SAN JACINTO RIVER
OFS International LLC Inspection Oilfield Services Independent Inspection Services LLC (IIS) CHANNELVIEW COMPLEX
SwingBy Gas Station
EDGEWOOD VILLAGE Home Prices up to $225K
Gene Green Beltway 8 Park
SYNC at Liberty Hills Apts
Bibo's Cafe La Sirena Mariscos Je' Taime Hair Normandy Dental Associates, LLP
LIBERTY LAKES
Home Prices up to $250K
Bridgecrest Rehabilitation Suites
±6.8 ACRES Available
Under Contract ±5.6 ACRES
FUTURE DEVELOPMENT 550,000 SF RETAIL
Available
15,250 CP
F UT UR E M F ±350 UNITS D
NEW FOREST
Home Prices up to $250K
UVALDE RD
E
RL
BU
±12.4 acres at Beltway 8 and Uvalde Houston, TX 77049 OFFERING MEMORANDUM
N SO
ND
BE
DR
NEW FOREST
PKWY
Property Details Property Details LOCATION Beltway 8 and Uvalde, Houston, TX 77049 LAT., LONG. 29.827566, -95.178353 TOTAL SIZE ±12.4 Acres PARCEL ID 0440430000060 COUNTY Harris
SITE
DETENTION Regional Detention UTILITIES Available PRICE TBD by market
2017 Tax Rates 15 GALENA PARK ISD
1.563300
23 SHELDON ISD
1.470000
40 HARRIS COUNTY
0.418010
41 HARRIS CO FLOOD CNTRL
0.028310
42 PORT OF HOUSTON AUTHY
0.012560
43 HARRIS CO HOSP DIST
0.171100
44 HARRIS CO EDUC DEPT
0.005195
47 SAN JACINTO COM COL D
0.183335
HOUSTON Development Opportunity in Southeast Houston • Part of major retail development consisting of 550,000 SF of retail
Distance to Major Employment Areas • LyondellBasell - Channelview Complex: 3.5 miles
193 HC MUD 285
0.720000
670 HC EMERG SRV DIST 60
0.049300
• One of the largest petrochemical facilities on the Gulf Coast, covering an area of almost 3,900 acres
672 HC EMERG SRV DIST 2
0.029700
• Two large manufacturing facilities and a workforce of more than 2,000 people
4.650810
• Payroll and benefits of more than $156 million per year
Total
• Goods and services purchases of approximately $824 million per year • Property tax payments of more than $30 million annually • Port of Houston: 5 miles
2017 Demographics EST. POPULATION
0-1 mile
0-3 miles
0-5 miles
8,719
89,843
173,368
5-YR EST. POPULATION GROWTH
5.39%
6.63%
6.52%
AVERAGE HOUSEHOLD INCOME
$63,926
$68,264
$62,530
MEDIAN OWNER-OCCUPIED HOUSING VALUES
$140,191
$121,645
$114,563
±12.4 ACRES AT BELTWAY 8 AND UVALDE
• Houston is a gateway for trade to Mexico, Canada and the enormous expanding markets of Latin America. The region also is a transportation hub to the U.S. heartland due to its equidistant location between the U.S. East and West coasts. Houston’s geographic advantages and proximity to major population centers throughout the U.S. Midwest makes it an ideal venue to set up manufacturing and logistics facilities with fewer supply chain costs. • Generation Park: 6 miles • 4,000-acre master-planned commercial park
2
Property Survey
±6.8 ACRES Available
±12.4 ACRES AT BELTWAY 8 AND UVALDE
Under Contract
±5.6 ACRES Available
FUTURE M F ±350 UNITS
3
Aerial: Southeast
WALLISVILLE RD
Lance Corporal Anthony Aguirre Junior High
The Shops at Stone Park New Forest Crossing Shopping Center
CARPENTERS LANDING Home Prices up to $221K
North Shore Senior High School Bibo's Cafe La Sirena Mariscos Je' Taime Hair Normandy Dental Associates, LLP
NEW FOREST
Home Prices up to $299K
Bridgecrest Rehabilitation Suites
Dr. Shirley J. Williamson Elementary School
±6.8 ACRES Available
OREST
NEW F
Under Contract
PKWY NEW FOREST
±5.6 ACRES
Home Prices up to $250K
Available
FUT URE MF ±350 UNITS
FUTURE DEVELOPMENT LOPMENT 550,000 SF RETAIL ETAIL
New Forest Crossing Shopping Center
The Shops at Stone Park
PD
E UVALD
RD
50 C
15,2
±12.4 ACRES AT BELTWAY 8 AND UVALDE
4
Highlights
Capital Investment The Port Houston area continues to exhibit strong market fundamentals. Much of the market activity is driven by the strong downstream sector and petrochemical boom, which provides strategic advantages to East Houston. Under Construction Bayport Wharf #2, the fourth wharf at the terminal, is currently under construction, and Barbours Cut Wharf #2 reconstruction is in progress. Expects to invest $333 million in capital projects over 2017 and 2018, including adding Post-Panamax cranes where needed
1.2 million jobs are provided by the port
Home to the 2nd largest petrochemical complex in world
$265 billion in economic impact
Home to the largest petrochemical complex in the U.S.
$314M infrastructure improvement plan was recently begun
2018 saw a six percent increase from 2017 of container TEU through the first six months of 2018
No. 1 U.S. port in foreign waterborne tonnage
Operating revenues of
No. 1 port in the U.S. Gulf Coast by TEU throughput
set two monthly records during the first half of 2018
$179,000,000
8,300+ vessel calls, 20,000+ ship movements, and 200,000+ barge transits annually
Industrial Market
Q2 2018 Data from Colliers More than 12.3 million SF of industrial space is currently under construction, much of that in the form of distribution and logistics facilities Houston’s industrial market posted 231,558 of negative net absorption in the second quarter; the negative absorption as a percentage of the total existing industrial inventory is a small number and was mostly the effect of tenants relocating to newly delivered space, leaving older space vacant Tenants that relocated or expanded into newly constructed space during Q1 2018 include B&H Bag Company (186,306 SF) in the Northwest Outliers submarket, Evoqua Water Technologies (107,000 SF) in the North Hardy Toll Rd submarket and ThyssenKrupp (71,916 SF) in the North Fwy/ Tomball Pky submarket
Âą12.4 ACRES AT BELTWAY 8 AND UVALDE
5
Markets
74%
Foreign Trade Sub Zones
PLASTICRESINS manufactured in the U.S come out of Houston
Resins/plastics and chemicals/minerals account for 46.7 percent of Port Houston’s exported TEUs (twenty-foot equivalent unit) An estimated 250,000 TEUs in new exports will be created by 2019 as newly delivered petrochemical projects ramp up production
Development Since 1986, the number of businesses in Houston engaging in international trade has grown from 1,963 to more than 3,250
LyondellBasell/Channelview Complex
Contanda Terminals
Companies cite the cheap cost of fuel, the large inventory of natural gas liquids available as well as access to foreign markets through exports as a source of growth in the petrochemical industry
One of the largest petrochemical facilities on the Gulf Coast, covering an area of almost 3,900 acres Two large manufacturing facilities and a workforce of more than 2,000 people
Signed a multiyear commercial agreement with the Port of Houston Authority for 339 acres on the Houston Ship Channel Provider of bulk liquid storage and logistics services
Payroll and benefits of more than $156 million per year
Already operates three storage terminals in the Houston area
1.0 million square feet for Ikea
Goods and services purchases of approximately $824 million per year
Pontikes Development
960,000 square feet for Katoen Natie
LyondellBasell/Petrochemical plant
Planning a 3.0 million-square-foot- multimodal logistics and distribution center on 246 acres
Projects soon to break ground:
Broke ground on Aug. 22, 2018 on a $2.4 billion petrochemical plant near the Houston Ship Channel, the largest factory of its kind in the world
The first phase of the 3 million-square-foot development is expected to deliver in the third quarter of 2018
Projects recently completed:
750,000 square feet for Ravago Americas 500,000 square feet for Vinmar
Would create some 2,500 construction jobs and 160 permanent positions at the plant Their most expensive project ever at $2.4 billion
Âą12.4 ACRES AT BELTWAY 8 AND UVALDE
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Area Highlights 4,000-acre master-planned commercial park driving the expansion of one of Houston’s fastest growing economic and residential corridors, Lake Houston
GHX INDUSTRIAL, LLC (RENDERING)
Lockwood Business Park • Located at 13300 Lockwood Road, just south of West Lake Houston Parkway and across from TechnipFMC’s 173-acre campus • Three build-to-suit industrial and flex-office buildings available for lease with space available from ±6,400 to 57,600 SF 250 Assay Street • 86,523 SF mixed-use office building GHX Industrial, LLC • Expected to move into their new 143,500 SF Houston distribution center and headquarters in Lockwood Business Park at the end of 2017
250 ASSAY STREET
• Will include 121,000 square feet of warehouse and shop space and 22,500 square feet of office space McCord Development • Recently occupied their new headquarters on the 2nd floor of 250 Assay St this year (2017) Apache Industrial Services, Inc. • Preparing to move into the 4th and 5th floors of 250 Assay Street, with occupancy expected before the end of 2017 San Jacinto College • Recently closed on 57 acres at Generation Park, just across Lockwood Road from the TechnipFMC campus
TECHNIP FMC
TechnipFMC (formerly FMC Technologies) • Part of TechnipFMC, after a merge with Technip in 2017 • Produce equipment for exploration and production of hydrocarbons • Named by Fortune (magazine) as the World’s Most Admired Oil and Gas Equipment, Service Company. • 20,000 employees worldwide; they plan to transition all 3,700 Houston-area employees to the Generation Park facility (an approximately 173-acre campus)
±12.4 ACRES AT BELTWAY 8 AND UVALDE
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Our Team David Marshall
Tim Dosch
Tom Dosch
Principal david@dmre.com 713.955.3126
Principal tim@dmre.com 713.955.3127
Principal tom@dmre.com 713.955.3125
JP Hayes
Clark Dalton
Senior Vice President jp.hayes@dmre.com 713.955.4473
Senior Vice President clark.dalton@dmre.com 713.955.3122
Marketing & Operations Team Courtney Ray Marketing Director
Âą12.4 ACRES AT BELTWAY 8 AND UVALDE
Jessica Mercado
Joann Lim
Jessica Lukert
Administrative Coordinator
Marketing Coordinator
Administrative Coordinator
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B
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.
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.
(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.
(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
(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;
(1) shall treat all parties honestly;
Date
TREC No. OP-K
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)
Buyer, Seller, Landlord or Tenant
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
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
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 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.
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.
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:
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.
10-10-11
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Contact Us
www.dmre.com
Houston:
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713.955.3120
775.815.7387
254.913.1931
777 Post Oak Blvd, Suite 255 Houston, TX 77056
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