1Scott Myers512.314.3571 scott.myers@transwestern.com

VIEW PROPERTY VIDEO

Ideal Owner/User Investment Opportunityin an Opportunity Zone

210700 NORTH FREEWAY

• Over 160,000 SF available for lease

• Move-in ready spec suites

• Secured, full garage parking

• 5 parking spaces per 1,000 SF leased

• Building and monument signage available

• Common area renovations complete including lobby, tenant lounge and new conference facility

• On-site food service

• Redundant fiber and WiFi

• On-site guard service

A newly renovated Class A office building in North Houston

• Class A 10-story office building measuring 182,325 SF with over $4.3 million in recent capital improvements

• Highly efficient floor plates with a contiguous block of 165,048 SF available for a new owner/user

• Premier building signage available viewed by over 300,000 vehicles per day

• Ideal location with easy freeway access serving all areas of the Houston MSA

• Available for purchase at a fraction of replacement cost

INVESTMENT HIGHLIGHTS

VIEW PROPERTY VIDEO

Tenant Lounge

3OFFERING MEMORANDUM

Elevators on 1st Floor

Security Desk in Lobby

10th Floor

Tenant Lounge Monument Sign

410700 NORTH FREEWAY

HVAC System The building is served by two Trane centrifugal chillers rated at 250 tons each, which were installed in 2009. Additionally, a 500-ton Baltimore Air cooling tower was installed in 2009. Building air is supplied by one air handler per floor with VAV boxes throughout the floorplate - heat is supplied by strip heaters located on the perimeter of each floor.

RoofThe building roof was replaced in 2016 at a cost of $390,000 and includes a 20-year transferrable warranty.

Curtain WallThe entire curtain wall was overlaid and sealed in 2018 at a cost of $1,038,000.

ElevatorsVertical transportation in the building is provided by 4 traction elevators with a 2,500 pound capacity rated at 350 FPM. The building elevators were modernized in 2012. The parking garage elevator is a hydraulic system rated at 2,500 pounds at 125 FPM, which was modernized in 2009.

Life Safety

The building is equipped with an automatic fire sprinkler system consisting of standpipes in stairwells and sprinklers on all floors of the building. Fire suppression water is boosted by a diesel fire pump that was replaced in 2018 at a cost of $103,000. Additionally, a Silent Knight fire panel is located on the first floor of the building. A Detroit diesel generator rated at 100 kva supplies emergency power to all life safety equipment and emergency lighting in the event of a power outage.

EMSThe building is served by a Johnson Metasys management system, which was upgraded in January 2019.

BUILDING INFORMATION

Year Cost

New Roof 2016 $390,000

New Roof Anchor System 2016 $53,000

Management Office Upgrade 2017 $85,000

Building Conference Room 2017 $58,000

Lobby Renovation 2017 $535,000

Fire Pump Replacement 2018 $103,000

Retrofit & Renovate Level 1 & 4 Restrooms 2017 $300,000

Renovate Level 9 Restrooms 2018 $60,000

Building Cafe 2017 $127,000

Replace Building Plumbing Main 2017 $57,000

White Box Suites 450 & 470 2018 $115,000

White Box Suite 100 & Level 10 2018 $96,000

Curtain Wall Overlay 2018 $1,038,000

Replace Ground Fault 2018 $14,000

Complete Building Sprinkler System 2017 $142,000

Renovate & Enclose Breezeway 2018 $72,000

Replace Breezeway Roof 2018 $10,300

Parking Garage Repairs 2018 $418,000

Update Common Areas 2, 3, 4 & 9 2018 $52,000

Upgrade Access System; Add Toll Tag System to Garage

2018 $10,300

Upgrade Security Cameras 2018 $55,000

Upgrade Garage Lighting to LED 2019 $41,000

Surface Visitor Parking Lot 2018 $436,000

Replace Water Pump 2018 $50,000

TOTAL $4,317,600

Completed Capital Improvements

5OFFERING MEMORANDUM

The Opportunity Zones program offers investors the following incentives for putting their capital to work in low-income communities:

A temporary tax deferral for capital gains reinvested in an Opportunity Fund. The deferred gain must be recognized on the earlier of the date on which the opportunity zone investment is sold or December 31, 2026.

A step-up in basis for capital gains reinvested in an Opportunity Fund. The basis of the original investment is increased by 10% if the investment in the qualified opportunity zone fund is held by the taxpayer for at least 5 years, and by an additional 5% if held for at least 7 years, excluding up to 15% of the original gain from taxation.

A permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in a qualified opportunity zone fund, if the investment is held for at least 10 years. (Note: this exclusion applies to the gains accrued from an investment in an Opportunity Fund, not the original gains).

OPPORTUNITY ZONE INCENTIVES

OPPORTUNITY ZONEOpportunity Zones are low income census tracts nominated by governors and certified by the U.S. Department of the Treasury into which investors can now put capital to work financing new projects and enterprises in exchange for certain federal capital gains tax advantages. The country now has over 8,700 Opportunity Zones in every state and territory.

OPPORTUNITY FUNDSOpportunity Funds are private sector investment vehicles that invest at least 90 percent of their capital in Opportunity Zones. U.S. investors currently hold trillions of dollars in unrealized capital gains in stocks and mutual funds alone— a significant untapped resource for economic development. Opportunity Funds provide investors the chance to put that money to work rebuilding the nation’s left-behind communities. The fund model will enable a broad array of investors to pool their resources in Opportunity Zones, increasing the scale of investments going to underserved areas.

US Tax Code Opportunity Zone

Lobby Conference Facility Directory & 1st Floor Corridor

610700 NORTH FREEWAY

Notes:Total Building SF 181,664 SFBuilding Occupancy with 150,000sf Tenant 82.57%Remaining Vacancy 31,664 SF For future growth or for additional income

Total User SF 150,000 SF

Initial Monthly Rent @ $18/sf/year Gross $225,000.00 Year 1 Annual Rent $2,700,000.00 Total projected rent over 10 year lease term $29,564,246.70

Owner/User Estimated Occupancy Cost ($10.00 OPEX) $1,500,000.00 Annual P&I Payments at 4.5% $593,724.00Cash Flow from other tenants $253,312.00 (Net of operating expenses)

Net Annual Occupancy Cost in Owner/User Scenario $1,840,412.00 Lowered occupancy cost due to offset in NOI from building

Total Projected Occupancy Cost over 10 years $18,404,120.00

Initial Mortgage Balance $8,901,536.00 Deduct Monthly P&I Payments at 4.5% $49,477.00 Ending Mortgage Balance Year 10 $6,467,721.00

Gross Sales Price after 10 Years $20,912,553.35 (Cap rate of 9%)

Buy vs. Lease Scenario for End User at 10700 North Freeway

A 150,000sf tenant benefits from ownership in an Opportunity Zone:

Seller financing available.

7OFFERING MEMORANDUM

IMP

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22

IHOP Rico’s Mexican Cafe Indian Grill

Monterey’s Little Mexico Cajun Town Cafe Asiana Garden Restaurant Chef Lin’s Hunan Yuan

Piazza Cafe

Anthony’s Pizza

Hilton Houston North

Houston Marriott North

Hyatt Place Bush Intercontinental Airport

Hyatt North Houston

Residence Inn Houston at Intercontinental Airport

Park Inn by Radisson Baymont Inn & Suites

Quality Inn & Suites

Uncle Tong’s Chinese Restaurant Schlotzsky’s Deli Rising Roll Gourmet Ichiban Japanese Seafood & Steakhouse

Prescott Grill - Marriott North Greenspoint

Jimmy G’s Cajun Seafood Restaurant

Super Chicken

East Mesquite Grill

Waffle House

Starbucks

Ostioneria Michoan El Papaturro

Denny’s Canton Chinese Restaurant

Pappas Seafood House

Pho Houston Chili’s Bar and Grill Jalisco Mexican Food

China Buffet Restaurant Mambo Seafood Market

Maine-ly Sandwiches

Moon Palace Restaurant China Border

Bonfire Wings

Panda Express

Tampico Seafood & Cocina Mexicana

Tacos de Julio III

Taco Cabana

RESTAURANTS HOTELS

21

18

16

232019

1117

15

14 13

12

12

3 4

5

6 78

9

10

1

2 34 5

6 7

1

2

3

4

5

6

7

8

9

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4

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810700 NORTH FREEWAY

AVAILABILITY

Available Leased

Available

18,919 SF

Available4,846 SF

Available18,919 SF

Available18,851 SF

Available18,851 SF

Available12,327 SF

Available18,757 SF

Available18,687 SF

Available9,794 SF

Availiable

18,919 SF

Floors

10

9

8

7

6

5

4

3

2

1

Total =158,870 SF

SAMPLE PLANS

JAN

WOMEN

MEN

MECH

ELEC ELEV# 2

ELEV# 1

ELEV# 4

ELEV# 3

STAIRB

STAIRA

FP

FEC FP

FEC

TEXASHOUSTON

A PROJECT FOR

SCALE: As indicated

151281

7TH FLOOR - OVERALL FLOOR PLANOVERALL FLOOR PLAN - TOTAL = 18,919 NRA

TRANSWESTERNTW 10700 NORTH FREEWAY

01/07/16

SCALE: 1/8" = 1'-0"

OVERALL 7TH FLOOR PLAN

Su i te 700 - 18 ,919 SF

Su i te 1000 - 18 ,919 SF

ELEC

MECH

ELEC

WOMEN

MEN

JAN

ELEV# 2

ELEV# 1

ELEV# 4

ELEV# 3

STAIRB

STAIRA

FEC

FP

FEC FP

TEXASHOUSTON

A PROJECT FOR

SCALE: As indicated

151281

10TH FLOOR - OVERALL FLOOR PLANOVERALL FLOOR PLAN - TOTAL = 18,919 NRA

TRANSWESTERNTW 10700 NORTH FREEWAY

08/17/16

SCALE: 1/8" = 1'-0"

OVERALL 10TH FLOOR PLAN

9OFFERING MEMORANDUM

Move-in ready suites availableSu i te 470 - 4 ,098 SF

PLAN NORTH

10700 North Freeway Houston, , TX 6/19/18IDG Project #

MARKETING PLAN

LEASING CONTACT:Michelle Wogan, Paula MusaP: 713.270.7700Email: Michelle.Wogan@transwestern.com Paula.Musa@transwestern.com

FLOOR 4

1010700 NORTH FREEWAY

TEST FIT EXAMPLE

Su i te 700 - 18 ,919 SF

3118 Richmond Ave., Suite 200Houston, Texas 77098T 713.524.5555, F 713.524.4777www.invdesgroup.com

Lv 8 Test Fit Plan

9/28/17

Interim Review Only- Not for regulatoryapproval, permitting or construction.© Inventure Design Group. All rights reserved. No part of this documentmay be reproduced or utilized in any form without prior writtenauthorization of Inventure Design Group.

US Legal Support

10700 North Fwy Houston TX 77060

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Approved by (Signature)________________________________   (Printed Name, Title)________________________________Date________________________________

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ELEV# 1 ELEV# 4

ELEV# 3

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OE

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GROWTH

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GROWTH

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GROWTH

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CS

CS

CS

CS

CS

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CS

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CS

CS

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CR

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CR CROfÞce220 sf

CS Mgr164 sf

Sales Admin164 sf

Sales/ Mkg169 sf

Conference183 sf

OE OfÞce145 sf

OfÞce146 sf

Mkg/ Sales Stor.178 sf

Conference710 sf

Turn In OfÞce186 sf

Turn In OfÞce122 sf

Records123 sf

Records File123 sf

CR/ PROD140 sf

Video Stor.212 sfRecords

729 sf

CR Stor.107 sf

CR OfÞce209 sf

CR OfÞce140 sf

Conference433 sf

Coffee/ Copy288 sf Coffee/ Copy

79 sf

Servery95 sf

Wellness76 sf

Reception501 sf

OfÞce

Conference

Break Room/Coffee

Reception/Lobby

Workstations

Administration

Files/Storage

Copy/Fax

IT/Telecom

Other

SCALE: 1/16" = 1'-0"1 Level 8- 10700 N. Fwy 2 Legend

"" EXISTING

PARTITION

" NEW PARTITION

" NEW PARTITIONTO DECK W/INSULATION

"" " EXISTING

PARTITION TAKETO DECK W/INSULATION

" HATCH INDICATESNEW MILLWORK(RE: ELEVATIONS)

11OFFERING MEMORANDUM

SITE PLAN

VisitorParking

Existing Building

Existing Parking Garage

(5/1,000 parking)

INT

ER

ST

AT

E 4

5

67 Total Surface Parking Spaces

64 regular spaces3 handicap spaces

TOTAL - 67 SPACES

10700 NORTH FREEWAY

FOR MORE INFO:

MICHELLE WOGANExecutive Vice President

713.270.3348

Michelle.Wogan@transwestern.com

SCOTT MYERSManaging Director

512.314.3571

Scott.Myers@transwestern.com

PAULA MUSASenior Associate

713.231.1630

Paula.Musa@transwestern.com