Oldham Goodwin's Commercial Quarterly | 1st Quarter 2012

Commercial Real Estate Quarterly Review

www.OldhamGoodwin.com

1st Quarter2012

Commercial QuarterlyRetail | Office | Industrial | Multifamily | Land | Hospitality

2 979.268.2000 • www.OldhamGoodwin.com

1st Quarter 2012Commercial Quarterly

Editor & Graphic Design: Dale Sandlin Volume 4, Issue 1© 2012 Oldham Goodwin Group, LLC. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not veri-fied it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projec-tions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Table Of Contents

About the Cover:Boardwalk Plaza is an ~7,084 SF retail center currently under construction in the heart of the Bryan/College Station retail cor-ridor. Boardwalk Plaza is surrounded by numerous national retailers, including an HEB anchored retail center, Hobby Lobby, Ross Dress for Less, and numerous other local and national retailers. Due to the location and surrounding retailers, the traffic counts at Board-walk Plaza are among the highest in the Brazos Valley. Boardwalk Plaza will be anchored by Systek Computing, potentially providing an instant customer base for any future tenant. The architectural features of this property are modern and attractive, making the Boardwalk Plaza one of the most aesthetically pleasing retail centers in Bryan/College Station. The central location, dense population, new construction and surrounding business growth of this trade area, make Boardwalk Plaza an excellent location for retailers and other businesses to service this market. For more information, visit www.OldhamGoodwin.com.

Property Items Explained ....................................................................................................................................................................................... 3Property Spotlight: Academy Sports & Outdoors | Longview, Texas ............................................................................................................. 4Commercial Properties For Sale............................................................................................................................................................................ 5Property Spotlight: ~17 Acres in Tower Point | College Station, Texas ....................................................................................................... 8Urban Land For Sale............................................................................................................................................................................................... 9Recreational & Farm/Ranch Land For Sale .......................................................................................................................................................15Property Spotlight: Hickory Park Duplexes | College Station, Texas ..........................................................................................................16Multifamily Properties For Sale ...........................................................................................................................................................................17Tenant Spotlight: Dr. Alan Strong, CH & Robin Roberts, CH ..........................................................................................................................18Office Properties For Lease .................................................................................................................................................................................19Industrial Properties For Lease ............................................................................................................................................................................22Tenant Spotlight: Brazos Natural Foods ............................................................................................................................................................23Retail Properties For Lease ..................................................................................................................................................................................24Property Location Map ........................................................................................................................................................................................27

78

3979.268.2000 • www.OldhamGoodwin.com


Announces Our Newest Brokerage Vice President

BROKERAGE SERVICESCell: [email protected]

Oldham Goodwin is pleased to announce Cyndee Smith, Vice President of Brokerage Services for the Greater Houston Area, including Washington and the surrounding counties.

Cyndee focuses on acquisition, disposition and de-velopment of commercial and country properties for clients. With over 30 years of experience in com-mercial real estate, Cyndee has completed numer-ous types of transactions including landlord repre-sentation of new retail developments and tenant representation.

Cyndee is committed to providing excellent services in both commercial and country property types.

State Of The Art Architectural Fea-tures And Amenities • Regional Trade

Population Of Approximately 400,000 • Visibility From Texas Avenue And Park

Place • Available Space: ~2,275 SF

Boardwalk Plaza | College Station

78

New Listing

Property Items ExplainedFeatured Properties

Property Status: This box describes whether the property is a New Listing, Sold or 100% Leased.

Property’s Description: This box explains the property’s features.

Property’s Map Location: This icon indicates the property’s approximate location on the map.

Location/Name: This box describes the ad-dress and city or the name of the available property.



Clinton D. OldhamDirector of Brokerage Services

Vice President | Commercial Group409.781.7734

[email protected]

Property Overview:Oldham Goodwin, as exclusive agent for the owner, in conjunction with Coldwell Banker Commercial is pleased to present for sale an absolute NNN leased Academy Sports and Outdoors property in Longview, Texas for your consideration. The proper-ty consists of an approximately 52,871 SF free standing retail building situated on over seven acres in the heart of Longview’s retail corridor. The property is across the street from a 600,000 SF regional mall and has over ten and one half (10.5) years remaining on a twenty (20) year lease with Academy Sports and Outdoors. Academy Sports and Outdoors is one of the nation’s largest sporting goods retailers and oper-ates over 135 stores in 11 states in the Southeastern United States.

Investment Highlights:• 10.5 Years Remaining On A 20-Year Absolute-Net Lease• Zero Landlord Responsibility, Tenant Maintains Roof And Structure• Excellent Exposure Near The Intersection Of SH 281 And SH 63, Nearly

40,000 Cars Per Day• Directly Across The Street From Regional Mall, Over 600,000 SF GLA• Nearby Anchor Tenants Include JC Penney, Dillard’s, Sears, Best Buy, & Albertsons• 2010 Average Household Income Of $64,471 Within A 3 Mile Radius

Property Spotlight: Academy Sports & Outdoors | Longview, Texas

1

Offering Summary:Sales Price: $5,387,755 Price/SF: $101.90 Cap Rate: 7.35% NOI*: $396,825

*Beginning September 2012, Seller Will Credit

Rent Difference At Closing

Offered In Conjunction With:

NNN Investment Property For Sale

5

RECENT TRANSACTIONS



Commercial Properties For Sale

Located On Densely Concentrated Retail Corridor • Over 30,000 SF Stand Alone Retail Building

Best Suited For Junior Anchor Retailer • Excellent Visibility With Over 300 Feet Of Frontage On Harvey Road • Exposure To High Traffic Counts

Office Max Center | College Station

4

For More Information Contact:


Vice President | Commercial GroupPhone: 979.268.2000

Fax: 979.846.7020Cell: 409.781.7734

[email protected]

Oldham Goodwin represented the seller in the disposition of a ~7,420 SF

Medical Office Building

Oldham Goodwin represented the buyer in

the acquisition of a ~18,235 SF Retail Center

Contains Seven (7) Private Offices Wired For Ethernet & Cable • Each Office Has Zoned HVAC With Its Own Thermostat • Attractive New Construction With New Development In The Immediate Area

3988 Greens Prairie Road | College Station

6

Eight Year NNN Lease With A Rent In-crease In Year Five • Current CAP Rate Of 11.19% With Upside In Rental Increases • 10,000 SF Of Showroom And Warehouse

Space With ~1.5 Acres Of Yard Area

11915 SH-30 | College Station

5

~17,400 SF Of Enclosed Air Conditioned Space • Building Was Recently Expanded In 2007 •

Situated On Over 2.5 Acres Of Land, Room For Expansion And Surplus Parking • Priced Well Below Replacement Cost At Just Over $20/SF

1100 Manley | Navasota

2

Located At The Hard Corner Of A Lighted Intersection At Longmire Drive And Deacon Drive • Near Large Retail

Developments And Less Than 1 Mile From College Station’s Medical District

2752 Longmire | College Station

3

New ListingNew Listing

10.5 Years Remaining On A 20-Year Absolute-Net Lease • Zero Landlord Responsibility,

Tenant Maintains Roof & Structure • Excellent Ex-posure Near The Intersection Of SH 281 And SH

63, Nearly 40,000 Cars Per Day

Academy Sports & Outdoors | Longview

1

New Listing

6

RECENT TRANSACTIONS



Oldham Goodwin represented the seller in the

disposition of a Six Bay Car Wash in

College Station



disposition of a ~53,628 SF

Office Complex

Property In Excellent Condition, Complete Remodel In 2009 • Completely New Class “A” Interior Finish Out, All New Mechanical & Electric Systems • Convenient Location With Coveted University Drive Address

1005 University Drive | College Station

12

Anchored By Long Term Lease With St. Joseph Regional Health System • Good

Mix Of Stable And Successful Medical Ten-ants • Excellent Exposure And Visibility On

Dominant Traffic Corridor, Highway 6

Creekside Professional Building | College Station

11

Renovation & Upgrade In 2009 • Large Grandfathered Pylon Sign With Excel-

lent Exposure On Texas Avenue • Coveted Texas Avenue Address Offers Ease Of Ac-cess Through Bryan And College Station

3211 South Texas Avenue | Bryan

10

Under Contract Under Contract

~ 76,217 SF Of Total Improvements • ~10.028 Acres • Quality Metal Construction • ~ 10,580 SF Of Class “A” Office • Over 600 Feet Of Ac-tive Union Pacific Rail Spur • Two 10 Ton Cranes Two Indoor Recessed Dock High Loading Bays

2780 N. Harvey Mitchell Parkway | Bryan

9

Accessibility On The Highly Trafficked Briarcrest Drive • Between Texas Avenue & Highway 6 South • Less Than 1 Mile

From St. Joseph Regional Health Center & Blinn College • Excellent Visibility

Kentwood Office Park | Bryan

8

Accessibility & Visibility On N Texas Avenue Be-tween State Highway 21 & State Highway 6

Two 10-Ton Overhead Cranes In Manufacturing Building • Heavy Power, 3 Phase, 480 Volts •

Priced Below Replacement Cost At $18.70/SF

2800 North Texas Avenue | Bryan

7


Clinton D. OldhamDirector of Brokerage ServicesVice President | Commercial GroupPhone: 979.268.2000Fax: 979.846.7020Cell: [email protected]

7

RECENT TRANSACTIONS



Great Opportunity For Investor Or Own-er Occupier In An Irreplaceable Loca-

tion • Significant Upside With Lease-Up Of Vacant Suites • Tremendous Location

Close To Texas A&M University

United Plaza | College Station

13

Expansive Complex Featuring Large Showroom, Private Offices, Covered Stor-age & 59 Surface Parking Spaces • Ad-ditional Adjacent Warehouse Located At The Corner Of Baylor & Chauncy Streets

Market Street Center | Brenham

14


Prime Visibility On Texas Avenue & State Highway 6 • Attractive New Con-struction & Landscaping • Convenient &

Easy Access From Texas Avenue

Southwood Business Center | College Station

15

Oldham Goodwin represented the seller in the disposition of a ~4,000 SF

Office Building


the acquisition of a ~7,000 SF Retail Center

Property Is Part Of The Profession-ally Managed Longmire Business Park •

~7,000 SF With Over 4,000 SF Of Avail-able Office Or Medical Space • Great Opportunity For An Owner Occupier

3310 Longmire| College Station

17

Great Opportunity For Upside With New Occupancy • Offering Price Well Below Replacement Cost At $28.85/SF • Below Market Rental Rates Offer Significant Up-

side Potential • Excellent Visibility

Market Square Shopping Center| Brenham

18

Fifteen Year Corporately Guaranteed NNN Lease With Just Brakes • Significant Upside Potential With Lease Up Of 2,200 SF Of

Vacant Space And Built In Rental Escalations • Strong Demographics In Immediate Area

Pearland Just Brakes | Pearland

16



Vice President | Commercial GroupPhone: 979.268.2000

Fax: 979.846.7020Cell: 409.781.7734

[email protected]



Property Highlights:• Located Within ~75-Acre, HEB Anchored, Master-Planned Mixed-Use Development• Adjacent To A Mix Of National Credit Retail & Regional Medical Users• Situated In High Growth Corridor & Surrounded By High-Income Rooftops• All Utilities & Master Detention In-Place• Rare Opportunity With C-1 Zoning In Place & Priced To Sell

Ideal For:

Site Surroundings:• Located In The Fastest Growing Submarket in B/CS• Strong Upper Middle And High Income Demographics

Property Spotlight: ~17 Acres in Tower Point | College Station, Texas

20

Offering Summary:$3,839,800 OR $5.00/SF

Utilities:Electric: College Station UtilitiesWater: College Station UtilitiesSewer: College Station UtilitiesGas: Atmos EnergyCable: SuddenlinkTelephone: Various Providers

Accessibility:The property can be accessed via Arrington Road.

Visibility:The property has excellent visibility from Highway 6 & Highway 40.

Commercial Development Tract For Sale

Vernie D. BoddenVice President | Brokerage Services

Land Group979.777.4641

[email protected]

• Retail• Office• Medical

• Restaurant• Fitness• Hospitality

9

RECENT TRANSACTIONS



Urban Land For Sale

Subject

Oldham Goodwin represented the buyer in the acquisition of a ~1.1

AC tract in Harker Heights, Texas



Land GroupPhone: 979.268.2000

Fax: 979.846.7020Cell: 979.777.4641

[email protected]


the acquisition of a ~3.36 AC tract on FM 2818

Located Within ~75-Acre, HEB Anchored, Mas-ter-Planned Mixed-Use Development • Adjacent To A Mix Of National Credit Retail & Regional Medical Users • Situated In High Growth Cor-ridor & Surrounded By High-Income Rooftops

~17 AC in Tower Point | College Station

20

Large Commercial Tract Ready For Immediate Development • Located Within Established Creek Meadows Residential

Development • Situated In Close Proximity To New Greens Prairie Elementary School

~4 AC in Creek Meadows | College Station

19

New Listing New Listing

Located Off Of Storied 6th Street Within Walking Distance Of Major Entertainment &

Downtown • Located Less Than ThreeMiles From University of Texas • Ready For

Development With All City Utilities Available

609 West Lynn | Austin

22

Located Directly Across From The Bryan Earl Rudder High School • Located In

Rapid Growth Northeast Bryan Corridor • Old Reliance Road Recently Widened

To Four Lanes

~25 AC on Old Reliance Road | Bryan

21

New Listing

New Listing

Located Along Highway 30 Between Briarcrest Drive & State Highway 6 • Easy Access To State Highway 6 Via Boonville Road • All City Utilities

Available • Near Allen Academy, Miramont Coun-try Club & Established Residential Subdivisions

2710 Boonville Road | Bryan

24

Hard Corner With Outstanding Visibility From FM 2818 • Convenient Access To High-way 6 • Strong Traffic Counts Near Major Office Development • Situated In Growing

South/Central College Station

~3.79 AC on FM 2818 | Bryan

23

10

RECENT TRANSACTIONS



Oldham Goodwin represented the seller in the disposition of a ~120 AC

of Industrial Land inBrenham

Site

Oldham Goodwin represented the seller in the disposition of a ~6.5 AC of Multifamily Land in College

Station

Urban Land For Sale


Vernie D. BoddenVice President | Brokerage ServicesLand GroupPhone: 979.268.2000Fax: 979.846.7020Cell: [email protected]

Located In Close Proximity To The College Station Medical Center & Future Scott &

White Hospital • Located Within Borders Of Proposed College Station Medical Corridor •

Located In Close Proximity To National Retailers

~2.8 AC on Graham Road | College Station

30

Located In Close Proximity To The College Station Medical Center & Future Scott &

White Hospital • Located Within Borders Of Proposed College Station Medical Corridor •

Located In Close Proximity To National Retailers

~16.7 AC on Graham Road | College Station

29

Located In Established Crescent Pointe Office Park Easy Access To State Highway 6 Via University

Drive & Harvey Road • Located In Close Proximity To Several Established High Density Residential Develop-

ments, the Physicans Centre & Momentum Plaza

~1.18 AC on Copperfield | College Station

28

Highly Visible Tract From State Highway 6 • Situated In High-Growth Corridor • Close

Proximity To Regional Retail & National Res-taurant Users • Recent Off Ramp Construction

Provides Better Access To The Property

~15 AC on N Earl Rudder Freeway | Bryan

25

New Listing

Located In Park Hudson Mixed Use Develop-ment • Easy Access To State Highway 6 Via

University Drive • Located In Close Proximity To Several High Density Residential Developments,

the Physicans Centre & Momentum Plaza

~2.341 AC in Park Hudson | Bryan

27

Over 30,000 SF Of Office Warehouse Space On 17 Acres • Large Office/Show-room Areas With Multiple Drive Through Bays In The Shop Area • Over 900 LF Of Frontage And 3 Access Drives On SH-6

~17 AC on Highway 6 | Bryan

26

11

RECENT TRANSACTIONS



Urban Land For Sale

Oldham Goodwin represented the seller in the disposition of a ~1.27 AC

tract to an IHOP Franchisee

Oldham Goodwin represented the seller in the disposition of a ~1.57 AC

tract to Walgreens

Outstanding Redevelopment Tract On MajorThoroughfare • Strong Potential For Com-mercial & Multifamily Uses • Less Than ½

Mile From A New HEB Grocery Redevelop-ment • ~1,750 SF Office On-Site

~14.4 AC on Highway 21 | Bryan

34

Excellent Visibility Along State High-way 6 • ~29,000 VPD (per TXDOT) • Convenient Access To State Highway

6 South

~4.5 AC on Highway 6 | College Station

36

Located On State Highway 6 • Ad-jacent To Nationally Flagged Best Western Hotel • Close Proximity To

Numerous National Retailers

~1.93 AC on Highway 6 | Navasota

35

Outstanding Development Tract In Desirable South College Station • Within The New

HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail

Traffic Generators

~2.3 AC on Arrington Road | College Station

33

Excellent Light Industrial Development Tract On Highway 30 Corridor • Easy Access From Highway 30 To Highway 6 • Located In Close

Proximity To Other Established Industrial Users • Owner Will Sell Or Build-To-Suit

~15.46 AC on Highway 30 | Bryan

32




Fax: 979.846.7020Cell: 979.777.4641

[email protected]

Outstanding Development Tract In Desir-able South College Station • Strong Po-

tential For Commercial & Multifamily Uses • Less Than 1½ Miles From New HEB &

Lowes Anchored Commercial Developments

~19 AC on William D. Fitch | College Station

31

12

RECENT TRANSACTIONS



Southwest to Northeast Perspective


disposition of a ~1.4 AC tract in Tower Point

Development

SOLD

Available

AvailableCentral Texas ENT

Oldham Goodwin represented the seller in the disposition of a ~0.59 AC medical pad in the North

Forest Business Park

Urban Land For Sale



Excellent Medical Development Property • Strong Demographics & Traffic Counts • One

Of Few Remaining Undeveloped Tracts In Area • Located On Major Commerce Thoroughfare

~11 AC on East 29th Street | Bryan

40

Commercial Development • Quick Ac-cess To Highway 30 & SH 6 • Office/

Warehouse Users • Preliminary Site Plan & Master Preliminary Plat Created

~6 AC on Associates Avenue | College Station

41

Great Commercial Tract Centrally Located In College Station • Access From Texas Ave

& Morgans Lane • Ideal For Hotel Or Office Development • All City Utilities Available

~3.72 AC on Texas Ave | College Station

42

Regular Shape & Topography, Suitable For Development • Convenient Access to US 290 • Less Than 30 Minutes To Houston’s Metropolitan Area • Good Visibility & Paved Road Frontage

Situated Along High Growth Corridor

~53 AC on Highway 290 | Waller

37Southwest to Northeast Perspective

Outstanding Development Tract In Desirable South College Station • Within The New

HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail

Traffic Generators

Tower Point | College Station

38

Located In Close Proximity To Texas A&M University • In Close Proximity To New Texas A&M Health Science Center • Ideal For Neighborhood Strip Retail Development • All Utilities Available

~10 AC on FM 2818 | Bryan

39

13

RECENT TRANSACTIONS



Urban Land For Sale

Oldham Goodwin represented the seller in

the disposition of a ~23 AC tract on Elmo Weedon Road


the acquisition of a ~17 AC tract in Tower Point

Development

Planned Commercial Development • Ideal For Restaurant Or Retail • Excep-tional Location & Visibility • ~70,000

Vehicles Per Day on Highway 6

Planned Commercial Development • Ideal For Restaurant or Retail • Excep-tional Location & Visibility • ~70,000

Vehicles Per Day on Highway 6

Boonville Town Center-Tract E | Bryan Boonville Town Center-Tract F | Bryan

43 43

Planned Commercial Development • Ide-al For Restaurant/Hotel/Retail/Mixed Use • Exceptional Location & Visibility • Architectural Controls • Deed Restrictions

Boonville Town Center-Tract D | Bryan

43

Planned Commercial Development • Ideal For Multifamily Use • Exception-al Location & Visibility • Great Value

On Interior Lot • Deed Restrictions

Boonville Town Center-Tract C | Bryan

43

Planned Commercial Development • Ideal For Restaurant • Exceptional Location &

Visibility • Next To New IHOP • ~70,000 Vehicles Per Day On Highway 6

Boonville Town Center-Tract A | Bryan

43

Planned Commercial Development • Ideal For Retail Or Bank • Exceptional

Location & Visibility • Architectural Controls • Great Neighborhood Corner

Boonville Town Center-Tract B | Bryan

43




Fax: 979.846.7020Cell: 979.777.4641

[email protected]

14

RECENT TRANSACTIONS




the disposition of a ~25 AC tract on Old Reliance Road

Subject


the acquisition of a ~30 AC recreational tract



Urban Land For Sale

Highly Developable Tract In High Growth Corridor Of Northeast Bryan • Situated At A Signaled Intersection • Extrememly High Traf-

fic Counts • All City Utilities Available • Ideal For Neighborhood Retail Or Hotel Use

~4 AC on William J. Bryan Pkwy | Bryan

44

Extremely Rare Large Tract Platted For Multi-family Development • Adjacent To Highly Suc-cessful Multifamily Project • Quick Access To FM

2154 (Wellborn) & State Highway 40

~19.236 AC on Greens Prairie | College Station

45

Highly Developable Commercial Tract Located In High Growth Corridor Of Northeast Bryan • Highly Visible • Access From Two Roads

Ideal For Office Development Or Car Lot

~3.92 AC on N. Earl Rudder Fwy | Bryan

46


Land Group979.777.4641 | [email protected]

The Land Group specializes in Urban Land as well as Recreational & Farm/Ranch Land. If you are considering buying or selling land, please

contact us today to discuss your needs.

15

RECENT TRANSACTIONS



Commercial And PD-Housing Zoning • In Growing West Bryan, Near Lake Bryan •

Nearly 1 Mile Of Frontage On FM 2818 • Strong Utility Service – Development Ready

~164 AC on FM 2818 | Bryan

51

Recreational & Farm/Ranch For Sale

Close Proximity To State Highway 6 • Directly In The Projected Growth Path Of

The City Of College Station

~16.67 AC on Narrow Way | College Station

49

Close Proximity And Convenient Access To State Highway 6 • Directly In The Projected Growth Path Of The City Of College Station • Regular Shape, Suitable For Development

~4.2 AC on FM 158 | Millican

50

Ideal Size & Shape For Immediate Devel-opment • In Close Proximity To Established

Industrial Park • Easy Access To StateHighway 21• Convenient To State Highway 6

~34 AC on Crosswind Drive | Bryan

48

Excellent Recreational Property Close To Bryan/College Station • Offers Mix Of Wooded And Open Pasture • Two Stock

Tanks • Good Long-Term Investment

~153 AC on Highway 21 Business | Kurten

47




Fax: 979.846.7020Cell: 979.777.4641

[email protected]

Oldham Goodwin represented the seller in the disposition of a ~617 AC

recreational tract


the disposition of a ~30 AC tract on County Road 175



Property Overview:Oldham Goodwin is pleased to present the Hickory Park Duplexes for your consid-eration. The property is located in central College Station and is a rare opportunity to acquire a small, class “B,” 25 duplex package that has been well managed and maintained. The close proximity to Texas A&M University, and it’s location on both the Brazos Transit and Texas A&M University bus routes increases the desirability for both tenants and buyers. Hickory Park is within walking distance of two exten-sive College Station park/trail systems, area retail and restaurants, and both major north/south corridors: State Highway 6 & Texas Avenue. The strong historic occu-pancy of the property and Bryan/College Station economy makes this an excellentmultifamily acquisition opportunity.

Investment Highlights:• Single Story Townhouse Style Units With Outstanding Historic Occupancy • Outstanding Location Between Texas Avenue And State Highway 6 On Southwest Parkway • Five Minute Drive To Texas A&M University • Fenced Yards & Private Driveways • On Texas A&M And Brazos Transit Bus Routes

Property Spotlight: Hickory Park Duplexes | College Station, Texas

51

Offering Summary: Call For Price

Construction Features:Foundation: SlabFrame: WoodExterior Walls: Brick Veneer, WoodRoof Cover: Pitch/Composition, Shingle

Utilities:Electricity: College Station UtilitiesWater: College Station UtilitiesSewer: College Station UtilitiesTelephone: VerizonInternet: SuddenlinkNatural Gas: N/A

Electricity, Water & Sewer Are Separately Metered

50-Unit Multifamily Property For Sale

Rick T. Lemons , CCIMExecutive President | Brokerage Services

Multifamily Group979.255.1950

[email protected]

17

RECENT TRANSACTIONS



Multifamily Properties For Sale

Oldham Goodwin represented the buyer in the acquisition of an 88

Unit, Apartment Complex In Bastrop, Texas


Rick Lemons, CCIMExecutive Vice President | Brokerage Services

Multifamily GroupPhone: 979.268.2000

Fax: 979.846.7020Cell: 979.255.1950

[email protected]

Excellent Value Add Opportunity • Con-venient To Texas A&M • Fully-Equipped Kitchens • With Dishwasher, Stove/Oven,

Refrigerator & Garbage Disposal

405 & 407 Cherry Street | College Station

56


the acquisition of two multifamily complexes in

Houston, Texas

Excellent Historic Occupancy & Demand• Convenient To Texas A&M • Fully-Equipped Kitchens With Dishwasher,

Stove/Oven, Refrigerator & Garbage Disposal • Separately Metered Electric

2316 & 2318 Cornell | College Station

53

Over 1.5 Acres • 2,400 SF Minimum Build • Deed Restricted • Small Pond

• Survey On File

2001 Moses Creek | College Station

55

16 Units • Walking Distance To Texas A&M University • On The Texas A&M Shuttle Route • In The Historic North-

gate Area • Recently Renovated

500 Foch | Bryan

57

50 Unit, Single Story Townhouse Style Units With Outstanding Historic Occupancy •

Outstanding Location Between Texas Avenue And State Highway 6 On Southwest Parkway • Five Minute Drive To Texas A&M University

Hickory Park Duplexes| College Station

52

Recently Remodeled Fourplex • All New Insulation/Siding & Windows • Located Near Large Retail Corridor

2901 Prairie Flower | Bryan

54




About Dr. Alan StrongDr. Alan Strong is a Certified Consulting Hypnotist with a practice focusing on Pediatric Hypnosis. He holds certification in both general and pediatric hypnosis. His education includes graduate degrees in educa-tion, including extensive study in the field of special education. For Dr. Strong, with more than 30 years of teaching students at every level, pediatric hypnosis is a natural extension of a career that involves engaging the imagination of young people and providing carefully planned suggestions for change in behavior, feeling, and thought!

Hypnosis can be effective for a variety of issues for chil-dren, including learning problems, anxiety, bedwetting, habits such as thumb sucking and nail biting, self-esteem issues, fear of the dark, and nightmares. Hypnosis can also be helpful for children dealing with a traumatic event or when facing a medical procedure, even some-thing as seemingly simple as getting a shot. As well as helping them deal with problems, hypnosis can help children and adolescents gain improvement in their self-confidence and ability to succeed. It can also assist in releasing and heightening creativity. In addition, hypnosis is effective in overcoming fears and enhancing skills in sports, music, and other skill-oriented activities.

Tenant Spotlight:

Located At:Copper Chase Office Park

Bryan, Texas

Office Space For Leasewww.OldhamGoodwin.com

Dr. Alan Strong, CH & Robin Roberts, CH

About Robin RobertsRobin Roberts is a Certified Consulting Hypnotist having received her certification from the National Guild of Hypnotists in 2007. Now over four years and 300 clients later, Robin is running a thriving practice and has been voted Best of the Brazos in both 2010 and 2011.

Her ambition is to tell, teach, and show her clients how to let go and release what isn’t working in their life; how to determine where they want to go and what they want to achieve; and then to reinforce the habits and activities necessary to gain what they desire. According to Robin, “My job is to help people overcome the issues in their life that they thought they just had to live with.” She goes on to say that everyday problems and challenges such as weight, smoking, stress . . . can be answered with hypnosis. So often people have a situation – whether an annoying habit or attitude in their life – that they would love to get rid of but have been told over and over again that it is just the way it is. This makes people feel powerless. Hypnosis makes change possible in these and many other areas.

Our minds are powerful tools and we don’t use them to their capacity. It is Robin’s goal to help you use your brain to unlock the potential in you and to help you become and achieve things you have dreamed of but not yet dared to try.

Location: 2402 Broadmoor Drive, Suite DII - 101

Bryan, Texas 77802

To Make Appointments:Dr. Alan Strong, CH(979) 436-8284

Through Facebook:www.facebook.com/AStrongCHoice

Online: www.AStrongCHoice.com

Robin Roberts, CH(979) 739-7143

Through Facebook:www.facebook.com/RobinRobertsHypnotist

Online: www.RobinRobertsCH.com

19

RECENT TRANSACTIONS



Office Properties For Lease

Highly Visible University Drive Professional Office Building • Excellent Location For A Corporate Of-fice, Located In The Heart Of Bryan/College Sta-tion • Easy Access To Texas A&M University, Texas Avenue, And SH 6 • Available Space: ~1,225 SF

1001 University Drive East | College Station

60

Well Maintained Single Tenant Build-ing • Great Location With Visibility And Exposure To High Traffic Counts On Wil-liam J Bryan Parkway • Available Space:

~1,035 SF

The Boonville Building | Bryan

61

New Retail Space In Historic Downtown Area • Potential For High Foot Traffic •

New Adjacent 1,000 Space Parking Ga-rage • Unique Retail Center • Available

Space: ~6,500 SF (Divisible)

The Shops At The District | Bryan

62

Accessibility On The Highly Trafficked Briarcrest Drive • Between Texas Avenue & Highway 6 South • Less Than 1 Mile From St. Joseph Regional Health Center & Blinn Col-

lege • Available Space: ~8,194 SF (Divisible)

Kentwood Office Complex | Bryan

63

Great Visibility & Exposure To High Traffic Counts On Villa Maria Road • High Daytime Foot Traffic From Operating Citibank Branch Location • High Visibility To Patrons Of Existing

Motorbank • Available Space: ~4,800 SF

Citibank Villa Maria | Bryan

58

Accessibility On The Highly Trafficked Briar-crest Drive Between Texas Avenue & Highway 6 South • Less Than 1 Mile From St. Joseph Re-gional Health Center & Blinn College • Range Of Available Spaces: ~4,000 - ~15,500 SF

Keystone Plaza | Bryan

59



Robert J. YoungVice President | Brokerage Services

Commercial LeasingPhone: 979.268.2000

Fax: 979.846.7020Cell: 979.324.1717

[email protected]

Oldham Goodwin rep-resented the landlord in

the lease for St. Joseph at Texas Avenue Plaza

Oldham Goodwin repre-sented the landlord in the

lease for Pathfinder Pediatrics at The Boonville

Building

20

RECENT TRANSACTIONS



Immediate Occupancy Available • Excellent Visibility With Frontage On

Texas Avenue • Numerous Recent Capi-tal Improvements • Range Of Available

Spaces: ~686 - ~11,920 SF

Texas Avenue Plaza | Bryan

65

Office Properties For LeaseNew Tenant

~1 Mile From The Briarcrest Exit Off Highway 6 • Within 2 Miles Of Both TAMU Main Campus And Blinn Col-lege • Centrally Located • Range Of Available Spaces: ~356 - ~3,510 SF

Executive Office Plaza | Bryan

66

Great Visibility & Exposure To High Traf-fic Counts On University Drive • Move-In

Ready For Doctors Office Or Profes-sional Office User • Range Of Available

Spaces: ~3,000 - ~6,000 SF

University Park Plaza | College Station

69

~1.5 Miles From St. Joseph Regional Health Center & ~1 Mile From Blinn

College • Range of Available Spaces:~ 1,500 - ~6,000 SF

1200 Briarcrest | Bryan

68

Class “A” Professional Office Building • Wide Range of Suite Configurations • High Visibility With Exceptional Traf-fic Counts • Range Of Available Spaces:

~1,707 - ~21,568 SF

Crystal Park Plaza | College Station

67

New Tenant

Customizable Office Space With Open Floor Plan • Private Office Park With Favorable

Co-Tenancy • Easy Access To Highway 6 South • Controlled Building Access & Gated Office

Park Entrance • Available Space: ~10,598 SF

Texas Digital Building | College Station

64

Oldham Goodwin repre-sented the landlord in the lease for David’s Bridal at

Gateway Retail Center


Robert J. YoungVice President | Brokerage ServicesCommercial LeasingPhone: 979.268.2000Fax: 979.846.7020Cell: [email protected]

Oldham Goodwin repre-sented the landlord in the lease for Lucky Dogs at

Boardwalk Plaza

21

RECENT TRANSACTIONS



Office Properties For Lease

Centrally Located Within Bryan/College Station • Small To Mid-Sized Suite Con-figurations • Within ~1.5 Miles Of Texas A&M University • Range Of Available

Spaces: ~264 - ~3,468 SF

United Plaza | College Station

71

New Tenant

~1 Mile From Blinn College • Small, Mid & Large Sized Suite Configurations Available • Less Than 1/4 Mile From St. Joseph’s Re-gional Medical Center • Range Of Avail-

able Spaces: ~150 - ~5,162 SF

Copper Chase Office Park | Bryan

72

New Tenant

Within Close Proximity To College Station Medical Center, Retail & Restaurants •

Convenient For A Variety Of Users Includ-ing Professional Office Or Medical Tenants •

Available Space: ~4,013 SF

3310 Longmire | College Station

73

If you are considering leasing space, please contact our group and allow us to provide you with the insight and accessible

expertise you need to make an informed decision.


Commercial Leasing979.324.1717

[email protected]

Central Location To Thriving Commercial And Residential Growth • Vast Traffic Flow From Texas Avenue • ~400 FT Of Front-age On Hwy 6 • Range Of Available

Spaces: ~1,268 - ~12,300 SF

Southwood Business Center | College Station

70


lease for KCEN-TV at Texas Avenue Plaza




Fax: 979.846.7020Cell: 979.324.1717

[email protected]

Oldham Goodwin repre-sented the landlord in the lease for John Thomas at

United Plaza

22

RECENT TRANSACTIONS



Easy Access To Highway 6 South & Rock Prai-rie Road • Six 12’ Overhead Roll Up Doors • Flexible Floor-Plan Easily Divisible To Accom-modate A Variety Of Businesses • Range Of

Available Spaces: ~242 - ~14,926 SF

The Emporium | College Station

75

Industrial Properties For Lease

Easy Access To Highway 290 • ~400 FT Of Frontage On South Market

Street • Highly Visible With Excep-tional Traffic Counts • Available Space: ~58,768 SF (Divisible)

Market Street Center | Brenham

74


Commercial Leasing979.324.1717 | [email protected]

If you are considering leasing space, please contact our group and allow us to provide you with the insight and accessible

expertise you need to make an informed decision.

New Listing




lease for American Optical Services at University Park

Plaza


lease for Cortiers Real Estate at Southwood

Business Center



About Brazos Natural Foods Brazos Natural Foods has been serving Bryan and College Station since 1988. Founded by Janis Atkins, a graduate of Texas Christian University, and Robert Atkins, a graduate of Texas A&M University, to provide an alternative to the “sameness” of shopping at big-box supermarkets. We have a helpful, friendly staff and a reference library to provide general information about the products we carry.

Brazos Natural Foods carries a wide range of products including bulk grains, flours, herbs and spices, nuts, seeds and dried fruits. We offer organic whenever possible because organic practices help prevent the destruction of our soil, water and natural resources. Brazos Natural Foods carries over 50 varieties of bulk teas and over 100 varieties of tea bags. We offer a large selection of gluten-free products plus an organic produce section; and, of course, vitamins, herbal supplements, homeopathic remedies, beauty aids and much more.

Tenant Spotlight:

Location: 4303 South Texas Avenue

Bryan, Texas 77802(979) 846-4459

Store Hours:Monday: 9:00 AM - 6:00 PMTuesday: 9:00 AM - 6:00 PM

Wednesday: 9:00 AM - 6:00 PMThursday: 9:00 AM - 6:00 PMFriday: 9:00 AM - 6:00 PM

Saturday: 9:00 AM - 4:00 PMSunday: Closed

For More Information About Brazos Natural Foods, Visit: www.brazosnaturalfoods.com

Located At:Beverley Estates Center

Bryan, Texas

Retail Space For Leasewww.OldhamGoodwin.com

Janis & Robert Atkins, Owners – Brazos Natural Foods

24

RECENT TRANSACTIONS



Retail Properties For Lease

State Of The Art Architectural Fea-tures And Amenities • Regional Trade

Population Of Approximately 400,000 • Visibility From Texas Avenue And Park

Place • Available Space: ~2,275 SF

Boardwalk Plaza | College Station

78

Easy Access With Ample Parking Available • Cost Effective & Affordable Rents • Restaurant

Space Available For Immediate Occupancy Well Rounded & Established Tenant Mix • Range Of

Available Spaces: ~734 - ~5,000 SF

Westgate Center | Bryan

79

Potential For High Foot Traffic With Conve-nience From Adjoining Apartment Component • Restaurant Space Available For Immediate Occupancy • Range Of Available Spaces:

~2,145 - ~4,868 SF

The Lofts At Wolf Pen Creek | College Station

77

Located On Densely Concentrated Retail Corridor • ~25’ Ceiling Heights, Staff

Training Room & Private Offices • Fiber Optic Cable Vault & Dock High On-Site


Office Max Center | College Station

76

Located In Revitalized Historic Downtown District Of Bryan • Adjacent To Brazos County Courthouse • Modern Architec-tural Features & Design • Range Of

Available Spaces: ~1,805 - ~2,944 SF

Bryan Gateway Center | Bryan

80

Convenient & Easy Access From Two Thor-oughfares • Recently Renovated With A Fresh Exterior And Contemporary Landscaping • Excellent Visibility With Frontage On Texas

Avenue • Available Spaces: ~1,250 SF

Park Central Center | Bryan

81



Oldham Goodwin repre-sented the landlord in the lease for Harold’s Hotdogs

at Southwest Crossing

Oldham Goodwin repre-sented the tenant in the lease for Fowl Digits at

1037 Texas Avenue South

25

RECENT TRANSACTIONS



Oldham Goodwin repre-sented the landlord in the lease for Medicare Equip-ment Specialties at Plazas

At Rock Prairie




Fax: 979.846.7020Cell: 979.324.1717

[email protected]

Oldham Goodwin repre-sented the landlord in the lease for Twin Liquor at

University Shopping Center

Convenient Community Retail Center • Great Vis-ibility & Access On Southwest Parkway & Texas Avenue • Centrally Located Near Texas A&M University And Residential Subdivisions • Range Of Available Spaces: ~1,161 - ~45,500 SF

Park Place Plaza | College Station

82

Dynamic Growth Area • Central Loca-tion With High Traffic Counts • Great Visibility And Access On Texas Avenue


Shops on Texas | College Station

86

~4 Miles From TAMU • High Daytime Population • Southern “Gateway” Of College Station • Range Of Available

Spaces: ~0.63 AC & ~0.79 AC Pad Site

Plazas At Rock Prairie | College Station

85


Southwest to Northeast Perspective

Located In Underserved South College Station • Affluent And Rapidly Expanding Population • Multiple Ingress/Egress Points Allows For Convenient Access • Range Of Available Spaces: ~1,200 - ~16,237 SF

Tower Point | College Station

84

New Tenant

~8,000 SF Pad Site Available • Located In The Center Of The Most Densely-Populated Student Area In College Station • Located

Less Than ½ A Mile From TAMU • Available Space: ~6,000 SF

Southwest Crossing | College Station

87

Competitive Rental Rates And Build-Out Allowance • Restaurant Space Available • Adjacent To Post Oak Mall • Range Of Available Spaces: ~2,100 - ~19,225 SF

Post Oak Square | College Station

83

26

RECENT TRANSACTIONS



Excellent Visibility • Diverse And Estab-lished Retail Tenant Mix • Recently Updat-ed Façade • Convenient Bank Availability

With Drive-Thru Available • Range Of Available Spaces: ~1,000 - ~2,100 SF

Brookhaven Retail Center | Bryan

88

Big Box Availability • Less Than 1 Mile From Hwy 290 • Less Than 3 Miles From Blue Bell Creameries • Range Of Avail-

able Spaces: ~2,000 - ~38,046 SF

Market Square Shopping Center | Brenham

91


Convenient & Easy Access From Two Thor-oughfares • Recently Renovated With Fresh

Exterior Paint • Excellent Visibility With Frontage On Texas Avenue • Range Of Available Spaces: ~1,400 - ~2,160 SF

Mid-Town Center | Bryan

92

Highly Visible Neighborhood Retail Cen-ter • Convenient Access To An Outstand-ing Mix Of Restaurants, Retail & Student Housing • Highly Concentrated Area Of

Retail, Office & Restaurant Users

Freedom Center | Bryan

89

100% Leased

~3.6 Miles From Texas Tech University & ~2 Miles From Lubbock Christian

University • Available Space: ~1,952 SF • Great Visibility From Loop 289

West Wind Shopping Center | Lubbock

93

Oldham Goodwin repre-sented the landlord in the lease for BCS Fitness at

Beverley Estates



Convenient & Easy Access From Interstate 45 • Excellent Visibility With Frontage

On 11th Street • Diverse And Established Retail Tenant Mix • Range Of Available

Spaces: ~4,337 - ~6,638 SF

Grant Plaza | Huntsville

90

Oldham Goodwin repre-sented the landlord in the lease for Hooks Family

Dentistry at Plazas At Rock Prairie



Property Location Map

This map of the Bryan & College Station city limits is for marketing purposes only and may not accurately depict the actual city limits. This map is not to scale and all property locations are approximate.

N. Earl Rudder Fwy

6

6

6

6

2223

974

190

1179

2818

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50

2818

2818

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1179

158

47

47

21 30Ha

rvey

Rd

Gree

ns P

rairie

Rd

Rock Prairie Rd

Barro

n Rd

Wellborn Rd N

Grah

am R

d

Boonville Rd

Texas Ave S

N Texas Ave

Mumford Rd

Sand

y Poin

t Rd

N Dowling Dr

S College Ave

Bryan

Unive

rsity

Dr

East 29th/Tarrow

W V

illa M

aria

Rd

Briar

crest

Dr

William J Bryan

Woodv

ille R

d

Holle

man

Dr

Geor

ge B

ush

Dr

Sout

hwes

t Pkw

y

William D. Fitch Pkwy

College Station

Wellborn

S Earl Rudder Fwy

Leon

ard R

d

Finfeather Rd

Welsh Ave

Wellborn Rd N

Fort Worth Dallas

Austin

San AntonioHouston

Bryan/College Station

Lubbock

1

142

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4

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76 7778

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Rick Lemons, CCIM Multifamily Group

Vernie D. Bodden, III Land Group Laurie Follis Stone Residential Group

Clinton D. Oldham Commercial Group

Robert J. Young Commercial Leasing

Bailey Fellows Commercial Leasing

Vice President | Brokerage Services

Associate | Brokerage Services

Over the last 4 years, Robert has focused on increasing his understanding of the B/CS real es-tate market, the emerging trends that affect the city, county, and state, and the commercial real estate growth indicators that real estate experts use to predict the future of the local market. Robert strives to deliver the highest levels of client services available.

[email protected]

Bailey specializes in landlord representation specifically for retail and office space. He is proficient in financial analysis and business plan development. Bailey is a licensed real estate agent and is a member of the Texas and Na-tional Association of Realtors.

512.917.0756 | [email protected]

A graduate of Texas A&M University, Laurie has been successfully matching buyers and sellers in the Bryan-College Station area for over 21 years. Outstanding service, numerous referrals, repeat customers and an inexhaustible energy for helping buyers find the right home, has helped her sell well over 2000 properties.

979.820.4872 | [email protected]

Vernie’s background in the ranching industry has enabled him to build a broad base of knowl-edge in rural land, both from an operational and valuation perspective. Vernie has used these principals to broaden his scope of knowledge to include the commercial realm. As a result, he has been able to represent some of the states largest retail and hospitality developers.979.777.4641 | [email protected]

Rick’s background encompasses over 20 years of hospitality and property management experi-ence with Aramark, Pappas Restaurants, Inc. and Oldham Goodwin. From 2004 to 2008, he managed and operated the multifamily division of Oldham Goodwin. As a commercial real estate broker, Rick has listed and sold numerous multifamily and single family properties to local and national investors.979.255.1950 | [email protected]

Clint represents our private investment and corporate clients in the acquisition and disposition of Retail, Office and Industrial real estate. In addition to buyer and seller representation, Clint’s experience includes project leasing, tenant representation, as well as investment and financial analysis. Clint’s broad range of experience in the local commercial real estate market has made him a valuable asset to clients seeking to acquire or dispose of their assets.409.781.7734 | [email protected]

2800 South Texas Avenue, Suite 401Bryan, Texas | 77802

T 979.268.2000 | F 979.846.7020www.OldhamGoodwin.com

Accessible Expertise

Vice President | Brokerage ServicesVice President | Brokerage Services



Cyndee Smith Greater Houston Area


Cyndee is Vice President, Brokerage Services in the Greater Houston Area. Cyndee focuses on acquisi-tion and disposition, as well as the development of commercial and country properties for clients. With over 30 years of experience in commercial real estate, Cyndee has completed numerous types of transactions including landlord representation of new retail developments and tenant representation.713.816.3407 | [email protected]

www.OldhamGoodwin.com

For More Information About Oldham Goodwin’s Other Services & Projects Visit

Oldham Goodwin's Commercial Quarterly | 1st Quarter 2012

Documents

boardwalk plaza

property spotlight

property items

surrounding retailers

numerous national retailers

sf retail center

heb anchored retail

pleasing retail centers