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
17,351 square feet
249
77375
$20.49ASOFFEB. 16
77447
13.7%
86.3%
9.5%
90.5%
77377
99 TOLL
2 buildings
$19 $18 $0
Q1 2021
As of Feb. 16
290
N
2018 2019 2020 2021
2022
FEBRUARY 2022 COMMERCIAL REAL ESTATE DATA Commercial vacancy declined year over year from the rst quarter of 2021 to Feb. 16 for o ce, industrial and retail properties throughout the Tomball and Magnolia areas.
INDUSTRIAL
TOTAL SQUARE FEET OF COMMERCIAL SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
840,459 square feet
Q1 2021
As of Feb. 16, 2022
10.6%
89.4%
5.4%
94.6%
$9.71 ASOFFEB. 16
OFFICE
2.03million 2.11 million
10 buildings
$9 $8 $0
Q1 2021
As of Feb. 16
INDUSTRIAL
2018 2019 2020 2021
2022
4.93million 4.79million
RETAIL
RETAIL
8.43million
8.5million
RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
$23.60ASOFFEB. 16
267,457 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
5.2%
94.8%
4.5%
95.5%
10 buildings
Q1 2021
As of Feb. 16
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
25.61 Acres For Sale HWY 249 Near Spring Cypress Rd.
Excellent Commercial, Residential or Industrial Site
Contact Keith Edwards, CCIM, SIOR for Additional Details ± 1,140’ of frontage on SH 249 Over 100,000 vehicles per day along Hwy 249 Zoned to Klein ISD Unrestricted site Great retail location with strong growth area
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 713.690.0000 | CaldwellCos.com
33
TOMBALL MAGNOLIA EDITION • FEBRUARY 2022
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