LEGACY REAL ESTATE

Amreit Roadshow Video

This video was used as an introduction of the company during its listing on the New York Stock Exchange. AmREIT was sold to a Blackstone led partnership in 2015, generating what we believe to be one of the highest returns for REIT shareholders from listing to sale.

Creating Value on Irreplaceable Corners

AmREIT’s Irreplaceable Corner™ properties were located in the most affluent and densely populated submarkets within five of the fastest growing metropolitan areas in the country: Houston, Dallas, Austin, San Antonio, and Atlanta.

AmREIT’s strong local relationships - combined with its reputation for performance - allowed the company to acquire more than 60% of its portfolio through off-market transactions.

Uptown Park

POST OAK

CREATING VALUE ON IRREPLACEABLE CORNERS™

POST OAK

• Project acquired in off-market transaction in June 2004 for $6.4 million
• Sold to high-rise multi-family developer in 4Q15 for land value
• $21.3 million sales price
• $317/s.f. to land was the highest non-CBD price in Houston’s history

Sold project to local developer who is in the process of building The Aspire

Uptown Park

UPTOWN PARK

CREATING VALUE ON IRREPLACEABLE CORNERS™

UPTOWN PARK

• Acquired in 2005 for $69 million Increased NOI by $800,000 within 3 years
• Master-planned to integrate office and residential with neighboring mixed use environment
• Allocated value at sale in Feb. 2015: $151.9 million

Uptown Park

UPTOWN PLAZA

CREATING VALUE ON IRREPLACEABLE CORNERS™

UPTOWN PLAZA

• Acquired in off-market transaction in March 2006 for $24 million
• Sold to Edens in 1Q15 for $31.9 million
• Land values in the area went to $300/s.f.
• Additional earnings included a realized $6 million loan buyback discount, $3 million land flip profit and approximately $2 million in seller financing interest and fees on the adjacent high-rise pad ($11 million additional profits)

“The AmREIT relationship has been an excellent partnership. The team has in-depth local market knowledge due to their breadth of knowledge of assets in the Texas region. AmREIT takes a proactive approach to management. They have been successful in identifying creative leasing solutions and in repositioning retail to add value to the underlying real estate.”
-Adria Savarese - Vice President, J.P. Morgan Asset Management

Uptown Park

PRESTON ROYAL VILLAGE

CREATING VALUE ON IRREPLACEABLE CORNERS™

PRESTON ROYAL VILLAGE

• Acquired in an off-market transaction for fee-simple on the NWC and leasehold interest on the NEC in December 2012 for approximately $66 million
• Acquired the fee-simple interest in an off-market transaction on the NEC in July 2013 for $15 million (for total of $81 million investment)
• Master-planned both corners. Redevelopment commenced 2016
• Allocated at sale in Feb. 2015: $99.6 million

Uptown Park

WOODLAKE SQUARE

CREATING VALUE ON IRREPLACEABLE CORNERS™

WOODLAKE SQUARE

• Acquired in 2005 for $69 million
• Increased NOI by $800,000 within 3 years
• Master-planned to integrate office and residential with neighboring mixed use environment
• Allocated value at sale in Feb. 2015: $151.9 million

Before & Conceptual

Uptown Park

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A Trusted Partner

“AmREIT delivered on the redevelopment, leasing, and management of our shopping center, turning an under-leased asset into the first-class, core asset it is today. Our joint venture with AmREIT was a very positive experience and we look forward to future opportunities to work together.”
-John Miller - Director, AEW Capital Management