WDL-2019-02

COMMERCIAL REAL ESTATE

COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF

Commercial real estate trends for The Woodlands area in January 2019

77384

JANUARY 2019 COMMERCIAL REAL ESTATE DATA As of mid-January, rental rates per square foot for retail and industrial properties in The Woodlands were up from rates in the first quarter of 2018, while office rates have fallen slightly since a midyear peak at $19.52 per square foot in 2018.

1488

45

77382

77385

77381

99 TOLL

Market Data provided by Caldwell Companies 7904 N. SamHouston Parkway, fourth floor Houston, TX 77064 College Station | Houston | The Woodlands

77380

77389

77386

N

OFFICE

INDUSTRIAL

RETAIL

OCCUPANCY VS. VACANCY

OCCUPANCY VS. VACANCY

OCCUPANCY VS. VACANCY

Occupancy rate

Vacancy rate

Occupancy rate

Vacancy rate

Occupancy rate

Vacancy rate

20%

80%

15.9%

84.1%

6.4%

93.6%

9.3%

90.7%

5%

95%

4.7%

95.3%

Q1 2018

As of 1/17/19

Q1 2018

As of 1/17/19

Q1 2018

As of 1/17/19

RENTAL RATES PER SQUARE FOOT

RENTAL RATES PER SQUARE FOOT 24

RENTAL RATES PER SQUARE FOOT 8

21

$6.48 AS OF1/17/19

$18.56 AS OF 1/17/19

$22.29 AS OF 1/17/19

20

23

7

19

22

6

18

21

5

0

0

0

2016

2017

2018

2019

2016

2017

2018

2019

2016

2017

2018

2019

TOTAL SQUARE FEET OF OFFICE SPACE

TOTAL SQUARE FEET OF INDUSTRIAL SPACE

TOTAL SQUARE FEET OF RETAIL SPACE

17,913,966/Q1 2018

31,450,346/Q1 2018

9,648,946/Q1 2018

18,235,104/As of Jan. 17, 2019

32,897,723/As of Jan. 17, 2019

9,648,946/As of Jan. 17, 2019

UNDER CONSTRUCTION

UNDER CONSTRUCTION

UNDER CONSTRUCTION

156,000 square feet

1 building

1,853,403 square feet

13 buildings

297,405 square feet

7 buildings

Although every effort has beenmade to ensure the timeliness and accuracy of this real estate data, Community ImpactNewspaper assumes no liability for errors or omissions.

As market experts, we see the whole picture.

713.690.0000 | CaldwellCos.com OFFICE | INDUSTRIAL |

LAND

RETAI L

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The Woodlands edition • February 2019 CDWCO-559 Community Impact Ads REFRESH_9.1837x2.6875_MECH.indd 3

10/19/18 8:51 AM

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