2700 RESEARCH FOREST DRIVE THE WOODLANDS, TEXAS 77381

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Site THE WOODLANDS, TEXAS N property overview» 100% Leased Property of 74,940 SF with 8 tenants» 251 Parking Spaces» Net operating income of $1,192,749.

1 Site THE WOODLANDS, TEXAS N property overview» 100% Leased Property of 74,940 SF with 8 tenants» 251 Parking Spaces» Net operating income of $1,192, & earliest lease ends 2022» Glass building on acres surrounded by gardens, lake and fountains demographic information 1mile 3mile 5mile Total Population ,203 60, ,387 Projected Growth % 3.6% 3.4% Average HH Income 2017 $201,450 $147,157 $131,758 Projected Growth % 1.5% 1.6% daily traffic Research Forest Dr Gosling Rd area retailers Bella Green Exxon Black Walnut Cafe Fogo de Chao Burger King Grub Burger Bar Capital One Kroger Corner Bakery Cafe McDonald s Crisp Shell Embassy Suites Sonic 36,000 VPD 23,000 VPD Starbucks Torchy s Tacos UPS Store Walgreens Whole Foods YMCA

2 SITE PLAN

SITE PLAN 100 105 115 125 140 INTELLICURE 16,717 SF GATEWAY MORTGAGE 3,392 sf AXIS 4,350 SF ALUMA SYSTEMS 2,607 SF

3 SITE PLAN INTELLICURE 16,717 SF GATEWAY MORTGAGE 3,392 sf AXIS 4,350 SF ALUMA SYSTEMS 2,607 SF SHEFFIELD, TRACKWELL & RAPP DRUCKER & HOPKINS 1,882 SF 2,897 SF WOODLAND BEHAVIORIAL 5,499 SF VGXI 33,830 SF

4 2 700 R E SEARC H FORE ST DRIVE AERIAL G O S L IN G R D - 2 3,0 0 0 V P D R E S E A R C H O R E E C N O O G F O E S P L S T R NEW TRAILS D F T H L Y R T D R 3 6,0 0 0 V P D LA K Site E W O O D LA N D S D R 2 2,0 0 0 V P D da nthony@woodmont.com N

100% LEASED PROPERTY OVERVIEW 2700 RESEARCH FOREST DRIVE The Woodlands,Texas Houston s preferred location Beautiful Glass Building Of 74,940 Sq. Ft. On 8.

Area: Net Rentable Area: Site Size: Parking Spaces: 2700 Research Forest Drive, The Woodlands, TX, 77381 1999 2017 74,940 square feet 71,174 square feet 8.

5 100% LEASED PROPERTY OVERVIEW 2700 RESEARCH FOREST DRIVE The Woodlands,Texas Houston s preferred location Beautiful Glass Building Of 74,940 Sq. Ft. On Acres Land Address: Year Completed: Renovated: Floors: Gross Bldg. Area: Net Rentable Area: Site Size: Parking Spaces: 2700 Research Forest Drive, The Woodlands, TX, ,940 square feet 71,174 square feet acres (349,200 square feet) 251 (3.45 per 1000 Square Feet) 1 No. of Tenants: 8 NOI (Actual) $1,192, Building Surrounded By Landscaped Gardens, Lake & Fountain ANY INCREASE IN THE OPERATING EXPENSES CAN BE PASSED OVER TO THE TENANTS. Hence, any increase in the taxes will not reduce the NOI. No Damage or No Seepage caused, despite Hurricane Harvey

DETAILS 2700 Research Forest Drive building is currently 100% leased with 8 tenants,

58 with the earliest lease ending on 2022.

A beautiful glass building of 74,940 square feet area sitting on 8.

6 DETAILS 2700 Research Forest Drive building is currently 100% leased with 8 tenants, which has a net operating income of $1,192, with the earliest lease ending on The property is located in The Woodlands, Houston s most preferred location. A beautiful glass building of 74,940 square feet area sitting on acres of land surrounded by lush green landscaped gardens, lake and fountains. The building has excellent clients with first rate financial history. A PERFECT INVESTMENT OPTION WITH STEADY CASH FLOW

7 DETAILS Address: Year Completed: Floors: Gross Bldg. Area: Net Rentable Area: Site Size: Percent Leased Parking Spaces: No. of Tenants: Parking Ratio 2700 Research Forest Drive, The Woodlands, TX, ,940 square feet 71,174 square feet acres (349,200 sq ft) 100% 251 (3.45 per 1000 Sq Ft) per 1,000 square feet of rentable area Property Value NOI (Actual) Market Rate $1,192,749.58

FACTS & FIGURES Established in 1974 by Mitchell Energy & Development, The Woodlands is a 28,400 acre master planned area that is now controlled by Howard Hughes Corporation.

8 FACTS & FIGURES Established in 1974 by Mitchell Energy & Development, The Woodlands is a 28,400 acre master planned area that is now controlled by Howard Hughes Corporation. The Woodlands is home to over 50,000 employees and 1900 employers, including 7 Fortune 500 companies. Maersk, Baker Hughes, Chevron Phillips, AON Hewitt, Halliburton, Huntsman, Tetra, CBI, Exxon Mobil and Anadarko are among the many multinational firms that have established a presence in The Woodlands in recent years. Facts & Figures Currently #3 best-selling master-planned community in Texas and #8 in the U.S. 28,000 acres in total and 5,000 acres devoted to commercial development Over 100 major companies 14 companies occupy 100,000 square feet or more $15.7 billion invested by all parties to date 17 miles from George Bush Intercontinental Airport ABOUT THE WOODLANDS 27 miles north of downtown Houston, fourth largest city in the U.S. 28% (8,000 acres) dedicated to green space at build-out 1,901 employers (including 7 of Houston s 23 Fortune 500 companies) and 54,504 employees 43,950 households in nine residential villages

9 HOUSTON MSA With 2,245,108 residents, Houston is the largest city in Texas and the 4 th largest city in the United States behind New York, Los Angeles and Chicago. The Houston CMSA encompasses 8,778 square miles an area smaller than Massachusetts but larger than New Jersey. Year Houston MSA Harris County City of Houston 8,000,000 7,000, * 6,928,233 4,589,928 2,538, ,313,158 4,336,000 2,201, ,946,000 3,984,000 2,100, ,669,571 3,400,578 1,953, ,731,131 2,818,199 1,631,766 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000, ,118,080 2,409,547 1,595, ,181,315 1,741,912 1,233, ,581,117 1,243, ,219 City of Houston Harris County Houston MSA *Estimate

HOUSTON MSA The Houston-Sugar Land-Baytown MSA's Gross Area Product (GAP) during 2014, ranked 4th nationally, behind that of New York City, Los Angeles and Chicago at $517 billion.

10 HOUSTON MSA The Houston-Sugar Land-Baytown MSA's Gross Area Product (GAP) during 2014, ranked 4th nationally, behind that of New York City, Los Angeles and Chicago at $517 billion. When comparing Houston's economy to a national economy, only 21 countries other than the United States have a gross domestic product exceeding Houston's regional gross area product. $1,800,000 $1,600,000 $1,400,000 $1,602,705 Current - Dollar GDP by Metro Area ($ in Millions) Current - Dollar GDP Houston - Sugar Land - Baytown, TX MSA (in Billions) $1,200,000 $ 600,000 $1,000,000 $ 930,817 $ 500,000 $ 400,000 $800,000 $ 300,000 $600,000 $400,000 $ 640,656 $ 503,311 $ 491,042 $ 485,683 $ 431,704 $ 411,161 $ 396,549 $ 200,000 $ 100,000 $ 339,203 $200, $000,000 NYC LA Chicago Houston Dallas Wash San Frans Philadelphia Boston Atlanta

11 LOCATION SUMMARY Location Summary Houston s employment expansion has been led by a strong leadership position in the global energy sector. Because of the favorable composition of the region s principal employment drivers, and the tremendous momentum in employment growth, Houston s economy continues to outperform other major metropolitan centers. Both energy and non-energy components of the regional economy, such as medical services and foreign trade are all performing well. Houston s relentless employment growth can be expected to outperform most major U.S. markets in job growth for the foreseeable future. The Houston MSA population is projected to increase to over 7.4 million by 2020 and to 10.2 million by 2034.

12 GROSS RATES While gross rates continue to be tracked and used for most citywide market statistics, there is an increasing trend among active Houston area landlords towards triple net rental rate structures, especially for higher quality Class A developments. Nonetheless, many buildings with gross rate structure remain. Gross Annual Rental Rates per Sq. Ft. by Submarket (Overall Weighted Average of all Classes) $45,00 $40,00 $35,00 $30,00 $38.75 $35.77 $34.01 $32.83 $31.46 $31.16 $30.52 $30.48 $26.83 $25,00 $20,00 $21.28 $20.90 $20.70 $20.15 $18.78 $18.57 $17.81 $17.54 $16.78 $15,00 $10,00 $05,00 $00,00 CBD Richmond/Buffalo Speedway Montrose West Loop/Galleria Westheimer/Gessner Katy Freeway San Felipe/voss Woodlands/conroe South Main North Belt Gulf Freeway/Pasadena Northwest SW Houston/Ft. Bend Co. NASA/Clear Lake Richmond/Fountain view SW Freeway/Hillcroft East/Northeast F.M. 1960

13 RENT ROLL Current Annual Base Rent Escalations Current Annual Base Rent Escalations Tenant SFT Leased PSF Total Date PSF Tenant SFT Leased PSF Total Date PSF Intellicure - Suite $ $359, Sep-19 $22.50 Sheffield, Trackwell & Rapp, LLC 2,897 $21.50 $62, Mar-19 $22.00 Sep-2015 to Aug-2022 Nov-2017 to Feb-2023 Mar-20 $22.50 VGXI, Inc. 15,132 $ $317, Nov-18 $21.50 Mar-2010 to Jan-2022 Nov-19 $22.00 Nov-20 $22.50 Mar-21 $23.00 Mar-22 $23.50 Drucker Hopkins LLP 1,882 $22.00 $41, Mar-19 $22.50 VGXI, Inc. 13,185 $21.00 $276, Nov-18 $21.50 Oct-2001 to Jan-2022 Nov-19 $22.00 Nov-20 $22.50 Jan-2018 to Feb 2023 Mar-20 $23.00 Mar-21 $23.50 Mar-22 $24.00 VGXI, Inc. 5,513 $20.00 $110, Oct-19 $21.00 Oct-2017 to Jan-2022 Oct-21 $22.00 The Woodlands Behavioral. 5,499 $22.85 $125, Nov-18 $23.35 Gateway Mortgage Group, LLC 3,392 $21.50 $72, Nov-18 $22.00 Nov-2017 to Oct-2022 Nov-19 $22.50 Nov-20 $23.00 Nov-21 $23.50 Oct-2017 to Oct-2024 Nov-19 $23.85 Axis 4,350 $20.50 $89, Jun-19 $21.00 Nov-20 $24.35 Nov-21 $24.85 Nov-22 $25.35 Nov-23 $25.85 Mar-2018 to Feb-2023 Jun-20 $21.50 Jun-21 $22.00 Jun-22 $22.50 Aluma Systems, Inc. 2,607 $21.50 $56, Nov-18 $22.00 Nov-2017 to Oct-2022 Nov-19 $22.50 Nov-20 $23.00 Nov-21 $23.50

14 NOI SUMMARY Revenue Rent/Lease Income Reimb. /Other Income Other Income In-Place (2018) Amount $1,522, $97, $ PSF $21.38 $1.37 $0.04 Total Revenue $1,622, $22.80 Expenses Contract Services Salaries Repair & Maintenance Administrative Utilities Insurance Real Estate Tax $48, $61, $25, $10, $70, $19, $195, $0.68 $0.86 $0.35 $0.14 $0.99 $0.27 $2.74 Total Expenses $429, NOI (Actual) $1,192, $6.04 $16.76 Any increase in the Operating Expenses can be passed over to the tenants. Hence, any increase in the taxes will not reduce the NOI.

15 PRO FORMA CASH FLOW Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Revenue Rent/Lease Income 1,522, ,560, ,593, ,617, ,652, ,688, ,724, ,759, ,795, ,830, Reimb. /Other Income 97, , , , , , , , , , Other Income Total Income 1,622, ,674, ,719, ,756, ,805, ,853, ,902, ,951, ,000, ,049, Expenses Contract Services 49, , , , , , , , , , Salaries 61, , , , , , , , , , Repairs & Maintenance 25, , , , , , , , , , Administrative 10, , , , , , , , , , Utilities 70, , , , , , , , , , Insurance 19, , , , , , , , , , Real Estate Tax 199, , , , , , , , , , Total Expenses 429, , , , , , , , , , NOI (Actual) 1,192, ,236, ,272, ,300, ,340, ,379, ,418, ,457, ,496, ,535,701.78

16 Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about brokerage services to prospec ve buyers, tenants, sellers and landlords TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage ac vi es, 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 informa on about the property or transac on received by the broker; Answer the client s ques ons and present any o er to or counter-o er from the client; and Treat all par es to a real estate transac on 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 wri en lis ng to sell or property management agreement. An owner's agent must perform the broker s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on 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 wri en representa on agreement. A buyer's agent must perform the broker s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must first obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary: Must treat all par es to the transac on impar ally and fairly; May, with the par es' wri en consent, appoint a di erent license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. Must not, unless specifically authorized in wri ng to do so by the party, disclose: that the owner will accept a price less than the wri en asking price; that the buyer/tenant will pay a price greater than the price submi ed in a wri en o er; and any confiden al informa on or any other informa on that a party specifically instructs the broker in wri ng 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 transac on 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 du es and responsibili es to you, and your obliga ons under the representa on 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 no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker s services. Please acknowledge receipt of this no ce below and retain a copy for your records. The Woodmont Company contact@woodmont.com Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Phone Stephen Coslik scoslik@woodmont.com Designated Broker of Firm License No. Phone Licensed Supervisor of Sales Agent/ Associate License No. Phone Derek Anthony Sales Agent/Associate s Name License No. Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission Informa on available at IABS 1-0

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F O R L E A S E 1000 W. Crosby Road Carrollton, Texas 75006 DANIEL SEGRETO 972.250.5870 DSEGRETO@CAPSTONECOMMERCIAL.COM C A P S T O N E C O M M E R C I A L SUITE 114 C A P S T O N E C O M M E R C I A