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Stock impact report

RGI to build a second West Circle commercial complex [Yahoo! Finance]

Sterling Bancorp, Inc. (SBT) 
Last sterling bancorp, inc. earnings: 10/28 04:07 pm Check Earnings Report
US:NYSE Investor Relations: sterlingbancorp.com
Company Research Source: Yahoo! Finance
RGI, which moved its offices to its newly built 20,000-square-foot commercial complex at 3660 Sarah Place NW in August, has plans to double down its bet on the area overlooking West Circle Drive with the construction of a 13,000-square-foot center paired with a 1,400-square-foot building. Nick Pompeian, Bucky Beeman and Dylan Carty lead the almost 50-year-old Rochester real estate firm. Pompeian said the Sarah Place center was the first that he and his partners had built from the ground up. They didn't have any firm commitments from tenants, other than their office. The rough back-of-an-envelope goal was to have it 75% occupied within two years. After six months, the RGI building is occupied by Swoon Lash + Beauty Lounge, Crisp & Green and Qdoba with about only 10% of the space still available. "The response that we got on this building was unbelievable," said Pompeian sitting in the Sarah Place complex. Now RGI is moving forward with development of the 13,000-square-foot Wes Show less Read more
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