Although retailers/restaurants continue to lease retail space, others are closing down locations including some big box tenants who have been part of the retail landscape for many years.
Toll, who is 77, will remain a member of the board of directors, will serve as a special advisor to the company, and will be honored with the lifetime title of chairman emeritus of the board.
The latest construction industry report optimistically indicates continued growth but also realistically lays out areas where activity is projected to slow down.
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