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
Signalized intersection Unrestricted and no flood plain Hard corner lot with great frontage 3 minutes from Magnolia Elementary and Middle School 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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