Tomball - Magnolia Edition | September 2022

REAL ESTATE

Commercial real estate trends

COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF

77354

OFFICE

1488

1774

77355

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT $23 $22 $21 $20

UNDER CONSTRUCTION

77362

Occupancy rate

Vacancy rate

$21.72 AS OF SEPT. 16

40,163 square feet

249

77447

77375

10.3%

89.7%

10.3%

89.7%

77377

99 TOLL

3 buildings

$19 $18 $0

Q3 2021

As of Sept. 16

290

N

2018 2019 2020 2021

2022

SEPTEMBER 2022 COMMERCIAL REAL ESTATE DATA The amount of retail space exceeded 9 million square feet as of Sept. 16 in Tomball and Magnolia. At the same time, occupancy rates rose year over year for industrial and retail properties.

INDUSTRIAL

TOTAL SQUARE FEET OF SPACE

RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

2.59M square feet

$11.01 AS OF SEPT. 16

Q3 2021

As of Sept. 16

7.9%

92.1%

7%

93%

OFFICE

2.08 million 2.18 million

19 buildings

$9 $8 $0

Q3 2021

As of Sept. 16

INDUSTRIAL

2018 2019 2020 2021

2022

4.97 million

5.18 million

RETAIL

RETAIL

8.78 million

9 million

RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

$23.02 AS OF SEPT. 16

245,133 square feet

MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION  HOUSTON THE WOODLANDS

4.6%

95.4%

3.7%

96.3%

*AS OF SEPT. 16

14 buildings

Q3 2021

As of Sept. 16

Although every eort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions.

2018 2019 2020 2021

2022

FOR SALE FM 1774 at Cox Rd. Plantersville, TX 77363

19.89 Acres Available | Prime For Commercial Development

ƒ 915’ of frontage along FM 1774 ƒ Located outside the floodplain ƒ Hard corner of FM 1774 and Cox Ln ƒ South of new intersection at FM 1774 and 249 ƒ 5,488 VPD south of site (FM 1774) ƒ Contact Keith Edwards, CCIM, SIOR for details

13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6633 | CaldwellCos.com

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TOMBALL  MAGNOLIA EDITION • SEPTEMBER 2022

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