REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT STAFF
77354
OFFICE
1774
1488
77355
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT $23 $22 $21 $20
UNDER CONSTRUCTION
77362
Occupancy rate
Vacancy rate
48,874 square feet
$21.13 AS OF JULY 17
77447
77375
249
9%
91%
10.2%
89.8%
77377
99 TOLL
10 buildings
$19 $18 $0
Q3 2022
As of July 17
290
N
2019 2020 2021
2022 2023
JULY 2023 COMMERCIAL REAL ESTATE DATA Twenty-one retail buildings are under construction across the Tomball and Magnolia market as of mid-July while occupancy among retail properties remains steady year over year.
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
751,951 square feet
$11.06 AS OF JULY 17
Q3 2022
As of July 17
4.5%
95.5%
16.3%
83.7%
OFFICE
2.1M
10 buildings
$9 $8 $0
Q3 2022
As of July 17
2.29M
INDUSTRIAL
2019 2020 2021
2022 2023
5.06M
7.23M
RETAIL
RETAIL
8.94M
9.28M
RENTAL RATES PER SQUARE FOOT $26 $25 $24 $23 $22 $21 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
234,701 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
3.5%
96.5%
3.6%
96.4%
$22.86 AS OF JULY 17
21 buildings
Q3 2022
As of July 17
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.
2019 2020 2021
2022 2023
From pad sites to acreage tracts, Caldwell covers a lot of ground. Thinking of selling? Contact our team for a free market evaluation of your land.
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 | 713.690.0000 | CaldwellCos.com
25
TOMBALL MAGNOLIA EDITION • AUGUST 2023
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