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....
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...
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...
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...
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...
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...
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...
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...
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...By Rob Samtmann
Managing Principal of Equity Retail Brokers – Specializing in Tenant Representation and Leasing