8830 Six Pines Drive - Research at Six Pines Medical Plaza, The Woodlands, TX

Single-story, 25,000 SF medical / professional office and retail center along Research Forest Drive. We plan to break ground on this project in Q2, 2012 with first tenant occupancies 7-9 months later. The asking rent for this building is $25.00 per RSF NNN for a 5-year term and $24.50 per RSF NNN for a 10-year term. These rents would bump 2.5% per year. We are projecting common NNN charges of $6.00 per RSF for the first year - tenants will be responsible for their own utility and janitorial services. We are also offering a $25 per USF Tenant Improvement allowance for a 5-year lease and a $30 per USF Tenant Improvement allowance for a 10-year lease.