BizHawk: Retail in Downtown 'Concerning,' But Signs of Life Emerging

BizHawk: Retail in Downtown 'Concerning,' But Signs of Life Emerging

The amount of storefront retail vacancies on State Street “remains concerning,” according to the Q2 report from Hayes Commercial Group. The vacancy rate between the 400 and 1300 blocks of State Street is 13.7%. Thrifty Beaches opened recently at 710 State Street. Ghirardelli ChocolateCompany leased 509 State St., a good sign for retail. “Despite these challenges, there are positive signs: New developments are in the works to provide housing, and…