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
$21.16 AS OF JUNE 13
2,834 square feet
249
77447
77375
12.7%
87.3% 10% 90%
77377
99 TOLL
1 buildings
$19 $18 $0
Q2 2021
As of June 13
290
N
2018 2019 2020 2021
2022
JUNE 2022 COMMERCIAL REAL ESTATE DATA Rental rates increased from the rst quarter of 2022 for o ce and industrial properties while rates fell during that time for retail properties. Occupancy rates year over year are also up for commercial 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
1,737,353 square feet
Q2 2021
As of June 13, 2022
11%
89% 7.4% 92.6%
$10.22 AS OF JUNE 13
OFFICE
2.15 million 2.06 million
9 buildings
$9 $8 $0
Q2 2021
As of June 13
INDUSTRIAL
2018 2019 2020 2021
2022
4.92 million
5.15 million
RETAIL
RETAIL
8.9 million
9.06 million
RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
$23.23 AS OF JUNE 13
292,854 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
4.4%
95.6% 4.2% 95.8%
*AS OF JUNE 13
16 buildings
Q2 2021
As of June 13
Although every e ort 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
1919 Cherry St 6.13 Acres For Sale - Tomball
Great Industrial Development Site | $1,300,000
2 homes available to convert into office space City of Tomball Water Quick access to 249 & Grand Parkway Unrestricted Located outside the floodplain Contact Keith Edwards for additional details
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6633 | CaldwellCos.com
33
TOMBALL MAGNOLIA EDITION • JUNE 2022
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