REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT 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
$21.68 AS OF MAY 17
55,008 square feet
249
77447
77375
9.7%
90.3%
9.8%
90.2%
77377
99 TOLL
11 buildings
$19 $18 $0
Q2 2022
As of May 17
290
N
2019 2020 2021
2022 2023
MAY 2023 COMMERCIAL REAL ESTATE DATA Occupancy is down slightly for industrial properties in Tomball and Magnolia year over year as of May 17. Occupancy in retail and o ce properties remained about at year over year from the second quarter of 2022.
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
2,921,507 square feet
$11.48 AS OF MAY 17
Q2 2022
As of May 17
6.9%
93.1%
8.1%
91.9%
OFFICE
2.11 million 2.29 million
19 buildings
$9 $8 $0
Q2 2022
As of May 17
INDUSTRIAL
2019 2020 2021
2022 2023
5.01 million
5.29 million
RETAIL
RETAIL
8.89 million
9.21 million
RENTAL RATES PER SQUARE FOOT $26 $25 $24 $23 $22 $21 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
274,352 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
$24.11 AS OF MAY 17
4%
96%
3.8%
96.2%
23 buildings
Q2 2022
As of May 17
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
From pad sites to acreage tracts, Caldwell covers a lot of ground. Thinking of selling? Contact our team for a free market evaluation of your land.
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 | 713.690.0000 | CaldwellCos.com
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