Retail

Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone's wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.

The lease deal was one of 11 transactions Divaris recently negotiated involving 95,068 square feet of new and renewed commercial space throughout the greater Hampton Roads market.

Quality is prevailing over quantity as Western retail investors adapt to the sector's structural changes. Does “quality” mean the same thing for different metros?

The economics are in favor of the small-box retailer, having to spend less on your lease rate means you can spend more on marketing, inventory management, customer management and of course less staffing.

With the DRI award, New Rochelle will connect its evolving and prosperous city center with the mile-long Lincoln Avenue Corridor that contains mixed-income residential housing, a newly renovated hospital, green space, a Metro North Train Station and part of the city's Arts and Cultural District.

The Transbay Joint Powers Authority provided results of the initial inspections on the steel beams at the transit center, which show an additional fissure on an adjacent beam at the Fremont Street location.