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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM Description 2019 Delivery Retail and Restaurant space available for lease End cap with patio opportunities Ample, dedicated retail and restaurant parking 10,000 students on site 699 multi-family units on site Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600 FOR LEASE Airport Boulevard & Jacob Fontaine Lane | Austin, TX Overview AVAILABLE 1,768 SF - 4,143 SF (Divisible) RETAIL GLA 27,590 SF LEASE RATE Call for Pricing Demographics 1 MILE 3 MILE 5 MILE 2018 Population 15,502 166,551 351,728 2018 Daytime Population 25,429 218,812 571,600 2018 Average HH Income $66,723 $69,626 $83,726 Year: 2018 | Source: Esri Contact T.J. POWELL 512.236.4605 | [email protected] CARSON HAWLEY 512.236.4620 | [email protected] EXECUTIVE SUMMARY
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Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

Oct 04, 2020

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Page 1: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

Description• 2019 Delivery• Retail and Restaurant space available for lease• End cap with patio opportunities• Ample, dedicated retail and restaurant parking • 10,000 students on site• 699 multi-family units on site• Up to 500,000 sf of planned Class A office space within walking

distance

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

FOR LEASE

Airport Boulevard & Jacob Fontaine Lane | Austin, TX

OverviewAVAILABLE 1,768 SF - 4,143 SF

(Divisible)

RETAIL GLA 27,590 SF

LEASE RATE Call for Pricing

Demographics 1 MILE 3 MILE 5 MILE

2018 Population 15,502 166,551 351,7282018 Daytime Population 25,429 218,812 571,6002018 Average HH Income $66,723 $69,626 $83,726Year: 2018 | Source: Esri

ContactT.J. POWELL

512.236.4605 | [email protected]

CARSON HAWLEY512.236.4620 | [email protected]

EXEC

UTI

VE

SUM

MA

RY

Page 2: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Austin, TX

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

AER

IAL

Page 3: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

Austin, TXA

ERIA

L

Page 4: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Airport Boulevard & Jacob Fontaine Lane | Austin, TX

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

BUILDING 1 BUILDING 2

SITE

PLA

N

Page 5: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

Austin, TX

BUILDING 1 BUILDING 2

SITE

PLA

N

Page 6: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / viewsdwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / viewsdwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

Airport Boulevard & Jacob Fontaine Lane | Austin, TXP

HO

TOS

Page 7: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

dwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / viewsdwg.March 06, 2018

Highland Gateway Plaza

HIGHLAND GATEWAY PLAZA_highland gateway plaza / views

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

Airport Boulevard & Jacob Fontaine Lane | Austin, TXP

HO

TOS

Page 8: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

AIR

PORT B

LVD

HIGHLAND MALL BLVD

E KOENIG LN

Duval St

MID

DLE

FIS

KV

ILLE

RD

TIRADO ST

CLAYTON LN

290

HIGHLANDSTATION

Proposedrelocation

ACCFuture Phase

ACCFuture Phase

ACCFuturePhase

ACCHQ

CLAYTON LN

HIG

HLA

ND

CA

MP

US

DR

JACOB FONTAINE LN

DENSON DR

WILL DAVIS DR

JACOB FONTAINE LN

WILHEMINA DELCO DR

THO

MA

S H

ATF

IELD

WA

Y

ST

EP

HE

N K

INS

LOW

WA

Y

JON

AT

HA

N D

R

HAGE DR

ACCFuture Phase

2 129

5

1

4

6

64

112

3

10

7

8

1 2 3

4 5 6

7 8 9

10 11 12

Conceptual plan and dates. Subject to change without notice

ACC HIGHLAND PHASE 1ACCelerator Learning Lab,Serving 6,000 StudentsOpened Fall 2014

ACC HIGHLAND PHASE 2Workforce Innovation Center, STEM Simulator Lab, Digital Media Center, Culinary & HospitalityCenter.Coming Spring 2020

RESIDENTIAL PHASE 1309 Total Apartment Units, 31 AffordableHousing Units, Ground-Floor Retail,LEED CertifiedOpened Fall 2017

RESIDENTIAL PHASE 2 Approx. 390 New Apartment Units. 39 Affordable Units. Under ConstructionComing Summer 2019

PLANNING & DEVELOPMENT CENTERProposed 250,000 SF Office Space for the City of AustinComing Fall 2019

RETAIL & RESTAURANTS25,000 SF Signature Retail Areas, Restaurants & Shops. Under ConstructionComing Summer 2019

ACC ACADEMIC PARTNERSHIPSDesigned by Gensler, 185,000 SF Class A Office, Curriculum EnhancementsConstructions Starts Late 2018

HIGHLAND 465,000 SF Build-to-Suit Class A Office Space, Large Floor Plates, Structured Parking w/ Secure Access, Amenity RichUnder Design

ACC BIOSCIENCE INCUBATOR4,000 SF of Flexible Space for Science Entrepreneurs to Focus on Innovation. Wet Labs, Two ISO 8 Clean Rooms, Conference SpaceOpened January 2017

HIGHLAND GREENWAY PARK2+ Acres of Public Open Space, Workout Areas, Trails, Picnic Areas. Substantially CompleteOpens Early 2018

FONTAINE PLAZASignature Open Space at Highland’s Front Door, Preserved Heritage Trees. Under DesignComing Summer 2019

ST. JOHN’S ENCAMPMENT COMMONS2+ Acres of Planned Open Space Named in Honor of the African American Community Organization that Preceded the Mall at Highland

Updated May 2018

Happening Now at Highland For More Info Visit: www.HighlandATX.com

ACC

Potential Retail Below

Parking Garage

Office/Commercial

Residential

Happening Now at Highland

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

AC

TIV

EP

RO

JEC

TS

Page 9: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

The TriangleThe TriangleHancock

St. John’s

Allandale

Rosedale

Mueller

Hyde Park

Highland

NorthLoop Windsor Park

Windsor Hills

360

1

35

183

Lam

ar Bl

vdGua

dalup

e St

Cesar Chavez St

Airport Blvd

AUSTIN-BERGSTROM

INT’LAIRPORT

HIGHLANDCrestview

Brentwood

Pease Park

UT Austin

2222

3 Mile

N

Neighborhood Connectivity Map

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

3 MILE RADIUS: COMMUNITY SNAPSHOT

URBAN CHIC ○ Well educated, over 60% of

residents hold a bachelor’s degree or higher

○ Busy, tech-savvy residents

LAPTOPS & LATTES ○ Health-conscious consumers,

exercise regularly and pay attention to the nutritional value of food

○ Environmentally conscientious

TOP TIER ○ Socially responsible consumers

who aim for a balanced lifestyle ○ Annually, earn more than three

times the US median household income

IN STYLE ○ Affluent market reveals median

household income of $65,600 ○ Married couples, primarily with no

children or single

UP & COMING FAMILIES ○ Young families still feathering the

nest and establishing their style ○ 66% have some college education

or degree

Tapestry Segmentation: Esri, 2015.

MA

P

Page 10: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Transit Map

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

MA

P

Page 11: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

An Affordable & Balanced Mix Neighborhood

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

HIGHLAND: AFFORDABLE, WALKABLE & GREAT SCHOOLS

RANK HOME PRICE MIX WALK SCORE SCHOOL RATING

22 Affordable 63 6.1

REDFIN’S FINDINGSRedfin, a real estate brokerage firm, found that only 14 percent of the country’s neighborhoods hit homebuyers’ top three demands — affordability, walkability, and highly ranked

schools — and four of those neighborhoods are right here in Austin.

Redfin ranked 170 balanced-mix and affordable neighborhoods in the U.S. by their walkability and schools scores. They found that only 24 neighborhoods in the entire U.S. actually meet those top homebuyer requirements. In the top 25 is our own Highland neighborhood, ranked No. 22 nationally.

METHOD & DATA

Redfin used their home sale price data from July 2013 through June 2015. City-specific median family income came from the 2014 one-year American Community Survey.

Redfin considered a home affordable if 28 percent of the local median family income could cover the monthly mortgage and principal payment, assuming the buyer put 20 percent down and took out a 30-year loan with a four percent interest rate. Homes with sale prices 20 percent above that threshold were considered expensive.

To get the price mix of different areas, Redfin summarized the price of recently sold homes in a 500-meter grid. Affordable areas had at least three affordable homes for every expensive home. Areas with a balanced mix of home prices had a ratio of affordable to expensive homes between 0.33 and 3.0. High-end areas had at least three expensive homes for every affordable home. We considered a neighborhood “walkable” if it had a Walk Score of 60 or higher (using Walk Score methodology).

A WALKABLE NEIGHBORHOOD

AFFORDABLE LIFESTYLE

MA

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Page 12: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Austin Community College (ACC)

SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

ACC HIGHLAND WILL BENEFITCENTRAL TEXANS THROUGH:

○ Programs for careers in digital media, health sciences, and culinary/hospitality fields

○ Professional incubator space ○ A workforce innovation center and on-campus job fairs ○ Partnerships like the one proposed with Rackspace that

will bring 1,200 Rackspace employees to the campus, while also providing scholarships, internships, and specialized instruction

ACC Highland is reinvisioning higher education, and also setting a new standard for mutually beneficial public-private partnerships. Along with its 1.3 million square feet of flexible, cutting-edge educational space, ACC is bringing Highland the financial stability of a fully approved bond package, the enthusiastic support of the local community, relationships with major employers, and perhaps most importantly, the human energy and economic vibrancy of a bustling urban campus.

ACC HIGHLAND PHASE 1• Opened August 2014• 200,000 square feet• 6,000 students• 600-computer ACCelerator learning lab

ACC HIGHLAND PHASE 2• $152 million bond package approved in 2014• Opening Summer 2019• 4,000 students

ACC HIGHLAND PHASE 2 RENDERING

ACC HIGHLAND PHASE ACC HIGHLAND PHASE

MA

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Page 13: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Executive SummaryAirport Blvd & Jacob Fontaine Ln | Austin, TX

Executive Summary_Daytime PopulationACC Highland Prepared by Esri6001 Airport Blvd, Austin, Texas, 78752 Latitude: 30.32548Rings: 1, 3, 5 mile radii Longitude: -97.71592

1 mile 3 miles 5 milesPopulation

2000 Population 13,456 145,207 290,6752010 Population 13,228 145,285 305,2722018 Population 15,502 166,551 351,7282023 Population 17,515 180,543 381,6352000-2010 Annual Rate -0.17% 0.01% 0.49%2010-2017 Annual Rate 1.94% 1.67% 1.73%2017-2022 Annual Rate 2.47% 1.63% 1.65%2018 Male Population 54.0% 51.9% 51.2%2018 Female Population 46.0% 48.1% 48.8%2018 Median Age 32.3 30.3 31.12018 Total Daytime Population 25,429 218,812 571,600

Workers 19,645 143,597 403,930Residents 5,784 75,215 167,670

In the identified area, the current year population is 15,502. In 2010, the Census count in the area was 13,228. The rate of change since 2010 was 1.94% annually. The five-year projection for the population in the area is 17,515 representing a change of 2.47% annually from 2017 to 2022. Currently, the population is 54.0% male and 46.0% female.

Median Age

The median age in this area is 32.3, compared to U.S. median age of 38.2.Race and Ethnicity

2018 White Alone 70.8% 67.6% 65.0%2018 Black Alone 6.0% 8.0% 10.4%2018 American Indian/Alaska Native Alone 0.8% 0.8% 0.8%2018 Asian Alone 4.9% 6.0% 6.3%2018 Pacific Islander Alone 0.1% 0.1% 0.1%2018 Other Race 13.7% 13.7% 13.9%2018 Two or More Races 3.7% 3.8% 3.5%2018 Hispanic Origin (Any Race) 35.4% 37.7% 36.4%

Persons of Hispanic origin represent 35.4% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 72.5 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 6,502 62,382 119,1132010 Households 6,402 61,687 124,0562018 Total Households 7,470 70,718 144,4522023 Total Households 8,414 76,998 157,7152000-2010 Annual Rate -0.15% -0.11% 0.41%2010-2017 Annual Rate 1.89% 1.67% 1.86%2017-2022 Annual Rate 2.41% 1.72% 1.77%2018 Average Household Size 2.07 2.28 2.33

The household count in this area has changed from 6,402 in 2010 to 7,470 in the current year, a change of 1.89% annually. The five-year projection of households is 8,414, a change of 2.41% annually from the current year total. Average household size is currently 2.07, compared to 2.06 in the year 2010. The number of families in the current year is 2,831 in the specified area.

Source: Esri, U.S. Census

October 09, 2018

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Page 14: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Executive SummaryAirport Blvd. & Jacob Fontaine Ln. | Austin, TX

Executive Summary_Daytime PopulationACC Highland Prepared by Esri6001 Airport Blvd, Austin, Texas, 78752 Latitude: 30.32548Rings: 1, 3, 5 mile radii Longitude: -97.71592

1 mile 3 miles 5 milesMedian Household Income

2018 Median Household Income $42,667 $44,311 $50,3632023 Median Household Income $51,471 $51,469 $56,4002017-2022 Annual Rate 3.82% 3.04% 2.29%

Average Household Income

2018 Average Household Income $66,723 $69,626 $83,7262023 Average Household Income $78,502 $79,331 $93,7332017-2022 Annual Rate 3.30% 2.64% 2.28%

Per Capita Income2018 Per Capita Income $31,774 $29,928 $34,9142023 Per Capita Income $37,234 $34,165 $39,2282017-2022 Annual Rate 3.22% 2.68% 2.36%

Households by Income

Current median household income is $42,667 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $51,471 in five years, compared to $62,316 for all U.S. households

Current average household income is $66,723 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $78,502 in five years, compared to $91,585 for all U.S. households

Current per capita income is $31,774 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $37,234 in five years, compared to $34,828 for all U.S. householdsHousing

2000 Total Housing Units 6,736 64,522 123,7772000 Owner Occupied Housing Units 1,978 21,815 49,0762000 Renter Occupied Housing Units 4,524 40,567 70,0372000 Vacant Housing Units 234 2,140 4,664

2010 Total Housing Units 7,157 68,672 137,4382010 Owner Occupied Housing Units 1,924 21,960 51,2782010 Renter Occupied Housing Units 4,478 39,727 72,7782010 Vacant Housing Units 755 6,985 13,382

2018 Total Housing Units 8,234 78,528 159,7322018 Owner Occupied Housing Units 2,090 24,669 58,3882018 Renter Occupied Housing Units 5,380 46,049 86,0642018 Vacant Housing Units 764 7,810 15,280

2023 Total Housing Units 9,259 85,518 173,9362023 Owner Occupied Housing Units 2,396 27,723 65,3622023 Renter Occupied Housing Units 6,018 49,274 92,3522023 Vacant Housing Units 845 8,520 16,221

Currently, 25.4% of the 8,234 housing units in the area are owner occupied; 65.3%, renter occupied; and 9.3% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 7,157 housing units in the area - 26.9% owner occupied, 62.6% renter occupied, and 10.5% vacant. The annual rate of change in housing units since 2010 is 6.43%. Median home value in the area is $277,348, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 0.98% annually to $291,169.

Source: Esri, U.S. Census

October 09, 2018

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Page 15: Overview - LoopNet...• Up to 500,000 sf of planned Class A office space within walking distance SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin,

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts performed

by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on

behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):• Put the interests of the client above all others, including the broker’s own

interests;• Inform the client of any material information about the property or transaction

received by the broker;• Answer the client’s questions and present any offer to or counter-offer from

the client; and• Treat all parties to a real estate transaction honestly and fairly.

A license holder can represent a party in a real estate transaction.

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder

associated with the broker to each party (owner an buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted in a

written offer; and• any confidential information or any other information that a party

specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and your obligations under the

representation agreement.• Who will pay the broker for services provided to you, when payment will be

made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.govIABS 1-0

SRS Real Estate Partners LLC 9003586 [email protected] 512.236.4600

Licensed Broker/Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Will Majors 508128 [email protected] 512.236

Designated Broker of Firm License No. Email Phone

T.J. Powell 604495 [email protected] 512.236.4605

Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Carson Hawley 641709 [email protected] 512.236.4620

Sales Agent/Associate’s Name License No. Email Phone

Buyer Initials Tenant Initials Seller Initials Landlord Initials Date

Information About Brokerage ServicesTexas Real Estate Commission (11-2-2015)TR

EC