COMMERCIAL REAL ESTATE
COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF
Commercial real estate trends for The Woodlands area in August 2019
77384
AUGUST 2019 COMMERCIAL REAL ESTATE DATA
1488
45
77382
77385
77381
Rental rates in late August continued to increase in the retail, office and industrial sectors in The Woodlands area. The office and retail rates in August reached the highest points of the last three years. Vacancies increased slightly in retail and industrial rental rates in The Woodlands area.
99 TOLL
Market Data provided by Caldwell Companies 7904 N. SamHouston Parkway, fourth floor Houston, TX 77064 College Station | Houston | The Woodlands
77380
77389
77386
N
OFFICE
INDUSTRIAL
RETAIL
OCCUPANCY VS. VACANCY
OCCUPANCY VS. VACANCY
OCCUPANCY VS. VACANCY
Occupancy rate
Vacancy rate
Occupancy rate
Vacancy rate
Occupancy rate
Vacancy rate
8.9%
91.1%
8.6%
91.4%
13.6%
86.4%
14.3%
85.7%
3.9%
96.1%
5.3%
94.7%
Q3 2018
As of 8/26/19
Q3 2018
As of 8/26/19
Q3 2018
As of 8/26/19
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
$24 $23.5 $23 $22.5 $22 $21.5 $25 $24.5
$28 $27 $26 $25 $24 $23 $22 $21 $0
$12 $11.5 $11 $10.5 $10 $9.5 $9 $8.5 $0
$23.79 AS OF 8/26/19
$25.65 AS OF 8/26/19
$10.76 AS OF 8/26/19
$0
2017
2018
2019
2017
2018
2019
2016
2017
2018
2019
TOTAL SQUARE FEET OF OFFICE SPACE
TOTAL SQUARE FEET OF INDUSTRIAL SPACE
TOTAL SQUARE FEET OF RETAIL SPACE
16.9million/Q3 2018
4.4million/Q3 2018
14.8million/Q3 2018
17.8million/As of Aug. 26, 2019
4.4million/As of Aug. 26, 2019
15.2million/As of Aug. 26, 2019
UNDER CONSTRUCTION
UNDER CONSTRUCTION
UNDER CONSTRUCTION
314,938 square feet
2 buildings
0 square feet
0 buildings
427,409 square feet
14 buildings
Although every effort has beenmade to ensure the timeliness and accuracy of this real estate data, Community ImpactNewspaper assumes no liability for errors or omissions.
Up to 40 Acres For Sale Spring Plaza Class A Of f ice, Medica l , Hotel , Corporate Campus or Retai l
Located across from Springwoods Village Water and sewer stubbed to site Site cleared, off-site dentention Signalized hard corners Perfect on/off access from I-45
1400 Woodloch Forest Drive, Suite 140 The Woodlands, TX 77380 281.664.6663 | CaldwellCos.com
Contact Travis Smith or Mark Terpstra for Additional Details
73
The Woodlands edition • September 2019
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