The Woodlands Edition | October 2024

Real estate

Occupancy vs. vacancy

Occupancy rate

Vacancy rate

Commercial market data

Oce occupancy saw an increase in The Woodlands area compared to the previous year, and retail and industrial occupancy are down slightly compared to third quarter of 2023.

14.4%

13.9%

4.6%

4.8%

3.7%

4.1%

O ce

Retail

Industrial

Under construction in The Woodlands area

Square feet

Buildings

Q3 2023

As of Sept. 30

Q3 2023

As of Sept. 30

85.6%

86.1%

95.4%

95.2%

96.3%

95.9%

343,003

0

6

0

Q3 2023

As of Sept. 30

As of Sept. 30

Q3 2023

As of Sept. 30

Q3 2023

449,916

287,700

14

8

Rental rates (per square foot)

80,463

93,857

10

8

Featured project

Q3 2021

$24.87

$23.76

$11.08

Industrial

Q3 2022

$24.56

$24.03

$11.87

Q3 2023

$24.14

$26.55

$12.28

As of Sept. 30

$24.14

$24.79

$13.41

Venture Technology Center Building 8701 New Trails Drive, The Woodlands • Leased by: Cypressbrook Company

NEW TRAILS DR.

GROGANS MILL RD.

RESEARCH FOREST DR.

• Square feet: 22,592 • Number of spaces: 2 • Rent: $20/modiŠied gross • Occupancy: Vacant

SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TEXAS 77433 COLLEGE STATION ž HOUSTON ž 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.

N

FALL EVENTS

October 5-31: Pumpkin Pail Sale! Purchase Pail for $25 - refill once per day for $15 (+tax) all month long October 5-31: HALLOWEEN MOC CONTEST See store or website for details. October 31: brick-or-treating Show off your spook-tacular costumes for bricks or treats and discover the winners of the MOC contest! NOVEMBER 2nd: Holiday Unveiling - come see the incredible collection of new-in-box, retired, and pre-owned LEGO® Holiday sets.

SPRING, TX

Your one-stop shop for all things LEGO®!

New & Retired Sets Bulk & Minifigures Birthday Parties & more!

NOVEMBER 25th: Black Friday Specials - Special Holiday Hours NOVEMBER 26th: Small Business Saturday Specials

Earn 1 reward for every $100 spent. 1 reward equals $6 in store credit!

385A Sawdust Rd Spring, TX 77380 346-771-LEGO

43

THE WOODLANDS EDITION

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