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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 | Jul 25, 2022 |
Retail News

Tishman Speyer Venture Breaks Into Philadelphia Biotech Market

Philadelphia, long a secondary market for biotech investment, is seeing an uptick in development as investors seek to meet demand from an expanding roster of life sciences tenants on the hunt for a shrinking amount of available space. Greater Philadelphia is considered the strongest cell and gene therapy hub in the nation, attracting nearly $4 […]
Rob Samtmann | Jul 18, 2022 |
Retail News

Back-To-School Spending Set To Be An All-Time High

Back-to-school spending might reach an all-time high this season, according to a new report from Deloitte. Over half of surveyed back-to-school shoppers expressed inflation concerns, but many still plan to purchase needed supplies. Spending for the category is expected to reach up to $34.4 billion for K-12 students and $28.3 billion for college shoppers, per […]
Rob Samtmann | Jun 08, 2022 |
Retail News

How The Supply Chain Crisis Is Being Solved

The supply chain is volatile. There have been many problems of late, and we continually hear about overland trucking issues causing additional delays after merchandise finally gets unloaded from delayed cargo ships. Christmas 2021 was a nightmare, and companies like Walmart and Costco now have their own cargo ships to expedite merchandise to U.S. ports. […]
Rob Samtmann | May 06, 2022 |
Retail News

Philly On The Verge of Another "Rendell" Moment

In a recent Philadelphia Inquirer article, local business leaders discuss how Center City Philadelphia has nearly recovered to pre-pandemic levels of jobs and downtown foot traffic, although non-resident workers still haven’t fully returned physically to their Philly workplaces. In fact, according to a new report from the Center City District, the city could be on […]
Rob Samtmann | May 03, 2022 |
Retail News

Grocers And Restaurants Are Leading Retail Growth

For the First Time in 5 Years, Brick-and-Mortar Retail Openings Are on Track To Outnumber Store Closings Here’s something to look forward to: Brick-and-mortar store openings in 2022 are on pace to outnumber store closings for the first time in five years. The trend is an ironic byproduct of the pandemic, said Erik Foster, a […]
Rob Samtmann | Apr 21, 2022 |
Retail News

$580 Million in Upcoming Philadelphia projects

Recent proposed projects in Philadelphia show how some of the city’s development hotbeds are continuing to heat up. Just since February 2022, over $580 million in new projects have been proposed for the Greater Philadelphia region. In Fishtown, an area in east Philadelphia, a mixed use development (the Frankford) is being planned for 1120 Frankford […]
Rob Samtmann | Apr 11, 2022 |
Retail News

The Greatest Retail Innovation Of The Next 30 Years

Amazon’s “Just Walk Out” tech will soon be looked upon as the greatest retail innovation of the next 30 years. The award won’t go to voice commerce. It won’t go to Zuck’s metaverse. It will go to the technology platform that first debuted inside of a small Amazon Go store in January 2018, forever offering […]

Rob Samtmann

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

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