REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF
99 TOLL
249
OFFICE
77070
290
77429
1960
77064
77433
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
77095
Occupancy rate
$22
Vacancy rate
265,095 square feet
529
77040
6
$17.02ASOFAPRIL 19
$20
20.3%
79.7%
19.8%
80.2%
N
77065
$18
APRIL 2022 COMMERCIAL REAL ESTATE DATA Cy-Fair’s industrial market continues to boomwith nearly 1.5 million square feet under construction across 11 buildings as of mid-April. The vacancy rate for the industrial sector dropped from 14.4% to 7% in the past year, while retail vacancies remain about the same at just over 5%. The o ce sector is fairly stagnant as well with about 20% vacancy locally.
4 buildings
Q2 2021
As of April 19
$16
$0
2019
2020 2021
2022
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
RENTAL RATES PER SQUARE FOOT
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Q2 2021
As of April 19
Occupancy rate
$11 $10
Vacancy rate
1.49M square feet
OFFICE
14.4%
85.6%
7%
93%
$8 $9 $6 $7
10.98M
$10.30ASOFAPRIL 19
11.16M
11 buildings
Q2 2021
As of April 19
INDUSTRIAL
$0
40.75M
2019
2020 2021
2022
42.53M
RETAIL
21M
RETAIL
21.24M
RENTAL RATES PER SQUARE FOOT
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
$28
Vacancy rate
189,450 square feet
$26
5.8%
94.2%
5.3%
94.7%
MARKET DATA PROVIDED BY CALDWELL COS. 7904 N. SAM HOUSTON PARKWAY, FOURTH FLOOR HOUSTON, TX 77064 COLLEGE STATION HOUSTON THE WOODLANDS Although every e ort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions.
$24
$22
14 buildings
Q2 2021
As of April 19
$21.90ASOFAPRIL 19
$20 $0
2019
2020 2021
2022
Highway 290 & FM 1960
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CYPRESS EDITION • MAY 2022
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