Cy-Fair Edition | November 2020

REAL ESTATE

Commercial real estate trends

COMPILED BY COMMUNITY IMPACT NEWSPAPER 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

$19.29ASOFOCT. 21

6

$15

18.3%

81.7%

20.8%

79.2%

N

77065

$10

OCTOBER 2020 COMMERCIAL REAL ESTATE DATA Vacancy rates in the Cy-Fair area in both the oce and industrial sectors continued to rise in October. Three new oce buildings are under construction in Cy-Fair, but construction has been completed on all active industrial projects.

3 buildings

Q4 2019

As of Oct. 21

$5

$0

2017

2018

2019

2020

INDUSTRIAL

TOTAL SQUARE FEET OF SPACE

Q4 2019

As of Oct. 21

OFFICE

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT

UNDER CONSTRUCTION

Occupancy rate

$10

Vacancy rate

10.5M 10.5M

0 square feet

$8

9.9%

90.1%

15%

85%

$8.75ASOFOCT. 21

$6

INDUSTRIAL

$4

0 buildings

34.5M

Q4 2019

As of Oct. 21

$2

38.8M

$0

2017

2018

2019

2020

RETAIL

19.8M 19.4M

RETAIL

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT

UNDER CONSTRUCTION

Occupancy rate

$25

Vacancy rate

171,850 square feet

$20

$23.71 ASOFOCT. 21

5.3%

94.7%

6.3%

93.7%

MARKET DATA PROVIDED BY CALDWELL COS. 7904 N. SAM HOUSTON PARKWAY, FOURTH FLOOR HOUSTON, TX 77064 COLLEGE STATION  HOUSTON  THE WOODLANDS Although every eort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions.

$15

$10

9 buildings

Q4 2019

As of Oct. 21

$5

$0

2017

2018

2019

2020

A gr e at loc at i on for shor e !

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Leasing information: Mary Caldwell | MCaldwell@CaldwellCos.com | 281.664.6636

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32

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