Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
4.4%
4.7%
More industrial space is under construction in November 2024 than in late 2023, but occupancy is down in that sector.
13.9%
10.6%
23.6%
14.2%
O ce
Retail
Industrial
Under construction in The Woodlands area
Square feet
Buildings
Q4 2023
As of Nov. 4
Q4 2023
As of Nov. 4
85.8%
86.1%
95.6%
95.3%
89.4%
76.4%
68,775
0
2
0
Q4 2023
Q4 2023
Q4 2023
As of Nov. 4
As of Nov. 4
As of Nov. 4
363,500
304,700
9
9
Rental rates (per square foot)
20,957
190,145
3
15
Featured project
Q4 2021
$24.80
$23.32
$11.36
Retail
Q4 2022
$24.46
$24.55
$11.80
Q4 2023
$24.11
$26.51
$12.16
As of Nov. 4
$27.43
$23.86
$13.60
Grand Imperial Marketplace 28700 Imperial Promenade Drive, Spring • Leasing company: Fidelis Realty Partners
99 TOLL
IMPERIAL PROMENADE DR.
BIRNHAM WOODS DR.
• Square feet: 211,556 • Number of spaces: 12 • Rent: N/A • Percent leased: 0%
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
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12/15/24
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35
THE WOODLANDS EDITION
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