April 28, 2012 New Nets Arena Attracts Stores, Eateries Mentions News “Rents are skyrocketing from $50 a square foot five years ago to as much as $200 a square foot for retail space closest to the arena,” said Geoffrey Bailey of TerraCRG Commercial Realty Group. Sign up for News [contact-form-7 id="4536" title="Newsletter Sign Up"]