Tomball - Magnolia Edition | July 2022

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

$21.63 AS OF JULY 13

9,084 square feet

249

77447

77375

10.3%

89.7%

10.2%

89.8%

77377

99 TOLL

2 buildings

$19 $18 $0

Q3 2021

As of July 13

290

N

2018 2019 2020 2021

2022

JULY 2022 COMMERCIAL REAL ESTATE DATA Rental rates per square foot are on the rise for industrial and oce properties while retail rates have dipped in recent months. Occupancy was also up in industrial, retail and oce properties year over year.

INDUSTRIAL

TOTAL SQUARE FEET OF SPACE

RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

1.74M square feet

Q3 2021

As of July 13

8.1%

91.9%

7.8%

92.2%

$10.25 AS OF JULY 13

OFFICE

2.07 million 2.16 million

9 buildings

$9 $8 $0

Q3 2021

As of July 13

INDUSTRIAL

2018 2019 2020 2021

2022

4.94 million

5.16 million

RETAIL

RETAIL

8.96 million 8.79 million

RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

$23.24 AS OF JULY 13

265,648 square feet

MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION  HOUSTON THE WOODLANDS

4.6%

95.4%

3.5%

96.5%

*AS OF JULY 13

17 buildings

Q3 2021

As of July 13

Although every eort 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

4.6 Acres For Sale SE Corner of FM 1774 & Friendship Dr | Magnolia, TX

Prime Commercial Site

ƒ Signalized intersection ƒ Unrestricted and no flood plain ƒ Hard corner lot with great frontage ƒ 3 minutes from Magnolia Elementary and Middle School ƒ Major single family developments nearby

13100 Wortham Center Drive Suite 300 Houston, TX 77065 713.690.0000 | www.caldwellcos.com Contact: Keith Edwards | 281.664.6633

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