NEC of Highway 290 & Skinner Road, Texas Rebecca Le Rachael Keener 281.477.4300 Retail & Office Space Available Leasing Tenant Representation Development Land Brokerage Acquisition Property Management
Building is designed to be LEED certified. The Leadership in Energy and Environmental Design (LEED) Green Building Rating System, Village Station established by the United States Green Building Council, is the Cy-Fair Sports Association nationally accepted benchmark for the design, construction, and operation of high performance green buildings. LEED gives building owners and operators the tools they need to have an immediate and Bymeasurable combining impact innovative commercial, and residential on retail, their buildings performance. spaces, Village Station has become the first life-centric Huntsville development to the trade area and the first transit-oriented, mixed Project Size: Retail: 9,000 SF use development in Houston. The development comprises 100,000 Residential: 273 units SF of retail and office space, a Metro 1,500 space parking structure, Metro Parking Structure: 1,500 spaces and 273 high-end residential lofts, creating a vibrant and dynamic destination to live, shop, and ride Metro. Available: Retail Space: 1,050 15,480 SF Sysco Business Services is located adjacent to Village Freestanding 3,933 SF & 5,434 SF Station and has 1,500 employees.building: 6.14 Built out office suites: Barker Rd. Project Size rin Sp g Skinner Rd. NEC of Hwy. 290 & Skinner Rd. Houston, Texas s es r yp C Retail: 90,000 SF Traffic Counts: 1960 Available Willis Freestanding building: 3,933 SF & 5,434 SF Housing:Village Station, Annual the housing starts 5 Miles: mixed 1,806 first transit-oriented use Built-out office suites: 795 SF Annual housing suburb, closings is5 located Miles: at 1,641 class A development in Houston the northeast Cleveland Rebecca Le of 4Road quarterin 2012 corner of HighwaySource: 290Metrostudy as and Skinner, Texas. The Traffic Counts development 79,550 square 115,000 CPD oncombines US 290 W. of Skinner Rd.feet of retail and office th 281.477.4327 rle@newquest.com Conroe 45 290 6 space, CPD a Metro 1,500 parkingrd. structure, and 273 high-end 121,000 on US 290space E. of Skinner Rachael Keener 610 residential lofts, Source: TXDOT 2012 281.477.4313 rkeener@newquest.com creating a vibrant and dynamic destination to live, shop, and ride Metro. By combining innovative retail, commercial, 45 Housing and residential spaces, Village Station has become the first Annual housing starts 5 miles: 1,942 life-centric development to the trade area. The Woodlands 249 Source: TXDOT 2012 Retail space: 1,177 5,360 SF 249 105 115,000 cars per day on US 290 W. of Skinner Rd. 121,000 cars per day on US 290 E. of Skinner Rd. Jarvis Rd. 290 795 SF 99 Annual housing closings 5 miles: 1,882 Future 99 nd Source: Metrostudy as of 2Services quarter 2015 Sysco Business is located adjacent to Village Station and has 1,000 employees. Tomball 4.15 Special Features: Building is designed to be LEED The Leadership Demographics 1.00certified. Mi 2.00 Mi 3.00inMiEnergy and Environmental Green Building System, Current Population Design (LEED) 33,145 72,212 Rating 185,381 in g ton Cou nt 36 yr d/ Hem Rd 1960 249 Barke r Old Wa sh Skinner Rd Rd ress Cyp g in Spr Hw nationally accepted benchmark for the design, construction, and Average Household Income $129,192 $123,699 $115,605 Projected 2.3% LEED gives 2.2% building operationgrowth of high2015-2020 performance2.3% green buildings. owners and operators the tools they need to have an immediate and measurable impact on their buildings performance. TOLLWAY 59 pst ead established by the United States Green Building is the Current Households 10,943 23,192 Council, 60,513 Cy-Fair Sports Association TOLLWAY Jarvis Rd y 99 6 45 290 Shop 90 610 TOLLWAY 290 10 Katy 6.14 Houston Dine Live Project Size: Retail: Commute 9,000 SF Residential: 273 units Metro Parking Structure: 1,500 spaces Rachael Keener Rebecca Le 281.477.4313 281.477.4327 Available: Retail Space: 1,050 15,480 SF rkeener@newquest.com rle@newquest.com Freestanding building: 3,933 SF & 5,434 SF 10 Built out office suites: TOLLWAY 59 795 SF B
Village Station CYPRESS BY THE NUMBERS is in northwest Harris County and located completely inside the extraterritorial jurisdiction of the City of Houston. The urban cluster ranks 50th in the top 100 highest-income urban areas in the United States. 28.8% HISTORIC ANNUAL GROWTH FROM 2000-2014 *2 mile radius 2 Mile Radius 2010 Census Population: 21,238 2014 Estimated Population: 33,941 2014 Average Income: $132,293 2010 Housing Units: 7,772 2014 Median Age: 33.3 3 Mile Radius 2010 Census Population: 48,106 2014 Estimated Population: 51,159 2014 Average Income: $126,945 2010 Housing Units: 17,445 2014 Median Age: 33.2 CYPRESS Grand Parkway Opening of the northern segments of Texas 99 in 2015. When completed, it will be the longest beltway in the U.S., (170 miles) and the third (outer) loop to the Houston metro. 5 Mile Radius 2010 Census Population: 142,525 2014 Estimated Population: 151,569 2014 Average Income: $117,335 2010 Housing Units: 49,820 2014 Median Age: 33.9 HOUSTON MOVES NORTHWEST $2.4 Billion U.S. 290 Expansion Rebuild and widen U.S. 290 (Northwest Freeway from I-610 to Waller, Texas) 38 miles currently under construction, completion in 2017 *2000-2012 U.S. Census with 2014 estimates and 2019 projections. U.S. Postal Service Delivery Statistics as of 12/2014. This data was produced from private and government sources and deemed to be reliable. The information is provided without representation or warranty. $2.3 Billion Hempstead Tollway / Future Rail Build a new 24 mile toll road from I-610 to TX 99 (Grand Parkway) Construction to begin after the completion of U.S. 290 project Proposed commuter rail and hike & bike trail included in plan HOUSTON
Village Station RESIDENTIAL AERIAL Houston Premium Outlets Fairfield (SE Side) Price Range $111K - $650K 2,288 Homes Friendswood Development Co. Villages of Lakes Price Range $105K - $1.2 Million 2,086 Homes Sydney Harbour Price Range $229K - $347K 485 Homes Stablewood Price Range $171K - $287K 833 Homes Point Price Range $67K - $311K 1,194 Homes Northlake Forest Price Range $179K - $286K 441 Homes Medical Entertainment Dining Mill Price Range $84K - $203K 1,516 Homes Towne Center Cy-Fair Town Center Woods HS 3,290 Students Spillane Middle 1,390 Students Coles Crossing Price Range $146K - $558K 2,526 Homes 101 Townhomes SITE Sysco Business Services Aprox. 1,700 Employees Bridgeland Price Range $180K - $1.1 Million 2,129 homes (1Q/2015) 20,000 homes when completed By the Howard Hughes Corporation Blackhorse Ranch Price Range $152K - 1.1 Million 842 Homes (1Q/2015) Coles Crossing Shopping Center 6.15 4.14
Village Station SITE AERIAL 4.15 4.15
Village Station SITE PLAN SP193 9.15.15
Village Station 2000-2010 Census, 2015 Estimates with 2020 Projections Delivery Statistics as of 6/15 DEMOGRAPHICS 2.00 Mi 3.00 Mi 5.00 Mi Summary Data Census 2010 Households 7,180 16,392 46,017 Current Households 10,943 23,192 60,513 Census 2010 Average Persons per Household 3.03 3.11 3.06 Census 2010 Population 21,747 51,046 141,033 Current Population 33,145 72,212 185,381 RESIDENTIAL DEMOGRAPHICS Origination Data Current Households 10,943 23,192 60,513 Census 2010 Households 7,180 16,392 46,017 1 Person Household 15.31% 13.36% 13.58% 2 Person Household 27.84% 27.08% 28.60% 3 Person Household 18.35% 19.29% 19.78% 4 Person Household 23.30% 24.02% 22.51% 5 Person Household 10.54% 10.84% 10.15% 6 or More Person Household 4.66% 5.41% 5.38% Other Facilities 100.00% 78.73% 31.09% Owner-Occupied Housing Units 80.53% 85.49% 84.96% Renter-Occupied Housing Units 19.47% 14.51% 15.04% POPULATION 2015 Current Population 22,649 52,073 151,156 2010 Census Population 20,735 47,454 138,558 Projected Growth 2015 to 2020 2.3% 2.3% 2.2% AGE 2015 Median Age 33.4 33.2 33.7 RACE AND ETHNICITY 2015 Estimated White 72.5% 71.7% 70.2% 2015 Estimated Black or African American 9.9% 10.4% 11.2% 2015 Estimated Asian or Pacific Islander 9.8% 9.9% 9.6% 2015 Estimated American Indian or Native Alaskan 0.4% 0.4% 0.4% 2015 Estimated Other Races 7.3% 7.6% 8.6% 2015 Estimated Hispanic 18.5% 19.4% 20.7% INCOME 2015 Estimated Average Household Income $129,192 $123,699 $115,605 2015 Estimated Median Household Income $113,701 $108,863 $98,519 2015 Estimated Per Capita Income $42,471 $40,627 $38,662 EDUCATION (AGE 25+) 2015 Estimated Elementary (0 to 8) 4.4% 4.5% 5.2% 2015 Estimated Some High School (9 to 11) 5.8% 5.4% 5.6% 2015 Estimated High School Graduate 14.3% 14.4% 16.0% 2015 Estimated Some College 16.9% 17.4% 18.3% 2015 Estimated Associates Degree Only 5.0% 5.3% 5.4% 2015 Estimated Bachelors Degree Only 29.0% 28.7% 26.8% 2015 Estimated Graduate Degree 24.5% 24.3% 22.7%
Qtr Historical Housing Activity Summary Village Station - 5 Mile Radius Qtr Ann Total Qtr Ann Clos Clos Model FinVac UC Total Inv Supply Starts Starts VDL VDL Supply Fut Lots 2Q11 327 1,256 79 309 307 695 6.6 364 1,206 3,267 32.5 2,749 3Q11 363 1,259 82 280 304 666 6.3 328 1,198 3,198 32.0 2,764 4Q11 287 1,227 78 305 267 650 6.4 271 1,240 3,005 29.1 2,913 1Q12 342 1,319 79 270 310 659 6.0 351 1,314 2,696 24.6 3,223 2Q12 368 1,360 76 293 512 881 7.8 590 1,540 2,507 19.5 3,417 3Q12 508 1,505 72 269 527 868 6.9 495 1,707 2,413 17.0 3,102 4Q12 442 1,660 74 290 485 849 6.1 423 1,859 2,079 13.4 3,765 1Q13 374 1,692 72 341 566 979 6.9 504 2,012 1,920 11.5 4,157 2Q13 494 1,818 67 281 705 1,053 7.0 568 1,990 1,625 9.8 4,619 3Q13 552 1,862 58 239 696 993 6.4 492 1,987 1,652 10.0 4,543 4Q13 573 1,993 55 181 664 900 5.4 480 2,044 2,118 12.4 4,599 1Q14 458 2,077 57 156 662 875 5.1 433 1,973 2,179 13.3 4,400 2Q14 544 2,127 55 131 783 969 5.5 638 2,043 1,513 8.9 5,570 3Q14 531 2,106 54 174 777 1,005 5.7 567 2,118 1,710 9.7 5,801 4Q14 525 2,058 56 162 647 865 5.0 385 2,023 2,304 13.7 5,126 1Q15 356 1,956 59 199 734 992 6.1 483 2,073 2,463 14.3 5,650 2Q15 470 1,882 66 224 739 1,029 6.6 507 1,942 2,285 14.1 5,324 Ann Lot Deliv 1,441 1,190 1,144 678 772 922 933 1,236 1,108 1,226 2,083 2,232 1,931 2,176 2,209 2,357 2,714 B Information About Brokerage Services 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. efore 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 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. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee s records. 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 / 10-10-11 Houston Residential Survey (2Q15) Copyright Metrostudy
newquest.com Leasing Tenant Representation Development Land Brokerage Acquisition Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040 281.477.4300 The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. Rev. 11/19/15 jc