REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT STAFF
99 TOLL
249
OFFICE
77070
290
77429
1960
77064
77433
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT $22
UNDER CONSTRUCTION
77095
Occupancy rate
Vacancy rate
333,362 square feet
529
77040
6
$20
17.9%
82.1%
23.3%
76.7%
N
77065
$15.30 AS OF JUNE 16
$18
JUNE 2023 COMMERCIAL REAL ESTATE DATA Rental rates in the industrial real estate sector were slightly up in June while retail and o ce rates slightly declined when compared with the rst quarter of the year. Year over year, retail vacancy rates have held steady as the o ce and industrial markets are both seeing higher vacancy rates.
4 buildings
Q2 2022
As of June 16
$16
$0
2020 2021
2022
2023
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT $12 $11
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Q2 2022
As of June 16
Occupancy rate
Vacancy rate
OFFICE
1.59M square feet
12.05M
6.5%
93.5%
10.5%
89.5%
$9 $10
12.5M
$7 $8
$11.06 AS OF JUNE 16
12 buildings
INDUSTRIAL
Q2 2022
As of June 16
42.44M
$0
45.23M
2020 2021
2022
2023
RETAIL
22.14M 21.74M
RETAIL
RENTAL RATES PER SQUARE FOOT
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
$26
125,860 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, SUITE 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
$24
4.6%
95.4%
4.5%
95.5%
$22
10 buildings
Q2 2022
As of June 16
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.
$21.69 AS OF JUNE 16
$20
$0
2020 2021
2022
2023
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