COMMERCIAL REAL ESTATE
Commercial real estate trends for The Woodlands area in November 2019 COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF
77384
1488
45
NOVEMBER 2019 COMMERCIAL REAL ESTATE DATA
77382
77385
77381
Office and industrial rental rates in The Woodlands-area market continued their yearlong climb in November, with all of the area’s commercial listings— including retail—higher than they were at the beginning of the year. Occupancy rates also grew in the fourth quarter in the office and industrial sectors.
99 TOLL
77380
77389
Market Data provided by Caldwell Companies 7904 N. SamHouston Parkway, fourth floor Houston, TX 77064 College Station | Houston | The Woodlands
77386
N
OFFICE
INDUSTRIAL
RETAIL
OCCUPANCY VS. VACANCY
OCCUPANCY VS. VACANCY
OCCUPANCY VS. VACANCY
Occupancy rate
Vacancy rate
Occupancy rate
Vacancy rate
Occupancy rate
Vacancy rate
9.9%
90.1%
9.6%
90.4%
12.6%
87.4%
12%
88%
4.7%
95.3%
4.9%
95.1%
Q4 2018
As of 11/25/19
Q4 2018
As of 11/25/19
Q4 2018
As of 11/25/19
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
$27 $26.5 $26 $25.5 $25 $24.5 $24 $23.5 $0
$12.5 $12 $11.5 $11 $10.5 $10 $9.5
$24.5 $24 $23.5 $23 $22.5 $22 $21.5 $21 $0
$23.26 AS OF 11/25/19
$25.59ASOF 11/25/19
$10.75 AS OF 11/25/19
$9 $0
2017
2018
2019
2017
2018
2019
2017
2018
2019
TOTAL SQUARE FEET OF OFFICE SPACE
TOTAL SQUARE FEET OF INDUSTRIAL SPACE
TOTAL SQUARE FEET OF RETAIL SPACE
18million/Q4 2018
4.5million/Q4 2018
15.1million/Q4 2018
18.2million/As of Nov. 25, 2019
4.5million/As of Nov. 25, 2019
15.4million/As of Nov. 25, 2019
UNDER CONSTRUCTION
UNDER CONSTRUCTION
UNDER CONSTRUCTION
337,938 square feet
3 buildings
0 square feet
0 buildings
310,315 square feet
14 buildings
Although every effort has beenmade to ensure the timeliness and accuracy of this real estate data, Community ImpactNewspaper assumes no liability for errors or omissions.
± 6.17 Acres Available 33222 Coe Ln | Magnolia, TX
Land For Sale | Multi-Family, Office, Warehouse or Commercial
Utilities available Drainage easement in place
Contact Travis Smith for Additional Details Located outside of the flood plain Just off of FM 1488 near FM 2978 High growth area - The Woodlands
1400 Woodloch Forest, Suite 140 The Woodlands, TX 77380 281.664.6663 | CaldwellCos.com
65
The Woodlands edition • December 2019
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