Lakeland Village Center

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±16,950 Homes Bridgeland HS & Multi-Educational Campus (±5,912 students) SUBJECT Cypress Ranch HS (±2,716 students) Warner Elem. (±1,166 students) Smith Middle School (±1,051 students) Property Features 20-acre village center with 84,000 RSF of mixed-use development and a ±1.96-acre pad site Location Features Close access to major thoroughfares Grand Parkway and Highway 290 Restaurants, retail, professional and medical offices Anchored by CVS/pharmacy; other retailers include 9Round Fitness, Active Life Dentistry, Athletistry Performing Arts Center, Best Brains, Bridgeland Fine Wines, Bridgeland HOA, Chilosos Taco House, Cobb Specialty Cleaners, Cucinova Pizza, Cypress Endodontics, Edelweiss Stube, Envoy Mortgage, Exquisite Premier Salon and Spa, Eye Trends, F45 Fitness, Great Clips, L3 Craft Coffee, Le Macaron, Marble Slab Creamery, Nails of America, Pinot s Palette, Re/Max Professional Group, Select Physical Therapy Bay depth is ±56 feet for A and B Buildings Pedestrian access from Lakeland Heights neighborhood, Cypress Ranch HS (±2,716 students), Smith Middle School (±1,051 students) and Warner Elementary (±1,166 students) Cypress Ranch High School is directly across the street from Lakeland Village Center Bridgeland High School, an education village with nearly 1 million square-feet of learning space for ±5,912 students, will open in the fall of 2017 Bridgeland is the leading master planned community in northwest Houston with 11,4000 acres, approximately 8,500 current residents and 65,000 residents upon completion

Area Demographics POPULATION 1-Mile 3-Mile 5-Mile 2016 7,451 37,648 170,559 2021 Projected 8,571 45,407 206,338 NUMBER OF HOUSEHOLDS 2016 2,025 12,542 53,248 2021 Projected 2,313 15,162 64,589 MEDIAN AGE 2016 33.1 32.5 32.2 2021 Projected 34.1 33.5 33 Bridgeland Cypress-Fairbanks ISD Campus MEDIAN HH INCOME 2016 $101,551 $111,632 $113,643 2021 Projected $115,888 $125,598 $126,372 MEAN HH INCOME 2016 $83,855 $93,419 $92,140 2021 Projected $96,737 $104,253 $102,146 % INCOME OVER $75K 2016 55.2% 61.7% 61.1% 2021 Projected 62.9% 68.8% 67.6% % INCOME OVER $K 2016 40.9% 45.9% 45.1% Bridgeland Kayaker 2021 Projected 48.1% 52.9% 51.5% Source: Alteryx The Woodlands Grand Pkwy. 45 99 59 1960 362 529 Katy Katy-Hockley Rd. Grand Pkwy. Fry Rd. 290 8 610 8 10 10 6 Houston Bridgeland Bridge N 99 59 610 8 45

Total 83,631 RSF & ±1.96-Acre Pad Site 200 300 200 200 200 250 300 200 400 250 300 400 125 150 200 600 500 300 400 150 200 Building Suite Tenant SF A1 CVS 15,550 A2 Great Clips 1,211 125 Bridgeland Fine Wines 1,831 150 Marble Slab Creamery 1,127 200 Nails of America 3,567 A3 Restaurant 4,686 A4 Pinot s Palette 2,338 200 Athletistry Performing Arts Center 2,629 250 Spa & Wellness Center 1,988 300 Med Spa 1,433 400 9Round Fitness 1,362 B1 Pizza Cucinova 2,705 150 L3 Craft Coffee 1,352 200 Chilosos Taco House 1,313 300 Cobb Specialty Cleaners 1,196 400 Active Life Dentistry 2,951 500 Eye Trends 1,801 600 Edelweiss Stube 2,010 B2 Le Macaron 1,199 200 Available Space 2,396 250 Available Space 1,373 300 Exquisite Premier Salon and Spa 1,988 400 F45 Fitness 2,805 C1 Available Space 1,544 200 Investment Banking 2,985 C2 Re/Max 4,529 C3 Select Physical Therapy 1,979 200 Bridgeland HOA 2,550 C4 Available Space 4,529 C5 Cypress Endodontics 1,651 200 Available Space 1,623 300 Best Brains 1,255 Executed Lease In Negotiations Space Available

ABOUT BRIDGELAND 16919 North Bridgeland Lake Parkway Cypress, TX 77433 TheWoodlands-Commercial.com LOCATION Bridgeland, a 11,400-acre master planned community, is located approximately 30 miles northwest of downtown Houston. FACTS Approximately 8,500 people now live in Bridgeland, with an estimated 65,000 residents upon completion. Bridgeland is comprised of four villages, and approximately 20,000 homes are projected. Amenities of open space of trails of lakes of parks Green space within MILE from every home Cypress Creek Nature Trail currently two-and-a-half miles, will stretch for six miles upon completion House Hahl Trail with fitness stations and areas of reforestation Cypress Lake Kayaking, paddle boating and catch-and-release fishing Festival Park for community events, concerts and other activities LAKELAND ACTIVITY CENTER SWIMMING COMPLEX with a junior Olympic-size pool, diving well with two platforms, spray park and two 30-ft tower slides TENNIS COURTS PICNIC TABLES PLAYGROUND PARK 6000 SQ FT ACTIVITY CENTER with full-time Activities Director LAKELAND VILLAGE PARK 20-ACRE PARK located in Hidden Creek with a plethora of unique features heated lap pool (open year-round) spray park playgrounds tennis courts basketball court walking trails playfields skate park fenced dog park fishing pier canoe/kayak launch (with boats available for use) Highly-Rated Cy-Fair ISD Schools Pope Elementary, Smith Middle School, Cy-Ranch High School Coming Soon: CFISD Educational Village Multi-School Campus 127-acres, 1 million sq ft of learning space, elementary through high school; high school to open in the fall of 2017 10/2017 Plans and renderings are artist s concepts and are subject to change. All information provided regarding this property is from sources deemed to be reliable; however, no warranty of representation is made to the accuracy thereof. The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawai i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC with major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas and Honolulu.