REAL ESTATE
Commercial real estate trends
COMPILED BY COMMUNITY IMPACT NEWSPAPER 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
$21.27ASOFAPRIL 12
17,351 square feet
249
77447
77375
12.7%
87.3%
10.4%
89.6%
77377
99 TOLL
2 buildings
$19 $18 $0
Q2 2021
As of April 12
290
N
2018 2019 2020 2021
2022
APRIL 2022 COMMERCIAL REAL ESTATE DATA Rental rates per square foot have continued to increase for retail and o ce properties since the third quarter of 2021 while industrial rental rates per square foot have declined in that time as of April 12.
INDUSTRIAL
TOTAL SQUARE FEET OF COMMERCIAL SPACE
RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
62,573 square feet
Q2 2021
As of April 12, 2022
9.4%
90.6%
5.8%
94.2%
$9.54ASOFAPRIL 12
OFFICE
2.06M 2.15M
4 buildings
$9 $8 $0
Q2 2021
As of April 12
INDUSTRIAL
2018 2019 2020 2021
2022
4.82M
5.01M
RETAIL
RETAIL
8.96M
9.05M
RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0
OCCUPANCY VS. VACANCY
UNDER CONSTRUCTION
Occupancy rate
Vacancy rate
$23.41 ASOFAPRIL 12
305,997 square feet
MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION HOUSTON THE WOODLANDS
4.3%
95.7%
3.8%
96.2%
*AS OF APRIL 12
13 buildings
Q2 2021
As of April 12
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.
2018 2019 2020 2021
2022
FM 1774 SWC of FM 1774 & Friendship Dr. in Magnolia
4.6 Acres For Sale | Prime For Commercial Development
Signalized intersection & unrestricted site Located out of the flood plain Hard corner lot 3 minutes from Magnolia Elementary Surrounded by major single family developments Contact Keith Edwards for additional information
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6633 | CaldwellCos.com
29
TOMBALL MAGNOLIA EDITION • APRIL 2022
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