Office and retail occupancy saw an increase in The Woodlands area compared to the previous year as of early December, while industrial occupancy saw a decrease of about 15 percentage points compared to fourth quarter of 2023, according to November data from Caldwell Cos.

Sorting out dettails

Office and retail trends were consistent with those seen in October in the area.
Rental rates for industrial spaces have increased since 2021, while retail has seen a decrease since a four-year high in late 2023.
Put in perspective

Fewer buildings are under construction in the office sector, while more industrial space is under construction.