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
$25 $24
Vacancy rate
208,374 square feet
529
77040
6
19.6%
80.4%
21.5%
78.5%
N
$23
77065
$21.30ASOFAPRIL 21
$22
CY FAIR APRIL 2021 COMMERCIAL REAL ESTATE DATA As construction continues on industrial projects with 11 buildings underway in the Cy-Fair area, rental rates have leveled o in the rst quarter of 2021. Meanwhile, vacancy rates in the industrial sector are up slightly year over year.
3 buildings
$21
Q2 2020
As of April 21
$20
$0
2018
2019
2020 2021
INDUSTRIAL
TOTAL SQUARE FEET OF SPACE
Q2 2020
As of April 21
OFFICE
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$10
Vacancy rate
10.5million 10.5million
1.4million square feet
$8
13.7%
86.3%
14.3%
85.7%
INDUSTRIAL
$9.33ASOFAPRIL 21
$6
11 buildings
38.1 million
Q2 2020
As of April 21
$4
39.1 million
$0
2018
2019
2020 2021
RETAIL
19.6million 19.9million
RETAIL
OCCUPANCY VS. VACANCY
RENTAL RATES PER SQUARE FOOT
UNDER CONSTRUCTION
Occupancy rate
$25 $24
Vacancy rate
96,355 square feet
5.5%
94.5%
6.7%
93.3%
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.
$23
$22
$23.36ASOFAPRIL 21
6 buildings
$21
Q2 2020
As of April 21
$20
$0
2018
2019
2020 2021
Cy-Fair Plaza 9601 Jones Rd Houston, TX 77065
700 SF | 1 , 200 SF | 2 ,400 SF Of f ice Spaces Avai lable For Lease
Contact Keith Grothaus, CCIM, SIOR for Additional Details Prime NW Houston office space Onsite banking facility Excellent access to Hwy 290, Beltway 8 & 249 Nearby restaurants Convenient covered parking
13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 281.664.6635 | CaldwellCos.com
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