Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
O ce occupancy in The Woodlands area increased from 84.5% to 85.6% from the last quarter of 2022 to Dec. 4. Less o ce space is under construction in late 2023 than the previous year.
14.4%
3.7%
4.1%
15.5%
6%
5.8%
O ce
Retail
Industrial
Under construction in the The Woodlands area
Square feet
Buildings
Q4 2022
As of Dec. 4
Q4 2022
As of Dec. 4
84.5%
85.6%
96.3%
95.9%
94%
94.2%
458,981
301,748
9
6
Q4 2022
Q4 2022
As of Dec. 4
As of Dec. 4
Q4 2022
As of Dec. 4
369,783
266,700
17
9
Rental rates (per square foot)
146,599
0
2
0
Featured project
Q4 2020
$24.85
$22.06
$10.40
Retail
Q4 2021
$24.80
$20.94
$12.54
Q4 2022
$24.46
$21.94
$12.44
As of Dec. 4
$24.10
$23.74
$13.19
Gosling Oaks 24700 Gosling Road, Spring • Timeline: December 2024 completion • Square feet: 140,000 • Percent leased: not available
R D
.
SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TEXAS 77433 COLLEGE STATION HOUSTON THE WOODLANDS ALTHOUGH EVERY EFFORT HAS BEEN MADE TO ENSURE THE TIMELINESS AND ACCURACY OF THIS REAL ESTATE DATA, COMMUNITY IMPACT AND CALDWELL COS. ASSUMES NO LIABILITY FOR ERRORS OR OMISSIONS.
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THE WOODLANDS EDITION
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