expanded to include two southbound service lanes in Additionally, the long-awaited Collin County Outer Loop is currently in ROW acquisition process and is expected to complete its first two lanes running from the Dallas North Tollway to Preston Road by the end of Celina Housing Boom Celina boasts homes for individuals and families of all types. With real estate prices ranging from less than $100,000 up to the millions, homes are available to a diverse range of buyers. Celina s real estate offerings include historic homes, which are available in Celina s quaint downtown area, to new homes from the DFW s finest builders in master planned communities, and ranches or luxury homes on expansive acreage with scenic views. There are many opportunities for developers of residential or master-planned communities, including prime locations still available to choose from for future developments. According to City of Celina projections based upon currently-active developments, the population of Celina is expected to reach 100,000 by 2024

10 Land Advisory Group ABOUT US What We Do Henry S. Miller Company s Land Advisory Group serves individual, institutional, public, private and non-profit clients with the acquisition and disposition of investment, recreational, and pre-development land. With in-depth market knowledge, our team provides the expertise to evaluate specific site needs and analyze highest and best use for strategically located land assets. We also assist in all regulatory and entitlement issues. As the leader in land brokerage in Texas, we have assisted thousands of clients in the acquisition and marketing of land to regional, national, and international investors and developers. In partnership with the Miller Company s Appraisal and Consulting Division, the Land Advisory Group also conducts detailed market studies, land valuations and economic development opportunity analysis for municipalities and governmental entities. The Land Advisory Group also works closely with financial institutions in evaluating Real Estate Owned (REO) properties including conducting valuations, market studies and dispositions. Who We Are Land Advisory Group was founded by senior real estate professionals at Henry S. Miller Company and is comprised of individuals with nearly 80 years of industry experience. Team members have held executive positions with nationally recognized real estate firms, with U.S. government agencies and non-profit organizations. Our Approach We believe solving complex problems is achievable through careful research and due diligence and by assigning a senior professional to personally manage each assignment. We approach each challenge as unique, applying the most effective combination of resources to each project. We also believe in working collaboratively as a team and establishing clear lines of communication with our clients. Where We Work The real estate professionals in the Land Advisory Group have advised and consulted on over 500 engagements in 7 states and with 30 combined U.S. markets representing over $1.5 billion in value. Our advisory team focuses on the following key property asset types in the Dallas/Fort Worth, North Texas and Southwest U.S. markets: Raw land for planned residential and mixed-use development projects; Urban and suburban land for corporate campus sites; Hospitality, multifamily, retail, and office development sites; Recreational land and ranches; Investment grade land assets positioned for long-term appreciation; Opportunistic infill land sites. "Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth." - Theodore Roosevelt

11 Land Advisory Group ABOUT US Our Services Development Services Strategic site selection and acquisitions Development consulting and opportunity analysis Zoning and regulatory approvals Initiating and managing public-private partnerships Public finance of vital infrastructure costs Property entitlement and advocacy Debt, equity and joint venture finance through HSM Equity Partners Consulting and Property Analysis Market studies Conceptual site plans Valuations Appraisals (HSM Appraisal & Consulting Division) Highest and best use analysis Abilities Specialty Areas Urban infill and redevelopment sites Master-planned residential and resort communities Commercial development sites Mixed-use development sites Recreational land and ranches Vineyards and wineries Conservation land Investment grade land assets for corporate campus sites Hospitality / multifamily / retail / and office development sites Our Passion Land is our core passion and our specialty. The Land Advisory Group represents a true full-service land company within our established Henry S. Miller Companies. By utilizing the resources and abilities of our group and those across the entire Miller Company, we are able to provide the best possible service in the industry. We believe in the importance of adding true value through establishing strong relationships, holding ourselves to the highest standard of professionalism, and by working proactively on each and every assignment. Strategic marketing plans Brokerage, 1031 exchanges and joint ventures Buy versus sell analysis and real estate market cycle analysis Market trends and forecasting Dispositions Marketing Over $600,000 paid annually for online resources and marketing tools at our disposal Group-owned DJI Phantom 3 Professional drone photography Paid advertising across all media outlets: online, print and social media

12 Contact Information L A N D A D V I S O R Y G R O U P Contact Information Our Industry experts are here to provide you with the answers you need. Please feel free to contact Henry S. Miller Brokerage Land Advisory Group so that we may further assist you with your real estate needs. Chris Burrow Vice President d c cburrow@henrysmiller.com Dillon Cook Senior Associate d c dcook@henrysmiller.com Eric Leyendecker Associate d c eleyendecker@henrysmiller.com Jordan Harris Associate d c jharris@henrysmiller.com Alec Lucas Associate d c aleclucas@henrysmiller.com HENRY S. MILLER BROKERAGE, LLC DALLAS PARKWAY, 11 TH FLOOR, DALLAS, TEXAS