HOUSTON, TEXAS Galleria/Bellaire Markets Office Lease Options Prepared by: BOBBIE BOZARTH, Senior Vice President 1900 West Loop South, Suite 1300 Houston, TX 77027 713.272.1221 Bobbie.Bozarth@Transwestern.com
MAP OF PROPERTIES
This copyrighted report contains research licensed to Transwestern - 523890. 8/12/2014 Page 1
BUILDING PROFILES AND FLOOR PLANS
1 4545 Bissonnet St - 4545 Bissonnet Location: Developer: Management: Recorded Owner: 4545 Bissonnet Bellaire Cluster Bellaire Submarket Harris County Bellaire, TX 77401 - Commercial Tenant Services Beaumont Dev Group Building Type: Class B Office Status: Built 1982 Stories: 3 RBA: 63,937 SF Typical Floor: 31,968 SF Total Avail: 1,335 SF % Leased: 97.9% Expenses: 2007 Ops @ $7.78/sf Parcel Number: 0370430040043, 0370620040003 Parking: Amenities: 50 free Surface Spaces are available; 157 free Covered Spaces are available; Ratio of 3.00/1,000 SF Banking, Card Key Access, Energy Star Labeled, Fitness Center, On Site Management, Property Manager on Site P 2nd P 2nd Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy 818 818 818 Withheld Vacant 3-5 yrs 517 517 517 Withheld Vacant 3-5 yrs Term Type This copyrighted report contains research licensed to Transwestern - 523890. 8/11/2014 Page 1
6750 WEST LOOP SOUTH THE OFFICES OF PIN OAK PARK 2 P R O P E R T Y D E TA I L S Rental Rate $28.00/SF Building Size 201,922 square feet, 10 stories Type Class A professional office building Parking FREE visitor parking, 3/1000 SF $45.00 for unreserved $65.00 for reserved CAMPUS MAP CEDAR STREET LOOP Parking Garage WEST FIRST STREET Oversized Surface Parking 610 6700 West Loop South LOOP SERVIC 6750 West Loop South D E ROA 4710 Bellaire For leasing information contac t: Office Leasing Amanda Lee 713.270.3350 Amanda.Lee@transwestern.net Medical Leasing Brandy Bellow 713.272.1245 Brandy.Bellow@transwestern.net BELLAIRE BOULEVARD 4747 Bellaire Parking Garage 6800 West Loop South NORTH Tr a n s w e s t e r n H o u s t o n 19 0 0 W e s t L o o p S o u t h, S u i t e 13 0 0 H o u s t o n, Te x a s 7 7 0 2 7 P : 7 13. 2 7 0. 7 7 0 0 F : 7 13. 2 7 1. 8 17 2
6750 WEST LOOP SOUTH THE OFFICES OF PIN OAK PARK FEATURES Move-in ready suites available Located in affluent Bellaire Free visitor parking 6750 W. LOOP SOUTH All five buildings awarded the prestigious Energy Star 2008-2013 Signage opportunities available for large users 610 LOOP Easy access off of the 610 Loop with excellent visibility and close proximity to the Texas Medical Center, Galleria, Greenway Plaza and Downtown Houston Bellaire Blvd. Park-like setting surrounded with 100-year old oak trees On-Site amenities include: delis, banking with lobby and drive thru service, 24-hour security, property management and building engineers F or leasing information contact: Office Leasing Amanda Lee 713.270.3350 Amanda.Lee@transwestern.net Medical Leasing Brandy Bellow 713.272.1245 Brandy.Bellow@transwestern.net Transwestern Houston 1900 West Loop South, Suite 1300 Houston, Texas 77027 P: 713.270.7700 F: 713.271.8172
RE NO VA TIO NS 6565 & 6575 WEST LOOP SOUTH BELLAIRE, TX 77401 West Loop I & II 3 UN DE RW AY AMENITIES & HIGHLIGHTS: Spectacular views On-site deli On-site management & security Competitive market rates Convenient access and identity to and from the West Loop Card-key access Minutes from the Galleria and close proximity to Houston s Central Business District Parking garage with covered walkway; Ratio 3.4/1,000 SF Recently acquired by KBS Capital Advisors
West Loop I & II 6565 & 6575 WEST LOOP SOUTH BELLAIRE, TX 77401 SELECT AVAILABLE SPACES: WEST LOOP I 6565 WLS SUITE SQ. FT. DESCRIPTION 100 5,415 545 5,373 700 7,834 Former medical imaging space. Ground floor with lobby entrance. Numerous improvements including private restrooms and x-ray rooms with reinforced and insulated walls. Can be divided and built to suit. Elevator lobby entrance, corner offices, wet bar. Beautiful space available immediately. Elevator lobby entrance, full kitchen, combination open work areas and private offices. WEST LOOP II 6575 WLS SUITE SQ. FT. DESCRIPTION 110 4,334 215 2,943 260 1,600 420/425 6,518 500/510 580 12,808 Ground floor space with lobby entrance. Reception, kitchen, offices and work areas. Elevator lobby entrance, reception, glass double door conference room, kitchen, offices and open work areas. Could be occupied immediately. Reception, wet bar, conference room, offices and work area. Could be occupied immediately. Beautiful views, combination of offices and open areas. multiple corner office opportunities. Half floor contiguous. Prominent elevator lobby entrance, all new common areas on the floor being installed. Multiple kitchens and workrooms with built-ins. Can build to suit. 605 2,490 Corner suite with reception, offices and open areas. Could be occupied quickly. 650 7,682 Beautiful Bellaire and West U views looking toward downtown and medical center. Multiple corner office opportunities, can build to suit. For information, please contact: John Spafford 713.209.5823 jspafford@pmrg.com Allie Hubbard 713.209.5975 ahubbard@pmrg.com
4 4545 Post Oak Pl - 4545 Post Oak Place Location: Developer: Management: Recorded Owner: 4545 Post Oak Place West Loop Cluster Post Oak Park Submarket Harris County Houston, TX 77027 - Moody Rambin 4545 Investment Associates LLC Building Type: Class B Office Status: Built Jun 1972, Renov 1998 Stories: 3 RBA: 68,300 SF Typical Floor: 22,766 SF Total Avail: 17,703 SF % Leased: 86.7% Expenses: 2013 Tax @ $1.99/sf; 2011 Ops @ $8.92/sf, 2010 Est Ops @ $9.21/sf Parcel Number: 1040890000002 Parking: Amenities: Covered Spaces @ $35.00/mo; 78 Surface Spaces are available; Ratio of 1.00/1,000 SF Card Key Access, Corner Lot, Hotel, Property Manager on Site, Security System Floor P 1st P 1st / Suite 100 P 1st / Suite 120 P 2nd / Suite 203 P 2nd / Suite 221 P 3rd / Suite 312 SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy 3,026 3,026 3,026 $20.00/fs Vacant Thru Jun 2017 2,511 2,511 2,511 $24.50/fs 10/2014 3-5 yrs 2,016 2,016 2,016 $24.50/fs Vacant 3-5 yrs 2,800-6,641 6,641 6,641 $24.50/fs Vacant 3-5 yrs 454 454 454 $24.50/fs Vacant 3-5 yrs 3,055 3,055 3,055 $24.50/fs 10/2014 3-5 yrs Term Type Sublet This copyrighted report contains research licensed to Transwestern - 523890. 8/11/2014 Page 5
4550 POST OAK PLACE HOUSTON, TEXAS Building Amenities: Recently renovated exteriors and interiors Ideally located in prestigious Post Oak Park, near the Galleria, Williams Tower, Greenway Plaza, and minutes from the Texas Medical Center and Downtown Houston Lush, three-story atrium building featuring a glass-enclosed lobby Ample surface parking at building entrance, plus controlled access to covered parking garage Three centrally located elevators serve garage and all floors of building Unilev Management professional property management and engineering, ensuring prompt response to tenant needs After-hours, monitored, security-card access providing maximum tenant safety Other amenities include overnight drop box and deli For leasing information, contact: :: steve Rocher 713.577.1615 steve.rocher@cbre.com :: Kristen Rabel, CCIM 713.577.1644 kristen.rabel@cbre.com
4550 POST OAK PLACE HOUSTON, TEXAS LOCATION MAP Memorial Park Post Oak Blvd San Felipe 6-10 Post Oak Park Briar Hollow Ln. St. Regis Hotel Briar Oaks Ln. 4550 POST OAK PLACE Post Oak Place San Felipe Galleria Post Oak Blvd San Felipe Westheimer TYPICAL FLOOR PLAN 2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Printed in the USA, 09.12, HOU0001704 For leasing information, contact: :: steve Rocher :: Kristen Rabel, CCIM 713.577.1615 713.577.1644 steve.rocher@cbre.com kristen.rabel@cbre.com 2800 Post oak Boulevard
4550 Post Oak Place BUILDING PROFILE Building Size: 136,304 RSF Floors: 3 Year Completed: 1976 Starting Rental Rate: $24.00 $21.00 - Atrium Add-on Factor: 18.00% Escalation: Base Year 2014 Space Available: 21,159 RSF Contiguous Space Available: 2,826 SF 2 nd Floor Percent Occupied: 84.5% Parking: 3.5/1000, Free surface; Covered Reserved $50 Building Security: M-F 8:00 a.m. to 6:00 p.m.; 8:00 a.m. to 12:00 p.m. Saturday Building Web site www.4550postoakplace.com PROPERTY MANAGEMENT Unilev Management Fran Youngstrom 713.750.0088 fran.youngstrom@unilev.com LEASING INFORMATION CB Richard Ellis Kristen Rabel 713.577.1644 kristen.rabel@cbre.com or Steve Rocher 713.577.1615 steve.rocher@cbre.com or Parker Duffie 713.577.1613 parker.duffie@cbre.com www.cbre.com/houston CB RICHARD ELLIS 2800 POST OAK BLVD SUITE 2300 HOUSTON, TX 77056 713 577 1600
6 4295 San Felipe St - Prosperity Bank - ICA Center Location: Developer: Management: Recorded Owner: Prosperity Bank West Loop Cluster Post Oak Park Submarket Harris County Houston, TX 77027 - Morrison Karsten Group 4295-4299 San Felipe Llc Building Type: Class B Office Status: Built 1981 Stories: 3 RBA: 54,098 SF Typical Floor: 18,032 SF Total Avail: 2,843 SF % Leased: 94.7% Expenses: 2013 Tax @ $2.44/sf; 2013 Ops @ $9.62/sf, 2011 Est Ops @ $7.72/sf Parcel Number: 0740870010001, 0813170000015 Parking: Amenities: 58 Covered Spaces @ $35.00/mo; 33 free Surface Spaces are available; Ratio of 1.00/1,000 SF Banking, Card Key Access Floor P 2nd / Suite 220 SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy 2,843 2,843 2,843 $25.11/fs Vacant 1-3 yrs Term Type This copyrighted report contains research licensed to Transwestern - 523890. 8/11/2014 Page 7
77 eleven Unsurpassed Location. Breathtaking Views. CLASS A OFFICE SPACE FOR LEASE 1177 West Loop South Houston, Texas 77027 BUILDING AMENITIES & HIGHLIGHTS: 342,000, 18 Story Office Tower with Prestigious Galleria Address Conveniently located on West Loop South; Seconds from I-10, US-59 and Houston s Galleria Unparalleled Views of Memorial Park On-Site Management / 24-hr Security 2 On-Site Delis Stable, Experienced Ownership Landscaped Covered Walkway Modern Food Court & Deli FOR LEASING INFORMATION: WADE BOWLIN (713) 209-5753 wbowlin@pmrg.com MICHAEL SIEGER (713) 209-5930 msieger@pmrg.com
CLASS A OFFICE SPACE FOR LEASE 1177 West Loop South Houston, Texas 77027 77 eleven SPACE AVAILABLE: SUITE SQ. FT. DESCRIPTION 400 11,156 Former law firm space. 500 11,097 Mostly open concept with a few offices and conference rooms. 630* 1,638 Reception, 4 offices and conference room. 650* 4,203 Reception, break room, 5 exterior offices, several interior offices, and conference rooms. 680* 1,948 Spec Suite. Reception, 4 offices, kitchen and a small bull pen. *Suites: 630/650/680 7,789 RSF contiguous. 1410 1,465 2 offices and bull pen area. Available June 2015. 1500 8,120 Elevator lobby exposure with mix of offices & open concept. 1560 2,383 2 offices & large open area. TYPICAL FLOOR PLAN (4TH FLOOR) SUITE 400 11,156 RSF eleven77 Putting you in the center of it all. With spectacular sweeping views of the city, access to three major highways, amenities that cannot be beaten and upcoming renovations that include lobby, common area and elevator modernization, new water chillers and roof membranes, eleven77 presents itself as Houston s most prestigious address for business. Modern Food Court & Deli Interior Office Space Security Desk & Lobby Area FOR LEASING INFORMATION: WADE BOWLIN (713) 209-5753 wbowlin@pmrg.com MICHAEL SIEGER (713) 209-5930 msieger@pmrg.com
1800 W e s t L o o p s o u t h Memorial Park Uptown Park 610 Building Highlights: Grady Park Sage Rd San Felipe St Galleria Mall BLVD Place Hermes RDG Bar Annie Centre at Post Oak S Post Oak Rd California Pizza Kitchen Berryhill Luby s Hilton Maggiano s Post Oak Center Extended Stay Sheraton Suites West Loop Houston Marriott Hotel Derek 1800 West Loop South Target River Oaks Highstreet District Westheimer Rd Highland Village Highland Village LEED Gold Renovated 2013 Parking ratio of 3/1000 On-site Delicatessan 24 Hour On-site Security Adjacent to Marriott Hotel with full service restaurant Conference Facility Garage Parking with direct access to building Retail/Restaurants Parks Hotels For Leasing Information: Monte Calvert 713.272.1234 monte.calvert@transwestern.com Doug Little 713.272.1284 doug.little@transwestern.com www.transwestern.com 713.270.7700
LOBBY renovations FULL FLOOR AVAILABILITY Fourteenth Floor Suite 1400-20,079 SF For Leasing Information: Monte Calvert 713.272.1234 monte.calvert@transwestern.com Doug Little 713.272.1284 doug.little@transwestern.com
ACCESS BUILDING ENTRIES For Leasing Information: Monte Calvert 713.272.1234 monte.calvert@transwestern.com Doug Little 713.272.1284 doug.little@transwestern.com
PROFILE / OWNERSHIP Owner KBS SOR 1800 West Loop South LLC Total NRA 400,101 RSF Year Built 1982; Renovated 2013 Net Rental Rate $20.00 to $22.00 NNN Parking Ratio 3/1,000 Parking Rate Reserved - $100/month/space Suite 200W unreserved - $55/month/space Add-on Factor 17.45% Operating Expenses Estimated 2014 - $12.56 Building Hours Monday-Friday: 7:00 a.m. - 6:00 p.m. saturday: 8:00 a.m. - 1:00 p.m. KBS Strategic Opportunity REIT Inc. acquired 1800 West Loop South in December 2012. KBS Capital Advisors was formed in 2006 and is the exclusive advisor to KBS publically registered, non-traded REITs. Since 2006, KBS has formed five non-traded REITs which have propelled KBS to becoming one of the top real estate buyers in the nation in recent years. Since 2006, KBS Capital Advisors has invested more than $10.5 billion in commercial real estate and real estate related investments. Headquartered in Newport Beach, California, KBS operates eight regional office locations. Since inception, KBS Capital Advisors and KBS Realty Advisors have completed approximately $30 billion in real estate transactions on behalf of six institutional commingled funds, fourteen separate accounts with public and corporate pension funds, five sovereign wealth funds and five public, non-traded REITs. In June 2012, KBS was ranked he 5th largest office owner globally by National Real Estate Investor. For Leasing Information: Monte Calvert 713.272.1234 monte.calvert@transwestern.com Doug Little 713.272.1284 doug.little@transwestern.com
2100 West Loop South For Lease Owner Total NRA Buchanan Street Partners and CarVal Investors 162,069 RSF Floors 16 Year Built 1974; Renovated 2014 % Leased 79.1% Smallest Contiguous Largest Contiguous Rental Rate 1,578 RSF, 6 th Floor 10,595 RSF, 7 th Floor $18.50 /RSF NNN Operating Expenses Estimated 2014 - $12.15 2013 - $11.25 Suite 275 (Management Office) Available SF 1,295* 210 1,966* 205 699* 200 3,711* 225 1,765* 250 (Conference Room) 611* 305 4,387** 320 3,081** 600 1,578 650 1,661 700 10,595 1550 2,520 * 10,047 RSF Contiguous ** 7,468 RSF Contiguous Parking Rate T.I. Allowance 3.5/1000 SF Garage Parking Ratio Reserved $50/month/space Unreserved $25/month/space Negotiable Add-on Factor 18.76% Building Hours 7:00 am - 6:00 pm Monday Friday 8:00 am to 1:00 pm Saturday Exclusive of Holidays After Hours HVAC - $45/hr Amenities Convenient to shopping, restaurants and hotels 24/7 On-site security guard Card key access after hours On-site property management Telecommunications provided by: TW Telecom, Logix Communications, Alpheus, Telepacific and Yipes Communication Property Management Transwestern Angie Sterry 713.960.1713 Angie.Sterry@transwestern.com Leasing Information Louann Pereira 713.272.1267 Louann.Pereira@transwestern.com Nina Guerre 713.231.1575 Nina.Guerre@transwestern.com Doug Little 713.272.1284 Doug.Little@transwestern.com
10 2425 West Loop South - West Loop Plaza Location: Developer: Management: Recorded Owner: AKA 2425 W 610 Loop S West Loop Cluster Post Oak Park Submarket Harris County Houston, TX 77027 HN Properties, Limited - 2425 West Loop LP Building Type: Class B Office Status: Built 1980 Stories: 11 RBA: 281,590 SF Typical Floor: 26,500 SF Total Avail: 241,499 SF % Leased: 22.9% Expenses: 2012 Tax @ $1.61/sf; 2008 Ops @ $9.74/sf, 2013 Est Ops @ $8.75/sf Parcel Number: 0451400060400 Parking: 947 Covered Spaces @ $40.00/mo; Reserved Spaces @ $60.00/mo; Ratio of 3.37/1,000 SF Amenities: Atrium, Balconies, Banking, Card Key Access, Conferencing Facility, Food Service, On Site Management, Security System Floor P 1st / Suite 100 P 1st / Suite 110 P 1st / Suite 150 P 2nd / Suite 220 E 3rd / Suite 300 E 4th / Suite 400 P 5th P 5th / Suite 585 P 6th / Suite 600 P 7th / Suite 700 E 8th / Suite 800 SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy 4,234 4,234 4,234 $20.00/nnn Vacant 3-5 yrs 3,407 3,407 3,407 $20.00/nnn Vacant 3-5 yrs 7,628 7,628 7,628 $20.00/nnn Vacant 3-5 yrs 6,544 6,544 6,544 $20.00/nnn Vacant 3-5 yrs 25,496 25,496 218,846 $20.00/nnn Vacant 3-5 yrs 26,477 26,477 218,846 $20.00/nnn Vacant 3-5 yrs 21,629 21,629 218,846 $20.00/nnn Vacant 3-5 yrs 840 840 840 $20.00/nnn Vacant 3-5 yrs 21,465 21,465 218,846 $20.00/nnn Vacant 3-5 yrs 20,669 20,669 218,846 $20.00/nnn Vacant 3-5 yrs 24,449 24,449 218,846 $20.00/nnn Negotiable 3-5 yrs Term Type This copyrighted report contains research licensed to Transwestern - 523890. 8/11/2014 Page 12
11 4747 Bellaire Blvd - The Offices at Pin Oak Park Location: Developer: Management: Recorded Owner: AKA 6700 W Loop Bellaire Cluster Bellaire Submarket Harris County Bellaire, TX 77401 Hansen Partners - Pin Oak South Parcel Ll Llc Building Type: Class B Office Status: Built 1979, Renov 2003 Stories: 5 RBA: 76,222 SF Typical Floor: 15,254 SF Total Avail: 15,639 SF % Leased: 82.4% Expenses: 2014 Combined Tax/Ops @ $10.63/sf; 2012 Est Ops @ $10.52/sf Parcel Number: 0370520100001 Parking: Reserved Spaces @ $60.00/mo; 320 free Covered Spaces are available; 10 Surface Spaces @ $45.00/mo; Ratio of 3.00/1,000 SF Amenities: 24/7 Building Access, Card Key Access, Energy Star Labeled, On Site Management, Security System Floor P 1st / Suite 130 P 1st / Suite 132 P 2nd / Suite 210 P 2nd / Suite 240 P 2nd / Suite 260 P 3rd / Suite 347 P 3rd / Suite 375 P 5th / Suite 550 P 5th / Suite 575 SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy 1,273 1,273 1,273 $24.50/fs Vacant Negotiable 664 664 664 $24.50/fs Vacant Negotiable 1,709 1,709 1,709 $24.50/fs Vacant Negotiable 933 3,160 3,160 $24.50/fs Vacant Negotiable 2,227 3,160 3,160 $24.50/fs 11/2014 Negotiable 1,668 1,668 1,668 $24.50/fs Vacant Negotiable 751 751 751 $24.50/fs Vacant Negotiable 2,811 2,811 2,811 $24.50/fs Vacant Negotiable 3,603 3,603 3,603 $24.50/fs Vacant Negotiable Term Type This copyrighted report contains research licensed to Transwestern - 523890. 8/11/2014 Page 14