Industrial activity up in The Woodlands
Like some other parts of the Houston area, The Woodlands is seeing robust growth in the industrial real estate sector, data from commercial real estate research firm CoStar show.
As of Oct. 20, industrial occupancy, inventory and rents are up in The Woodlands submarket. Vacancy dropped to 6.4%, down from 7.8% in the fourth quarter of 2020 and the lowest it has been since the third quarter of 2017; average rents jumped 91 cents to $11.10 per square foot, the highest they have ever been; and the number…