The Woodlands Edition | March 2022

REAL ESTATE

Commercial real estate trends

COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF

77384

OFFICE

1488

45

77382

77385

77381

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

$28 $27 $26 $25 $24 $23 $0

128,250 square feet

99 TOLL

77389 77380

16.8%

83.2%

15.8%

84.2%

77386

N

4 buildings

$24.79ASOFMARCH2

Q1 2021

As of March 2

MARCH 2022 COMMERCIAL REAL ESTATE DATA As industrial vacancies continued to decrease in The Woodlands in early March, rental rates per square foot reached a high since 2018 of $12.64 per square foot. No new industrial space is under construction in The Woodlands area.

2018 2019 2020 2021

2022

INDUSTRIAL

TOTAL SQUARE FEET OF OFFICE, INDUSTRIAL AND RETAIL SPACE

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

RENTAL RATES PER SQUARE FOOT $14 $13 $12 $11 $10

Occupancy rate

Vacancy rate

Q1 2021

As of March 2

0 square feet

$12.64ASOFMARCH2

7.8%

92.2%

4.2%

95.8%

OFFICE

18.98million

0 buildings

19.52million

As of March 2

Q1 2021

$9 $0

INDUSTRIAL

2018 2019 2020 2021

2022

4.81 million

5.25million

RETAIL

RETAIL

16.79million 16.41 million

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT

UNDER CONSTRUCTION

MARKET DATA PROVIDED BY CALDWELL COS.

Occupancy rate

$25 $24 $23 $22 $21 $20 $0

Vacancy rate

76,448 square feet

5.6%

94.4%

5.2%

94.8%

Although every eort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION  HOUSTON  THE WOODLANDS

5 buildings

Q1 2021

As of March 2

$21.37ASOFMARCH2

2018 2019 2020 2021

2022

Loop 336 & FM 3083 1.83 Acres For Sale Located at the SW Corner of Loop 336 & FM 3083 in Conroe, TX

ƒ Hard Corner Site ƒ Ideal for C-Store, Fast Food or Retail ƒ City of Conroe Utilities ƒ Excellent Access & Visibility ƒ Surrounded by New Development ƒ High Traffic Counts

2001 Timberloch Pl, Suite 500 The Woodlands, TX 77380 713.690.0000 | www.caldwellcos.com Contact: Travis Smith 281.664.6663

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