Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Fewer oce, industrial and retail buildings are under construction in The Woodlands area as of Nov. 2 than were under construction in the fourth quarter of 2022. Oce rental rates have decreased since 2022.
14.9%
3.7%
15.5%
4.6%
6%
5.7%
O ce
Retail
Industrial
Under construction in The Woodlands area
Square feet
Buildings
Q4 2022
As of Nov. 2
Q4 2022
As of Nov. 2
84.5%
85.1%
96.3%
95.4%
94%
94.3%
458,981
558,622
9
8
Q4 2021
Q4 2020
As of Nov. 2
As of Nov. 2
As of Nov. 2
Q4 2022
374,483
406,700
18
10
Rental rates (per square foot)
146,599
0
2
0
Featured project
Q4 2020
$24.85
$22.06
$10.40
O ce
Q4 2021
$24.80
$20.94
$12.54
Q4 2022
$24.46
$21.94
$12.44
As of Nov. 2
$24.15
$23.78
$13.19
Under construction 25420 I-45, Spring • Timeline: January 2024 completion • Square feet: 27,629 sq. ft. • Percent leased: 100%
45
RAYFORD FOREST LN.
SAWDUST RD.
RAYFORD RD.
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
Dog & Cat Boarding • Dog Training & Agility • Dog & Cat Grooming • Doggie Daycare
THE WOODLANDS ART GALLERY AND STUDIOS 208 NURSERY RD. THE WOODLANDS, TX 77380 FEATURING ART BY MICHAEL FRARY AND MEMBERS OF THE WOODLANDS ART LEAGUE ON DISPLAY THROUGH JANUARY 12, 2024 832-668-5340 | www.woodlandsartandstudios.com
Cage Free Dog Boarding
THANKFUL FOR OUR CUSTOMERS
New Customers Only. Not Valid on Hol idays.
BOARDING or GROOMING
RECEPTION DATE & TIME: NOV 16 202 3
12/20/23
OPEN 7 DAYS A WEEK, 365 DAYS A YEAR Mon-Sun 7am-7pm
11105 Mahaffey | Tomball, TX 77375 | 832-884-6122 | WillowCreekPets.com
37
THE WOODLANDS EDITION
Powered by FlippingBook