Texas, L.L.C.
Article 2
Incentive Distribution
Section 7.4(d)(i)
Incentive Distribution Percentage
Section 7.4(d)(i)
incentive management agreement
Section 13.5(a)
Indemnified Party
Section 8.7(a)
Indemnitor
Section 8.7(b)
Inland
Preamble
Inland Entities
Section 8.1(d)
Inland Executive Committee Member
Section 9.3(c)
Inland Executive Committee Members
Section 9.3(c)
Interest
Section 10.2(a)
Initiating Member
Section 10.6(a)
Investment Area
Article 3
Investment Guidelines
Article 3
Investment Period
Section 10.5(a)
IRR
Section 7.4(d)(i)
Leasing Agreement
Section 8.2(d)
Leasing Guidelines
Section 8.3(a)
Liquidating Trustee
Section 12.2
Major Capital Event
Section 7.4(a)
Major Decision
Section 8.2(c)
Management Agreement
Section 8.2(d)
Manager
Preamble
Manager
Section 8.1(a)
Member
Preamble
Member Loan
Section 5.3(d)
Members
Preamble
Metropolitan Statistical Areas
Article 3
Morgan Stanley
Preamble
Net Extraordinary Cash Flow
Section 7.4(a)
Net Ordinary Cash Flow
Section 7.4(a)
Non-Affiliated Member
Section 13.2
Non-Defaulting Member
Section 5.3(a)
Nondiscretionary Items
Section 8.3(e)
NYSTRS
Preamble
NYSTRS
Section 13.4(a)
NYSTRS Executive Committee Member
Section 9.3(c)
NYSTRS Executive Committee Members
Section 9.3(c)
NYSTRS Response Notice
Section 10.9(b)
NYSTRS Special Distribution
Section 10.13
Offer Notice
Section 10.5(a)
Offer Prices
Section 10.9(d)
Offered Interest
Section 10.5(a)
Operating Budget
Section 8.3(a)
Option
Section 10.5(b)
Other Enterprises
Section 8.8(j)
Other Member
Section 10.5(a)
Person
Preamble
Preliminary Member Approval Period
Section 6.1(d)
Prohibited Transferee
Section 10.5(a)
Properties
Article 3
Property
Article 3
Property Agreements
Section 8.2(d)
Property Manager
Section 8.2(d)
Property Value
Section 10.6(a)
Proposed Annual Plan
Section 8.3(a)
Protective Expenditures
Section 5.2(e)
Ratios
Section 8.4(c)
Receipts
Section 7.4(a)
Refinancing
Section 6.3(b)
Refinancing Shortfall
Section 5.2(d)
REIT
Section 6.4
REITs
Section 13.5(a)
REIT Requirements
Section 6.4
Remaining Assets
Section 10.9(b)
Remedy Provisions
Section 5.3(i)
Rent
Section 6.6
Replacement Notice
Section 8.1(c)
Reserves
Section 7.4(a)
Responding Member
Section 10.6(a)
Response Notice
Section 10.5(b)
Response Notice
Section 10.6(b)
Restriction Period
Section 13.4(a)
Section 5.2 Amount
Section 5.2(g)
Secured Lender
Section 7.4(a)
Selling Member
Section 10.5(a)
Selling Properties
Section 10.6(a)
Senior Financing
Section 6.3(a)
Service
Section 8.8
State
First "Whereas" Clause
Stated Price
Section 10.9(a)
Statements
Section 7.1(b)
Stock
Section 10.8
Subsidiary
Article 3
Termination Date
Section 4.5(c)
Third Party Buyer
Section 10.9(b)
TMP
Section 8.8
Transfer
Section 10.2(a)
Transfer Affiliate
Section 10.2(a)
Unreturned Capital
Section 7.4(a)
1
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EXHIBIT 3-A
INVESTMENT AREA
Statistical Areas of Dallas, Austin, San Antonio, Houston, and El Paso, Texas
(See Attached)
EXHIBIT 3-A-1
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[texasinlandnystrsjvoperat001.jpg] [texasinlandnystrsjvoperat001.jpg]
EXHIBIT 3-A-2
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EXHIBIT 3-B
INVESTMENT GUIDELINES
Property Type:
Grocery Anchored Retail Centers
·
Grocer sale levels above $350/SF and health ratios less than 4%
·
New format grocery store sizes
·
In-fill supply-constrained locations
·
Prefer average household incomes above $50,000
Power Centers
·
No less than 60% national retailers
·
Will consider more outlying locations if they are in the path of growth
Lifestyle Centers
·
Store sales average greater than $350/SF
·
Average household incomes greater than $75,000
·
Limited upstairs office in the net rentable area
Subject to availability and agreement of the parties, approximately 75% of the
investments may be acquisitions and 25% may be development/presales/renovations.
Location:
Locations in or around the metropolitan areas of Dallas, Austin, San