Office, retail space under construction grows in The Woodlands area alongside growing vacancies

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Office, retail space under construction grows in The Woodlands area alongside growing vacancies

By Vanessa Holt | 7:35 AM Jan 28, 2021 CST

The Woodlands area houses millions of square feet of office and other commercial space. (Ben Thompson/Community Impact Newspaper)

As of early January, office and retail vacancies in The Woodlands area were higher than they were the previous year at the same time. However, industrial vacancies decreased.

At the same time, the amount of retail and office space under development was higher through the first quarter of 2021 than it was a year earlier.

Retail rental rates ended the year higher than they began in 2020.

By Vanessa Holt

Senior Editor

A resident of the Houston area since 2011, Vanessa began working in community journalism in her home state of New Jersey after receiving an English degree from Drew University. She joined Community Impact 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. She received a master's degree in English in 2024.

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Office, retail space under construction grows in The Woodlands area alongside growing vacancies

Trending now

Office, retail space under construction grows in The Woodlands area alongside growing vacancies

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By Vanessa Holt