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
$28 $27 $26 $25 $24 $23 $0
Vacancy rate
197,581 square feet
77380
99 TOLL
77389
16%
84%
16.7%
83.3%
77386
N
5 buildings
As of Sept. 2
Q3 2021
$24.51 AS OF SEPT. 2
THE WOODLANDS AUGUST 2022 COMMERCIAL REAL ESTATE DATA Despite higher o ce vacancies in The Woodlands area as of Sept. 2 than in the third quarter of 2021, an additional ve o ce buildings were under construction in September. Industrial vacancies remained the same year over year, and retail saw occupancy levels grow compared to the previous year. TOTAL SQUARE FEET OF OFFICE, INDUSTRIAL AND RETAIL SPACE
2019
2020
2021
2022
INDUSTRIAL
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Q3 2021
As of Sept. 2
$14 $13 $12 $11 $10
Occupancy rate
Vacancy rate
0 square feet
$11.75 AS OF SEPT. 2
OFFICE
6.3%
93.7%
6.3%
93.7%
19.2 million
19.72 million
0 buildings
Q3 2021
As of Sept. 2
$9 $0
INDUSTRIAL
5.23 million 5.23 million
2019
2020
2021
2022
RETAIL
16.49 million
RETAIL
16.76 million
MARKET DATA PROVIDED BY CALDWELL COS.
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$25 $24 $23 $22 $21 $20 $0
Vacancy rate
192,447 square feet
9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
5%
95%
4.6%
95.4%
9 buildings
Although every e ort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions.
$21.88 AS OF SEPT. 2
Q3 2021
As of Sept. 2
2019
2020
2021
2022
2.68 Acres For Sale 2527 Old Louetta Loop | Spring, TX 77388
Prime Commercial, Retail or Industrial Site
Unrestricted Located outside the floodplain
390’ of frontage on Louetta Rd - high traffic Dual access via Louetta & Old Louetta Loop Adjacent to HC MUD 104 Only 1.5 miles to I-45
2001 Timberloch Pl, Suite 500 The Woodlands, TX 77380 713.690.0000 | www.caldwellcos.com Contact: Hunter Grimes
57
THE WOODLANDS EDITION • SEPTEMBER 2022
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