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Rob Samtmann | Dec 22, 2022 |
Retail News

NJ Developer Enters Philly with Two New Projects

Sitework Already Underway on 404-Unit Development in Northern Liberties Neighborhood New Jersey-based developer Accurate is entering the urban Philadelphia market with a pair of new residential projects getting underway and a third property under contract. Accurate will break ground on developments in two of Philadelphia’s most sought-after neighborhoods this year, delivering a total of 499 […]
Rob Samtmann | Dec 05, 2022 |
Retail News

Inflation is Easing its Grip

The price of gasoline is dropping like a rock. Chicken wings are suddenly a bargain. And retailers drowning in excess inventory are looking to make a deal. After more than a year of high inflation, many consumers are finally starting to catch a break. Even apartment rents and car prices, two items that hammered millions […]
Rob Samtmann | Nov 17, 2022 |
Retail News

It's Looking Good For The Holidays!

Retail Sales Jump Retail sales were up 1.3% for October (seasonally adjusted) from September, indicating that consumers continue to spend despite rising prices. Many retailers, including Walmart, Amazon and Target, started early holiday sales in October, giving shoppers access to great deals early in the season. Year over year, sales were up 8.3% compared to […]
Rob Samtmann | Nov 08, 2022 |
Retail News

Real Estate Matchup Between Astros and Phillies

A World Series between the Houston Astros and Philadelphia Phillies is also a matchup of two of the country’s most important commercial real estate markets. Those baseball teams play in the fourth- and sixth-largest U.S. cities, located along key shipping ports, and amid thriving warehouse and apartment demand, according to CoStar data. Houston and Philadelphia […]
Rob Samtmann | Oct 31, 2022 |
Retail News

For Halloween Shopping, Consumers Prefer Specialty Store Haunts

National Retail Federation Expects Record $10.6 Billion in Spending on This Year’s Holiday Specialty Halloween stores will be gobbling up a lot of sales this year, according to the National Retail Federation as it predicts a record $10.6 billion in spending overall for the holiday. Halloween shops and costume stores, like the ubiquitous Spirit Halloween […]
Rob Samtmann | Oct 27, 2022 |
Retail News

Conscious Consumerism: As Black Friday Wilts, Green Friday Sprouts

Not so long ago, Black Friday was a day to be anticipated and celebrated. After Americans stuffed themselves on Thanksgiving, they went in search of stuff to buy the day after. People camped overnight outside stores to take advantage of the doorbuster specials. Shoppers in Walmart came to blows over deals (literally). Such was its […]
Rob Samtmann | Oct 05, 2022 |
Retail News

Top Economist Expects Inflation to Cool

Geopolitics, The Fed and COVID Policies Will Decide Economic Future According to economist Bernard Baumohl, one of the top questions pending for the fate of the U.S. economy and the hotel industry is just how far the Federal Reserve is willing to push its plan to raise interest rates and tamp down inflation. Speaking during […]
Rob Samtmann | Sep 23, 2022 |
Retail News

Philly Update: Thousands of Comcast Employees Are Returning

Comcast workers are back in Center City. Their return is ‘flexible’ — but it’s already rejuvenating downtown The return of Comcast employees to the office signals a noteworthy moment in Philadelphia’s pandemic recovery, bringing thousands of people back into Center City after more than two years of working from home. Comcast sent a corporate memo […]
Rob Samtmann | Sep 08, 2022 |
Retail News

Philadelphia Bioscience Growth Continues

Nuveen Loans $265 Million for Philadelphia Life Science Building, Project Aims To Build 200,000 Square Feet of Lab Space Pennsylvania-based Keystone Development and Investment has secured a strong endorsement in the form of a loan from an affiliate of insurance giant Teachers Insurance and Annuity Association of America. TIAA’s Nuveen Real Estate agreed to provide […]
Rob Samtmann | Aug 29, 2022 |
Retail News

US Retail Property Sector Bounces Back

No More Supply Glut as Demolition of Obsolete Retail Space Outpaces New Store Construction According to a recent article on CoStar, analytics show that the retail property sector has bounced back to even better shape now than before the COVID-19 pandemic. Retail availability rates have declined to their lowest levels since before the Great Recession, […]

Rob Samtmann

Rob is Managing Principal of Equity Retail Brokers and he specializes in tenant representation and leasing.

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