Real estate at a glance: Occupancy, rental rates increase for office, retail in Tomball, Magnolia as of April

Occupancy rates increased year over year for office, industrial and retail properties. (Courtesy Adobe Stock)
Occupancy rates increased year over year for office, industrial and retail properties. (Courtesy Adobe Stock)

Occupancy rates increased year over year for office, industrial and retail properties. (Courtesy Adobe Stock)

Rental rates per square foot have continued to increase for retail and office properties since the third quarter of 2021 while industrial rental rates per square foot have declined in that time as of April 12.


In addition, occupancy was up year over year in the second quarter for office, industrial and retail properties throughout Tomball and Magnolia.

Occupancy increased year over year despite additional commercial space added during that time.

By Anna Lotz

Editor, Tomball/Magnolia & Conroe/Montgomery

Anna joined Community Impact Newspaper as a reporter in May 2016 after graduating with a degree in journalism from Cedarville University in Cedarville, Ohio. In July 2017, she transitioned to editor for the Tomball/Magnolia edition. She began covering the communities of Conroe and Montgomery as well in 2020. Anna covers education, local government, transportation, business, real estate development and nonprofits in these communities. Prior to CI, Anna served as editor-in-chief of Cedars, interned with the National Journalism Center in Washington, D.C., and spent time writing for the Springfield News-Sun and Xenia Daily Gazette.