Laurence Steinberg

Larry Steinberg
Rittenhouse Retail

Chief Operating Officer
Rittenhouse Retail

Direct: (267) 323-4086
Cell: (610) 585-4700
Fax: (267) 324-3394
License: PA RS193902L
Email: larry@rittenhouseretail.com

Professional Experience

Laurence Steinberg joined RRA in February 2018 to lead the Retail Group.  Larry has an extensive 25-year plus career in commercial real estate that includes development, consulting and brokerage. Prior to joining RRA, Larry served as an Executive Vice President with CBRE (FAMECO), a Principal of Michael Salove Company, and as a Partner in L.S. Powell Company, where he developed over one million square feet of commercial real estate.

For over a decade, Larry has brokered deals with acclaimed restaurateurs, premier restaurant chains and national retailers in the Philadelphia area. He has represented Morton’s Steakhouse for all of their Philadelphia and surrounding area locations, including their highest grossing unit at Caesar’s Palace in Atlantic City. Larry has worked closely with Philadelphia restaurant luminaries such as Stephen Starr, Jose Garces, Marc Vetri, Kevin Sbraga,  Steven Cook and Michael Solomonov.

Larry’s retail presence can be seen throughout Center City. He was successful in bringing national retailers to Philadelphia such as H&M, The North Face, Cole Haan and West Elm. Recent noteworthy transactions include the first Target Express store in Center City and deals for Warby Parker, Theory, Madewell, Under Armour, a 26,000 square foot Walgreens flagship store, and a 40,000 square foot Nordstrom Rack.

In addition to leasing, Larry has brokered the sale of important retail properties, including nine buildings along Walnut Street in Rittenhouse Square. Most recently he represented the Seller for the sale of 1330 Chestnut Street, 1529 Walnut Street, and 1700 Chestnut Street.

Credentials

Professional Accreditations/Affiliations

  • Licensed Real Estate Salesperson in Pennsylvania
  • President, Rittenhouse Row Merchant’s Association
  • Board Member, Central Philadelphia Development Corporation’s Center City District
  • Frequent Speaker for ULI, CPDC, and ICSC Programs

Education

  • Bachelor of Science, Wharton School of Business, University of Pennsylvania

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