-
W. 19
TH S
T.
W. 19
TH S
T.
W. 19
TH S
T.
N DURHAM DR
W. 18TH ST.
W. 18TH ST.
W. 18TH ST.
W. 17TH ST.
W. 17TH ST.
W. 17TH ST.W. 2
0TH ST.
W. 20TH
ST.
W. 20TH
ST.
Opening Fall 2018
Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF
restaurants
K-9 Angels Rescue
Hubcap Grill Houston Heights
Cedar Creek Cafe Bar & Grill Wicklow Heights
Big Star Bar
The Boot
COMING SOONBungalow Heights
Fortune One FoodsEureka Heights Brew
GREATER HEIGHTSHome Prices up to $1.7M
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
Wright-Bembry Park
0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
±0.95 ACRES±0.95 ACRES±0.95 ACRES
DRAKE HOMESTownhomes up to $445K
URBAN LOFTSTownhomes up to $414,900
±0.95 Acres at 1231 W. 18th Street in the HeightsHouston, TX
77008
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
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 ±0.95 acres at 1231 W. 18th Street, Houston, TX
77008 (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±0.95 ACRES AT 1231 W. 18TH ST
-
1231 W. 18th Street in the Houston Heights• Half a mile from the
retail center of west
Heights on W. 20th Street - including HEB, Walgreens, Foodarama,
bike shops, fitness centers, and various restaurants and bars
• Less than 1500 feet from the White Oak Bayou Greenway, which
provides over 15 miles of public greenspace and hike-and-bike
trails connecting the Heights with Washing-ton Corridor and
Downtown Houston
• Townhomes across W. 19th St from the Prop-erty are priced up
to $445,000
• Excellent highway access: Interstate 610 is just 0.7 mile
north of the Property
Distance to Major Highlights• W. 19th Shopping District: 1.2
miles• Memorial Park: 1.8 miles• Washington Corridor: 2.8 miles•
Galleria/Uptown District: 4 miles• Downtown Houston: 4.2 miles•
Midtown: 5 miles• Memorial City: 7 miles
Property Overview
BEVI
S ST
.
BEAL
L ST
.
N. D
URHA
M D
R
N. S
HEPH
ERD
DR
E TC JESTER
ELLA
BLV
D
W 19TH ST
W 18TH STW18TH ST
W 17TH ST
W 16TH ST
W 15 1/2 ST
W 20TH ST
W 21ST ST
W 22ND ST
W 23RD ST
W 24TH ST
W 25TH ST
0.25 MI
0.50 MI
0.75 MI
White Oak Bayou Greenway
Hubcap Grill
Cedar Creek Cafe Bar & Grill
Mellow MushroomFat Cat CreameryCane RossoPainting with a
Twist
Slava Boxing Gym & Heights Fitness
Eureka Heights Brew
Crisp Wine-Beer-Eatery
McIntyre’s
Providence Heights BarSalas Mexican Grill
Life StorageVictorian’s BarbecueHughie’s Tavern & Grille
SpotFlyin Dragon
Wicklow Heights
Big Star Bar
The Boot
Restaurant Depot
SHADY ACRESUP TO $945K
LAZYBROOK/TIMBERGROVEUP TO $629K
Greater HeightsUP TO $1.7M
±0.95 Ac10
,000 C
PD
W. 19TH ST.
W. 19TH ST.
W. 19TH ST.W. 1
8TH
ST.
W. 1
8TH
ST.
W. 1
8TH
ST.
BEVIS ST.BEVIS ST.BEVIS ST.
E TC JESTERE TC JESTERE TC JESTER
W. 20TH ST.W. 20TH ST.W. 20TH ST.
LAZYBROOKE/TIMBERGROVEHome Prices up to $629K
White Oak Bayou Greenway
Southern Floral
MAXIT Flower Design
Orion EMS
Restaurant Depot
King’s BierHausI Cycle Bike ShopTea + Victory
McIntyre’s
Life Storage
April’s Nail SalonLX HAIR STUDIOThe Little GymMy House
Fitness
Mundo Used CarsFlying DragonLazy BrookSpotNails LoveHughie’s
Taven & Grille
Cavatore ItalianScales StudioSootersmithTaylor Wolesale
FloristTable Jacks USAStarTex Title CompanyAnna’s Cleaners
Tony’s MexicanAthas FloristReCoop DesignsUrban Movement
AcademyImperium CrossfitElla Screw ProductsThe Barking Pig
Jester Plaza Veterinary ClinicNext Level Acting StudiosPappa
Geno’sThe SpaghettiT-Bones Sports PubConnies Kreations
10,000 CPD
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
DRAKE HOMESTownhomes up to $445K±0.95 ACRES±0.95 ACRES±0.95
ACRES
3±0.95 ACRES AT 1231 W. 18TH ST
PROPERTY
-
W. 18TH ST.W. 18TH ST.W. 18TH ST.
W. 19TH ST.W. 19TH ST.W. 19TH ST.
McIntyre’sK-9 Angels Rescue The Boot
Slava Boxing Gym & Heights Fitness
Tejas Office Products
Providence Heights BarHouston Steel EquipmentKSM Materials
Harding & Carbone Inc.Allied UniversalShipco Transport
Atec Training & CertificationBrookwoods GroupSmith &
HasslerTexas A&M Student CenterIAGC
U.S. Security AssociatesZim American Integrated ShippingCharles
J. Argento & AssociatesCollaborative for ChildrenBenchmark
Insurance Group of Texas
Harris County Democratic PartyNorris FinancialGene by Gene,
LTDDNA FindingsZipRealtyGarfield Carjill-AFLAC
Whelan SecurityFinancial Capital GroupNossa Law OfficeUnion
Fidelity Federal Credit Union
0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
DRAKE HOMESTownhomes up to $445K
±0.95 ACRES±0.95 ACRES±0.95 ACRES
4±0.95 ACRES AT 1231 W. 18TH ST
-
Property Information
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
816 TIRZ 5 - MEMORIAL HEIGHTS ANNX 4 (061) -
TOTAL 2.526348
Property Details
LOCATION 1231 W. 18th Street. Houston, TX 77008
LAT., LONG. 29.802002, -95.421534
TOTAL SIZE ±0.95 acres
COUNTY Harris
SCHOOLS Houston Independent School District
2017 Demographics
0-1 mi 0-3 mile 0-5 miles
EST. POPULATION 2017 17,572 133,699 439,879
5-YR EST. POPULATION GROWTH 6.04% 7.11% 7.03%
AVERAGE HOUSEHOLD INCOME $118,224 $126,145 $118,863
MEDIAN VALUE - OWNER OCCUPIED HOUSING UNITS $291,447 $266,495
$228,202
Making an OfferOffer InformationOffers should be presented in
the form of a non-bind-ing 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/#1299
Additional Property Details
Tract consists of 24 parcels - see page 7
PARCEL ID 1353970010001 - 1353970010024
OWNER TALIA COURT LLC
PROPERTY 18TH WEST LN HOUSTON, TX 77019
LEGAL LT 1 BLK 1 TALIA COURT VILLAGE - LT 24 BLK 1 TALIA COURT
VILLAGE
5±0.95 ACRES AT 1231 W. 18TH ST
PROPERTY
-
Property Survey
285.00’
145.20’
285.00’
145.20’
6±0.95 ACRES AT 1231 W. 18TH ST
PROPERTY
-
Property Plat
TALIA COURT VILLAGE
” ”” ”
” ””
”
7±0.95 ACRES AT 1231 W. 18TH ST
PROPERTY
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Houston’s favorite historic neighborhoodEstablished in 1891, the
Houston Heights is one of Houston’s most distinct historic
neighborhoods. Twenty-three feet higher than Hous-ton’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 Victorian homes, walkable
neighbor-hoods and abundant opportunities for outdoor recreation,
such as the 60-foot-wide Heights Boulevard esplanade and the
Heights Hike & Bike Trail.
While Heights retail and entertain-ment has in the past been
limited to mom-and-pop shops and funky bars, the neighborhood’s’
popularity with a young and stylish demographic has in recent years
encouraged the addition of Houston’s best dining, arts and theater,
and mainstream retail.
New development has been espe-cially concentrated along West
19th Street & West 20th Street between N. Shepherd Drive and
Heights Bou-levard - 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.
W. 19
TH S
T.
W. 19
TH S
T.
W. 19
TH S
T.
N DURHAM DR
W. 18TH ST.
W. 18TH ST.
W. 18TH ST.
W. 17TH ST.
W. 17TH ST.
W. 17TH ST.W. 2
0TH ST.
W. 20TH
ST.
W. 20TH
ST.
Opening Fall 2018
Braun Enterprises17,962 Total SF RetailYoga studio Two ~5,000 SF
restaurants
K-9 Angels Rescue
Hubcap Grill Houston Heights
Cedar Creek Cafe Bar & Grill Wicklow Heights
Big Star Bar
The Boot
COMING SOONBungalow Heights
Fortune One FoodsEureka Heights Brew
GREATER HEIGHTSHome Prices up to $1.7M
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
Wright-Bembry Park
0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
±0.95 ACRES±0.95 ACRES±0.95 ACRES
DRAKE HOMESTownhomes up to $445K
URBAN LOFTSTownhomes up to $414,900
The Houston Heights
8±0.95 ACRES AT 1231 W. 18TH ST
AREA HIGHLIGHTS
-
0.5 MILE
SHEPHERD DR
DURHAM DR
HEIGHTS BLVD
TC JESTER BLVD
W 20TH ST W CAVALACADE ST
E 11TH ST
WHITE OAK DR
LAZYBROOK/TIMBERGROVEHome Prices up to $629K
COTTAGE GROVEHome Prices up to $499K
WOODLAND HEIGHTSHome Prices up to $1.4M
SHADY ACRESHome Prices up to $945K
GREATER HEIGHTSHome Prices up to $1.7M
Heights Market Trail
Heights Blvd Trail
W. 19th Street Shopping District
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
±0.95 ACRES
Mellow MushroomFat Cat CreameryCane RossoPainting with a
Twist
Memorial Park Heights Hike & Bike Trail Donovan Park White
Oak Bayou Greenway White Oak Bayou Bridge
Outdoor Recreation
9±0.95 ACRES AT 1231 W. 18TH ST
AREA HIGHLIGHTS
-
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,
including the renowned Xochi, Potente and Local Foods
Downtown Houston4.2 miles from the Property
10±0.95 ACRES AT 1231 W. 18TH ST
AREA HIGHLIGHTS
-
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 Houston4.2 miles from the Property
11±0.95 ACRES AT 1231 W. 18TH ST
AREA HIGHLIGHTS
-
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 miles from the Property
12±0.95 ACRES AT 1231 W. 18TH ST
AREA HIGHLIGHTS
-
W. 18TH ST.
W. 18TH ST.
W. 18TH ST.
W. 19TH ST.W. 19TH ST.W. 19TH ST.
BEVIS ST
.BEVI
S ST.
BEVIS ST
. W. 20TH ST.W. 20TH ST.W. 20TH ST.
E TC JEST
ERE TC
JESTER
E TC JEST
ER
White Oak Bayou Greenway
Southern Floral
Orion EMS
MAXIT Flower Design
K-9 Angels Rescue
Garden Expo
McIntyre’s
Whelan SecurityFinancial Capital GroupNossa Law OfficeUnion
Fidelity Federal Credit Union
Harris County Democratic PartyNorris FinancialGene by Gene,
LTDDNA FindingsZipRealtyGarfield Carjill-AFLAC
Providence Heights Bar
Restaurant Depot
Houston Steel EquipmentKSM Materials
King’s BierHausI Cycle Bike ShopTea + Victory
Tejas Office Products
Cavatore ItalianScales StudioScootersmithTaylor Wolesale
FloristTable Jacks USAStarTex Title CompanyAnna’s Cleaners
Tony’s MexicanAthas FloristReCoop DesignsUrban Movement
AcademyImperium CrossfitElla Screw ProductsThe Barking Pig
10,000 CPD
0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
DRAKE HOMESTownhomes up to $445K
±0.95 ACRES±0.95 ACRES±0.95 ACRES
13±0.95 ACRES AT 1231 W. 18TH ST
-
White Oak Bayou Greenway
W. 19
TH ST
.
W. 19
TH ST
.
W. 19
TH ST
.
W. 18TH
ST.
W. 18TH
ST.
W. 18TH
ST.
BEVIS ST.BEVIS ST.BEVIS ST.
E TC JESTERE TC JESTERE TC JESTER
0.96 Acres - Potentially Available(NOT MARKETED BY DMRE)
0.95 Acres - Potentially Available(NOT MARKETED BY DMRE)
DRAKE HOMESTownhomes up to $445K
Life Storage
Southern Floral
McIntyre’s
April’s Nail SalonLX HAIR STUDIOThe Little GymMy House
FitnessCentral Bank
Kelley Tires
LAZYBROOKE/TIMBERGROVEHome Prices up to $629K
10,000 CPD
GALLERIA/UPTOWN · 4 MILES
±0.95 ACRES±0.95 ACRES±0.95 ACRES
14±0.95 ACRES AT 1231 W. 18TH ST
-
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
15
-
777 POST OAK BLVDHOUSTON, TEXAS 77056
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