±9.86 Acres at Rutland St and W. 25th St...±9.86 Acres at Rutland St and W. 25th St Largest...

ASHLAND ST

W 25TH ST

W 20TH ST

W 27TH ST

RUTLAND STYALE ST

N M

AIN

ST

NICH

OLSO

N ST

Menchie’s Frozen YogurtCollina’s ItalianHeights MarketplaceUrban Soles OutpostPenzeys Spices

Future

First Saturday Arts Market

Future MF DevelopmentOne eight-story, 275-unit complex

One six-story, 63-unit complex

Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF restaurants

St. Joseph Medical Center

Heights Market Trail

Heights Blvd Trail

GREATER HEIGHTSHOME VALUES UP TO $2.3M

WOODLAND HEIGHTSHOME VALUES UP TO $1.9M

Heights High School

2125 Yale

Bell Heights

Holden Heights

W. 19th Street Shopping District

“Downtown of the Heights”Bernie's Burger Bus

Heights Asian Cafe

Wellness HeightsHeights Antiques On YaleYale Street Grill

Texas Children's Pediatrics

Heights Salon

SITE

SITE

HOUSTON CENTRAL BUSINESS DISTRICT • 3.8 MILESTEXAS MEDICAL CENTER • 8 MILES

±9.86 Acres at Rutland St and W. 25th St Largest Available Land Tract in the Houston Heights

O F F E R I N G M E M O R A N D U M

Tim [email protected] 713-955-3127M 713-459-8123

David [email protected] 713-955-3126M 713-206-1574

Tom [email protected] 713-955-3125M 713-557-4455

Clark DaltonVice [email protected] 713-955-3122M 832-449-2223

Becky HandSenior [email protected] 713-955-3121M 918-629-5592

Dillon MillsSenior [email protected] 713-955-3123M 713-254-3824

Tripp RichTransaction [email protected] 713-955-3124M 936-635-6968

Kenneth [email protected] 713-955-3120M 713-829-2615

Contacts, Due Diligence, & Offer Requirements

Dosch Marshall Real Estate713.955.3120

777 Post Oak Blvd Houston, TX 77056

www.dmreland.com

2±9.86 ACRES IN THE HOUSTON HEIGHTS

Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±9.86 acres at Rutland Street and W. 25th Street in Houston, TX (Property). All inquiries about the Property should be directed to DMRE.

Due Diligence InformationThe offering memorandum and survey(s) are available on the Property website at www.dmreland.com.

Other due diligence information is stored securely with a reputable file sharing service. DMRE will provide qualified, interested investors with a link to these materials.

Offer DeadlineOffers will be due in late April or early May.

Offer RequirementsDMRE will provide potential buyers detailed offer instructions, but in general, offers 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

Purchase terms shall require cash to be paid at closing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.

Marketing Process

ASHLAND ST

ASHLAND ST

RUTLAND ST

YALE ST

W 25TH ST

W 26TH ST

W 24TH ST

W 23RD ST

NICH

OLSO

N ST

GARDEN OAKSHOME VALUES UP TO $1.99M



Holden Heights

SITE

SITE

OPENING 2018

El Rey Taqueria


Property Subdivision

Single Parcel

W 26TH ST

W 25TH ST

W 25TH ST

NIC

HO

LSO

N S

T

ASH

LAN

D ST

ASH

LAN

D ST

RUTL

AN

D ST

W 24TH ST

Parcel A

Parcel B

W 26TH ST

W 25TH ST

NIC

HO

LSO

N S

T

ASH

LAN

D ST

ASH

LAN

D ST

RUTL

AN

D ST

W 25TH ST

W 24TH ST

Parcel C

Parcel A Parcel B

W 26TH ST

W 25TH ST

W 25TH ST

W 24TH ST

NIC

HO

LSO

N S

T

ASH

LAN

D ST

ASH

LAN

D ST

RUTL

AN

D ST

A) Entire Site

• Parcel size: ±9.86 acres• Property can be purchased as one transaction

• Parcel A: ±6.13 acres• Parcel B: ±3.73 acres• Property can be subdivided

• Parcel A: ±3.00 acres• Parcel B: ±3.13 acres• Parcel C: ±3.73 acres• Property can be subdivided

B) North or South Tract C) Partial North Tract(s), South Tract

The Seller will consider selling the Property in one transaction or subdivided. See below for examples of potential transaction opportunities.


Property DetailsProperty Details

LOCATION Partial block bounded by W. 26th St, Nicholson St, Rutland St and W. 25th St

Partial block bounded by W. 25th St, Rutland St, Ashland St, and W. 24th St

Houston, TX 77008

LAT., LONG. 29.809660, -95.403235

TOTAL SIZE ±9.86 acres

SCHOOLS Houston ISD

PRICE To be decided by market

2017 Tax Rates

1 HOUSTON ISD 1.206700

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

48 HOU COMMUNITY COLLEGE 0.100263

61 CITY OF HOUSTON 0.584210

total 2.526348

2017 Demographics

0-1 mile 0-5 miles 0-10 miles

EST. POPULATION 16,458 150,036 420,031

5-YR EST. POPULATION GROWTH 8.13% 7.33% 7.10%

AVERAGE HOUSEHOLD INCOME $137,341 $112,484 $107,602

MEDIAN OWNER-OCCUPIED HOUSING VALUES $285,361 $242,515 $204,345

Largest available tract in the Houston Heights• Frontage on 5 streets: W. 26th St, Rutland St, Ashland St, W. 24th St, and W. 25th St• Easy walking distance (less than 0.5 mi) to W. 19th Street Shopping District, the

downtown of the Heights• The Heights Market Trail is a few feet from the western edge of the property• The Property is ideally located very close to future development: just one block from

the future HEB, 0.25 mile from the future 365 Whole Foods, and less than 0.5 mi from Heights Waterworks

• Superb highway access: Interstate 610 is just two blocks north of the Property


“Downtown of the Heights”

ASHLAND ST

W 25TH STW 24TH ST

W 23RD ST

W 22ND ST

W 20TH ST

W 27TH ST

W 2

8TH

ST

W 26TH ST

RUTLAND ST

YALE ST

N MAIN ST

NICHOLSON ST


Heights Blvd Trail

SITE SITE



Property Survey - North Tract

~408’

131.00’

598.00’225.00’

124.18’

369.57’779.86’

~348’


Property Survey - South Tract

118.50’

53.00’

150.00’

628.00’

268.50’

575.50’


N DU

RHAM

DR

NICH

OLSO

N ST

YALE

ST

HEIG

HTS

BLVD

RUTL

AND

ST

ASHL

AND

ST

N SH

EPHE

RD D

R

W18TH ST

W19TH ST

W 20TH ST

W 21ST ST

W 24TH ST

W 25TH ST

W 26TH ST

15,306 CPD


Texas Childrens Pediatrics

Hamilton Middle School

Helms Elementary School

W 19TH ST SHOPPING DISTRICT / DOWNTOWN HEIGHTSShopping

DiningBoomtown CoffeeShadeTorchy's TacosMaryam's CafeDown House

WellnessBlissful IndulgenceStudio Fitness

TheaterHITS TheatreInterActive TheaterUpStage Theatre

Juice GirlBecks PrimeHarold's Carter & Cooley CoThe Vietnam

Fly High Little BunnyAlmogabar's New LivingThreadVinal Edge RecordsManready MercantileEclectic Home

J Harding & Co.Natural PawzPenzeys SpicesJubileeRetropolisVenus HairDramatika

Zoës KitchenHunky DoryThe Rice BoxSnap Kitchen

Braun Enterprises17,962 Total SF RetailYoga studio & two ~5,000 SF restaurants

Future MF Development- One eight-story, 275-unit complex - One six-story, 63-unit complex

FutureMenchie’s Frozen YogurtCollina’s ItalianHeights MarketplaceUrban Soles OutpostPenzeys Spices

TEA+ARTVietnam Restaurant

First Saturday Arts Market

Cane RossoPainting with a Twist

Johnny's Gold Brick

Bernie's Burger BusKraftsmen Baking

Mellow MushroomTarka Indian KitchenFat Cat CreameryKA Sushi

0.25 MI

0.50 MI

0.75 MI


Heights Blvd Trail

FUTURE RETAIL

FUTURE RETAIL

OPENING FALL 2018

FUTURE DEVELOPMENT

RIDE Indoor CyclingYogaOne Studios

Studio Fitness

SITE

SITE

Map - Major Local Highlights


GARDEN OAKSHOME VALUES UP TO $1.99MSHADY ACRES

HOME VALUES UP TO $899K

Crossfit H-Town IIThroughgood Coffee

Mels' Seafood Shack

Krisp Bird & BatterCopper Penny

Gabby's BBQ


ASHLAND ST

ASHLAND ST

W 25TH ST

W 26TH ST

W 27TH ST

W 24TH ST

W 23RD ST

RUTLAND ST

NICHOLSON ST

N SHEPHERD DR

N DURHAM DR


Holden Heights

OPENING FALL 2018

Future Retail Development

SITE SITE

Aerial - West


ASHLAND ST

ASHLAND ST

RUTLAND ST

YALE ST

W 25TH ST

W 26TH ST

W 24TH ST

W 23RD ST

NICH

OLSO

N ST

GARDEN OAKSHOME VALUES UP TO $1.99M



Holden Heights

SITE

SITE

OPENING 2018

El Rey Taqueria

Aerial - NorthAerial - North


Holden Heights


“Downtown of the Heights”

ASHLAND ST

W 25TH STW 24TH ST

W 23RD ST

W 22ND ST

W 20TH ST

W 27TH ST

W 2

8TH

ST

W 26TH ST

RUTLAND ST

YALE ST

N MAIN ST

NICHOLSON ST


Jus’ Mac

Johnny's Gold Brick

Angela’s OvenBernie's Burger Bus

Heights Salon

Heights Asian Cafe

Wellness HeightsHeights Antiques On YaleYale Street Grill

Texas Children's Pediatrics 2125 Yale

Heights Blvd Trail


EAST HEIGHTSHOME VALUES UP TO $1.4M

WOODLAND HEIGHTSHOME VALUES UP TO $1.9M

SITE SITE

OPENING 2018

Aerial - East


The Houston HeightsEstablished in 1891, the Houston Heights is one of Houston’s most distinct historic neighborhoods. Twenty-three feet higher than Houston’s Central Business District located a few miles to the southeast, the area provided relief from flood-prone Buf-falo Bayou at the end of the 1800s.

The Heights is known for its grand Victo-rian homes, walkable neighborhoods and abundant opportunities for outdoor rec-reation, such as the 60-foot-wide Heights Boulevard esplanade and the Heights Hike & Bike Trail.

While Heights retail and entertainment has in the past been limited to mom-and-pop shops and funky bars, the neighborhood’s’ popularity with a young and stylish demo-graphic has in recent years encouraged the addition of Houston’s best dining, arts and theater, and mainstream retail.

New development has been especially con-centrated along West 19th Street & West 20th Street between N. Shepherd Drive and Heights Boulevard - mostly known as the West 19th Shopping District, but proudly considered “the downtown of the Heights” by residents. The District hosts unique Heights community events such as the monthly First Saturday Art Market and the annual White Linen Night.

Heights alcohol ban liftedHeights residents voted in November 2016 to lift the Prohibition-era ban on stores selling beer and wine in a “dry zone” that extended from W. 27th St. in the south to White Oak Bayou in the north and from Lawrence and Dian in the east to Oxford in the west. Lifting this restriction has led to increased development in the Heights, particularly the addition of quality grocery stores, mainstream retail, and fashionable restaurants.


“Downtown of the Heights” W 25TH ST

W 26TH ST

W 27TH ST

W 24TH ST

W 23RD ST

W 22ND ST

W 21ST ST

W TC JESTER BLVD

W 2

0TH

ST

W 19

TH ST

W 18TH

STASHLAND ST

RUTLAND ST

NICHOLSON ST

N SHEPHERD DRN DURHAM DR

GARDEN OAKSHOME VALUES UP TO $1.99MSHADY ACRES

HOME VALUES UP TO $899K


Crossfit H-Town IIThroughgood Coffee

Krisp Bird & Batter

Eureka Heights Brew CoStudio FitnessKraftsmen Baking

Future Retail DevelopmentBig Star BarCedar Creek

King's BierHaus

Providence Heights BarHubcap Grill The BootMcIntyre's

Holden HeightsFuture MF DevelopmentOne eight-story, 275-unit complex

One six-story, 63-unit complex

Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF restaurants



SITE SITE

Opening Fall 2018

Area Highlights


0.5 MILESHEPHERD DR

DURHAM DR

HEIGHTS BLVD

TC JESTER BLVD

W 20TH ST W CAVALACADE ST

E 11TH ST

WHITE OAK DR

Memorial Hermann Hospital

LAZYBROOK/TIMBERGROVEHome Prices up to $717K

COTTAGE GROVEHome Prices up to $552K

WOODLAND HEIGHTSHome Prices up to 1.6M

SHADY ACRESHome Prices up to $627K

GREATER HEIGHTSHome Prices up to $2M

EAST HEIGHTSHome Prices up to $1.4M


Heights Blvd Trail


Future

Heights Hike & Bike Trail

White Oak Bayou Trail

MEMORIAL PARK

STUDE PARK

DONOVAN PARK

LAWRENCEPARK

LOVEPARK MILROY

PARK

MONTIE BEACH PARK

MARMION PARK

HALBERTPARK

WRIGHT-BEMBREY

PARK

WHITE OAK PARK

WOODLANDPARK

W 11TH STPARK

JAYCEE PARK

LITTLE THICKET

PARK

±9.86 ACRES

Memorial Park Heights Hike & Bike Trail Donovan Park White Oak Bayou Greenway White Oak Bayou Bridge

Area Highlights: Parks & Recreation


Toyota Center • Home of the NBA’s Houston Rockets• The Toyota Center has a total of 750,000 square feet,

with 18,300 seats available for basketball, 17,800 for hockey, and 19,000 for concerts, including 2,900 club seats and 103 luxury, courtside seats

Minute Maid Park • Home of the Houston Astros and Houston Aeros pro-

fessional sports teams• Built in the year 2000, Minute Maid Park has a 242-foot

high retractable roof• Minute Maid Park has a gross square footage of 28.97

acres, a total square footage of 1,263,240, and a total of 40,963 seats

GreenStreet• Three-block, 570,000-square-foot mixed-use destina-

tion with shopping, entertainment and dining• III Forks, McCormick & Schmick’s, House of Blues,

Lucky Strike • Hosts NRG’s regional headquarters, one of the nation’s

largest energy providers• 90,000 square feet of collaborative office space with

easy access to transit and parking• Home of the Hotel Alessandra – a new 223-room luxury

hotel which opened in 2017

Discovery Green Park• Two-acre picnic lawn with one-acre lake, jogging trail,

performance stage, two dog parks, and multiple gar-dens

• Served as the planned entertainment zone, or “Super Bowl El Centro,” for the 2017 Super Bowl

George R Brown Convention Center• 1.9 million SF• $253 million economic impact• Fronted by Avenida de las Americas, a boulevard

running from Minute Maid Park to Hilton Ameri-cas-Houston, which features five restaurants and festival and event space

Houston Theater District• The Houston Theater District, an impressive 17-block

cultural and entertainment center, is the second largest performing arts district in the U.S. next to Broadway in New York City

• Nine performing arts organizations with more than 12,900 seats for live performances

• Includes 130,000 square foot Bayou Place entertain-ment complex offering popular restaurants, movies, and parks

• More than two million visitors annually• Venues include: Alley Theater, Wortham Theater Center,

Hobby Center, Sundance Cinemas, Jones Hall & Jones Plaza, House of Blues, Houston Ballet, Bayou Music Center

Top Employers

Employer # Employees

Chevron 8,600

Shell Oil Company 7,000

Chase Bank 4,892

CenterPoint Energy 3,826

KBR 2,958

NRG/Reliant Energy 2,300

ExxonMobil Corporation 2,200

Hess 2,000

Kinder Morgan 1,860

Deloitte 1,700

Enterprise Products Partners 1,360

Ernst & Young 1,300

Waste Management, Inc. 1,270

PriceWaterhouseCoopers 1,236

LyondellBasell Industries 1,200

MINUTE MAID PARK

GEORGE R BROWN CONVENTION CENTER

TOYOTA CENTER

Employment• Over 150,000 employees• Over 3,000 businesses and 50.4 million SF office

space • Class A office occupancy at 85.6%• 754,000 SF of office space is under construction• Hosts 20 of Houston’s 26 Fortune 500 companies; 9

have their headquarters in Downtown Houston

Entertainment & Attractions• Over ten million people visit Downtown annually• 22 hotels and 7,300 hotel rooms• 9 major performing arts organizations• 2 million SF retail space• Over 300 restaurants, coffee shops, and bars, includ-

ing the renowned Xochi, Potente and Local Foods

Downtown Houston3.5 miles from the Property


Office developments• Skanska resumed construction on Capitol Tower, its

35-story 754,000 SF office tower at 811 Rusk; the lead tenant, Bank of America, preleased 210,000 SF and has acquired the naming rights for the tower

• Chevron’s 1500 Louisiana is undergoing a $10 million renovation as part of the company’s relocation of around 900 employees from its Bellaire campus

• Global co-working giant WeWork will open its first Houston location Downtown soon in The Jones at Main at 708 Main; WeWork will occupy 86,000 SF, housing over 1,400 of its members; the facility will accomodate a range of companies (individuals, startup firms and entrepreneurs) and provide private office space for 120+ employees of companies that require a regular presence in Houston

• Hines unveiled its twenty-first tower in the Houston skyline, 609 Main, at a grand opening on May 17; Hines is the building’s first tenant and moved into their new Southwest regional office on the 44th floor on April 22; the building is 60 percent leased

New retail & restaurant openings • A new nanobrewery, 160ft Beerworks • Bud’s Pitmaster BBQ opened at 1001 Avenida de Las

Americas• Cake Life Co., a local bakery that specializes in custom

cakes• The Conservatory Food Hall and Beer Garden at 1010

Prairie added new food and beverage vendors this spring—Arte Pizzeria from pastry chef Kelsey Hawkins; Mars Bakery, a doughnut and pastry bar; and Noble Rot Wine Bar, a “boutique wine bar”

• LAUNCH, a collaborative pop-up shop returned Down-town on April 1, featuring new local designers and artisans

• Stack Burger, a casual restaurant and burger stand is open at 703 St. Joseph Pkwy

• The Tipping Point, Downtown’s first and only creative lifestyle destination

2Q 2017Downtown Houston Market Report 4

RETAIL HIGHLIGHTS

9new retailers

Market Overview

RETAIL (CONTINUED) The Tipping Point, Downtown’s first and only cre-ative lifestyle destination, is open in the Historic W. L. Foley Building at 214 Travis Street. Locally owned and operated by native Houstonians since 2007, the store curates a select collection of limited-edition footwear, books, art, apparel, music, and accessories that are a reflection of their creative lifestyle. (Website)

COMING SOON:B&B Butchers owner, Benjamin Berg, will be opening Benjamin’s, a new 16,000 SF world-class restaurant on the ground and mezzanine floors of The Star apartment building at 1111 Rusk. The new restaurant is expected to open towards the end of summer 2018. (Chronicle, HBJ, RNR)

Café Cosmopolita will be opening on the ground floor of SkyHouse Houston at 1625 Main Street in mid-September. The independent specialty coffee shop with a modern and international theme will serve high quality espresso based drinks, coffee, tea, pastries, breakfast sandwiches and other beverages.

Finn Hall is set to open in early 2018 at 712 Main in The Jones on Main. The 20,000-SF food hall will feature a dozen chef-driven food outlets, a craft beer and curated wine bar, an art deco cocktail lounge, and private spaces. The food hall will serve breakfast, lunch and dinner. (Chronicle, HBJ)

High & Dry, a new rum bar set to serve up an “urban oasis” will be opening on the second floor of 306 Main Street. (Houston Eater)

An upscale white table cloth full-service restaurant, Lucienne, and lobby bar, Bardot, are planned on the second floor of the new Hotel Alessandra. The restau-rant will feature Mediterranean cuisine from countries such as Portugal, Greece, France and Spain and seat about 100. (Chronicle)

Celebrity Chef Bryan Caswell, the chef-owner of Reef, El Real, and Little Bigs plans to open a new restaurant, Oxbow 7, on the ground floor of the new Le Méridien hotel at 1121 Walker St., and a rooftop bar, Hoggbirds on the 22nd floor. The restaurant and bar are expected to open along with the hotel on August 22. (HBJ, culturemap, Website)

Owners of Montrose coffee shop Blacksmith, Morning-star and Greenway Coffee & Tea plan to open Prelude Coffee and Tea inside 609 Main's lobby. (HBJ)

Dallas-based restaurant and bar concept by Pat Green and FreeRange Concepts, The Rustic, will open its first Houston location Downtown at 1836 Polk St., next to the George R. Brown Convention Center. The 25,000-SF restaurant and bar is expected to open in the summer of 2018 and create more than 200 Houston jobs. (HBJ)

The Tipping Point

THE TIPPING POINT

LAUNCH POPUP SHOP 160FT BEERWORKS

Other developments & updates• The new 21-dock BCycle station, Downtown’s

fifteenth location, was installed at the Jury Assembly Building located at 1202 Franklin Street in June 2017

• Uber Technologies Inc. and Cameron Manage-ment have named the Esperson Building as a designated pickup and dropoff building

• Construction on the new Downtown campus of the High School for the Performing and Visual Arts (HSPVA) has topped out and the new HSPVA campus is on track for completion in the fourth quarter of 2018

• The Lee and Joe Jamail Skatepark at Buffalo Bayou Park has reopened after a $2 million renovation

RENDERING: FINAL DESIGN OF HIGH SCHOOL FOR THE PERFORMING AND VISUAL ARTS (HSPVA)

RENDERING: HOTEL ALESSANDRA AND THE GREENSTREET REDEVELOPMENT

Downtown Houston3.5 miles from the Property


FOUR OAKS PLACE - UPTOWN DISTRICT

THE GALLERIA MALL

Employment• Occupies 500 acres and is the 15th largest business

district in the U.S.• 26 million total square feet of commercial office space• Class A occupancy rate remains at a steady 90%

throughout the year• Over 16 million square feet of Class A office space • 13% of Houston’s total “Class A” office space, second

only to Downtown Houston)• Hosts over 82,000 employees and 2,000 companies,

including Fortune 500 companies Apache, Spectra Energy, and Marathon Oil

Retail & Hospitality• Home to the largest number of couture retailers

in the city, including Versace, Yves Saint Laurent, Giorgio Armani and Bulgari

• 55% of residents within a three-mile radius earn over $75,000 annually

• Six million square feet of retail space and more than 1,000 stores

The Galleria Mall• Three million-square-foot, mixed-used site on 52

acres• Fourth largest retail complex in the United States • Hosts more than 30 million visitors annually,

making it the number one shopping and tourist attraction in Houston

• Houston’s most prestigious shopping including stores such as Neiman Marcus, Cartier, Hermes of Paris, Saks Fifth Avenue, Louis Vuitton, Ethan Allen, and Houston’s only Nordstrom

Hospitality• Over 30 million people visit the District every year• 34 hotels with over 7,800 hotel rooms (more full

service hotels than any other district in Houston) • Highest hotel occupancy rate in Houston• Nearly 10% of Houston’s total hotel rooms

New Developments

• In 2016 the Galleria opened a new 198,000-square-foot Saks Fifth Avenue

• A high-rise 30-story residential tower is also planned, with 225 hotel rooms and 75 to 10 condo-miniums

• Recently added a 180-foot-long retail corridor for high-end boutiques called “Galleria IV”; most shops opened in the second quarter of 2017

Top Employers

Apache Corporation

BBVA Compass Bank

Bechtel Corporation

BHP Billiton

Cambridge Energy Research Associates, Inc.

Clear Channel Communications

Datacert, Inc.

Goodman Global Group, Inc.

Hines

Landry’s

LiveNation

Marathon Oil

S&B Infrastructure, Ltd.

Schlumberger Limited

Spectra Energy

Stewart Information Services Corporation

Engie (prev. GDF SUEZ)

TeleCheck International, Inc.

Williams

Uptown District/The Galleria4.5 miles from the Property


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the

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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

17

±9.86 Acres at Rutland St and W. 25th St...±9.86 Acres at Rutland St and W. 25th St Largest...

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Transcript of ±9.86 Acres at Rutland St and W. 25th St...±9.86 Acres at Rutland St and W. 25th St Largest...