REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT STAFF
77384
OFFICE
1488
45
77382
77385
77381
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$28
Vacancy rate
310,331 square feet
77380
99 TOLL
77389
$27
16.4%
83.6%
15.7%
84.3%
$24.62 AS OF DEC. 31
$26
77386
N
$25
8 buildings
$24
Q4 2021
As of Dec. 31
$23
DECEMBER 2022 COMMERCIAL REAL ESTATE DATA Industrial leasing in The Woodlands area decreased in late 2022 compared to the previous year with vacancies climbing about 1 percentage point. O ce and retail sectors saw vacancies decrease compared to 2021. TOTAL SQUARE FEET OF OFFICE, INDUSTRIAL AND RETAIL SPACE
$0
2019
2020 2021
2022
INDUSTRIAL
Q4 2021
As of Dec. 31
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$14
Vacancy rate
OFFICE
$12.03 AS OF DEC. 31
124,339 square feet
$13
19.13 million 18.56 million
5%
95%
6.1%
93.9%
$12
$11
1 building
$10
Q4 2021
As of Dec. 31
5.35 million 5.35 million INDUSTRIAL
$9
$0
2019
2020 2021
2022
RETAIL
16.55 million 16.37 million
RETAIL
MARKET DATA PROVIDED BY CALDWELL COS.
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$25 $24
Vacancy rate
291,495 square feet
$22.18 AS OF DEC. 31
5.3% 94.7%
4.2%
95.8%
Although every e ort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact assumes no liability for errors or omissions. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
$23
$22
10 buildings
$21
Q4 2021
As of Dec. 31
$20
$0
2019
2020 2021
2022
60.16 Acres For Sale FM 1375 Just North of Jones Rd | New Waverly
Great Commercial Site
± 1,200 ft of frontage on FM 1375 Unrestricted site ± 2 miles to Interstate 45 ± 2 miles from New Waverly High School $45,000 per acre or $2,707,200 Contact Keith Edwards for details
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6633 | CaldwellCos.com
46
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