Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Fewer retail buildings are under construction in The Woodlands area as of early June compared to the second quarter of 2024, but more than twice as many industrial buildings are being built. Occupancy has increased in the industrial sector since mid-2024.
14.3%
10.9%
3.8%
4%
4.7%
4.3%
O ce Retail Under construction in The Woodlands area Industrial
Square feet
Buildings
Q2 2024
As of June 5
Q2 2024
As of June 5
85.7%
89.1%
96.2%
96%
95.3%
95.7%
118,800
15,000
1
1
Q2 2024
As of June 5
As of June 5
Q2 2024
As of June 5
Q2 2024
192,164
57,100
6
3
Rental rates (per square foot)
53,600
197,355
7
15
Featured project
Q2 2022
$24.67
$24.07
$12.59
Industrial
Q2 2023
$24.18
$25.17
$11.96
Q2 2024
$24.26
$22.82
$13.93
As of June 5
$27.01
$21.41
$12.93
Richards Road Business Park 25533 Richards Road, Spring • Leasing company: SVN| J. Beard Real Estate • Square feet: 6,300 • Number of spaces: 1 • Rent: $11.76/square foot triple net • Percent leased: 0%
R I C H
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.
FORESTRY DR.
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THE WOODLANDS EDITION
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