THEATER. TOWN CENTRE ONE 10 STORY 256, ,489 Net Rentable sqft. PHASE II: TOWN CENTRE TWO 65 STORY - 100,000 sf QUEENSBURY LN

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TOWN CENTRE I & II

TOWNCENTRE I ONE & II QUEENSBURY LN THEATER TOWN CENTRE ONE 10 STORY 256,199 254,489 Net Rentable sqft SERVICE 8-LEVEL GARAGE 1,370 PARKING SPACES TOWN & COUNTRY BLVD PHASE II: TOWN CENTRE TWO 65 STORY - 100,000 sf SITE PLAN -

LOCATION Epicenter of West Houston The 4.649 acre tract, known as Town Centre I & II, is located at the southeast corner of Town & Country Boulevard and Queensbury Lane. The site is approximately 650 feet east of the Sam Houston Tollway (Beltway 8) and approximately 1,926 feet south of Interstate 10. When developed, the site will have direct access to Town & Country Boulevard and Queensbury Lane with easy access to Interstate 10 and the Sam Houston Tollway. The site will also have access to Memorial Drive via the neighboring development, Town & Country Village.

TOWN CENTRE I & II I-10 CENTRAL LOCATION CITYCENTRE BELTwAY 8 TOwN & COUNTRY VILLAGE 2.2 M SF SF combined project with with TOWNCENTRE ONE CITYCENTRE and Town & and Country Town Village. & Country Village.

TOWN CENTRE I & II

East Elevation TOWN CENTRE I

West Elevation - Street Level TOWN CENTRE I

TOWN CENTRE I & II Proposed Town Centre I & II Town Centre will comprise of two, Class A, LEED Gold Certified office buildings fronting the intersection of Queensbury Lane and Town & Country Boulevard and a new state-ofthe-art auditorium and community theater. Phase I Town Centre I will consist of a 10 story, 254,489 square foot Class A LEED Gold Certified office building with structured parking allowing for a 3.5:1 per thousand parking ratio. Typical floor sizes will be 26,657 square feet and tenants will be served by four passenger elevators and a freight elevator. In addition to the office buildings, the complex will have a state of the art community theater and auditorium available to the tenants for additional meeting or event space. Tenants will be offered sweeping views to the east of the Houston skyline and to the west of the Energy Corridor. Phase II Town Centre II will consist of a 5 story, 100,000 square foot Class A office building. The typical floor size will be 20,000 square feet and tenants will be served by three passenger elevators and a freight elevator. Like its neighbor, Town Centre II, it will have a LEED Gold Certification and will have street frontage on Town & Country Boulevard immediately south of Town Centre I. Tenants in Town Centre II will also have access to the community theatre and auditorium should they need additional event space.

TOWN CENTRE I & II Amenity Rich Site Town Centre s location between two of the top retail destinations in West Houston provides a proximity to amenities that is virtually unmatched in the area with more than 800,000 square feet of retail, restaurant, and shopping space within walking distance. Tenants who lease space in the project will be able to benefit from a top tier retail development and a premiere mixed use development. Town Centre I & II will be located in the middle of an 2.2 million square foot shopping, business and entertainment destination comprising of Town & Country Village and CityCentre.

BUILDING FEATURES Phase I Ten (10) Floors - 254,489 SF 26,657 SF Floor Plates Architectural Masonry and Glass Curtain Wall Exterior Stone and Wood Two Level Lobby Class-A Public Area Finishes Dual Pane Low E Glass Four High-Speed Geared Elevators Dedicated Freight Elevator Covered Climate Controlled Walkway from Garage 24/7 Security Fully Automated, Programmable DDC HVAC System Controls/Energy Management System Energy Efficient Variable Air Volume HVAC System Energy Efficient Features, LEED Gold Fire Sprinkler System Designed in accordance with NFPA 13 Electrical Service designed to accommodate 6 Watts per usable square foot Energy Efficient Electronic Ballast Light Fixtures with T8 Lamps K-Rated Transformers to accommodate Tenant Computer Loads

ECONOMIC OVERVIEW Size of Site Building Size 4.649 Acres (202,511 SF) Phase I - 10 story/ 254,489 SF/ 26,657 per floor Phase II - 5 stories/ 100,000 SF/ 20,000 per floor Quoted Rental Rate $28.50-$30.00 per RSF (NNN) Quoted T.I. Allowance $40.00 per RSF (minimum of a five (5) year term) Parking Information Parking Ratio - 3.5/1,000 SF Reserved Rate - $75.00 per space per month Unreserved Rate - $45.00 per space per month Expected Delivery Date Phase I - First Quarter 2015 Architect Kirksey Architecture LEED Certification Silver Managed and Leased by Moody Rambin

RETAIL & RESTAURANTS Focus on firsts: Town & Country Village and CITYCENTRE are landmark mixed-use developments with carefully chosen retail, restaurant and entertainment tenants that offer a unique blend while incorporating a number of firsts for the market 900K of CITYCENTRE and Town & Country Village retail and restaurant space Mix of brands to compliment an active lifestyle. From Anthropologie to Sur La Table, there s something for everyone

TOWN CENTRE I & II ASIAN BISTRO + LOUNGE

TOWN CENTRE I & II

HOTEL SORELLA 255-room luxury flagship hotel, for the prestigious Valencia Group, offering spacious residential-style guest rooms and suites with stylishly designed furnishings and dark hardwood floors Notable awards include the Condé Nast Traveler s Gold List - Top 500 Hotels in 2011, #11 on the Readers Choice Awards in 2010 and tied Four Seasons New York for #11 Travel Hotel in the Nation Best performing hotel in West Houston with a yearto- date RevPAR* Index of over 167%. (Exceeding performance of West Houston hotels in both occupancy and rate by 85%) *revenue per available room Preferred destination for business travelers that are visiting headquarters of Fortune 500 companies in the dense office corridor Favorite staycation spot for Houstonians - anniversaries, birthdays or a special night away Featuring Monnalisa with a dreamy starlit ceiling, central fireplace and open-air courtyard overlooking the CITYCENTRE plaza Sorella lobby lounge wine and espresso bar with outdoor terrace overlooking the plaza green

RESIDENCES Providing a neighborhood for residents in an urban environment and a built-in customer base for retailers and restaurants Domain at CITYCENTRE: 370 multi-family units THE LOFTS CITYCENTRE: 250 urban lofts The Brownstones: 35 sophisticated homes The Residences at Hotel Sorella: 6 exclusive condos atop Hotel Sorella providing luxurious amenities and panoramic views Rental residences: 100% leased and the Domain Phase II is under construction

DYNAMIC COMMUNITY DESTINATION Exciting environment providing more than 125 unique events at CITYCENTRE in 2011 Live music on the plaza Shopping opportunities: Weekly Eco-Farmers Market, Spring Market, Friday Art and other specialty events Fitness classes in the plaza: Guinness World Record Spinning Class and Green 6.2 Run Holiday festivities: Fourth of July and New Year s Eve Fireworks, Glisten Holiday Lighting & Music and a Halloween Spook-tacular event Unique events: Dancing Under the Stars, Doggy Party on the Plaza, Music Festival, Fashion Show, Wine & Art Festival, Stiletto Stampede and other fun festivities Meeting point for community organizations: CITYCENTRE Running Club & Breakfast Yoga Club

FITNESS & SPA Life Time Athletic, a 140,000 SF prototype urban fitness facility Full service LifeSpa Salon Naturally healthy menu options available at LifeCafe More than 450 pieces of equipment Peak usage hours from 10 AM - Noon and 5-7 PM Regulation soccer field and 3 full-size basketball courts 3-story rock-climbing wall 3 pools, including a 5,000 SF outdoor pool and lounge area 83 free general fitness classes offered and many specialty Summer camps / children s classes

THE WOODLANDS 59 STRATEGIC LOCATION 290 45 90 Strategically located at I-10 and Beltway 8, primary East/West and North/South corridors 2M people can easily reach TOWNCENTRE in 20 minutes 10 ENERGY CORRIDOR 8 CityCentre TownCentre DOWNTOWN 610 10 Population of approximately 700K in a 7 mile radius Located in the energy corridor, the second largest office market in Houston behind Downtown Strong daytime population due to 40M SF of office space in the adjacent Energy Corridor and Westchase Business District home to corporate HQ s for BP, Shell, ExxonMobil and BMC Software, among others 59 PEARLAND 45 500K cars per day travel by TOWNCENTRE Easy access Easy access to the to offices the offices in the in Energy the Energy Corridor, Corridor, the the Westchase Westchase Business Business District, District, Downtown Downtown and The and Galleria The Galleria 6