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 2 CBRE, Inc. CBRE, Inc.

3
Retail: +/- 100,000 SF; Floors 1 & 2

Boutique Office: +/- 110,000 SF; Floors 3 & 4

Two Residential Towers: The James

and The Ivy total 641 units of luxury
multifamily living

2 acre park centered between the

residential and retail buildings

Park Place is a
unique shopping
destination situated
at the epicenter of High
Street Houston.

A place where people feel

comfortable living, working,
shopping and dining.

A community unlike any other in

the city.
HOUSTONS OWN
MAGNIFICENT MILE 4 CBRE, Inc. CBRE, Inc.

5
BLVD PLACE UPTOWN PARK
THE GALLERIA HIGHLAND VILLAGE
2.4M Square Feet 400,000 Square Feet
HOUSTON GALLERIA Tourist destination with 30 million Destination for national retail tenants
shoppers annually
Features exclusive specialty stores and fine dining
Over 400 stores and restaurants
Saturday morning farmers market
Two hotels and three office towers
Anchors include Nordstrom, Neiman
Marcus and Saks Fifth Avenue

UPTOWN PARK RIVER OAKS DISTRICT

156,019 SF of retail 252,000 Square Feet
WESTHEIMER RD
Restaurant and retail open air Luxury mixed-use development
shopping district
92,000 SF of creative office
High end residential condos and
280 residential units (Grey House)
RIVER OAKS DISTRICT HIGHLAND VILLAGE boutique luxury hotel
High fashion luxury shopping
Over 46 stores and services
P

BLVD PLACE
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Whole Foods anchored mixed use development

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284,000 SF development (160,000 SF of retail,

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124,000 SF of office)
61
HOUSTON
IS... 6 CBRE, Inc. CBRE, Inc.

7
4TH Largest city in the U.S.

5TH Largest metro area in the U.S.

Economic/ Cultural Home of the Gulf Coast

One of the Top 10 cities of the Gulf Coast

Low cost of living - 20.4% below U.S. average

14.8 million visitors per year

$118 billion in 2015 on retail sales

No state income tax

DEMOGRAPHICS
Largest Medical Center in the U.S.
Population: 6,707,795
Home to 24 Fortune
Total Households: 2,392,462
500 companies
Avg. HH Income: $88,211
Median Age: 33.2 The largest port on the
Total Employees: 2,958,960 Gulf Coast & 2nd largest
College Students: Over 268,000 in the U.S
DEVELOPMENT
OVERVIEW 8 CBRE, Inc. CBRE, Inc.

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10

178
8

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MID LN

MID LN
10 8 9

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41

39

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WESTHEIMER RD
PARKING COUNT SURFACE PARKING TOTAL: 304 PARKING GARAGE TOTAL: 490 TOTAL PARKING: 794
RETAIL RSF: 99,985 SF OFFICE RSF: 105,950 SF TOTAL RSF: 205,935 SF PARKING RATIO: 3.85 / 1,000 SF
PARK PLACE
RIVER OAKS
THE
NEIGHBORHOOD 10 CBRE, Inc. CBRE, Inc.

11
310,465 $144,797 2.6%
2016 2016 AVG 2016-2021
POPULATION HOUSEHOLD POPULATION
INCOME GROWTH

THE HEIGHTS
MEMORIAL
TANGLEWOOD
RIVER OAKS

122,343 $617,474 15 MILLION

AFTON OAKS
DAYTIME AVERAGE HOUSTON
EMPLOYMENT HOME VALUE VISITORS
PER YEAR

WEST U
BELLAIRE

DEMOGRAPHICS WITHIN A 5 MINUTE DRIVE

OUR
VISION 12 CBRE, Inc. CBRE, Inc.

13

Park Place River Oaks

will comprise a unique mix
of luxury brand retailers, home
furnishing stores and chef-driven
restaurants that will cater to the desires
of the surrounding neighborhood.
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16 CBRE, Inc. CBRE, Inc.

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 A TIM
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CBRE 2015 All Rights Reserved. All information
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included in this letter/proposal pertaining to CBRE

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BRUCE WALLACE

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including but not limited to its operations, employees,

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technology and clientsare proprietary and confidential,
R Vice President

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and are supplied with the understanding that they will be
713.577.1608
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held in confidence and not disclosed to third parties without
the prior written consent of CBRE. This letter/proposal is intended bruce.wallace@cbre.com

W ADDI
solely as a preliminary expression of general intentions and is to be
used for discussion purposes only. The parties intend that neither
shall have any contractual obligations to the other with respect to the
matters referred herein unless and until a definitive agreement has been RADKEY JOLINK
fully executed and delivered by the parties. The parties agree that this Vice President
letter/proposal is not intended to create any agreement or obligation by
R

either party to negotiate a definitive lease/purchase and sale agreement and 713.577.1694
radkey.jolink@cbre.com
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imposes no duty whatsoever on either party to continue negotiations, including

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without limitation any obligation to negotiate in good faith or in any way other than
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at arms length. Prior to delivery of a definitive executed agreement, and without any

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liability to the other party, either party may (1) propose different terms from those

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summarized herein, (2) enter into negotiations with other parties and/or (3) unilaterally
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terminate all negotiations with the other party hereto. TO
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