JLL Capital Markets, as exclusive advisor to Shell USA, Inc. (“Shell”), is pleased to present the offering of the Shell Woodcreek Campus (the Property), located at 150 N Dairy Ashford, a 6-building, corporately owned Class-A+ office campus in the heart of the Energy Corridor. Qualified investors have the opportunity to acquire 1,484,062 rentable square feet on 43.6 acres of land with a structured leaseback to Shell USA, Inc. (S&P A+). The offering presents a rare opportunity to purchase a best-in-class corporately owned and maintained headquarter campus in the heart of Houston’s most active leasing market at a very attractive basis. Shell’s long-term leaseback will be at a fraction of market rent to reduce their occupancy costs, and the short-term leaseback component provides ample runway for an investor to avoid punitive carrying costs during the execution of their business plan. SUMMARY OF THE OFFERING The Shell Woodcreek Campus is the headquarters for Shell USA, Inc. (S&P A+), a wholly owned indirect subsidiary of Shell plc. Upon closing, Shell USA, Inc. will commence a 15-year lease on 100% of Bldg. E, 100% of Bldg. F, and 1 floor of Bldg A (780,161 sf, 53% of NRA). Shell USA, Inc. will also execute a 3-year master lease on the remaining floors of Bldg. A, and 100% of Bldg. B, C, and D. Shell’s 15-year leaseback rate will start at $18.50 net, or approximately 50% of market, and will increase at 3.0% annually. The Tenant’s 3-year leaseback rate will be at a market rate and will also increase at 3.0% annually. Not including expense reimbursement revenue, Shell’s structured lease provides approximately $345.7 million of Net Operating Income with $116.3 million being paid in the first 3 years.