NAIOP-MD InSites

JANUARY/FEBRUARY 2025

Five CRE stories to watch in 2025
12 MIN READ
- A new federal administration raises the prospects of both policies favorable to the CRE industry and policies that could stoke inflation.
- The office sector faces a gradual uptick in occupancy but sustained high interest rates that could imperil some financing plans.
- Developers contend with limited available land, high development costs, and strong, stable need for industrial and flex properties.


Budget crisis stokes desire for economic growth strategies

4 MIN READ
- Tax hikes and spending cuts won’t resolve structural budget deficit, Gov. Moore says.
- State pursues new services, incentives and other opportunities to boost economic growth.
- Maryland “remarkably vulnerable” to anticipated changes in federal spending and staffing.

Perspectives from the Brokerage Community

6 MIN READ
- Brokerage professionals remain cautiously optimistic about sales and leasing prospects for 2025.
- Uncertainty lifted from a previous Presidential election year, lowering of interest rates, back-to-office policies, and the still-strong warehouse/industrial sector fuels hopes.
- Baltimore City’s national image challenges show signs of improvement.