Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Retail rental rates are down year over year in The Woodlands area since 2022, while o ce and industrial rental rates have risen. Occupancy in all three sectors is up since the third quarter of 2024.
13.3%
12.4%
4.3%
3.6%
4.7%
4.1%
O ce
Retail
Industrial
Under construction in the Woodlands area
Square feet
Buildings
Q3 2024
As of Aug. 5, 2025
Q3 2024
As of Aug. 5, 2025
86.7%
87.6%
95.7%
96.4%
95.3%
95.9%
118,800
15,000
1
1
As of Aug. 5, 2025
Q3 2024
As of Aug. 5, 2025
Q3 2024
As of Aug. 5, 2025
Q3 2024
36,156
75,900
3
4
Rental rates (per square foot)
146,330
182,255
12
13
Featured project
Q3 2022
$24.58
$24.02
$12.10
Industrial
Q3 2023
$24.14
$25.12
$12.61
Q3 2024
$24.14
$22.91
$13.33
As of Aug. 5, 2025
$27.17
$21.00
$13.52
Oakridge Park Drive Industrial Park 27200 Oakridge Park Drive, Conroe
OAK RIDGE PARK
• Square feet: 20,000 • Number of spaces: 1 • Rent: $11.40/sq. ft. • 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.
ROBINSON RD.
N
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THE WOODLANDS EDITION
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