Globest Sectors

ROCK HILL, MO-The first phase of the Market at McKnight development will have a total of 126,000 sf of retail space and is anchored by Stein Mart.

PHILADELPHIA-Hotel occupancy rose 6% this summer and the average daily rate shot up 8.5%, thanks in part to the Franklin Institute's blockbuster exhibit.

NEW YORK CITY-Stonehenge closes its new equity fund to acquire office, retail and residential properties, and target high-yield debt opportunities.

DOVER, DE-Leases are currently being negotiated with several anchor tenants including Dick's Sporting Goods, Bed Bath & Beyond, Ross Dress for Less and Petco.

WEYMOUTH, MA-The $16.5-million, 10-year financing requires a unique approach thanks to a building expansion option.

NEW YORK CITY-Manhattan's vacancy rate drops to 4.9%--its lowest level in more than 25 years. Average asking rent increased $2.15 per sf from Q2.

EAST BRUNSWICK, NJ-The automaker will relocate from South Jersey to Boston Properties One Tower Center by the end of the year.

CHICAGO-Interra Development Partners is buying land to develop retail centers in Florida City, FL; Gilbert, AZ; Maricopa, AZ; and Murrieta, CA.