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Office, industrial vacancies rise more than retail vacancies in The Woodlands area in October-November
According to data from October, the office vacancy rate rose to 15% in The Woodlands area as of Nov. 2, while the industrial rate increased to 11%. The retail vacancy rate only increased about 1% from the previous year; it was at 5.5% as of Nov. 2. New construction was underway in all three categories as of early November.