Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
3.9%
4.6%
5.9%
6.9%
Vacancies in the retail and industrial sectors in The Woodlands area were higher as of Sept. 5 compared to the third quarter of the previous year, but oce space saw an increase in occupancy.
14.4%
15.6%
O ce
Retail
Industrial
Under construction in The Woodlands area
Square feet
Buildings
Q3 2022
As of 09/05/2023
Q3 2022
As of 09/05/2023
84.4%
85.6%
96.1%
95.4%
94.1%
93.1%
467,638
442,334
7
7
Q3 2022
As of 09/05/2023
Q3 2022
Q3 2022
As of 09/05/2023
As of 09/05/2023
434,198
466,695
23
14
Rental rates (per square foot)
124,339
0
1
0
Featured project
Q3 2020
$24.95
$22.16
$10.10
O ce
Q3 2021
$24.91
$21.34
$10.75
Q3 2022
$24.62
$21.53
$11.68
As of 09/05/2023
$24.22
$24.05
$11.66
Multiuse space 8800 Technology Forest Plaza, Building 300, The Woodlands • Timeline: October2023 completion • Square feet: 70,734 sq. ft. • Percent leased: 0%
NEW TRAILS DR.
SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS, SUITE 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS ALTHOUGH EVERY EFFORT HAS BEEN MADE TO ENSURE THE TIMELINESS AND ACCURACY OF THIS REAL ESTATE DATA, COMMUNITY IMPACT AND CALDWELL COS. ASSUMES NO LIABILITY FOR ERRORS OR OMISSIONS.
TECHNOLOGY FOREST PL.
N
FOR SALE FM 1375 New Waverly, TX 77358
60.16 Acres Available - $45,000 Per Acre | Prime For Commercial Development ± 1,200 feet of frontage on FM 1375 Unrestricted site ± 2 miles to Interstate 45
Less than 1 mile to State Highway 75 ± 2 miles from New Waverly High School Contact Keith Edwards, CCIM, SIOR for details
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6633 | CaldwellCos.com
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THE WOODLANDS EDITION
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