ANNUAL DATA: Office, industrial, retail vacancy up year over year in The Woodlands area

Office, industrial and retail vacancy was up year over year in June, according to data provided by Caldwell Cos. for The Woodlands area.

In addition, although there were fewer land sales, more land acreage was sold.


There was more office and retail space available in June than in June of the previous year.


Office and retail building space was under construction, but no industrial space was being built in June.


Locally, a total of 17 buildings were under construction in office and retail sectors.


Rental rates per square foot were up in office but down in industrial sectors in June.


Year over year, the median price per square foot for land in The Woodlands area was down in 2019-20.

By Vanessa Holt
A resident of the Houston area since 2011, Vanessa began working in community journalism in her home state of New Jersey in 1996. She joined Community Impact Newspaper in 2016 as a reporter for the Spring/Klein edition and became editor of that paper in March 2017 and editor of The Woodlands edition in January 2019.


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