REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT STAFF
77354
OFFICE
1774
1488
77355
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT $23 $22 $21 $20
UNDER CONSTRUCTION
77362
Occupancy rate
Vacancy rate
$21.76 AS OF AUG. 18
89,262 square feet
77447
77375
249
8.9%
91.1%
9.6%
90.4%
77377
99 TOLL
16 buildings
$19 $18 $0
Q3 2022
As of Aug. 18
290
N
2019 2020 2021
2022 2023
AUGUST 2023 COMMERCIAL REAL ESTATE DATA Retail and o ce vacancy held steady in August compared to the third quarter of 2022 while industrial vacancy dropped 12 percentage points in that time.
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
704,811 square feet
$10.89 AS OF AUG. 18
Q3 2022
As of Aug. 18, 2023
4.4%
95.6%
16.4%
83.6%
OFFICE
2.12 million 2.3 million
7 buildings
$9 $8 $0
Q3 2022
As of Aug. 18
INDUSTRIAL
2019 2020 2021
2022 2023
5.09 million
7.28 million
RETAIL
RETAIL
8.95 million
9.31 million
RENTAL RATES PER SQUARE FOOT $26 $25 $24 $23 $22 $21 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
176,691 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
3.5%
96.5%
3.6%
96.4%
$22.82 AS OF AUG. 18
17 buildings
Q3 2022
As of Aug. 18
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.
2019 2020 2021
2022 2023
Multiple Sites For Sale 249 & Humble Road - Tomball
2.95 - 4.55 Acres Available | Prime For Commercial or Retail
Located outside the floodplain Utilities through City of Tomball Less 3 miles north of the Grand Parkway Adjacent land also available 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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