The office sector in The Woodlands area saw slightly higher occupancy in leasing this May compared to the previous year, while industrial occupancy declined slightly compared to the second quarter of 2025, according to data from Caldwell Companies. Retail leasing stayed at about the same level.
Office rental rates in The Woodlands area continued a steady rise since 2023 as of early May, and industrial rates are rising after a slight dip in 2025. Rental rates for retail spaces were on a downward trend from 2023 to 2025, but have increased as of early May.
Fewer industrial and retail buildings are under construction than a year prior as of May 4, while no office buildings were under construction in May, similar to the previous month.
