24 Waterway Avenue - 24 Waterway, The Woodlands, TX

Expenses are estimated to be $9.50 in 2008 and $11.50 thereafter.

Due to its quality, location, and tenancy, 24 Waterway is widely held to
be one of the top Class A office buildings in the greater Houston area
and the most recent multi-tenant office building in Houston's strongest
submarket, The Woodlands. The Building's superior location within
The Woodlands Town Center, impressive design, and building finishes
have allowed 24 Waterway to lead The Woodlands office submarket
in terms of rental rate and quality of tenancy. The Offering includes
the office component in 24 Waterway and parking rights in both
the attached and adjacent garages, but does not include the ground
floor retail.

The Property is located at the center of Waterway Square, adjacent to The Woodlands Waterway Marriott Hotel & Convention Center, a new urban park, a planned residential condominium tower, multiple restaurants and shops, as well as additional office space. It is located at the southeast corner of Lake Robbins Drive and Waterway Avenue, two of The Woodlands' most prestigious addresses.