News

Cities across the country continue to face challenges attracting and maintaining businesspeople in the post-pandemic environment, which harms downtown restaurants and retailers. But cities such as Baltimore, Boston, Denver and San Francisco are effectively turning to arts and culture programming to activate these urban core areas, with placemaking principles encouraging…

The University of Maryland Baltimore’s nearly $300 million Collegetown development is poised to spur major growth in West Baltimore. But economic conditions, security concerns and government red tape could limit its economic development potential. Approved by the University System of Maryland’s Board of Regents earlier this year,…

Anne Arundel County’s development moratorium in the Baltimore City Sewer Service Area has been lifted. County Executive Steuart Pittman announced the decision in a June 3rd letter to NAIOP.  The letter cited an agreement with the Maryland Aviation Administration allowing the county to borrow unused sewer capacity from BWI…

Get the latest news from the NAIOP Maryland Community. Tradepoint Atlantic and MSC have broken ground on a new Baltimore container terminal at Sparrows Point, advancing a major port and logistics development project. Click here for more.  Greenebaum Enterprises President Michael Greenebaum was featured in an interview discussing his…

Owners of and investors in distressed office assets throughout the Mid-Atlantic are facing limited options as vacancy rates rise, interest rates remain elevated, and refinancing proves difficult if not impossible. “We are seeing increased delinquency with commercial mortgage-backed securities (CMBS) loans, and what happens next is very clear, leaving precious…

A bold vision for a derelict building, combined with expertise in structuring capital stacks with tax credits, has sparked multiple redevelopment projects in Upton. The vision began with Dr. Alvin Hathaway, CEO of Beloved Community Services Corporation, who set out to transform the former PS103 building into the Justice Thurgood…

The renaissance of downtown Baltimore City is on the right track, but local stakeholders are being encouraged to adopt a “growth mindset” to keep momentum going and alter the negative perceptions still held by many outsiders. P. David Bramble, Mohan Suntha, and Lou Kousouris were among the panelists at Bisnow’s…

Get the latest news from the NAIOP Maryland Community. Continental Realty Corporation has completed an acquisition of a 14-property retail portfolio spanning seven states and encompassing more than 2 million square feet of retail space from US Properties Group, which was represented by CBRE. Click here for more.  MacKenzie…

The office sector may have experienced a few challenging years. Yet winners of the NAIOP-MD Awards of Excellence managed to successfully complete development of a best-in-class Class A office building, fit out of an extraordinary regional headquarters in an older building, and a “speed to mission solution” for defense industry…

In a busy and land-constrained region, industrial property developers have to be creative and expert to make new projects work. Winners of the NAIOP-MD Awards of Excellence successfully converted a fly ash dump and two shuttered factories into industrial campuses, and created a state-of-the-art industrial facility that includes the warmth…