Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Retail construction was up as of early September compared to the third quarter of 2024, with 17 buildings underway. Rental rates in o ce, retail and industrial sectors have increased since 2024 as of September.
13.3%
12.3%
4.8%
4.4%
4.7%
4.1%
O ce
Retail
Industrial
Under construction in the Woodlands area
Square feet
Buildings
Q3 2024
As of Sept. 5
Q3 2024
As of Sept. 5
86.7%
87.7%
95.2%
95.6%
95.3%
95.9%
118,800
15,000
1
1
Q3 2024
As of Sept. 5
As of Sept. 5
Q3 2024
As of Sept. 5
Q3 2024
146,330
239,025
12
17
Rental rates (per square foot)
146,330
182,255
12
13
Proposed project
Q3 2022
$24.58
$12.10
$12.10
O ce
Q3 2023
$24.14
$12.61
$12.61
Q3 2024
$24.14
$13.33
$13.33
As of Sept. 5
$27.25
$13.46
$13.52
XSpace The Woodlands 9275 Six Pines Drive, The Woodlands • Square feet: 111,000 • Number of spaces: multiple • Rent: N/A • Percent leased: 0%
LAKE FRONT CIR.
SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TEXAS 77433 COLLEGE STATION HOUSTON THE WOODLANDS ALTHOUGH EVERY EFFORT HAS BEEN MADE TO ENSURE THE TIMELINESS AND ACCURACY OF THIS REAL ESTATE DATA, COMMUNITY IMPACT AND CALDWELL COS. ASSUMES NO LIABILITY FOR ERRORS OR OMISSIONS.
N
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