Lasting Financial Returns
Steiner + Associates’ financial, development, construction, leasing, marketing and management expertise consistently delivers meaningful and measurable value for tenants, partners, investors and communities. The key to making that happen is Steiner’s emphasis on developing projects that generate long-term value. Steiner developments are designed to function as core community assets, not disposable, replaceable or “another mall” projects. Consequently, they become self-sustaining commercial engines, providing meaningful, sustainable and lasting value. Ultimately, Steiner believes that a strong ROI is not about executing a financial transaction in the near term, but about creating engaging and profitable destinations that stand the test of time.
Thomas (TJ) Drought Jr. has joined Columbus, Ohio-based Steiner + Associates as Executive Vice President, Advisory Services. Drought leads the company’s growing third party leasing and management services business. Steiner + Associates Chairman and CEO Yaromir Steiner made the announcement.
For anyone in the industry, it’s impossible to avoid the topic of online sales and the “dramatic” impact of the internet on traditional brick-and-mortar retail. Many retailers are clearly worried, and others are uncertain about how they should respond to the growth of online retail.