Recent trends in commercial occupancy continued as of August reports, with office vacancies in The Woodlands area up to 17.6%, compared to 16.2% a year ago. Although industrial spaces remain leased at a rate of over 93%, no industrial space is under construction in The Woodlands area. Retail occupancy increased from 95% in the third quarter of 2021 to 95.4% as of Aug. 1, and 188,980 square feet of retail space is under construction.

Here is a look at various commercial real estate trends as of early August in The Woodlands area.