Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
4.6%
4.2%
3.7%
3%
Less commercial space is under construction as of Aug. 5 in The Woodlands area than in the third quarter of 2023, with only one oce building and eight retail buildings underway. Rental rates are up in retail and industrial sectors since 2021.
14.6%
14.4%
Oce
Retail
Industrial
Under construction in the Woodlands area
Square feet
Buildings
Q3 2023
As of Aug. 5
Q3 2023
As of Aug. 5
85.6%
85.4%
95.4%
95.8%
96.3%
97%
478,003
135,000
7
1
Q3 2023
As of Aug. 5
Q3 2023
Q3 2023
As of Aug. 5
As of Aug. 5
462,485
263,800
14
8
Rental rates (per square foot)
0
0
0
0
Featured project
Q3 2021
$24.87
$23.76
$11
Industrial
Q3 2022
$24.56
$24.03
$12
Q3 2023
$24.14
$26.55
$12.99
As of Aug. 5
$24.25
$24.77
$14.47
Donwick Business Park 16753 Donwick Drive, Conroe • Leasing company: SWN | J. Beard Company • Square feet: 2,850-3,606 • Number of spaces: 2
FAWN TRL.
SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TEXAS 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.
• Rent: $15.60/nnn • Occupancy: 0%
242
N
Dog & Cat Boarding • Dog Training & Agility • Dog & Cat Grooming • Doggie Daycare
THE WOODLANDS ART GALLERY & STUDIOS 208 NURSERY RD. THE WOODLANDS, TX 77380 832-668-5340 | www.woodlandsartandstudios.com Reception September 19, 2024 5PM - 8PM Valet Parking “WEATHER FORECAST” FEATURING ART BY NATALYA TARASOVA
Cage Free Dog Boarding
New Customers Only. Not Valid on Hol idays.
ON DISPLAY THROUGH NOVEMBER 15, 2024
BOARDING or GROOMING
OPEN 7 DAYS A WEEK, 365 DAYS A YEAR Mon-Sun 7am-7pm
9/25/24
11105 Mahaffey | Tomball, TX 77375 | 832-884-6122 | WillowCreekPets.com
41
THE WOODLANDS EDITION
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