Location

The Property is situated on 13.577 acres of land on Northpark Drive in Kingwood, Texas. The Property is approximately 500 feet east of Loop 494 and ½ mile east of US-59, providing excellent access to major thoroughfares. The Property also benefits from its close proximity to multiple entertainment options including Oakhurst Country Club, Kingwood Country Club and Lake Houston Wilderness Park. In addition, the Property is within New Caney ISD, a Recognized school district.

Strong Demographics

• Projected 14% population growth by 2016 within one mile of the Property
• Average household income is $88,050 within three miles of the Property
• The median housing value is $157,791 within five miles of the Property

Prominent Employment Centers In Close Proximity

Major Employers (Distance from Property)

• Insperity (1.5 miles)/900 employees
• Kingwood Medical Center(less than 2 miles)/800-900 employees
• Kingwood Pines Hospital(less than 3 miles)/150 employees
• Kingwood Memorial Hermann Surgical Center(2 miles)

Bush Intercontinental Airport (8 miles from Property)

• Located within the Greenspoint Business District
• Generates an estimated regional economic impact of $19 billion
• Responsible for approximately 150,000 jobs and over $5 billion in payroll  
• 8th busiest airport in the nation
• Named the fastest growing airport among the top ten major airports in the nation
• Operations are projected to nearly double by 2017

Greenspoint (15 miles from Property)

• Covers 12 square miles, hosts Bush Intercontinental Airport
• 4,400 business establishments, 20 major companies, 70,000 employees
• Major employers (employees) include Exxon Mobil(1,800), UPS (4,300), Baker  Hughes (1,600), Halliburton (1,300), and Continental Airlines (700)
• Approximately 80 energy related companies
• 18 million square feet of retail, office, and industrial space  

Retail and Entertainment

• Deerbrook Mall - 1.4M SF, 140 stores anchored by Dillards, Macy’s, Barnes & Noble, and an AMC 24 theatre 
• Wal-Mart, Kroger and Home Depot

Oakhurst Country Club

• Originally opened as Brentwood Country Club in 1994
• Underwent $1.5 million in renovation in 2004

Cypresswood Golf Club

• 36 – hole golf facility
• Situated on over 800 acres of rolling, heavily wooded terrain

Lake Houston Wilderness Park

• 4,986 acre wilderness
• 12 miles of hike and bike trails
• 8 miles of equestrian trails and camping facilities

Jesse H. Jones Park & Nature Center

• Over 300 acres
• Includes nature center, boardwalk and trails, canoe launch and picnic areas

Excellent Education

New Caney ISD

• 11,000 students
• 9 elementary schools
• 2 middle schools
• 2 high schools

 
Lone Star College

• 11,000 students currently enrolled with plans for expansion

Grand Parkway Extension

• State Highway 99 is a proposed 180+ mile circumferential scenic highway that travels through seven counties by surrounding the Greater Houston region
• Segment G is a proposed 13.7 mile, four-lane, controlled access toll road with intermittent frontage roads from I-45 (N) to US 59 (N) through Harris and Montgomery Counties
• Access to Grand Parkway Extension will be approximately 5 miles north of Property
• Construction is scheduled to start in 2013
• Grand Parkway open to traffic scheduled 2015