The Woodlands Edition | November 2024

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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Cage Free Dog Boarding

New Customers Only. Not Valid on Hol idays.

BOARDING or GROOMING

OPEN 7 DAYS A WEEK, 365 DAYS A YEAR Mon-Sun 7am-7pm

12/15/24

11105 Mahaffey | Tomball, TX 77375 | 832-884-6122 | WillowCreekPets.com

35

THE WOODLANDS EDITION

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