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
$21.77 AS OF APRIL 19
55,008 square feet
249
77447
77375
9.7%
90.3%
10%
90%
77377
99 TOLL
11 buildings
$19 $18 $0
Q2 2022
As of April 19
290
N
2019 2020 2021
2022 2023
APRIL 2023 COMMERCIAL REAL ESTATE DATA More than 3.5 million square feet of industrial space was under construction in April across Tomball and Magnolia, more than half the total of the existing square footage of industrial space locally.
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
3,574,843 square feet
$11.39 AS OF APRIL 19
Q2 2022
As of April 19
6.9%
93.1%
5.8%
94.2%
OFFICE
2.11 million 2.27 million
24 buildings
$9 $8 $0
Q2 2022
As of April 19
INDUSTRIAL
2019 2020 2021
2022 2023
5.04 million
5.18 million
RETAIL
RETAIL
8.86 million
9.16 million
RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
$23.63 AS OF APRIL 19
265,915 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
3.9%
96.1%
3.8%
96.2%
*AS OF APRIL 19
22 buildings
Q2 2022
As of April 19
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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