Retail spaces see an increase in rental rates in The Woodlands area in July

Both the retail and industrial sectors in The Woodlands area saw slightly higher vacancy rates as of July 2 compared to the third quarter of 2025, while office vacancies stayed at about the same level, according to data from Caldwell Cos.

Measuring the impact

Retail rental rates in The Woodlands area experienced an increase as of July 2 compared to the previous year, with values having risen to $25.29 monthly rent per square foot. In the third quarter of 2025, retail rental rates were a little over $3 less.

Dig deeper

Office and industrial rental rates also increased as of early July, following a trend that has continued since 2023, collected data shows.

The number of industrial buildings under construction is less than half of those reported in last year’s third quarter of early July, whereas the number of retail buildings under construction increased by one.

As in previous months, no office spaces were reportedly being built as of July 2.