E X E C U T I V E S U M M A R Y
O N E S U G A R C R E E K C E N T E R B O U L E V A R D
S U G A R L A N D , T E X A S
HIGHWAY 90
HIGHWAY 90
HOUSTON CBDHOUSTON CBDTEXAS MEDICAL CENTERTEXAS MEDICAL CENTERGREENWAY PLAZAGREENWAY PLAZA
GALLERIAGALLERIA
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
AETNAREGUSAETNAREGUS
DRURY INN & SUITESDRURY INN & SUITES
THE FOUNTAINSSHOPPING CENTER
THE FOUNTAINSSHOPPING CENTER
EXTENDED STAYEXTENDED STAY
SPRING HILL SUITESSPRING HILL SUITES
AUDI SUGAR LANDAUDI SUGAR LAND
SCHLUMBERGERSCHLUMBERGER
IH 69 | SOUTHWEST FREEWAY
IH 69 | SOUTHWEST FREEWAY
SAM HOUSTON TOLLWAY (BELTWAY 8)SAM HOUSTON TOLLWAY (BELTWAY 8)
DAIRY ASHFORD RD
DAIRY ASHFORD RD
69
SUGAR CREEK CENTER BLVD
SUGAR CREEK CENTER BLVD
TWENTYG R E E N W A Y
HFF L.P., as the exclusive representative of the owner, is pleased to offer a 100% fee simple interest in One Sugar Creek (the “Property”), an institutionally owned office building featuring 193,988 rentable square feet of Class A office space located in one of Houston’s best performing suburbs boasting a Class A occupancy of 91.4% and overall occupancy of 90.0%. This eleven-story property features high-quality construction and structured parking with a 4.2 per 1,000 square foot ratio. Immediate upside is available by raising below market in-place rents in a submarket that has experienced 20% rental rate growth
since 2015 and the lease up of an asset that is currently 87.5%. Recently renovated in June 2017, the property is in excellent condition and features an upgraded lobby and common areas with high-end finishes.
P R O P E R T Y S U M M A R Y
I N S T I T U T I O N A L - Q U A L I T Y O F F I C E A S S E T
PROPERT Y ADDRESS: 1 Sugar Creek BlvdSugar Land, TX 77478
NET RENTABLE AREA: 193,998 SF
L AND SIZE: 4.47 Acres
OCCUPANCY: 87.5%
YEAR BUILT: 1983
FLOORS: 11 Floors
T YPICAL FLOOR SIZE: ±18,500 SF
PARKING: 4.2/1,000 SF
WALT (YEARS) 3.6 Years
AVER AGE IN - PL ACE RENTS: $17.38/SF NNN
DEVELOPER: AP Keller
ARCHITECT: Goulas & Associates
Immediate upside through lease up of 25,000 RSF in a robust submarket that boasts 91.4% occupancy
Ability to roll in-place rents at 15% below market in a submarket that has experienced 20% rental rate growth since 2015
Attractive anticipated valuation vs current replacement cost
Wtd. Average Tenure of 10.4 years and WALT of 3.6 years
$3.1 Million in capital expenditures invested since 2015 and renovated in 2017/2018
Tallest and most recognized Class A office building in all of Sugar Land and Fort Bend County
Strategically positioned on the signalized hard corner of US69 and Dairy Ashford Road
Efficient, center-core 18,500 RSF floor plates that offer floor to ceiling windows on corner offices
4.2 per 1,000 SF parking ratio in structured parking garage
5
P R O P E R T Y S U M M A R Y
I N S T I T U T I O N A L - Q U A L I T Y O F F I C E A S S E T
PROPERT Y ADDRESS: 1 Sugar Creek BlvdSugar Land, TX 77478
NET RENTABLE AREA: 193,998 SF
L AND SIZE: 4.47 Acres
OCCUPANCY: 87.5%
YEAR BUILT: 1983
FLOORS: 11 Floors
T YPICAL FLOOR SIZE: ±18,500 SF
PARKING: 4.2/1,000 SF
WALT (YEARS) 3.6 Years
AVER AGE IN - PL ACE RENTS: $17.38/SF NNN
DEVELOPER: AP Keller
ARCHITECT: Goulas & Associates
Immediate upside through lease up of 25,000 RSF in a robust submarket that boasts 91.4% occupancy
Ability to roll in-place rents at 15% below market in a submarket that has experienced 20% rental rate growth since 2015
Attractive anticipated valuation vs current replacement cost Wtd. Average Tenure of 10.4 years and WALT of 3.6 years $3.1 Million in capital expenditures invested since 2015 and renovated in
2017/2018 Tallest and most recognized Class A office building in all of Sugar Land and Fort
Bend County Strategically positioned on the signalized hard corner of US69 and Dairy Ashford
Road Efficient, center-core 18,500 RSF floor plates that offer floor to ceiling windows on
corner offices 4.2 per 1,000 SF parking ratio in structured parking garage
Significant new leasing activity totaling nearly 12,000 SF in 2019
SIGNIFICANT RECENT CAPITAL INVESTMENTThe Owner has invested over $3,100,000 million of non-leasing capital improvements into the subject property since 2015, maintaining and enhancing its institutional quality status. Notably, the Owner invested in new tenant common areas, lobby and corridors ($2,100,000), garage improvements ($250,000), landscaping and sitting area ($47,000), and curtain wall and building upgrades ($171,000)
S U M M A R Y O F C A P I TA L E X P E N D I T U R E S
Job Type Total Cost
Domestic Water Risers $171,652
Curtain Wall - wet seal, caulking & pressure washing $300,155
Interior Renovations $2,196,411
Mgmt Office / Conference Center $35,664
Garage Improvements $250,504
Landscaping / Sitting Area $47,895
Concrete Work $77,665
Furniture & Fixtures $37,525
Equipment $30,697
TOTAL CAP EX $3,148,168
6
OUTSTANDING ACCESS AND VISIBILITYOne Sugar Creek is effectively the first major office building you can access and see when entering the Sugar Land office submarket. Featuring a prominent location at the hard corner of Interstate 69 and Dairy Ashford Road, One Sugar Creek offers its tenants excellent visibility with signage options available. Situated less than a mile from the intersection of Interstate 69 and U.S. 90, One Sugar Creek’s location also provides tenants and visitors convenient ingress and egress as well as direct access to several primary transportation arteries of the Houston MSA, including Beltway 8, Westpark Tollway and Grand Parkway. The Property also provides unique accessibility to Sugar Land’s residential communities which are consistently on the list of national ‘best places to live’ surveys and include First Colony, Greatwood, New Territory, River Park, and Imperial.
IMMEDIATE UPSIDE POTENTIAL WITH ATTRACTIVE BASISOne Sugar Creek’s location within Houston’s most business-friendly suburb, combined with excellent access and visibility make it attractive to both large and small tenants. Currently 87.5% leased in a market that is 91.4% as of 4Q 2018, investors have the opportunity to create significant value in the near term by leasing the remaining 25,000 SF of vacant space and renewing existing tenants at market rental rates. Current in-place rents are approximately 15% below market in a submarket that has experienced 20% rental rate growth since 2015. Supported by the tight occupancy, limited supply and zero new construction, rental rates are expected to further lean in a landlord’s favor. One Sugar Creek is offered well-below replacement cost, and new ownership will be able to position the Property for quick stabilization at an attractive basis.
IH-69 / US 59 | 199,843 VPDIH-69 / US 59 | 199,843 VPD
DAIRY ASHFORD RD | 22,820 VPD
DAIRY ASHFORD RD | 22,820 VPD
INVESTMENT HIGHLIGHTS
8
INVESTMENT HIGHLIGHTS
RECORD SETTING JOB AND POPULATION GROWTHHouston is once again the strongest MSA in the country in terms of job growth. In the trailing 12 months from November 2018, Houston was #1 adding 114,400 jobs, which is a 3.7% year over year growth rate, outpacing Texas’ 3.3% year over year growth rate. Houston was #2 in the USA in population growth with 94,417 new residents from July 2016 to July 2017.
DOMINANT CORPORATE HUB Sugar Land is home to numerous high-profile regional and international corporations housed in over 23 million square feet of commercial space, including Fluor Corporation, Tramontina USA, Inc., Nalco Champion, Baker Hughes, Methodist, Memorial Hermann and Texas Instruments. Additionally, a growing list of global corporations are thriving in Sugar Land and many others are relocating there. Among them are UnitedHealthcare, the most diversified health care company in the United States, and Schlumberger, the world’s largest oilfield services company, which has relocated its national headquarters to Sugar Land. The University of Houston Sugar Land is also undertaking new initiatives. A $54 million new facility, which will primarily house the College of Technology, is under construction and expected to be complete in 2019. Sugar Land’s favorable tax climate, community infrastructure, unsurpassed quality of life, strong workforce and international corporate relocations all contribute to a superior business environment.
ONE OF AMERICA’S BEST PLACES TO LIVESugar Land has been on the list of numerous best places to live surveys, an achievement further validated by a population growth rate of 14% from 2010 to 2018. Also contributing to Sugar Land’s high ranking is an unemployment rate of 3.5% and a highly regarded school system, consistently ranked among the best in the nation by the Washington Post and U.S. News and World Report. Sugar Land was also ranked as the number 9 safest city in Texas by SafeHome.com and was named one of America’s best small markets for business by Global Trade magazine. In 2017, 91% of residents in Sugar Land rated their quality of life as “excellent or good”, a figure well above the U.S. and Texas averages.
91.4%CLASS A OCCUPANCY
114,400JOB GROWTH TRAILING12 MONTHS
14%POPULATION GROWTH2010 THROUGH 2018
Methodist
SystemHealth Care
HIG
HW
AY
90
HIG
HW
AY
90
SUGAR LANDTOWN CENTERSUGAR LAND
TOWN CENTER
PARIDISE POINT NEIGHBORHOODPARIDISE POINT NEIGHBORHOOD
FIRST COLONY MALLFIRST COLONY MALL
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
ABMUNITED HEALTHCARE
ABMUNITED HEALTHCARE
NALCO CHAMPION NALCO CHAMPION
AETNAREGUSAETNAREGUS
FISERVFISERV
HEALIXSTEWART TITLE
HEALIXSTEWART TITLE
MINUTE MAIDAMICA
MINUTE MAIDAMICA
FLUORFLUOR
DRURY INN & SUITESDRURY INN & SUITES
IH 69 | SOUTHW
EST FREEWAY
IH 69 | SOUTHW
EST FREEWAY
STATE HIGHWAY 6STATE HIGHWAY 6
GRAND PARKWAYGRAND PARKWAY
DAIRY ASHFORD RD
DAIRY ASHFORD RD
69SUGAR CREEK CENTER BLV
D
SUGAR CREEK CENTER BLVD
9
10
INVESTMENT HIGHLIGHTS
S U G A R L A N D K E Y D E V E L O P M E N T P U B L I C / P R I VAT E PA R T N E R S H I P S P O P U L AT I O N G R O W T H F O R E C A S T B Y Z I P C O D E
69
610
0-3%
Population Growth Forecast
4-6%
7-9%
10-12%
13-15%
Smart Financial Centre at Sugar LandSmart Financial Centre at Sugar Land
Hotel Conference Center / Telfair Mixed UseHotel Conference Center / Telfair Mixed UseUniversity of Houston Sugar Land
University of Houston Sugar Land
Houston Museum of Natural Science
at Sugar Land
Houston Museum of Natural Science
at Sugar Land
Sugar Land Town SquareSugar Land Town Square
Lake Pointe VillageLake Pointe Village
The Crossing at Tel FairThe Crossing at Tel FairCentral UnitCentral Unit
Sugar Land Regional Airport
Sugar Land Regional Airport
Constellation FieldConstellation Field
Imperial Redevelopment DistrictImperial Redevelopment District
90TEXAS
6
TEXAS6
69
STABLE OFFICE SUBMARKET WITH HIGH GROWTH POTENTIALThe Sugar Land office submarket is consistently listed at the top of Houston’s best performing submarkets. At the end of Q4 2018, the Sugar Land submarket was 91.4% leased, which ranks 2nd highest amongst Houston submarkets only behind the Medical Center. Rental rates have increased by 20% since 2015 or a compound annual growth rate of 5.2% over the last 5 years supported by nearly 25,000 SF of net absorption in the last 12 months and limited supply. With no deliveries in the last year and no buildings currently under construction, the current occupancy rate is expected to remain significantly above the 10-year average of 87.9%. The Sugar Land office submarket will continue to attract corporations due to its highly educated workforce and quality of life.
SubmarketTotal
Buildings
Total Rentable
Sq. Ft.
Percent Occupied
Overall
Total Net Absorption 4Q 2018
Sq. Ft. Delivered 4Q 2018
Total Deliveries T12 Mo.
Avg. Gross Rents2
Overall Houston 1,514 255,446,407 81.2% 1,858,644 705,202 1,201,457 $29.25
Class A 493 143,507,799 79.8% 1,693,622 705,202 1,157,857 $33.76
Class B 881 101,466,146 82.4% 141,773 0 43,600 $22.15
Class C 140 10,472,462 90.2% 23,249 0 0 $17.91
Sugar Land 53 6,439,858 90.0% 22,320 0 0 $26.13
Class A 20 3,773,340 91.4% 56,205 0 0 $27.68
Class B 31 2,551,283 87.4% (33,885) 0 0 $23.35
Class C 2 115,235 100.0% 0 0 0 $0.00
11
SUGAR LAND VS. THE WOODLANDSSince their inception, Sugar Land and The Woodlands have consistently been the most sought-after suburban markets for businesses and residents alike. Comparing facts related to the locations, economies, demographics and fundamentals between the two submarkets, Sugar Land proves to be the more favorable submarket in nearly every category.The following section compares Sugar Land and The Woodlands. Since The Woodlands is universally accepted by institutional capital from around the world, it’s important to understand how the two Houston submarkets compare.
PROXIMITY TO SUGAR LAND
DESTINATION DISTANCE TIME
CBD 19.6 miles 22 minutes
Galleria 12.6 miles 16 minutes
Houston Intercontinental Airport 38.1 miles 39 minutes
Hobby Airport 27.3 miles 31 minutes
Westchase 9.5 miles 14 minutes
Texas Medical Center 15.6 miles 24 minutes
Energy Corridor 18.4 miles 22 minutes
AVERAGE 20.2 MILES 24.0 MINUTES
PROXIMITY TO THE WOODLANDS
DESTINATION DISTANCE TIME
CBD 32.2 miles 33 minutes
Galleria 38.0 miles 46 minutes
Houston Intercontinental Airport 21.5 miles 22 minutes
Hobby Airport 44.2 miles 45 minutes
Westchase 40.4 miles 40 minutes
Texas Medical Center 36.3 miles 37 minutes
Energy Corridor 40.5 miles 41 minutes
AVERAGE 36.2 MILES 37.7 MINUTES
S U G A R L A N D W O O D L A N D S
POPUL ATION
M EDIA N AG E (FEM A LES)
41 Years old 42 Years old
M EDIA N AG E (M A LES)
38 Years old 39 Years old
PROJ EC TED POPU L ATION G ROW TH (2018-2023)
8.41% 7.66%
PROJ EC TED FA M I LY HOUSEHOLD G ROW TH (2018-2023)
9.15% 8.07%
ECONOMY
AVG. HOUSEHOLD I NCOM E
$195,692 $151,625
AVG. TR AV EL T I M ES TO WORK
30.6 minutes 31.0 minutes
WH ITE COLL A R WORK FORCE
75.3% 73.8%
% OF POPU L ATION I N WORK FORCE
63.0% 64.6%
TOP 3 PROFESS IONS
Management (13.4%); Sales/Related (13.3%); Off ice/Admin Support (13.0%)
Management (14.7%); Sales/Related (12.1%); Off ice/Admin Support (10.0%)
HOUSE HOLDS
% OF POP M A RRI ED COU PLES WITH CH I LDREN
34.8% 31.6%
AVG. FA M I LY HOUSEHOLD S IZE
2.7 2.4
OWN VS . RENT
64.3% Own / 35.7% Rent 60.0% Own / 40.0% Rent
OWN ER- OCCU PI ED M EDIA N HOM E VA LU E
$237,078 $267,536
Current Floors: 14
Current Floors: 4
Future Floors: 6
Future Floors: 1
Sublease Floors: 4
1
5
10
15
20
25
30
THE WOODLAND S S UGAR LAND
L A R G E B L O C K S - F U L L F L O O R S
George BushPark
LakeHouston
State Park
ArmandBayouPark
WilliamP. HobbyAirport
George BushIntercontinentalAirport
HARRISCOUNT Y
LIBER T YCOUNT Y
FOR T BENDCOUNT Y
MONTGOMERYCOUNT Y
BRAZORIACOUNT Y
GALVESTONCOUNT Y
Greenspoint
The Woodlands
69
69
69
Westpark Tollway
Katy Frwy
Southwest Frw
y
Northwest Frwy
North Frwy
East
ex F
rwy
NorthLoop
LoopSouth
Wes
t Loo
p
East
Loo
p
Sam Houston Tollway
Sam Houston Pkwy
ExxonMobilCorporate Headquarters
Pasadena Frwy
Baytown East Frwy
Sout
h Fr
wy
Fort
Pkwy
Gulf Frwy
Proposed
GrandPkwy
Proposed Grand Pkwy
Westheimer Rd
Beaumont Hwy
Ben
d
Grand Pkwy
59
59
90
90
90
90
90
59
59
59
59
TEXAS99
TEXAS99
TEXAS6
TEXAS6
TEXAS6
TEXAS6
TEXAS6
TEXAS99
TEXAS99
TOLL ROAD
SAM H OU STO N
MU
RPHY RD
MU
RPHY RD
GRAND PKW
Y
GRAND PKW
Y
HARLEM
RDH
ARLEM RD
HA
RLEM RD
HA
RLEM RD
HA
RLEM RD
HA
RLEM RD
W AIRPORT BLVDW AIRPORT BLVD
OB
RIEN RD
OB
RIEN RD
CLODIN
E RDCLOD
INE RD
W BELLFORT STW BELLFORT ST
BISSONNET STBISSONNET ST
FARM TO M
ARKET 1464
FARM TO M
ARKET 1464
GRAND PKW
Y
GRAND PKW
Y
FARM
TO
MA
RKET
146
4FA
RM T
O M
ARK
ET 1
464
GRAN
D PK
WY
GRAN
D PK
WY HOMEWARD WAY
HOMEWARD WAY
NEW TERRITORY BLVDNEW TERRITORY BLVD
HOM
EWARD WAY
HOM
EWARD WAY U
NIVERSITY BLVD
UN
IVERSITY BLVD
UNIVERSITY BLVD
UNIVERSITY BLVD
ELKINS RD
ELKINS RD
ELKINS
RD
ELKINS
RD
COMMONWEALTH BLVDCOMMONWEALTH BLVD
PALMROYALE BLVDPALMROYALE BLVD
SWEETWATER BLVDSWEETWATER BLVD
LEXINGTON BLV
D
LEXINGTON BLV
D
AUSTIN PKW
Y
AUSTIN PKW
YWILLIA
MS
TRAC
E B
LVD
WILLIAM
S TR
ACE
BLV
D
1ST COLO
NY BLVD
1ST COLO
NY BLVD
BROO
KS STB
ROOKS ST
MAIN
STM
AIN ST
BURNEY RD
BURNEY RD
AD
DICKS-HO
WELL RD
AD
DICKS-HO
WELL RD
VOSS RDVOSS RDVOSS RDVOSS RD
OLD
RICH
MON
D R
D
OLD
RICH
MON
D R
D
W AIRPORT BLVDW AIRPORT BLVD
OLD RICHMOND RDOLD RICHMOND RD
W BELLFORT STW BELLFORT ST
BURN
EY RDB
URNEY RD
FLORENCE RDFLORENCE RD
BELKNAP RD
BELKNAP RD
SYN
OTT
RDSY
NOT
T RD
OLD RICHMOND RDOLD RICHMOND RD
ELDRID
EG RD
ELDRID
EG RD
ALSTON RDALSTON RD
W
AIRPORT BLVD
W
AIRPORT BLVD
FARM
TO M
ARKET RD 1876
FARM
TO M
ARKET RD 1876
GILLIN
GH
AM
LNG
ILLING
HA
M LN
GILLIN
GHA
M LN
GILLIN
GHA
M LN
ELDRIDEG
RDELD
RIDEG RD
REED RDREED RD
W BELLFORT AVEW BELLFORT AVE
S DAIRY ASHFORD RD
S DAIRY ASHFORD RD
COOK
RD
COOK
RD
KEEG
AN R
DKE
EGAN
RD
BISSONNET STBISSONNET ST
WILCREST DR
WILCREST DR
W BELLFORT ST
W BELLFORT ST
S DAIRY ASH
FORD
RDS D
AIRY ASHFO
RD RD
S KIRKWO
OD
RDS KIRKW
OO
D RD
BISSONNET STBISSONNET ST
W AIRPORT BLVDW AIRPORT BLVD
STAFF
ORD RD
STAFF
ORD RD
MULA RDMULA RDGREENBRIAR DRGREENBRIAR DR
CASH RDCASH RD CASH RDCASH RD
FARM
TO M
ARKET 1092
FARM
TO M
ARKET 1092
S MAIN ST
S MAIN ST
DULLES B
LVDDU
LLES BLVD
AVENUE E
AVENUE E
LEXINGTON BLVDLEXINGTON BLVD
SETT
LERS
WAY
BLV
DSE
TTLE
RS W
AY B
LVD
AUSTIN PKWYAUSTIN PKWY
COM
MO
NW
EAL TH BLVD
COM
MO
NW
EAL TH BLVD
GLENN LAKES LNGLENN LAKES LN
ROBINSON
RDROBIN
SON RD
FARM TO M
ARKET 1092FARM
TO MARKET 1092
CARTWRIGHT RDCARTWRIGHT RD
MURPH
Y RDM
URPHY RD
I NDEPEN
DENCE BLVD
INDEPEN
DENCE BLVD
FARM TO MARKET RD 3345FARM TO MARKET RD 3345
PACKER LNPACKER LN
5TH ST
5TH ST
STAFFORDSHIRE RD
STAFFORDSHIRE RDMU
RPHY RDM
URPHY RD
N MAIN STN MAIN ST
PIKE RD
PIKE RD
SOUTHWEST FWY
SOUTHWEST FWY
SOUTHWEST FWY
SOUTHWEST FWY
SOUTHWEST FW
Y
SOUTHWEST FW
Y
SAM HOUSTON TOLLWAY
SAM HOUSTON TOLLWAY
SOUT
HWES
T FWY
SOUT
HWES
T FWY
CullinanPark
CullinanPark
RiverbendCountry Club
RiverbendCountry Club
Ron SlockettPark
Ron SlockettPark
Sugar MillPublic ParkSugar Mill
Public Park
Fish LakeFish Lake
PumpkinLakes
PumpkinLakes
White LakeWhite Lake
GannowayLake
GannowayLake
Frost LakeFrost Lake
EldridgeLake
EldridgeLake
Alkire LakeAlkire Lake
HorseshoeLake
HorseshoeLake
HorseshoeLake
HorseshoeLake
Sardar PatelStadium
Sardar PatelStadium
Austin HighSchool FootballField and Track
Austin HighSchool FootballField and Track
Edward MercerStadium
Edward MercerStadium
Fort BendIndependent School
District Baseball Field
Fort BendIndependent School
District Baseball Field
SouthwestIndoor Soccer
SouthwestIndoor Soccer
KempnerHigh School
KempnerHigh School
KempnerHigh School
Baseball Field
KempnerHigh School
Baseball Field
Williams TraceShopping CenterWilliams Trace
Shopping Center
Keegan’sMeadowKeegan’sMeadow
TheFountains
TheFountains
New HopeCemeteryNew HopeCemetery
SweetwaterPlaza
SweetwaterPlaza
HuntingtonVillage
HuntingtonVillage
CottageLake CtCottageLake Ct
Sugar LandSugar Land
SugarLand Rgnl
SugarLand Rgnl
LOCATION OVERVIEW
12
13
HIGHWAY 90
HIGHWAY 90
HOUSTON CBDHOUSTON CBDTEXAS MEDICAL CENTERTEXAS MEDICAL CENTERGREENWAY PLAZAGREENWAY PLAZA
GALLERIAGALLERIA
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
ICONNOBLE
MERRIL LYNCHMAZDA TEAM, INC
AETNAREGUSAETNAREGUS
DRURY INN & SUITESDRURY INN & SUITES
THE FOUNTAINSSHOPPING CENTER
THE FOUNTAINSSHOPPING CENTER
EXTENDED STAYEXTENDED STAY
SPRING HILL SUITESSPRING HILL SUITES
AUDI SUGAR LANDAUDI SUGAR LAND
SCHLUMBERGERSCHLUMBERGER
IH 69 | SOUTHWEST FREEWAY
IH 69 | SOUTHWEST FREEWAY
SAM HOUSTON TOLLWAY (BELTWAY 8)SAM HOUSTON TOLLWAY (BELTWAY 8)
DAIRY ASHFORD RD
DAIRY ASHFORD RD
69
SUGAR CREEK CENTER BLVD
SUGAR CREEK CENTER BLVD
PA R K I N G G A R A G E
ON ES UGA RC R E E K
PA R K L A N E B O U L E V A R D
S OU T H W
E S T FR E E W
AY FE E D E R R
OA D
S U G A R C R E E K C E N T E R B O U L E VA R D
SU
GA
R C
RE
EK
BO
UL E
VA
RD
59
59
S I T E P L A N
PROPERTY OVERVIEW CONTINUED
14
HFF L.P.9 Greenway Plaza
Suite 700Houston, TX 77046
T. 713.852.3500F. 713.852.3490
hfflp.com
CONTACT INFORMATION
FOR FINANCING INQUIRIES
MATTHEW PUTTERMANDirector
MARTIN T. HOGANSenior Director
H. DAN MILLER, CCIM, SIORSenior Managing Director
JOHNNY KIGHTReal Estate Analyst