REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT STAFF
99 TOLL
249
OFFICE
77070
290
77429
1960
77064
77433
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
77095
Occupancy rate
$20
Vacancy rate
208,374 square feet
529
77040
$19
6
18.3%
81.7%
20.8%
79.2%
N
$19.29ASOFNOV. 25
$18
77065
$17
CY FAIR NOVEMBER 2020 COMMERCIAL REAL ESTATE DATA The vacancy rate among industrial buildings in the Cy-Fair area is up by more than 5% since this time last year as compared to an increase of 2.5% in the o ce sector and an increase of less than 1% in the retail sector.
3 buildings
$16
As of Nov. 25
Q4 2019
$15
$0
2017
2018
2019
2020
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
Q4 2019
As of Nov. 25
OFFICE
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$10
Vacancy rate
10.5M 10.5M
519,008 square feet
$8
9.7%
90.3%
14.9%
85.1%
$6
INDUSTRIAL
$8.22ASOFNOV. 25
$4
4 buildings
35.1M
As of Nov. 25
Q4 2019
$2
39M
$0
2017
2018
2019
2020
RETAIL
19.8M 19.4M
RETAIL
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$25 $24
Vacancy rate
147,250 square feet
5.3%
94.7%
6.1%
93.9%
MARKET DATA PROVIDED BY CALDWELL COMPANIES 7904 N. SAM HOUSTON PARKWAY, FOURTH FLOOR HOUSTON, TX 77064 COLLEGE STATION HOUSTON THE WOODLANDS 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.
$23
$22
$23.64ASOFNOV. 25
7 buildings
$21
As of Nov. 25
Q4 2019
$20
$0
2017
2018
2019
2020
NEW CONSTRUCTION, CLASS A REAR LOAD BUILDING
ELLA LOGISTICS CENTER - BUILDING 2 Pinto Business Park | Beltway 8 & Ella Blvd, Houston, Texas
32’ Clear Height Located in Pinto Park 11 Dock High Doors & 1 Ramp
44,418-s.f. with 2,605-s.f. of Spec Office. Asking: $0.45 + NNN Direct access to Beltway 8
For more information, contact: BILL GINDER CCIM, SIOR 281.664.6641 | BGinder@CaldwellCos.com JOHN GINDER CCIM 281.664.6668 | JGinder@CaldwellCos.com
713-690-0000 | CaldwellCos.com
35
CY FAIR EDITION • DECEMBER 2020
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