Vacancy rates increased from the fourth quarter of 2018 to mid-December 2019 for office, industrial and retail properties in Tomball and Magnolia. (Courtesy Adobe Stock)
As of mid-December, rental rates per square foot increased for retail and industrial properties from the third quarter of 2019 while office properties saw a slight drop. Additionally, vacancy rates increased from the fourth quarter of 2018 to mid-December 2019 for office, industrial and retail properties in Tomball and Magnolia.