Chris Maguire, CEO of SRS Real Estate Partners, discusses the reasons why he believes the luxury segment of retail is going to be hot going forward. He explains that the changing demographics in smaller U.S. markets have created a demand for more luxury tenants.
Sale of the Week: Riverview Plaza in Frederick, Maryland
Finmarc Management, Inc. acquired Riverview Plaza, a 185,275-s.f. regional shopping center in Frederick for $30M. The center is anchored by T.J. Maxx, Michaels, PetSmart and Bob’s Discount Furniture, and shadow anchored by The Home Depot and Target. Other tenants include Staples, Sierra and Old Navy. The property was 95% leased at the time of the transaction. More





















