±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall...
Transcript of ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall...
![Page 1: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/1.jpg)
FUTURE COMMERCIAL
MORTON PARK PLAZAScheduled completion 1Q19
ACCESS TO MORTON RANCH RD
FUTURE SINGLE FAMILY
FUTURE COMMERCIALBUSINESS PARK
56 ACRES
MORTON RANCH RD
MORTON RANCH RD
MORTON RANCH RDDISTRIBUTION CENTER
WATERSTONEHome Prices up to $278K
T.H. Mcdonald Junior High School
Loraine T. Golbow Elementary SchoolMorton Ranch High SchoolMorton Ranch Elementary School
British International School of HoustonWESTLAND CREEK VILLAGE
Home Prices up to $307KMORTON RANCH
Home Prices up to $259K LAKES ON MORTON PARKHome Prices up to $307K
WILLIAMSBURG COLONYHome Prices up to $191K
BRIDGEWATERHome Prices up to $285K
Sake Asian Fusion Grand Morton Town Center
Malawi PizzaIdeal DentalT. Jin’s China Diner
±3.65 ACRES±3.65 ACRES±3.65 ACRES
±3.65 Acres at the Grand Parkway and Morton Ranch Road Katy, Texas
O F F E R I N G M E M O R A N D U M
![Page 2: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/2.jpg)
David [email protected]
Clark DaltonVice [email protected]
Becky HandSenior [email protected]
Dillon MillsSenior [email protected]
Tripp RichTransaction [email protected]
Kenneth [email protected]
Contacts
Dosch Marshall Real Estate713.955.3120
777 Post Oak Blvd Houston, TX 77056
www.dmreland.com
Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclu-sively retained to represent the Seller in the disposition of ±3.65 acres at the Grand Parkway and Morton Ranch Road in Katy, Texas (Property). All inquiries about the Property should be directed to DMRE.
About DMREDosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connect-ing our expansive network, market knowledge, and expertise in land brokerage with innovative processes.
Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with excellence. In real estate as in other industries experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest transactions in Houston for the year.
2±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 3: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/3.jpg)
Property Information
2017 Tax Rates
2016 Rate 2017 Rate
19 KATY ISD 1.51660 1.51660
40 HARRIS COUNTY 0.41656 0.41801
41 HARRIS CO FLOOD CNTRL 0.02829 0.02831
42 PORT OF HOUSTON AUTHY 0.01334 0.01256
43 HARRIS CO HOSP DIST 0.17179 0.17110
44 HARRIS CO EDUC DEPT 0.00520 0.00520
643 HC EMERG SRV DIST 48 0.10000 0.10000
862 WEST HC MUD 2 0.48000 0.46000
Totals 2.73178 2.71178
Property Details
LOCATION Grand Parkway and Morton Ranch Road, Katy, Texas
LAT., LONG. 29.815935, -95.775472
TOTAL SIZE ±3.65 Acres
DETENTION Regional
UTILITIES Available
COUNTY Fort Bend
SCHOOLS Katy ISD
2017 Demographics
0-1 mi 0-3 mile 0-5 miles
EST. POPULATION 2017 10,739 79,011 223,367
5-YR EST. POPULATION GROWTH 4.98% 5.59% 7.03%
AVERAGE HOUSEHOLD INCOME $67,433 $76,584 $94,788
MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $137,046 $146,864 $157,467
Making an OfferOffer InformationOffers should be presented in the form of a non-binding Letter of Intent, and should include:
• Pricing• Due Diligence and Closing Timeframe• Earnest Money Deposit• Description of Debt/Equity Structure• Qualifications to Close• Development Plans
Due Diligence InformationTo access the due diligence information please visit the Property website at: dmreland.com/listings/#1361
Additional Property Details
PARCEL ID 0431240000001
OWNER PBEKES LLC
PROPERTY ADDRESS
23125 MORTON RANCH RD KATY, TX 77449
LEGAL TR 1 ABST 458 H&TCRR SEC 81 BLK 2
Location highlights• Fast access to the Grand Parkway• Across the Grand Parkway from major retail development• Nearby single family homes priced up to $425K
Less than 3 miles from:• University Center: 125-acre master-planned, mixed-use
development• Memorial Hermann Katy Hospital (1,000 employees)• Schlumberger Technology Center (350 employees)• DNV-GL testing laboratories (565 employees)• Academy Sports & Outdoors corporate headquarters and
distribution center (2,900 employees)• Geico’s claims processing center (610 employees)
3±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
PROPERTY
![Page 4: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/4.jpg)
256.76’’
600.00’’
620.00’’
256.34’’
ACCESS
Site Plan & Access
4±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
PROPERTY
![Page 5: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/5.jpg)
256.76’’
600.00’’
620.00’’
256.34’’ 3.651 Acres
SurveyMORTON RANCH RDMORTON RANCH RDMORTON RANCH RD
VENTANA LAKESHome Prices up to $425K
MORTON CREEKHome Prices up to $310K
KATY TRAILSHome Prices up to $336K
5±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
PROPERTY
![Page 6: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/6.jpg)
Potential Site Plan: Day Care
6±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
PROPERTY
![Page 7: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/7.jpg)
8
12
6
11
6
DEVELOPMENT ANALYSIS (DRAFT 8/9/17)
Total Site Area=1.667 AcresBuilding Area Gross=19,000 Sq Ft
Parking Provided9'-0" Wide x19' Deep Spaces=96
ADA Spaces=4 (9'-0" Wide)Total Parking Spaces=100Parking Ratio=5.00 cars per 1,000 SF
9
8
Two Story Office Building19,000 SF(125' x 80')
100% Wet Fire Sprinkled
DumpsterEnclosure
Signage
6
12
6
8
8
6.201 acres270,111 SF
BCGP
0.151 acres6,557 SF
D-3
0.474 acres20,664 SF
East Access D-2
2.733 acres119,029 SF
Self Storage
1.002 acres43,659 SF
SHELL CREDIT
SCU A-1
0.411 acres17,887 SF
West Access D-1
0.103 acres4,501 SF
SCU A-2
87° 55' 31"282.97'
N E
2° 04' 29"256. 57'
NW
87° 57' 51"283.00'
S W
2° 04' 54"256. 76'
SE
1.667 acres72,631 SF
MOB
3.633 acres158,264 SF
Corner Tract
Potential Site Plan: Emergency Medical User
PROPERTY
7±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 8: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/8.jpg)
FUTURE SINGLE FAMILY DEVELOPMENT
FUTURE COMMERCIALBUSINESS PARK
56 ACRES
MORTON RANCH RDMORTON RANCH RDMORTON RANCH RD
VENTANA LAKESHome Prices up to $425K
MORTON CREEKHome Prices up to $310K
KATY TRAILSHome Prices up to $336K
±3.65 ACRES±3.65 ACRES±3.65 ACRES MORTON PARK PLAZAScheduled completion 1Q19
ACCESS TO MORTON RANCH RD
8±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 9: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/9.jpg)
MORTON PARK PLAZAScheduled completion 1Q19
FUTURE COMMERCIALBUSINESS PARK
56 ACRES
ACCESS TO MORTON RANCH RD
MORTON RANCH RDMORTON RANCH RDMORTON RANCH RD
Testing Laboratories565 Employees
St. John XXIII College Preparatory
Corporate Office
1,000 Employees
KATY GRAND Retail by NewQuest12 restaurants - 7 specialty retail
Kinokuniya Bookstore(coming soon)Kura Revolving Sushi Bar(coming soon)
Shoppes at ParkWest
~Distribution Center~100 Employees
Technology Center350+ Employees
UH University Park42.5 Acres out of
125 Acre Development
(#12 on Houston ChroniclesTop 100 Restaurants)
San Remo ApartmentsClass A - 333 Units
±3.65 ACRES±3.65 ACRES±3.65 ACRES
9±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 10: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/10.jpg)
FM 529
FM 2
855
10
MORTON RD
STOCKDICK SCHOOL RD GRA
ND
PKW
Y
CLAY RD
PIN OAK RDFM
146
3PI
TTS
RD
KATY
HO
CKLE
Y CU
TOFF
RD
FRY
RD
KATY
Katy Mills Mall3,000 Employees1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theater
1,000 Employees • 208 beds
Technology Center350+ Employees
Testing Laboratories565 Employees
$220-million, 350,000-square-foot, 48-bed pediatric hospital1,000 employeesWill soon be expanded to 96 beds
$300 million, 192- bed hospital 2,100 employees
94,000+ employeesSecond largest employment center in the region Over 25 million square feet of office space Over 2.9 million square feet of retail
KATY ASIAN TOWN
135,000 SF Claims Processing Center 610 Employees
Corporate Headquarters1,000+ Employees
Houston ExecutiveAirport
2,900 EmployeesCorporate Headquarters & Distribution Center
Grand Morton Town Center85-Acre Development
Future56-acre, 400,000-SF commercial business park70-acre industrial park
GEORGE BUSH PARK/ELDRIDGE
ADDICKS RESERVOIR
University Center125-acre master-planned mixed-use developmentUH Katy Campus opening fall 2019
KINGSLAND BLVD
BARK
ER C
YPRE
SS R
D
COPPERFIELDPLACE
±3.65 Ac
Drive Times Approximate
• Katy: <10 minutes• Energy Corridor: 15 minutes • Memorial City: 20-25 minutes• CityCentre, Town & Country Village: 20-30 minutes• Westchase: 25-35 minutes• Uptown District: 30-45 minutes• Greenway Plaza: 35-45 minutes• The Woodlands: 35-50 minutes• Downtown Houston: 35-60 minutes• Texas Medical Center: 40-60 minutes
Traffic Counts• Morton Ranch Rd east of Grand Pkwy: 4,050 VPD• Grand Pkwy at Morton Rand Rd: 53,000 VPD
Fort Bend County• No.1 fastest growing county of the ten largest coun-
ties in Texas• Consistently ranks in the top 10 counties in the nation
for employment growth among the nation’s largest counties (U.S. Bureau of Labor Statistics)
• In 2014, six of the top 30 master-planned communities in the nation were in Fort Bend County
• Fort Bend County was recently ranked by Forbes as the “Best Place To Get Ahead” in the United States
Katy ISD• A TEA “Recognized” school district with 70,000 stu-
dents • Fast-growing district: Katy ISD hires 800+ teachers,
counselors, librarians, nurses, and administrators, paraprofessional, food services, bus drivers, custodial employees and others each year
Highlights Overview
AREA HIGHLIGHTS
MORTON RANCH RDMORTON RANCH RDMORTON RANCH RD
PEEK
RD
PEEK
RD
PEEK
RD
SITE
FUTURE COMMERCIAL
FUTUREMORTON PARK PLAZA
FUTURE COMMERCIAL
AVAILABLEDETENTION
GRAND MORTON TOWN CENTER
FUTURE SINGLE FAMILY
FUTURE COMMERCIAL±20 ACRES
FUTURE COMMERCIAL±38 ACRES
FUTURE INDUSTRIAL±80 ACRES
GRAND PARKWAYINDUSTRIAL PARK
WATERSTONE - 805 LOTSHome Prices up to $278K
WILLIAMSBURG - 972 LOTS
SITE
FUTURE COMMERCIAL
Grand Parkway Corridor Development
10±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 11: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/11.jpg)
AREA HIGHLIGHTS
Master-planned business district, home to several of the largest international energy companies in the world as well as 300 multi-national, national and local companies
• 6 miles from the Property
• Educated workforce comprised of more than 94,000 employees
• Second largest employment center in the region
• Over 25 million square feet of office space (of which 79% is Class A)
• Over 2.9 million square feet of retail
• By 2030, office/mixed-use space is expected to reach 45.2 million square feet
• Hosts 27 hotels providing a total of 3,878 hotel rooms
• Over 60 restaurants of all varieties
• Over 26,000 acres of natural space and 50 miles of bike trails and running trails
• Contains the headquarters locations and regional offices of prominent international energy and energy services firms includ-ing BP America, Shell Exploration and Production, ConocoPhillips, CITGO, Dow Chemical, PGS, and Mustang/Wood Group
• Other, non-energy, companies also have a major presence in the corridor including Cardinal Health Care Inc., Sysco Corpora-tion, Gulf States Toyota, and Star Furniture
Top Employers
Employer # Employees
Wood Group 10,960
BP America, Inc. 9,537
Technip USA Inc. 4,300
ConocoPhillips 3,000
Shell Oil Company, Woodcreek 3,000
Methodist West Houston Hospital 2,100
Mariner Post-Acute Network 2,000
The Friedkin Group 2,000
Sysco Corporation 1,800
CITGO Petroleum Corporation 1,367
Dow Chemical 1,330
Foster Wheeler USA Corporation 1,000
Texas Children’s Hospital West 1,000
WOOD GROUP HQ
WESTLAKE OFFICE TOWER - BP
Local Employers • Schlumberger (1.5 miles) employs over 350 people at their Tech-
nology Center at I-10 and the Grand Parkway. • Memorial Hermann Katy Hospital (2 miles) employs 1,000 at
their 208-bed hospital west of I-10 and the Grand Parkway• DNV-GL (2 miles) employs 565 people at their testing laborato-
ries east of the intersection of I-10 and the Grand Parkway. • Academy Sports & Outdoors (<2.5 miles) employs 2,900 people
at their corporate headquarters and distribution center.• Geico’s 135,000-SF claims processing center (2.5 miles) employs
610 people. • Igloo (6 miles) employs over 1,000 at their headquarters south
of I-10. They hired an additional 250 full time workers in the Katy plant in 2014 to support the continued growth in West Houston.
West Houston Medical Center (5 miles) Texas Children’s Hospital West Campus
• $220-million, 350,000-square-foot, 48 bed pediatric hospital• 1,000 employees• Will soon be expanded to 96 beds
The Methodist West Houston Hospital• $300 million, 192- bed hospital • 2,100 employees
The University of Texas M.D. Anderson Hospital • Owns 35 acres located in the Central Park development, on the north side
of Interstate 10 between Eldridge and SH 6• Construction of a 175,000-SF cancer center, the first phase of a
multi-building campus, is currently underway and is expected to be open in 2018
Upcoming DevelopmentsUniversity Center (1.5 miles from the Property)
• 125-acre master-planned, mixed-use development at the northeast corner of Interstate 10 and the Grand Parkway
• UH initially plans to build an 80,000-square-foot facility on 46 acres; the campus should open in fall 2019
• The campus is expected to serve 2,000 students at first, but the sys-tem’s master plan accommodates 8,000 to 10,000 students
Amazon.com • Plans to open a 1-million-SF fulfillment center in Katy, creating up to
1,000 new, full-time jobs
West Houston Employment Highlights
11±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
![Page 12: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/12.jpg)
La Centerra at Cinco Ranch (4 miles)• Employs over 1,700 people
• 34-acre mixed-use town center located at the intersection of Cinco Ranch Boulevard and Grand Parkway; Phases I and II are comprised of approximately 170,000 square feet of retail space and 125,000 square feet of office space
• Upscale, main-street style town center development featuring national names and unique boutiques, choice dining options, Class A office space and luxury living
• In 2015 Trader Joe’s opened a new, 12,500 SF store in La Centerra Phase III; Phase III consists of an additional 37,000 SF of retail, 36,000 SF of office, and a parking garage
Katy Boardwalk (3 miles)• Currently under development• Mixed-use project including a board-
walk, nature trails, two loft-living apartment complexes, retail stores, hotel conference center, and restau-rants
• 650 loft residences, 145,000 square feet of mixed-use commercial space and approximately 60,000 square feet of retail space
Typhoon Texas (3 miles)• Popular waterpark with water slides, a
lazy river for tubing, and eateries
Katy Mills Mall (3 miles)• Employees over 3,000 people
• 1.3-square-mile outlet mall with over 175 stores and a 20-screen AMC Movie Theatre
Grand Morton Town Center (1000 ft )
• 85-acre development at Morton Rd and the Grand Parkway
• Kroger, Walmart, Regions Bank, UPS Store, GNC, Mattress One, SportClips, Supercuts, Chase Bank, Chick-fil-A, Sprint, Subway, T-Mobile, and more
I-10 & the Grand Parkway (2 miles)• NEC: HMart, JCPenney, Red Robin,
Cinemark, La Madeleine• SWQ: Costco, Main Event Entertain-
ment, Academy Sports, Mo’s Irish Pub
I-10 & Katy Ft Bend Rd (2.5 miles)• Walmart Supercenter, Toys”R”Us,
Main Event Entertainment, Spec’s Wines, Spirits, and Finer Foods, Guitar Center, BreWingZ Restaurant and Bar, Boot Barn, Dollar Tree
• Best Western Plus, Comfort Suites, SpringHill Suites by Marriott
Kingsland Blvd & Pin Oak Rd (4 miles)
• Kroger, Chase Bank, 24 Hour Fitness, Smashburger, Bank of America Finan-cial Center, Panera Bread, Alicia’s Mexican Grille, TGI Fridays, Los Cucos Mexican Restaurant, Fuddruckers
• Residence Inn by Marriott, Home-wood Suites by Hilton, Courtyard by Marriott
LA CENTERRA TYPHOON TEXAS
KATY BOARDWALK
Katy Area Highlights
12±3.65 ACRES AT THE GRAND PARKWAY AND MORTON RANCH ROAD, KATY, TEXAS
AREA HIGHLIGHTS
![Page 13: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/13.jpg)
10-1
0-11
Bef
ore
wor
king
with
a r
eal e
stat
e br
oker
, yo
u sh
ould
kn
ow th
at th
e du
ties
of a
brok
er
depe
nd o
n w
hom
the
bro
ker
repr
esen
ts.
If yo
u ar
e a
pros
pect
ive
selle
r or
la
ndlo
rd
(ow
ner)
or
a pr
ospe
ctiv
e bu
yer
or ten
ant (b
uyer
), y
ou
shou
ld k
now
tha
t th
e br
oker
who
list
s th
e pr
oper
ty fo
r sa
le o
r le
ase
is the
ow
ner’s
age
nt.
A b
roke
r w
ho a
cts
as a
sub
agen
t re
pres
ents
the
ow
ner
in c
oope
ratio
n w
ith th
e lis
ting
brok
er.
A br
oker
who
act
s as
a b
uyer
’s
agen
t re
pres
ents
the
buy
er.
A b
roke
r m
ay a
ct a
s an
in
term
edia
ry
betw
een
the
part
ies
if th
e pa
rtie
s co
nsen
t in
writ
ing.
A b
roke
r ca
n as
sist
you
in lo
catin
g a
prop
erty
, pre
parin
g a
cont
ract
or
leas
e, o
r ob
tain
ing
finan
cing
w
ithou
t re
pres
entin
g yo
u.
A
brok
er
is
oblig
ated
by
law
to tr
eat y
ou h
ones
tly.
IF T
HE
BR
OK
ER R
EPR
ESEN
TS T
HE
OW
NER
:Th
e br
oker
bec
omes
the
ow
ner’s
age
nt b
y en
terin
g in
to a
n ag
reem
ent
with
the
ow
ner, u
sual
ly t
hrou
gh a
w
ritte
n -
listin
g ag
reem
ent,
or b
y ag
reei
ng t
o ac
t as
a
suba
gent
by
acce
ptin
g an
offe
r of
sub
agen
cy fr
om the
lis
ting
brok
er.
A su
bage
nt m
ay w
ork
in a
diff
eren
t rea
l es
tate
offi
ce.
A li
stin
g br
oker
or
suba
gent
can
ass
ist
the
buye
r bu
t do
es n
ot
rep
rese
nt t
he b
uyer
and
m
ust pl
ace
the
inte
rest
s of
the
ow
ner
first
. Th
e bu
yer
shou
ld n
ot t
ell t
he o
wne
r’s a
gent
any
thin
g th
e bu
yer
wou
ld
not
wan
t th
e ow
ner
to
know
be
caus
e an
ow
ner’s
ag
ent
mus
t di
sclo
se
to
the
owne
r an
y m
ater
ial i
nfor
mat
ion
know
n to
the
agen
t.
IF T
HE
BR
OK
ER R
EPR
ESEN
TS T
HE
BU
YER
:Th
e br
oker
bec
omes
the
buy
er’s a
gent
by
ente
ring
into
an
agre
emen
t to
rep
rese
nt t
he b
uyer
, us
ually
th
roug
h a
writ
ten
buye
r re
pres
enta
tion
agre
emen
t. A
buye
r’s ag
ent
can
assist
th
e ow
ner
but
does
no
t re
pres
ent
the
owne
r an
d m
ust
plac
e th
e in
tere
sts
of
the
buye
r fir
st.
The
owne
r sh
ould
not
tel
l a
buye
r’s
agen
t an
ythi
ng t
he o
wne
r w
ould
not
wan
t th
e bu
yer
to k
now
bec
ause
a b
uyer
’s a
gent
mus
t di
sclo
se t
o th
e bu
yer an
y m
ater
ial i
nfor
mat
ion
know
n to
the
agen
t.
IF T
HE
BR
OK
ER A
CTS
AS
AN
IN
TER
MED
IAR
Y:A
brok
er m
ay a
ct a
s an
int
erm
edia
ry b
etw
een
the
part
ies
if th
e br
oker
com
plie
s w
ith T
he T
exas
Rea
l Es
tate
Licen
se A
ct. T
he b
roke
r m
ust o
btai
n th
e w
ritte
n co
nsen
t of
eac
h pa
rty
to t
he t
rans
actio
n to
act
as
an
Ap
pro
ved
by
the
Texa
s R
eal E
stat
e C
omm
issi
on f
or V
olu
nta
ry U
se
Texa
s la
w r
equi
res
all r
eal e
stat
e lic
ense
es t
o gi
ve t
he fol
low
ing
info
rmat
ion
abou
t br
oker
age
serv
ices
to
pros
pect
ive
buye
rs,
tena
nts,
sel
lers
and
land
lord
s.
Info
rmat
ion
Abo
ut B
roke
rage
Ser
vice
s
Rea
l est
ate
licen
see
asks
tha
t yo
u ac
know
ledg
e re
ceip
t of
thi
s in
form
atio
n ab
out
brok
erag
e se
rvic
es f
or t
he li
cens
ee’s
rec
ords
.
inte
rmed
iary
. The
writ
ten
cons
ent m
ust st
ate
who
will
pay
the
brok
er a
nd, i
n co
nspi
cuou
s bo
ld o
r un
derli
ned
prin
t, se
t fo
rth
the
brok
er’s
oblig
atio
ns
as
an
inte
rmed
iary
. Th
e br
oker
is
requ
ired
to t
reat
eac
h pa
rty
hone
stly
and
fai
rly a
nd t
o co
mpl
y w
ith T
he
Texa
s Re
al E
stat
e Li
cens
e Ac
t.
A br
oker
who
act
s as
an
inte
rmed
iary
in a
tran
sact
ion:
(1)
shal
l tre
at a
ll pa
rtie
s ho
nest
ly;
(2)
may
not
disclos
e th
at t
he o
wne
r w
ill a
ccep
t a
price
less
tha
t th
e as
king
pric
e un
less
aut
horiz
ed i
n w
ritin
g to
do
so b
y th
e ow
ner;
(3)
may
not
disclos
e th
at t
he b
uyer
will p
ay a
pr
ice g
reat
er t
han
the
price
sub
mitt
ed in
a w
ritte
n of
fer
unle
ss a
utho
rized
in w
ritin
g to
do
so b
y th
e bu
yer;
and
(4)
may
not
disc
lose
any
con
fiden
tial i
nfor
mat
ion
or
any
info
rmat
ion
that
a p
arty
spe
cifica
lly i
nstru
cts
the
brok
er i
n w
ritin
g no
t to
disc
lose
unl
ess
auth
orize
d in
w
ritin
g to
disc
lose
the
info
rmat
ion
or re
quire
d to
do
so b
y
The
Texa
s Re
al E
stat
e Lice
nse
Act
or a
cou
rt or
der
or if
th
e in
form
atio
n m
ater
ially
rel
ates
to
the
cond
ition
of t
he
prop
erty
.
With
th
e pa
rtie
s’
cons
ent,
a br
oker
ac
ting
as
an
inte
rmed
iary
bet
wee
n th
e pa
rtie
s m
ay a
ppoi
nt a
per
son
who
is
licen
sed
unde
r Th
e Te
xas
Real
Est
ate
Lice
nse
Act
and
asso
ciat
ed w
ith t
he b
roke
r to
com
mun
icat
e w
ith
and
carr
y ou
t in
stru
ctio
ns
of
one
part
y an
d an
othe
r pe
rson
who
is
licen
sed
unde
r th
at A
ct a
nd
asso
ciat
ed w
ith t
he b
roke
r to
com
mun
icat
e w
ith a
nd
carr
y ou
t ins
truc
tions
of t
he o
ther
par
ty.
If y
ou c
hoos
e to
hav
e a
brok
er r
epre
sent
you
, yo
u sh
ould
ent
er i
nto
a w
ritte
n ag
reem
ent
with
the
br
oker
tha
t clea
rly e
stab
lishe
s th
e br
oker
’s o
blig
atio
ns
and
your
obl
igat
ions
. T
he
agre
emen
t sh
ould
sta
te
how
and
by
who
m t
he b
roke
r w
ill b
e p
aid.
You
hav
e th
e rig
ht t
o ch
oose
the
typ
e of
rep
rese
ntat
ion,
if a
ny,
you
wish
to rec
eive
. You
r pa
ymen
t of a
fee
to a
bro
ker
does
no
t ne
cess
arily
es
tabl
ish
that
th
e br
oker
re
pres
ents
you
. If y
ou h
ave
any
ques
tions
reg
ardi
ng
the
dutie
s an
d re
spon
sibi
litie
s of
th
e br
oker
, yo
u sh
ould
res
olve
thos
e qu
estio
ns b
efor
e pr
ocee
ding
.
Buy
er,
Sel
ler,
Lan
dlor
d or
Ten
ant
D
ate
Texa
s Re
al E
stat
e Br
oker
s an
d Sa
lesp
erso
ns a
re li
cens
ed a
nd r
egul
ated
by
the
Texa
s Re
al E
stat
e Co
mm
issi
on (
TREC
). I
f you
hav
e a
ques
tion
or c
ompl
aint
re
gard
ing
a re
al e
stat
e lic
ense
e, y
ou s
houl
d co
ntac
t TRE
C at
P.O
. Box
121
88, A
ustin
, Tex
as 7
8711
-218
8 ,
512-
936-
3000
(ht
tp:/
/ww
w.t
rec.
texa
s.go
v)
T
REC
No.
OP-
K
13
![Page 14: ±3.65 ACRES FUTURE COMMERCIAL BUSINESS PARK ACCESS … · 2018. 10. 3. · Contacts Dosch Marshall Real Estate 713.955.3120 777 Post Oak Blvd Houston, TX 77056 Exclusive Representation](https://reader033.fdocuments.net/reader033/viewer/2022060917/60a9eb62aa11b212800b4622/html5/thumbnails/14.jpg)
777 POST OAK BLVDHOUSTON, TEXAS 77056
WWW.DMRELAND.COM
© 2018 Dosch Marshall Real Estate, All Rights Reserved