Office occupancy saw an increase in The Woodlands area compared to the previous year, and retail and industrial occupancy are down slightly compared to third quarter of 2023, according to September data from Caldwell Cos.

This reverses the trends seen in August in the area.The breakdown

As of the end of the third quarter, retail rental rates in The Woodlands area were slightly higher than office rates, while industrial rates continued the steady increase that has been underway since 2021.According to data from Caldwell Cos. for September, no office buildings were under construction and eight industrial buildings were under construction in The Woodlands area, including Class C buildings. Previous reporting in August did not include Class C buildings.