As of Jan. 4 reports, fewer office, industrial and retail buildings were under construction in The Woodlands area than were under construction in the first quarter of 2023. The number of retail buildings under construction dropped from 20 to eight, and office buildings dropped from eight to five. Retail occupancy remained the same at 95.6%, and office occupancy decreased from 85% to 84.5%. Here is a look at various commercial real estate trends from December in The Woodlands area. Information is provided by
Caldwell Cos.
