News

The Maryland General Assembly reconvened on January 8th for its annual, 90-day, legislative session faced with historic budget deficits, lagging state-wide economic performance, and ambitious policy goals. The state’s deficit problem began with a cash shortfall of $300 million in fiscal year 2025 which is a sharp decline from the…

Proponents of a multi-faceted redevelopment of an abandoned military site in Pikesville believe it could infuse new vitality and substantial foot traffic into a struggling retail strip. State and community leaders began assessing alternate uses for the 14-acre Pikesville Armory site after the National Guard stopped using…

NAIOP Maryland’s 2025 Board of Directors includes an array of industry leaders from diverse specialties within the commercial real estate sector. KLNB Principal David Fritz, CCIM, SIOR and Jennifer Hearn, Director of Development, MAG Partners, have been elected to the NAIOP-MD Board of Directors for two-year terms. In addition, Merritt…

What are your business and personal resolutions for the New Year?   “To arrange more lunch meetings with commercial real estate brokerage professionals to keep building my network. Taking a lead from my father, Jim, personally I would like to perform better than the year before and be more giving.”…

The Town of Sykesville has started implementing an award-winning plan to boost charm, accessibility, public uses and commercial activity in its downtown. This fall, the Maryland Chapter of the American Planning Association (APA MD) named the Sykesville Downtown Improvement Project as the winner of its 2024 Neighborhood Revitalization Award.

Despite requiring reductions in emissions and energy use in a billion square feet of commercial and multifamily buildings, Maryland’s Building Energy Performance Standards (BEPS) will not be enough to meet the state’s 2031 climate goals. Maryland and other leading climate states, supported by federally funded non-profit organizations, are developing a…

Members of the Maryland House of Delegates are preparing to reintroduce the “Better Buildings Act,” which would ban the use of fossil fuels for water and space heating in new construction and major renovations, mandate a glide path to zero energy buildings as well as installation of…

More than 20 NAIOP-MD Developing Leaders got into the holiday spirit early by volunteering their time at The Salvation Army of Central Maryland in late November. The group gathered in Baltimore City to sort and pack more than 1000 toys and stockings, which will be distributed to Maryland children and…

A pair of major developments on opposite sides of downtown Baltimore are striving to support growth of the region’s life sciences/biotech sector. The initiatives, however, face softened market conditions. In November, state and city governments announced a $2.2 million loan package for Connect Labs – 35,000 square feet of pre-built…

Located at the intersection of Maiden Choice Lane and Westland Boulevard, the Arbutus Shopping Center was a solid but not extraordinary retail property. The 40-year-old, nearly 88,000-square-foot center is anchored by a Weis Markets grocery store with co-tenants such as Walgreens, Dollar Tree, Advance Auto Parts, Truist Bank and several…