Commercial Quarterly Retail | Office | Industrial | Multifamily | Land | Hospitality
Commercial Real Estate Quarterly Review
3rd Quarter
2010
www.OldhamGoodwin.com
Commercial Quarterly 3rd Quarter 2010
Table Of Contents
Property Items Explained........................................................................................................................................................................................ 3 Property Spotlight: Commercial............................................................................................................................................................................ 4 Commercial Properties For Sale............................................................................................................................................................................ 5 Property Spotlight: Urban Land............................................................................................................................................................................. 7 Urban Land For Sale............................................................................................................................................................................................... 8 Property Spotlight: Recreational & Farm/Ranch Land.....................................................................................................................................13 Recreational & Farm/Ranch Land For Sale........................................................................................................................................................14 Property Spotlight: Multifamily...........................................................................................................................................................................15 Multifamily Properties For Sale............................................................................................................................................................................16 Property Spotlight: Office/Industrial - For Lease.............................................................................................................................................17 Office Properties For Lease..................................................................................................................................................................................18 Industrial Properties For Lease.............................................................................................................................................................................21 Property Spotlight: Retail - For Lease.................................................................................................................................................................22 Retail Properties For Lease...................................................................................................................................................................................23
About the Cover:
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University Tech Plaza is a ~51,185 SF contact center in “plug and play” condition available for immediate occupancy. University Tech Plaza is located in the heart of the Research Valley (home to Texas A&M University and Blinn College) in Brazos County and home to the twin cities of College Station, Texas and Bryan, Texas. The Research Valley is located in the center of the Texas Triangle that is Dallas-Fort Worth, Houston and San Antonio (also includes Austin). University Tech Plaza is situated less than 2.5 miles from Texas A&M University (student population of ~48,000) on University Drive, the most heavily frequented thoroughfare in Bryan/College Station. The facility was constructed in 1999 for a major independent IT service provider and features the majority of the technological upgrades and features common to a contact center, including a 500 kW backup generator and independent fire suppression systems (H20 & Halon). The labor force in the Research Valley is one of the strongest in the State of Texas featuring college graduates from Texas A&M University and Blinn College. In addition, approximately 60,000 full time students attend class and call the Research Valley home, allowing a company to benefit from a low cost, educated labor pool. For more information, visit www.OldhamGoodwin.com.
Editor & Graphic Design: Dale Sandlin
Volume 2, Issue 3
© 2010 Oldham Goodwin Group, LLC. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projections, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. 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.
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979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Property Items Explained Featured Properties
303 Boyett | College Station
Location/Name: This box describes the address and city or the name of the available property.
New Listing
Property Status: This box descirbes whether the property is a New Listing, Sold or 100% Leased.
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Property’s Description: This box explains the property’s features.
Located In The Historical Northgate District • 10 Dedicated And Exclusive Parking Spaces • Rare Opportunity For Lease Space In The Northgate Historical District
Property’s Map Location: This icon indicates the property’s approximate location on the map.
Visit www.OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Property Spotlight: 3010 East Villa Maria | Bryan, Texas Offering Summary: Offering Price: Price Per SF:
$509,000 $114.43
Construction Features: Foundation: Reinforced Concrete Slab Frame: Metal Exterior Walls: Stone/Stucco Roof Structure: Metal Floor Coverings: Stained Concrete
Utilities:
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Office Building For Sale
Electric: Bryan Texas Utilities Water: Bryan Texas Utilities Sewer: Bryan Texas Utilities Telephone/Internet: Various Providers Natural Gas: Atmos Energy
Property Overview: Oldham Goodwin Group, LLC is pleased to present 3010 E Villa Maria Road for your consideration. This newly constructed office building comprised of approximately 2,800 SF of office space 1,200 SF of warehouse/storage area and is conveniently located near several major thoroughfares as well as Blinn College and St. Joseph Regional Health Center. The office area consists of exposed ceilings and an open floor plan that is ideal for architects, engineers, or other service companies but can also be easily modified to fit specific needs. In addition, the building has an attractive stone and stucco façade and glass storefront that allows for natural light.
Property Highlights: • • • • • •
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New Quality Construction, Built In 2008 Modern Open Area Office Floor Plan, High Exposed Ceilings Stone/Stucco Exterior With Glass Storefront Convenient Access To Several Major Thoroughfares High Growth Area Of Bryan Near Blinn College And Several New Developments Additional Storage Area Accessed Via Roll Up Overhead Doors
Clinton D. Oldham Senior Broker Associate Commercial Group 409.781.7734 clint@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Commercial Properties For Sale University Tech Plaza | Bryan
2100 William J. Bryan | Bryan
3010 East Villa Maria | Bryan
New Listing
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490 Plug & Play Cubes Installed & Transferred To New Tenant • 10:1,000 Parking • 2 Independent Power Feeds • 500 kW Generator For Full Facility Support • UPS Battery Backup For IDF/ IT Space
New Quality Construction, Built In 2008 • Modern Open Area Office Floor Plan, High Exposed Ceilings • Stone/Stucco Exterior With Glass Storefront • Convenient Access To Several Major Thoroughfares • High Growth Area Of Bryan
Well Maintained, Property In Overall Great Condition • Great Visibility & Exposure To High Traffic Counts • 7 Offices With A Very Large Reception Area
12785 FM 2154 | College Station
1404 W. Villa Maria | Bryan
United Plaza | College Station
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New High Quality Construction, Built In 2002 • Five (5) Self Service Bays, Five (5) Vacuum Bays, And One (1) Automatic Drive Through Bay • Well Established And Growing Customer Base
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New High Quality Construction, Built In 2005 • Five (5) Self Service Bays, Five (5) Vacuum Bays, And One (1) Automatic Drive Through Bay • Well Established And Growing Customer Base
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Great Opportunity For Investor Or Owner Occupier In An Irreplaceable Location • Significant Upside With Lease-Up Of Vacant Suites • Tremendous Location Close To Texas A&M University
RECENT TRANSACTIONS For More Information Contact:
Clinton D. Oldham
Oldham Goodwin represented the seller in the disposition of a ~50,000 SF Office Building near the San Antonio International Airport
Oldham Goodwin represented the buyer in the acquisition of a ~3,437 SF Office Building
Senior Broker Associate Commercial Group p 979.268.2000 f 979.846.7020 c 409.781.7734 clint@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Commercial Properties For Sale 3850 Corporate Center Drive | Bryan
Park Hudson Lots | Bryan
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Market Square Shopping Center | Brenham
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Ready To Develop Office Tracts In Upscale Park Hudson • All Utilities Available To Site • ~39,640 – ~54,014 SF • Architectural Controls And Deed Restrictions
Located In Class “A” Park Hudson Business Park • Shell Condition Lends Itself To A Custom Office Finish Out • Convenient Access To University Drive & SH 6 South • Architectural Controls & Deed Restrictions
~79,686 SF With Adjacent Pad Site • JC Penney Anchored Neighborhood Shopping Center • Potential Redevelopment Opportunity With Availability Of Grocery Box • Good Mix Of Local & National Tenants
3310 Longmire | College Station
601 S. Texas Avenue | Bryan
2706 S. Texas Avenue | Bryan
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Priced Competitively At Only $110.50/ SF • Property Is Part Of The Professionally Managed Longmire Business Park • ~7,000 SF With Over 4,000 SF Of Available Office Or Medical Space
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Highly Visible Property With Excellent Frontage On Texas Avenue • Glass Storefront With Large Lobby And Showroom Area • ~19,000 SF Of Office And Shop Space • Multiple Drive Through Shop Bays With Roll Up Doors
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Well Maintained, Property In Overall Great Condition • Great Visibility & Exposure To High Traffic Counts On Texas Avenue • Ingress And Egress From Multiple City Thoroughfares • Move In Ready For Retail Bank Location Or Modifiable To Other Uses
RECENT TRANSACTIONS For More Information Contact:
Clinton D. Oldham
Senior Broker Associate Commercial Group p 979.268.2000 f 979.846.7020 c 409.781.7734 clint@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~121,689 SF Multi-Tenant Business Park
Oldham Goodwin represented the seller in the disposition of a ~53,628 SF Office Complex
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Property Spotlight: ~11 Acres On East 29th Street | Bryan, Texas Offering Summary: Offering Price: Price Per SF:
$1,600,000 $3.31/SF
Accessibility: Tract may be accessed via East 29th Street & Rustling Oaks Drive.
Visibility: Highly visible from East 29th Street.
Utilities:
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Commercial Development Land For Sale
Electric: Water: Sewer: Gas: Cable: Telephone:
Bryan Texas Utilities Bryan Texas Utilities Bryan Texas Utilities Atmos Energy Suddenlink Various Providers
Property Overview: This tract is one of the last premier commercial development sites near St. Joseph’s hospital in Bryan, Texas. At 11.10 acres, the platted tract is already zoned for medical clinics, medical offices and other general commercial uses. With frontage on one of Bryan’s major thoroughfares (East 29th), the tract boasts outstanding visibility and accessibility. St. Joseph’s hospital is the region’s largest medical provider and brings a tremendous amount of traffic past the site. Other notable neighbors include the Briarcrest Country Club and Blinn College (current enrollment exceeds 15,000).
Property Highlights: • • • •
Excellent Medical Development Property Strong Demographics & Traffic Counts One Of Few Remaining Undeveloped Tracts In Area Located On Major Commerce Thoroughfare In The Heart Of Bryan
Jesse C. Durden
Senior Sales Associate Land Group 979.492.0425 jesse@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Urban Land For Sale ~11 AC on East 29th Street | Bryan
New Listing
Tower Point Tract B | College Station
Tower Point Tract C | College Station
New Listing
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New Listing
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Excellent Medical Development Property • Strong Demographics & Traffic Counts • One Of Few Remaining Undeveloped Tracts In Area • Located On Major Commerce Thoroughfare
Outstanding Development Tract In Desirable South College Station • Within The New HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail Traffic Generators
Outstanding Development Tract In Desirable South College Station • Within The New HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail Traffic Generators
~1.93 AC on Highway 6 | Navasota
~7.4 AC on North Graham | College Station
~4.5 AC on Highway 6 | College Station
New Listing
New Listing
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Located On State Highway 6 • Adjacent To Nationally Flagged Best Western Hotel • Close Proximity To Numerous National Retailers
New Listing
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Close Proximity To Highly Traveled Wellborn Road • Regular Shape & Topography • Quick & Easy Access To State Highway 40
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Excellent Visibility Along State Highway 6 • ~29,000 VPD (per TXDOT) • Convenient Access To State Highway 6 South
RECENT TRANSACTIONS For More Information Contact:
Vernie D. Bodden
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.777.4641 vernie@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~617 AC recreational tract
Oldham Goodwin represented the seller in the disposition of a ~2.4 AC tract on Autumn Lake Drive
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Urban Land For Sale ~53 AC on Highway 290 | Waller
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Hotel & Conference Center | College Station
Boonville Town Center-Tract A | Bryan
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Regular Shape & Topography, Suitable For Development • Convenient Access to US 290 • Less Than 30 Minutes To Houston’s Metropolitan Area • Good Visibility & Paved Road Frontage • Situated Along High Growth Corridor
5 Floors • 167 Guest Rooms • ~23,000 SF Conference Center Building • ~400 LF Of Frontage Along Texas Avenue With Potential For More Additional Frontage Along Milliff Road • 3.956 Acres Of Prime Land
Planned Commercial Development • Ideal For Restaurant • Exceptional Location & Visibility • Next To New IHOP • ~70,000 Vehicles Per Day On Highway 6
Boonville Town Center-Tract B | Bryan
Boonville Town Center-Tract C | Bryan
Boonville Town Center-Tract D | Bryan
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Planned Commercial Development • Ideal For Retail Or Bank • Exceptional Location & Visibility • Architectural Controls • Great Neighborhood Corner
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Planned Commercial Development • Ideal For Multifamily Use • Exceptional Location & Visibility • Great Value On Interior Lot • Deed Restrictions
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Planned Commercial Development • Ideal For Restaurant Or Retail • Exceptional Location & Visibility • ~70,000 Vehicles Per Day on Highway 6
RECENT TRANSACTIONS For More Information Contact:
Jesse C. Durden
Oldham Goodwin represented the seller in the disposition of a ~1.27 AC tract to an IHOP Franchisee
Oldham Goodwin represented the seller in the disposition of a ~1.57 AC tract to Walgreens
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.492.0425 jesse@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Urban Land For Sale Boonville Town Center-Tract E | Bryan
Boonville Town Center-Tract F | Bryan
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~4.76 AC on Highway 21 | Caldwell
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Planned Commercial Development • Ideal For Restaurant/Hotel/Retail/Mixed Use • Exceptional Location & Visibility • Architectural Controls • Deed Restrictions
Planned Commercial Development • Ideal For Restaurant or Retail • Exceptional Location & Visibility • ~70,000 Vehicles Per Day on Highway 6
Located At Lighted Intersection On Highway 21 • Highly Visible Hard Corner • Adjacent To Proposed Nationally Flagged Hotel • Close Proximity To Highway 36 & Highway 21 Intersection
~2.3 AC on Arrington Road | College Station
~6 AC on Associates Avenue | College Station
~.95 AC on Texas Avenue | College Station
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Outstanding Development Tract In Desirable South College Station • Within The New HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail Traffic Generators
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Commercial Development • Quick Access To Highway 30 & SH 6 • Office/ Warehouse Users • Preliminary Site Plan & Master Preliminary Plat Created
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~.95 Acres On The Corner Of Redmond Drive & Texas • Prime Commercial Corner In The Heart Of College Station • Within ½ Mile Of Texas A&M University • All Utilities Available To Site
RECENT TRANSACTIONS For More Information Contact:
Vernie D. Bodden
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.777.4641 vernie@OldhamGoodwin.com
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Oldham Goodwin represented the buyer in the acquisition of a ~15 AC tract on Earl Rudder Freeway
Oldham Goodwin represented the buyer in the acquisition of a ~17 AC tract in Tower Point Development
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Urban Land For Sale 2112 W. Briargate Drive | Bryan
~3.72 AC on Texas Ave | College Station
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~3.92 AC on N. Earl Rudder Fwy | Bryan
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Well Situated & Highly Developable • In High Growth Corridor Of Northeast Bryan • All Utilities Available • Ideal For Restaurant Or Carwash User
Great Commercial Tract Centrally Located In College Station • Access From Texas Ave & Morgans Lane • Ideal For Hotel Or Office Development • All City Utilities Available
Highly Developable Commercial Tract • Located In High Growth Corridor Of Northeast Bryan • Highly Visible • Access From 2 Roads • Ideal For Office Development Or Car Lot
~.96 AC on William D. Fitch | College Station
~10 AC on FM 2818 | Bryan
~19.236 AC on Greens Prairie | College Station
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Located Directly On State Highway 40 (William D. Fitch Parkway) • Adjacent To Highly Successful Office Development • In Close Proximity To Many Subdivisions
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Located In Close Proximity To Texas A&M University • In Close Proximity To New Texas A&M Health Science Center • Ideal For Neighborhood Strip Retail Development • All Utilities Available
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Extremely Rare Large Tract Platted For Multifamily Development • Adjacent To Highly Successful Multifamily Project • Quick Access To FM 2154 (Wellborn) & State Highway 40
RECENT TRANSACTIONS For More Information Contact:
Jesse C. Durden
Oldham Goodwin represented the buyer in the acquisition of a ~2.86 AC tract on 29th Street in Bryan
Oldham Goodwin represented the seller in the disposition of a ~1 AC tract on Earl Rudder Freeway
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.492.0425 jesse@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Urban Land For Sale ~.522 AC on Greens Prairie | College Station
~6 AC on Clarks Lane | Bryan
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~12.69 AC on S. Ranch Road 620 | Austin
Adjacent To Established Office Building • Quick Access To FM 2154 (Wellborn) & State Highway 40 • Affordable Price Point • City Services And Utilities Available To Lot Line
Ideal Light Industrial Tract • Access From 2 Roads • All City Utilities Available • In Close Proximity To State Highway 6 & Highway 21
~4 AC on William J. Bryan Pkwy | Bryan
~2.4 AC on Wilkes Street | Bryan
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Highly Developable Tract In High Growth Corridor Of Northeast Bryan • Situated At A Signaled Intersection • Extrememly High Traffic Counts • All City Utilities Available • Ideal For Neighborhood Retail Or Hotel Use
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Highly Visible From State Highway 6 • All City Utilities Available • Ideal For Office Warehouse Or Mini Storage
Highly Visible On Ranch Road 620 • Located In The High Growth Community Of Lakeway, Texas • Located Adjacent To New Lakeway Regional Medical Center • Ideal For Medical Office Or Assisted Living Facility
The Land Group specializes in Urban Land as well as Recreational & Farm/Ranch Land. If you are considering buying or selling land, please contact me today to discuss your needs.
Jesse C. Durden
Senior Sales Associate Land Group 979.492.0425 jesse@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact: Site
Vernie D. Bodden
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.777.4641 vernie@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~120 AC of Industrial Land in Brenham
Oldham Goodwin represented the seller in the disposition of a ~6.5 AC of Multifamily Land in College Station
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Property Spotlight: ~153 Acres on Highway 21 Business | Kurten, Texas Offering Summary: Offering Price: $968,000 Price Per AC: $6,324.32 Seller Financing Available To Qualified Buyers
Utilities:
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Electric: Water: Sewer: Telephone:
Public Available Wixon Water Septic Various Providers
Recreational/Farm & Ranch Property For Sale Property Overview: Excellent recreational property in close proximity to Bryan/College Station. This property offers a nice mix of wooded and open pasture. Terrain on this property is slightly rolling to level. Two stock tanks provide an ample amount of surface water for wildlife and livestock. This property has good long-term investment potential with the possibility of future single family residential development.
Directions: From Highway 6, head East on Highway 21 for approximately 7 miles. Turn left onto Highway 21 Business. Property gate will be on left hand side of the road.
Accessibility: The property can be accessed via Highway 21 Business.
Vernie D. Bodden
Visibility: The tract has great visibility from Highway 21 & Highway 21 Business.
Senior Sales Associate Land Group 979.777.4641 vernie@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Recreational & Farm/Ranch For Sale ~16.67 AC on Narrow Way | College Station
New Listing
~4.2 AC on FM 158 | Millican
~164 AC on FM 2818 | Bryan
New Listing
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Close Proximity To State Highway 6 • Directly In The Projected Growth Path Of The City Of College Station
Close Proximity And Convenient Access To State Highway 6 • Directly In The Projected Growth Path Of The City Of College Station • Regular Shape, Suitable For Development
Commercial And PD-Housing Zoning • In Growing West Bryan, Near Lake Bryan • Nearly 1 Mile Of Frontage On FM 2818 • Strong Utility Service – Development Ready
~153 AC on Highway 21 Business | Kurten
~70 AC on Taylor Road | College Station
10658 CR 175 | Iola
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Excellent Recreational Property Close To Bryan/College Station • Offers Mix Of Wooded And Open Pasture • Two Stock Tanks • Good Long-Term Investment
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Ideal Recreational Tract • Located In Direct Growth Path Of College Station • New Fencing & Entrance • Rolling Topography With Large Trees
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Great Recreational Tract • ~5 Miles From College Station • Adjacent To Established King Oaks Development • Possibility For Future Commercial Use
RECENT TRANSACTIONS For More Information Contact:
Jesse C. Durden
Senior Sales Associate Land Group p 979.268.2000 f 979.846.7020 c 979.492.0425 jesse@OldhamGoodwin.com
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Oldham Goodwin represented the buyer in the acquisition of a ~53 AC tract for Commercial Expansion
Oldham Goodwin represented the seller in the disposition of a ~2 AC tract adjacent to Tower Point Development
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Property Spotlight: Briargrove Apartments | Bryan, Texas Offering Summary: Offering Price: Price Per Unit: Price Per SF: Occupancy: Existing Financing:
$1,099,000 $30,527 $33.58 86% Available on all cash basis
Construction Features: Foundation: Frame: Exterior Walls: Roof Structure: Floor Coverings:
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36-Unit Apartment Community For Sale
Slab Traditional Brick/Siding Composition Carpet/Linoleum
Utilities: Electric: Water/Sewer: Telephone:
Bryan Texas Utilities Bryan Texas Utilities Verizon
Property Overview: Briargrove Apartments is a 36 unit property between Barak and Midwest Streets in Bryan, Texas. The property was constructed in 1969. It consists of 12 two story residential buildings with brick exteriors. The area surrounding Briargrove is an established middle class single family home neighborhood named Briar Oaks that was developed in the 1970’s. Much of the perimeter of the property is enclosed by a 6ft wooden fence. The grounds have numerous trees and considerable grassy lawn areas, making Briargrove a very low density site. Ingress/egress is directly off both Barak Lane and Midwest Street. In close proximity is the desirable Sull Ross Elementay School, as well as Bryan High School. St. Joseph Regional Hospital and Walmart are within a mile of the property as well as the heavily retailed Briarcrest Drive and 29th Street retail and office corridors.
Property Highlights: • • • • •
Convenient To Texas A&M, Blinn College & St. Joseph’s Regional Health Center Washer And Dryer Connections In 24 Units Central HVAC 24-Hour Emergency Maintenance Individually Metered Electricity
Rick T. Lemons
Senior Broker Associate Multifamily Group 979.255.1950 rick@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Multifamily Properties For Sale 4503 College Main | Bryan
3763-65 Oldenburg | College Station
New Listing
New Listing
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New Listing
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4 Units • On TAMU Bus Route • Bike To Campus • 42” Flat Screen TV’s • Brushed Nickel Fixtures • Ceiling Fans • Washer And Dryer Included
Fenced Yards • 3 Bedroom / 3 Bath Units • Low Maintenance Brick Siding • Popular Student Area • Near TAMU Bus Route • Washer And Dryer Connections
Briargrove Apartments | College Station
105 Winter Park | College Station
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36 Units • Convenient To Texas A&M, Blinn College & St. Joseph’s Regional Health Center • Located In An Established Single Family Home Neighborhood
2001 Moses Creek | College Station
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Convenient To Texas A&M • Fully-Equipped Kitchens • Washer And Dryer Connections • On TAMU Bus Route • Large Lot • Deck • 24-Hour Emergency Maintenance
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Over 1.5 Acres • 2,400 SF Minimum Build • Deed Restricted • Small Pond • Survey On File
If you are considering purchasing or selling a Multifamily property, we would appreciate the opportunity to speak with you about your needs.
Rick T. Lemons
Senior Broker Associate Multifamily Group 979.255.1950 rick@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Rick Lemons
Senior Broker Associate Multifamily Group p 979.268.2000 f 979.846.7020 c 979.255.1950 rick@OldhamGoodwin.com
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Oldham Goodwin represented the buyer in the acquisition of a 112 Unit Apartment Complex
Oldham Goodwin represented the buyer in the acquisition of a 134 Unit, Student Oriented Apartment Complex
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Property Spotlight: University Tech Plaza | Bryan, Texas Property Highlights/Facility Specifications:
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“Plug & Play” Contact Center For Lease
• Two Independent Electrical Service Suppliers • 500 kW Back-Up Generator Capable Of Powering The Entire Facility And HVAC Systems • Full UPS Back-Up Power For IT Center • Two Independent Fire Suppression Systems, H20 & Halon • Advanced Security Systems • ~490 Cubes In Place To Be Conveyed To Tenant (Plug And Play) • ~20,000 SF Of Possible Expansion (If Needed) • Updated Wiring To CAT 5 Data • Double Looped Electric Throughout Entire Building • Dedicated Circuits To Each Cubicle (Home Runs)
Property Overview: University Tech Plaza is a ~51,185 SF contact center in “plug and play” condition available for immediate occupancy. University Tech Plaza is located in the heart of the Research Valley (home to Texas A&M University and Blinn College) in Brazos County and home to the twin cities of College Station, Texas and Bryan, Texas. The Research Valley is located in the center of the Texas Triangle that is DallasFort Worth, Houston and San Antonio (also includes Austin). University Tech Plaza is situated less than 2.5 miles from Texas A&M University (student population of ~48,000) on University Drive, the most heavily frequented thoroughfare in Bryan/ College Station. The facility was constructed in 1999 for a major independent IT service provider and features the majority of the technological upgrades and features common to a contact center, including a 500 kW backup generator and independent fire suppression systems (H20 & Halon). The labor force in the Research Valley is one of the strongest in the State of Texas featuring college graduates from Texas A&M University and Blinn College. In addition, approximately 60,000 full time students attend class and call the Research Valley home, allowing a company to benefit from a low cost, educated labor pool.
Jason McAllister
Senior Vice President, Commercial 979.820.4872 jason@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Office Properties For Lease University Tech Plaza | Bryan
Memorial Village | Bryan
New Listing
Crystal Park Plaza | College Station
New Listing
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Reduced Rate
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490 Plug & Play Cubes Installed & Transferred To New Tenant • 10:1,000 Parking • 2 Independent Power Feeds • 500 kW Generator For Full Facility Support • UPS Battery Backup For IDF/ IT Space
First Generation Space Allows For Custom Build Out • High Visibility With Exceptional Traffic Counts • Convenient Access To Restaurants, Retail, Medical & Office
Class “A” Professional Office Building • Wide Range of Suite Configurations • High Visibility With Exceptional Traffic Counts
3310 Longmire | College Station
2100 William J Bryan | Bryan
Texas Avenue Plaza | Bryan
Reduced Rate
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Convenient For A Variety Of Users Including Professional Office Or Medical Tenants • ~4,013 SF Of Available Space • Excellent Visibility On Longmire Drive, A Major College Station Thoroughfare
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Great Visibility & Exposure To High Traffic Counts On William J Bryan Parkway • Seven Offices With A Very Large Reception Area
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Excellent Visibility With Frontage On Texas Avenue • Numerous Recent Capital Improvements • Easily Accessible With 4 Points Of Entry
RECENT TRANSACTIONS For More Information Contact:
Travis Ward
Leasing Associate p 979.268.2000 f 979.846.7020 c 214.675.8714 travis.ward@OldhamGoodwin.com
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Oldham Goodwin represented the tenant in the lease for Living Stones World Outreach in Wellborn, Texas
Oldham Goodwin represented the landlord in the lease for Aquilex WSI at United Plaza
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Office Properties For Lease Lawyers Title Co. Building | College Station
Wolf Pen Ridge | College Station
Oxford Court & Cambridge Court | College Station
Reduced Rate
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Attractive New Construction With Contemporary Landscaping • Established Co-Tenant • Excellent Visibility • First Generation Space
~1 Mile From Texas A&M University • One Block From Wolf Pen Creek Amphitheater & Park • Range Of Available Spaces: ~2,500 - ~3,524 SF
Executive Style Office Suites • Located Along Hwy 40 Near Castlegate & Castlerock Subdivisions • ~1 Mile From Hwy 40/Hwy 6 Intersection
United Plaza | College Station
Executive Office Plaza | Bryan
Williamsburg at Park Hudson | Bryan
New Tenants
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Centrally Located Within Bryan/College Station • Small To Mid-Sized Suite Configurations • Within ~1.5 Miles Of Texas A&M University
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~1 Mile From The Briarcrest Exit Off Highway 6 • Within 2 Miles Of Both TAMU Main Campus And Blinn College • Centrally Located
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Located In Park Hudson • Adjacent To Momentum Plaza & Crescent Pointe • Customizable Floor Plan • ~3,984 SF Available
RECENT TRANSACTIONS For More Information Contact:
Travis Ward
Oldham Goodwin represented the landlord in the lease for Manley Recovery Services at Copper Chase Office Park
Oldham Goodwin represented the landlord in the lease for Bill Flores For Congress at United Plaza
Leasing Associate p 979.268.2000 f 979.846.7020 c 214.675.8714 travis.ward@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Office Properties For Lease Star Tel Tower | Bryan
Texas Enterprise Bank Building | Bryan
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The Emporium | College Station
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~1.5 Miles From St Joseph Regional Health Center & ~1 Mile From Blinn College • Range of Available Spaces: ~ 1,500 - ~6,000 SF
Superior Construction • Near Traditions Golf Course • Near Texas A&M Health Science Center • Range of Available Spaces: ~465 - ~3,685 SF
Easily Accessed From Anywhere Within Bryan/College Station • Located Along Highway 6 • Great For A Small To Medium Business
University Park Plaza | College Station
Southwood Business Center | College Station
Copper Chase Office Park | Bryan
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Centrally-Located • High Traffic Counts • Dynamic Growth Area • Range Of Available Spaces: ~2,000 - ~5,941 SF
Central Location To Thriving Commercial And Residential Growth • Vast Traffic Flow From Texas Avenue • ~400 FT Of Frontage On Hwy 6 • Available Space: ~1,268 SF
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~1 Mile From Blinn College • Small, Mid And Large Sized Suite Configurations Available • Less Than 1/4 Mile From St. Joseph’s Regional Medical Center
RECENT TRANSACTIONS For More Information Contact:
Travis Ward
Leasing Associate p 979.268.2000 f 979.846.7020 c 214.675.8714 travis.ward@OldhamGoodwin.com
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Oldham Goodwin represented the landlord in the lease for Traci Smith at The Emporium
Oldham Goodwin represented the landlord in the lease for Accurate Drug Testing Solutions at Copper Chase Office Park
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Industrial Properties For Lease 12761 State Highway 30 | Bryan
Conner Steel Building | Bryan
New Listing
Reduced Rate
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~20,473 SF Of Office & Warehouse Space • ~32,000 SF Of Yard Space • High Quality Metal Construction With Four 20’ High Overhead Doors
~10,500 SF Warehouse Space • Easy Access From Highway 6 • ~8 Acres of Land • 4 Overhead Roll Up Doors • 2 Overhead Cranes (10 & 15 Ton)
If you or your business is looking to relocate, expand or downsize, contact me today to find out how Oldham Goodwin can help find you a great location. For more information regarding our leasing services, please contact me today.
Travis Ward
Leasing Associate 214.675.8714 | travis.ward@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Travis Ward
Oldham Goodwin represented the landlord in the leases for Unit Visions at Executive Office Plaza
Oldham Goodwin represented the landlord in the lease for WEC Land Services at United Plaza
Leasing Associate p 979.268.2000 f 979.846.7020 c 214.675.8714 travis.ward@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Property Spotlight: Plazas At Rock Prairie | College Station, Texas Property Highlights: • Highly Visible Retail Center With Exceptional Traffic Counts •
Close Proximity To The College Station Medical Center, As Well As An Outstanding Mix Of Retail, Tenants & Several Restaurants
• Three Access Points From Rock Prarie Road, Highway 6 And Woodcreek Drive • First Generation Space
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Retail Space & Pad Site Available
• This Area Has Seen A Tremendous Amount Of Commercial Growth In The Last 5 Years
Property Overview: Plazas at Rock Prairie is a recently constructed ~18,627 SF retail center located in the southern growth corridor of College Station at the intersection of Highway 6 and Rock Prairie Road. Plazas at Rock Prairie is conveniently located a few miles north of four affluent subdivisions, Pebble Creek, Williams Creek, Castlegate and Nantucket. Plazas at Rock Prairie is positioned at the southern “gateway” into Bryan/College Station. In the past five years, this area has seen tremendous business growth and a significantly increased daytime population with the addition of several multi-story medical facilities, a signature Kroger anchored shopping center and multiple student and single family homes and neighborhoods. The center is adjacent to the rapidly developing medical corridor at the intersection of Rock Prairie and Longmire Road. The rapidly increasing population, business and medical development and residential growth of southern College Station, make Plazas at Rock Prairie an excellent location for retailers and other businesses to service this growing demographic.
Traffic Counts: Rock Prairie Road and Highway 6:
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~61,000 VPD
Robert J. Young
Director of Commercial Leasing Senior Broker Associate 979.324.1717 robert@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Retail Properties For Lease 303 Boyett | College Station
Tower Point | College Station
Mid-Town Center | Bryan
New Listing
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~3,500 SF Restaurant With Covered Patio • 10 Dedicated And Exclusive Parking Spaces • Rare Opportunity For Lease Space In The Northgate Historical District
Located In Underserved South College Station • Affluent And Rapidly Expanding Population • Multiple Ingress/Egress Points Allows For Convenient Access
Convenient & Easy Access From Two Thoroughfares • Recently Renovated With Fresh Exterior Paint • Excellent Visibility With Frontage On Texas Avenue
Grant Plaza | Huntsville
University Shopping Center | College Station
Plazas at Rock Prairie | College Station
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Convenient & Easy Access From Interstate 45 • Excellent Visibility With Frontage On 11th Street • Diverse And Established Retail Tenant Mix
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Junior Anchor Availability • Over 600 Feet Of Frontage Along Texas Avenue • Less Than 1/2 Mile From TAMU • Five Points Of Access Off Of Three Major Thoroughfares
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Range Of Available Spaces: ~2,042 - ~2,061 SF • ~4 Miles From TAMU • High Daytime Population • Southern “Gateway” Of College Station
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Oldham Goodwin represented the tenant in the lease for Froyoyo Yogurt at Woodstone Center
Oldham Goodwin represented the landlord in the lease for Ohana Korean Grill at Park Place Plaza
Director of Commercial Leasing Senior Broker Associate p 979.268.2000 f 979.846.7020 c 979.324.1717 robert@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Retail Properties For Lease Park Central Center | Bryan
Park Plaza Center | College Station
Beverley Estates | Bryan
100% Leased
100% Leased
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Convenient & Easy Access From Two Thoroughfares • Recently Renovated • Excellent Visibility With Frontage On Texas Avenue
Located In The Heart Of College Station’s Retail Corridor • Excellent Visibility At The Corner Of Texas Avenue & Harvey Road Located Within Close Proximity To HEB & Target
Convenient & Easy Access From Two Thoroughfares • Recently Renovated • Excellent Visibility With Frontage On Texas Avenue
Post Oak Square | College Station
Shops on Texas | College Station
Market Square Shopping Center | Brenham
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Range Of Available Spaces: ~1,430 ~19,225 SF • Competitive Rental Rates And Build-Out Allowance • Restaurant Space Available • Adjacent To Post Oak Mall
Available Space: ~1,594 SF • Dynamic Growth Area • Central Location With High Traffic Counts • Great Visibility And Access On Texas Avenue
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Big Box Availability • Less Than 1 Mile From Hwy 290 • Less Than 3 Miles From Blue Bell Creameries • Range Of Available Spaces: ~2,000 - ~38,046 SF
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Director of Commercial Leasing Senior Broker Associate p 979.268.2000 f 979.846.7020 c 979.324.1717 robert@OldhamGoodwin.com
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Oldham Goodwin represented the landlord in the lease for Dixie Chicken Inc. at Park Central Center
Oldham Goodwin represented the tenant, Elements Therapeutic Massage, in the lease at Riverstone in Missouri City, Texas
979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Retail Properties For Lease Southwest Crossing | College Station
Longwood Crossing | Pearland
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West Wind Shopping Center | Lubbock
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~8,000 SF Pad Site Available • Located In The Center Of The Most Densely-Populated Student Area In College Station • Located Less Than ½ A Mile From TAMU
~3.5 Miles From Silverlake, A 3,500 Home Residential Development • ~5 Miles From The 288/518 Intersection • Available Space: ~2,200 SF
~3.6 Miles From Texas Tech University & ~2 Miles From Lubbock Christian University • Range Of Available Spaces: ~1,243 ~1,952 SF • Great Visibility From Loop 289
Brookhaven Retail Center | Bryan
Southwood Plaza | College Station
Park Place Plaza | College Station
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~5 Miles From TAMU • ~1.5 Miles From Miramont Country Club • Range Of Available Spaces: ~1,500 - ~2,100 SF • Rapid Population Growth & Business Development Within The Area
Anchored By Super Walmart Of College Station • Great Access To The Center With Entrances On Longmire & Texas Avenue • Available Space: ~788 SF
Convenient Community Retail Center • Great Visibility & Access On Southwest Parkway & Texas Avenue • Centrally Located Near Texas A&M University And Residential Subdivisions
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Oldham Goodwin represented the landlord in the lease for JJ’s Snow cones at Star Tel Tower
Oldham Goodwin represented the landlord in the lease for Halloween Store at Post Oak Square
Director of Commercial Leasing Senior Broker Associate p 979.268.2000 f 979.846.7020 c 979.324.1717 robert@OldhamGoodwin.com
979.268.2000 • www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2010
Property Locations 45
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This map of the Bryan & College Station city limits is for marketing purposes only and may not accurately depict the actual city limits. This map is not to scale and all property locations are approximate.
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979.268.2000 • www.OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2010
Management Division Profile Management Division Profile Who We Are The Oldham Goodwin Group’s management services are part of a comprehensive turnkey solution for any Retail, Office, Multifamily, Industrial or Hospitality owner. We strive to provide asset and property management services to improve efficiency and flexibility for our Clients. By offering a complete range of management services including Asset Management, Property Management, Advisory/Consulting Services, Construction Management and Real Estate Owned (REO) Workout/ Management Solutions, Oldham Goodwin is structured to ensure your investment is maximized at every stage of the process. With a strong focus on customer service, our team works closely with you to identify and execute strategies to improve performance and yield quantifiable results. Your asset is the foundation of our business; we will make sure you are satisfied with our services. In order to deliver on that commitment, our professional management divisions feature Dedicated Asset Managers, Property Specialization, Innovative Technology, coupled with Transparency and Accountability. Dedicated Asset Managers Oldham Goodwin’s management divisions are designed to provide professional and dedicated asset management services. Our asset managers are not asked to broker and/or develop properties on their own, on top of managing assets. Instead, they work in tandem with our specialized brokerage and development professionals and deliver operational feedback and strategies. This level of integration provides tremendous value to our Clients. Property Specialization Oldham Goodwin’s asset managers specialize in one of three classifications of real estate management: Multifamily, Hospitality, and Commercial (consisting of Retail, Office and Industrial). This specialization allows our asset managers to excel in their area of specialization, thus providing our Clients with an unmatched level of expertise and experience. Innovative Technology Oldham Goodwin utilizes advanced property management, accounting, collaboration and marketing technology to deliver quantifiable results for our clients. Through innovative technology, we are able to leverage seamless integration, best practices, and robust reporting to deliver enhanced operational efficiency and real results at the property level. Transparency and Accountability Oldham Goodwin’s management services are geared to maximize the return on our client’s investment. Our asset managers are focused on key performance indicators to gauge asset performance. We take our fiduciary responsibility very seriously and believe it is of the utmost importance to provide our Clients with transparency and accountability at every turn. Our Managed Properties
Hyatt Place Fort Worth Stockyards
The Village at Creek Meadows
Crystal Park Plaza
For More Information About These Services, visit www.OldhamGoodwin.com. 809 University Drive East, Suite 101A
979.268.2000 • www.OldhamGoodwin.com College Station, Texas | 77840
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Commercial Quarterly 3rd Quarter 2010
“Accessible Expertise” Rick Lemons
Multifamily Group
Clinton D. Oldham
Senior Broker Associate
Commercial Group Senior Broker Associate
Rick’s background encompasses over 20 years of hospitality and property management experience with Aramark, Pappas Restaurants, Inc. and Oldham Goodwin. Since 2004, he has managed and operated the multifamily division of Oldham Goodwin. As a commercial real estate broker, Rick has listed and sold numerous multifamily and single family properties to local and national investors. 979.255.1950 | rick@OldhamGoodwin.com
Clint represents our private investment and corporate clients in the acquisition and disposition of Retail, Office and Industrial real estate. In addition to buyer and seller representation, Clint’s experience includes project leasing, tenant representation, as well as investment and financial analysis. Clint’s broad range of experience in the local commercial real estate market has made him a valuable asset to clients seeking to acquire or dispose of their assets.
Vernie D. Bodden, III
Jesse C. Durden
Land Group
409.781.7734 | clint@OldhamGoodwin.com
Senior Sales Associate
Land Group
Senior Sales Associate
Vernie’s background in the ranching industry has enabled him to build a broad base of knowledge in rural land, both from an operational and valuation perspective. Vernie has used these principals to broaden his scope of knowledge to include the commercial realm. As a result, he has been able to represent some of the states largest retail and hospitality developers. 979.777.4641 | vernie@OldhamGoodwin.com
Jesse specializes in development and site selection for Oldham Goodwin. Jesse’s experience includes commercial development and construction, as well as real estate investment analysis. Prior to his arrival at Oldham Goodwin, Jesse worked with Austin Commercial in Dallas and Caldwell Companies in Houston. 979.492.0425 | jesse@OldhamGoodwin.com
Robert J. Young
Travis Ward
Leasing Division Senior Leasing Associate
Leasing Division Leasing Associate
Over the last 4 years, Robert has focused on increasing his understanding of the B/CS real estate market, the emerging trends that affect the city, county, and state, and the commercial real estate growth indicators that real estate experts use to predict the future of the local market. Robert strives to deliver the highest levels of client services available. 979.324.1717 robert@OldhamGoodwin.com
Travis specializes in office and industrial properties. He has a diverse background in both commercial construction management and commercial development. Notable projects from his past include his 12 months of experience in Beijing, China where he assisted in the completion of the U.S. Embassy, as well as his 3 months spent in Dallas working for Hermansen Land Development.
Daniel Powell
Erin Sissell
Sales Division Sales Coordinator, Associate
Daniel coordinates sales marketing and transaction efforts as well as assists executives with brokerage strategic initiatives. Daniel is known by his peers as highly organized and extremely knowledgeable of brokerage services. 979.575.2551 | daniel@OldhamGoodwin.com
214.675.8714 travis.ward@OldhamGoodwin.com
Leasing Division Leasing Coordinator, Associate
Erin coordinates leasing marketing and transaction efforts as well as assists executives with brokerage strategic initiatives. Erin is Oldham Goodwin’s Ambassador to the Bryan/College Station Chamber of Commerce. In addition she was also a former member of the Real Estate Development Association at Texas A&M. 254.592.2615 | erin@OldhamGoodwin.com
2800 South Texas Avenue, Suite 401 Bryan, Texas | 77802 T 979.268.2000 | F 979.846.7020 www.OldhamGoodwin.com