COMMERCIAL REAL ESTATE
COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF
Commercial real estate trends for The Woodlands area in February 2019
77384
FEBRUARY 2019 COMMERCIAL REAL ESTATE DATA
1488
45
77382
77385
77381
As of mid-February, retail vacancies in The Woodlands area were up nearly 1 percent over the previous year, and office vacancies were down by 0.5 percent. Rental rates per square foot increased in both categories and are beginning to increase in industrial.
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
9.6%
90.4%
9.1%
90.9%
12.1%
87.9%
12.7%
87.3%
4.1%
95.9%
5%
95%
Q1 2018
As of 2/18/19
Q1 2018
As of 2/18/19
Q1 2018
As of 2/18/19
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
RENTAL RATES PER SQUARE FOOT
$24.13 AS OF 2/18/19
$27
$12 $11.5 $11 $10.5 $10 $9.5 $9 $8.5
$25 $24.5 $24 $23.5 $23 $22.5 $22 $21.5
$25.58 AS OF 2/18/19
$10.42 AS OF 2/18/19
$26
$25
$24
$23
0
0
0
2016
2017
2018
2019
2016
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
16,737,879/Q1 2018
4,072,974/Q1 2018
14,297,898/Q1 2018
4,120,974/As of Feb. 18, 2019
17,501,033/As of Feb. 18, 2019
14,658,941/As of Feb. 18, 2019
UNDER CONSTRUCTION
UNDER CONSTRUCTION
UNDER CONSTRUCTION
223,340 square feet
3 buildings
0 square feet
0 buildings
525,496 square feet
16 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.
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713.690.0000 | CaldwellCos.com
OFFICE
INDUSTRIAL
LAND
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The Woodlands edition • March 2019 CDWCO-559 Community Impact Ads REFRESH_9.1837x2.6875_MECH.indd 2
10/19/18 8:51 AM
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