Morgan Stanley Files Permit for New Rochester Office

The firm is moving forward with a $1.3 million office expansion project in northwest Rochester.

Updated on Oct. 24, 2026 in Openings & Closings

Isometric editorial illustration depicting a structural steel framework, representing office expansion. — Morgan Stanley has filed a permit for a $1.3 million office expansion project at 3629 Sarah Place NW in Rochester. AI Illustration. Upload story photo >

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Morgan Stanley recently filed a building permit for a new office located at 3629 Sarah Place NW in northwest Rochester. The project involves a fit up of an existing white box space within the West Circle Retail Plaza.

Why it matters

The investment firm has maintained a presence in the city for over two decades, having occupied its location at 201 S. Broadway since 2000. This new filing signals a expansion of its local operational footprint.

The proposed office fit up carries an estimated construction cost of $1.3 million. The new facility will be located at 3629 Sarah Place NW in Rochester.

The players

Morgan Stanley

Morgan Stanley is a global financial services firm that provides investment banking, securities, and wealth management services.

The details

The permit covers the renovation of Suites 120 and 130 in the West Circle Retail Plaza. Morgan Stanley has operated out of its 201 S. Broadway office since 2000, a location that the firm later renamed in 2015.

Morgan Stanley began occupying its 201 S. Broadway location in 2000.
The 201 S. Broadway building was renamed by the firm in 2015.

Market Landscape

This office construction project represents a major shift from the firm's primary 2000 relocation to 201 S. Broadway. It positions Morgan Stanley to expand its reach within the growing commercial corridors of northwest Rochester.

Clients of the firm should note the planned transition to the new facility in the West Circle Retail Plaza. This expansion may eventually shift meeting locations for local stakeholders as the new office becomes operational.

The takeaway

Commercial investments like this $1.3 million fit up reflect the continued development of retail and office hubs outside of traditional city centers. Residents can monitor local permit filings to stay informed about similar commercial growth in their neighborhoods.