Future Development Adjacent to Property

• 35 story mixed-use project on 1.7 acres
• Luxury multifamily high-rise (250 units)
• 12,500 sf of ground-floor retail and upscale restaurants
• Construction projected to begin in summer 2012

 Accessibility

• In close proximity to Greenway Plaza, one of Houston’s largest employment centers
• Houston’s Light Rail “University Line” will pass 2,200 feet south of the Property on Richmond as early as 2012 providing a new marketing demographic including all university students in the Texas Medical Center, Rice University, University of Houston, and Texas Southern University
• Surrounded by The River Oaks neighborhood, Greenway Plaza office district, and the Highland Village retail center  
• Less than 6 miles from all of Houston’s major thoroughfares including US 59, 610, Interstate 45, Interstate 10, and Hwy 288

Major Employment Centers

Greenway Plaza

• Less than a mile from Property
• 4,250,641 square feet of office space
• Ten Class A office buildings
• Excellent access to US 59, I-45, Loop 610, and I-10
• 50 acres of real estate
• Hosts over 25,000 employees and 755 companies

Texas Medical Center

• Located approximately 5 miles southeast of the Property
• Largest medical complex in the world covering 1,000 acres
• 28 million square feet of commercial space
• Hosts 13 highly esteemed hospitals
• 73,600 employees, including 10,000 doctors
• More than 100,000 students
• $7.1 billion expansion projected to create 30,000 jobs through 2014

Uptown/Galleria

• Located approximately two miles west of the Property
• 23.6 million square feet of commercial office space
• Hosts over 200,000 employees and 2,000 companies
• 17th largest business district in nation
• Major Employers include 3D/International, Air Liquide America, Apache Corporation, BHP Billiton, Clear Channel, Dow Chemical, Duke Energy, General Electric, Hines and Marathon Oil Corporation

Central Business District

• 6 miles east of Property
• 190,000 employees
• $4 billion invested in CBD since 2000
• $1 billion in development under construction, $760 million in       pre-development phase
• Hosts 10 of Houston’s 25 Fortune 500 headquarters
• 44 million square feet of office space
• Major employers include Chevron, Shell, El Paso Energy, KBR, Reliant Energy, and JPMorgan
• 1.8 million square feet of Class A office space under construction

Local Retail and Entertainment

Highland Village

• Less than a mile northwest of Property
• Highland Village major retailers include H-E-B’s Central Market, Cole Haan, Crate & Barrel, Williams-Sonoma, Smith and Wollensky, P.F. Chang’s China Bistro, Starbucks, Banana Republic, Victoria’s Secret, Joseph A. Bank, Pottery Barn, Restoration Hardware, Gap, and Harold Powell
• Retail rents in Highland Village range from $40 to $50 per square foot    

Uptown Park

• Less than 3 miles northwest of Property
• Considered one of Houston’s most prestigious lifestyle centers  
• 160,000 square feet of high-end retail boutiques, as well as multiple dining options, from casual eateries to chic restaurants McCormick and Schmicks and Arturo’s

Galleria Mall

• Less than 2 miles west of Property
• More than five million square feet of retail space
• 4th largest mall in the nation
• Whole Foods Market planned at the southwest corner of San Felipe and Post Oak (2 miles northwest of Property)
• Approximately 1,000 stores
• Boasts Houston’s most prestigious shopping including stores such as Neiman Marcus, Cartier, Hermes of Paris, Saks Fifth Avenue, Louis Vuitton, Ethan Allen, and Houston’s only Nordstrom

Greenway Commons

• 1/4 mile from the Property
• 258,000 sf development anchored by Costco and LA Fitness
• Other tenants include Buffalo Wild Wings, Dunn Bros Coffee, Bullritos to name a few

Memorial Park

• 3 miles north of Property
• Comprised of 1,466 acres
• Considered to be one of the largest urban parks in the U.S.  
• 18 hole golf course
• 155 acre arboretum and nature center
• 6 miles of bike trails
• Includes tennis courts, playing fields, fitness center, and a swimming pool.