10/15/2026
The Woodlands Commercial Real Estate Market Posts Mixed Results Heading Into Fall
New data from Caldwell Cos. shows The Woodlands area commercial market moving in different directions across property types as of early September (Community Impact). Office vacancy ticked down slightly from Q3 2025, reaching 12%, while retail vacancy edged up to 4% and industrial vacancy rose 1.7% to 6.4%.
Rental rates climbed across all three sectors. Retail saw the largest increase at $3.28 per square foot over the period, followed by office at $1.26 per square foot. Industrial rates continued a trend of steady growth dating to Q3 2023, adding $0.84 per square foot since last year.
On the construction side, industrial remains the most active sector despite a net decrease of six buildings under construction compared to Q3 2025. One new office development broke ground in early September, the first since April. Office rental rates now sit near $29 per square foot monthly, while industrial rates approach $15 per square foot.
The Woodlands continues to attract occupiers across sectors, and the data reflects a submarket with genuine demand fundamentals. For tenants evaluating space in The Woodlands or surrounding north Houston submarkets, current conditions reward careful planning and experienced representation.
For tenants navigating this environment, building and submarket selection have never mattered more.
Reach out to our team at (713) 647-6400 or [email protected] to talk through your options.
Read the article here: https://communityimpact.com/the-woodlands/real-estate/the-woodlands-area-commercial-real-estate-sees-mixed-vacancy-rental-trends-in-september/
Vacancy rates grew slightly in retail and industrial real estate while office vacancy shrank in early September in The Woodlands area, according to data.