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