We met up with Beau Arnason, the EVP of Asset Management for Steiner + Associates. Arnason responded to our question on whether or not he is worried that a potential future economic downturn might impact the viability of the retail centers that Steiner + Associates develops and manages.
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





















