ROCHESTER, Mich. – Oct. 12, 2010 – Downtown Rochester is nearing full occupancy. The city’s retail locations are 96.5% full, leaving a vacancy rate of only 3.5%. This is well below the national average of 10.2% vacancy for downtown business districts. Rochester’s retail occupancy has increased significantly since Aug. 2008 when it was 90.5% full. Aug. 2009 saw the district increase to 92.7% occupancy, but the current 96.5% occupancy rate is the most significant jump; the continued … [Read more...]