REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF
77384
OFFICE
1488
45
77382
77385
77381
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
RENTAL RATES PER SQUARE FOOT $28 $27 $26 $25 $24 $23 $0 2018 2019 2020 2021
Occupancy rate
Vacancy rate
181,250 square feet
99 TOLL
77389 77380
16.1%
83.9%
17.6%
82.4%
77386
N
5 buildings
Q2 2021
As of April 27
$24.69ASOFAPRIL 27
THEWOODLANDS APRIL 2022 COMMERCIAL REAL ESTATE DATA As of late April, o ce vacancies in The Woodlands area had increased to 17.6%with 181,250 additional square feet of o ce space under construction. Retail vacancies dropped from 5.2% to 4.7% from the previous year, and industrial vacancies shrank from 6.2% to 4.2% since 2021.
2022
INDUSTRIAL
TOTAL SQUARE FEET OF OFFICE, INDUSTRIAL AND RETAIL SPACE
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
RENTAL RATES PER SQUARE FOOT $14 $13 $12 $11 $10
Occupancy rate
Vacancy rate
Q2 2021
As of April 27
0 square feet
OFFICE
6.2%
93.8%
4.2%
95.8%
$11.79ASOFAPRIL 27
19.64million 19.09million
0 buildings
As of April 27
Q2 2021
$9 $0
INDUSTRIAL
2018 2019 2020 2021
2022
5.02million
5.24million
RETAIL
RETAIL
16.76million 16.53million
MARKET DATA PROVIDED BY CALDWELL COS.
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
RENTAL RATES PER SQUARE FOOT
Occupancy rate
$25 $24 $23 $22 $21 $20 $0
Vacancy rate
113,771 square feet
5.2%
94.8%
4.7%
95.3%
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. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
7 buildings
Q2 2021
As of April 27
$21.20ASOFAPRIL 27
2018 2019 2020 2021
2022
4.61 Acres For Sale 17350 I-45 N | Houston, TX
Prime Commercial, Retail or Industrial Site with Excellent Access
Extremely well located I-45 site Desirable I-45 entrance/exit position Approximately 356 ft of frontage on Interstate 45 feeder road Only 1,500 ft south of FM 1960 Contact broker for pricing
2001 Timberloch Pl, Suite 500 The Woodlands, TX 77380
713.690.0000 | www.caldwellcos.com Contact: Hunter Grimes | Travis Smith
43
THE WOODLANDS EDITION • MAY 2022
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