CCI - Greater Houston Submarkets

HOUSTON SUBMARKETS

Using the Map:
The following Greater Houston Office Market map provides detailed information about Houston's submarkets. Click on the various

numbers on the map to learn more about the individual properties we own within these submarkets.

Houston Area Submarkets

NUMBER

PROPERTY

Market Conditions
2nd Quarter 2003

-25-

Tetra - Chase Texas Bank Centre

Class B+
25025 Interstate 45 North
The Woodlands, TX 77380
112,226 SF

The Woodlands/Conroe Submarket
Net Rentable Area SF	2,507,696 SF
Vacancy Rate	15.18%
Vacant SF	380,551 SF
Average Asking Lease Rate	$19.57

-14-

Pitkin

Class B
24900 Pitkin
Houston, TX 77386
59,856 SF

-12-

Plaza at Commerce Park North

Class B
222 Penn Bright Drive
Houston, TX 77090
97,300 SF

North Belt/Greenspoint Submarket
Net Rentable Area SF	10,811,367 SF
Vacancy Rate	17.16%
Vacant SF	1,855,699 SF
Average Asking Lease Rate	$16.97

-11-

Commerce Park North

Class B
15425 IH-45 North
Houston, TX 77090
66,809 SF

-13-

4610 F.M. 1960

Class B Retail
4610 F.M. 1960 West
Houston, TX 77069
32,371 SF

-27-

Boeing Building

Class A
16055 Space Center Blvd
Houston, TX 77058
147,765 SF

Clear Lake Submarket
Net Rentable Area SF	4,247,501 SF
Vacancy Rate	16.15%
Vacant SF	685,825 SF
Average Asking Lease Rate	$15.94

-4-

Regents Park II & III

Class B
1335 Regents Park
Houston, TX 77058
41,214 SF

Clear Lake Submarket
Net Rentable Area SF	4,247,501 SF
Vacancy Rate	16.15%
Vacant SF	685,825 SF
Average Asking Lease Rate	$15.94

-10-

Oceaneering

Class B
16665 Space Center Blvd
Houston, TX 77058
63,458 SF

-16-

711 Bay Area

Class B
711 Bay Area Blvd
Clear Lake, TX 77058
102,838 SF

-18-

Nasa Road One

Class B-
1350 Nasa Road
Clear Lake, TX 77058
23,220 SF

-2-

Lakecreek

Class B
13740 Research Blvd
Austin,TX 78750
25,607 SF

North Loop / Northwest Submarket
Net Rentable Area SF	8,564,081 SF
Vacancy Rate	17.04%
Vacant SF	1,459,469 SF
Average Asking Lease Rate	$15.87

-29-

Shepherd Mountain

Class B+
6101 W. Courtyard Dr
Austin, TX 78730
5,500 SF

-19-

Bammel 8 Green Business Park

Light Industrial
1240 Bluffpoint Drive
Houston, TX 77086
288,500 SF

INDUSTRIAL MARKET REPORTS
4th Quarter 2001 Houston Industrial Market Source: CB Richard Ellis Research
2nd Quarter 2003 Houston, Texas Industrial Market Source: CB Richard Ellis Research
2nd Quarter 2003 Overall U.S. Industrial Market Source: CB Richard Ellis Research
4th Quarter 2001 Overall U.S. Industrial Market Source: CB Richard Ellis Research