Tomball - Magnolia Edition | May 2022

REAL ESTATE

Commercial real estate trends

COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF

77354

OFFICE

1488

1774

77355

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT $23 $22 $21 $20

UNDER CONSTRUCTION

77362

Occupancy rate

Vacancy rate

$21.28 AS OF MAY 10

17,351 square feet

249

77447

77375

12.7%

87.3%

10.5%

89.5%

77377

99 TOLL

2 buildings

$19 $18 $0

Q2 2021

As of May 10

290

N

2018 2019 2020 2021

2022

MAY 2022 COMMERCIAL REAL ESTATE DATA Vacancy was down year over year as of May 10 for retail, oce and industrial properties in the Tomball and Magnolia area, and more than 14 retail buildings were under construction, among other projects.

INDUSTRIAL

TOTAL SQUARE FEET OF SPACE

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

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

168,073 square feet

Q2 2021

As of May 10, 2022

9.4%

90.6%

7.6%

92.4%

$9.80 AS OF MAY 10

OFFICE

2.15 million 2.06 million

4 buildings

$9 $8 $0

Q2 2021

As of May 10

INDUSTRIAL

2018 2019 2020 2021

2022

5.04 million 4.83 million

RETAIL

RETAIL

8.9 million

9.06 million

RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

$23.38 AS OF MAY 10

253,037 square feet

MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION  HOUSTON THE WOODLANDS

4.4%

95.6%

4.3%

95.7%

*AS OF MAY 10

14 buildings

Q2 2021

As of May 10

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.

2018 2019 2020 2021

2022

Multiple Sites For Sale 249 & Humble Road - Tomball

2.95 - 4.25 Acres Available | Prime For Commercial or Retail

ƒ Located outside the floodplain ƒ Utilities through City of Tomball ƒ Less 3 miles north of the Grand Parkway ƒ Adjacent land also available ƒ Contact Keith Edwards for additional information and pricing

13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 713.690.0000 | CaldwellCos.com

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

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