Retail rents on popular streets in St. Petersburg, Fla., such as Beach Drive, have risen to as much as $50 per square foot. In other downtown spots in the city, rates average $16.93 per square foot. The high rents aren’t dissuading retailers from Beach Drive — space is fully occupied there, and some owners have found that space will lease within minutes of being listed. Read the American City Business Journals/Tampa, Fla. story here