Capital Commercial Investments (CCI) is pleased to offer an investment opportunity in The Woodlands, Texas.  Please call to request our asking price for Tetra Centrebuilding located at 25025 Interstate 45 North.  Tetra is a 6-story Class B+ office building, conveniently located in The Woodlands, Texas, with 112,226 net rentable square feet and a 4-story parking garage.  The building is located on 2.590 acres in Montgomery county. 

Tetra Technologies (NYSE:TTI) accounts for 53,588 SF or 47.8% of the total rentable SF with the remaining space having a multi-tenant mix. Current asking rental rates for comparable space in The Woodlands range from $18.75 to $20.28 PSF.   Tetra Technologies is a provider of specialty inorganic chemical products and process technologies to the oil and gas, agricultural, and environmental services markets. The second largest tenant is Chase Texas Bank, the Texas subsidiary of Chase Manhattan, which occupies 13,043 square feet on the ground floor until April of 2007. The bank has two (2) remaining options to extend the duration of their lease, each for five (5) years. 

The Woodlands is a 27,000 acre master-planned community located 27 miles north of downtown Houston on I-45. More than 55,000 people live in The Woodlands and more than 800 companies employ 20,000 people in the community. It has ranked first in new home sales in Houston and Texas since 1990, and was just ranked fourth in the nation in that category. The Woodlands is a project of The Woodlands Operating Company, L.P., a Crescent Operating Inc. and Morgan Stanley Partnership. 

The Woodlands/Conruoe submarket has over 38 office buildings with a total of 2.513 million square feet. As of 2nd Quarter 2003 the overall occupancy is 83.87%. The Woodlands is home to the Houston Advanced Research Center and major global corporations including: Mobil Corporation, Shell Oil Company, Hughes Christensen, Tenneco Business Services, the Chevron Pipe Line Company, and Pitt –Des Moines. 

The Tetra office building represents an excellent investment opportunity for several reasons:

• Buyer will be obtaining a high quality office building of 1984 construction with superior location in the Woodlands submarket.

Please call us immediately if you have any interest or to request a package. 
CONTACT:  Derek George (512) 472-6990 Ext.222 or E-mail: Dgeorge@capitalcommercial.com

SUBMARKET AERIAL VIEW