Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Industrial and o ce rental rates have increased since 2022 in The Woodlands area, while retail rental rates are down slightly as of early February.
14%
4.4%
3.7%
4.1%
4.2%
14.8%
O ce
Retail
Industrial
Under construction in The Woodlands area
Square feet
Buildings
Q1 2024
As of Feb. 4
Q1 2024
As of Feb. 4
85.2%
86%
95.6%
96.3%
95.9%
95.8%
190,354
135,000
2
1
Q1 2024
As of Feb. 4
Q1 2024
Q1 2024
As of Feb. 4
As of Feb. 4
354,692
274,900
9
7
Rental rates (per square foot)
98,681
205,245
10
17
Featured project
Q1 2022
$24.82
$23.51
$12.34
O ce
Q1 2023
$24.23
$25.13
$12.19
Q1 2024
$24.17
$24.49
$10.70
As of Feb. 4
$27.72
$22.98
$13.08
2475 Technology Forest Blvd., Building 7 • Leasing company: Warmack Investments • Square feet: 25,000-300,000 • Number of spaces: multiple
LAKESIDE BLVD.
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.
TECHNOLOGY FOREST BLVD.
• Rent: Not available • Percent leased: 0%
N
The Woodlands Art Gallery & Studios Artist workshops • Gift shop • Bookstore Art Consignment and more!
Scan our QR code to follow us on social media and access more info!
51
THE WOODLANDS EDITION
Powered by FlippingBook