News

  • If You Ask Me… Perspectives from NAIOP-MD Members

    If You Ask Me… Perspectives from NAIOP-MD Members

    What is your real estate forecast for the balance of the year?   Gail Chrzan Senior Vice President Blue & Obrecht Realty “Many negative domestic and worldwide situations are causing businesses to pause with their real estate decisions and, collectively, are contributing to a challenging commercial office…

  • Local brokerage firms optimistic about remainder of 2022

    Local brokerage firms optimistic about remainder of 2022

    Despite economic headwinds created by record inflation, rising interest rates, lower consumer spending, slower job growth and growing discussions of a national recession, recently released Q2 market reports distributed by MacKenzie Commercial Real Estate Services and Lee & Associates | Maryland point to continued optimism in the Central Maryland commercial…

  • ICYMI: MAG Partners’ Gilmartin heralds new phase and broad potential of Port Covington

    ICYMI: MAG Partners’ Gilmartin heralds new phase and broad potential of Port Covington

    Port Covington has entered “leasing mode,” according to Maryanne Gilmartin, Founder and CEO of MAG Partners. Gilmartin described the status and potential of the mega project at NAIOP Maryland Summer in the City networking event, held at 2455 Banner Street in Port Covington. The New York-based company,…

  • Industry Roundtable: An Economic Outlook

    Industry Roundtable: An Economic Outlook

    Impact of looming economic downturn on commercial real estate sector debated Dark clouds are gathering on the horizon in the form of rising gas prices, continued supply-chain and logistics issues, construction material shortages, geopolitical forces and the continued hangover of the COVID-19 healthcare crisis, prompting speculation of a looming recession.

  • Retail faces solid opportunities, sharp scrutiny in rocky market

    Retail faces solid opportunities, sharp scrutiny in rocky market

    In the midst of the pandemic and the ensuing turmoil in the retail sector, leasing agents for Northwood Commons were busy. The former Northwood Plaza had been struggling for decades and periodic talks about redevelopment plans never gained traction. Then MCB Real Estate crafted a plan to overhaul the property…

  • CRE leaders set their own path to net zero

    CRE leaders set their own path to net zero

    Despite all the debates and concerns over government mandates to lower greenhouse gas emissions and implement all-electric building codes, major commercial real estate companies are moving forward with bold decarbonization goals. Jones Lang LaSalle, Duke Realty, CBRE and Prologis have pledged to achieve carbon neutrality across their entire portfolios by…

  • Combining Forces: Public-private partnerships deliver uncommon impact

    Combining Forces: Public-private partnerships deliver uncommon impact

    Public-private partnerships are delivering ambitious projects in Maryland, including the new city hall and civic plaza in College Park. Photo Courtesy of Design Collective. It took $51 million, years of discussions and an unconventional plan, but the grand opening of the new College Park City…

  • If You Ask Me… Perspectives from NAIOP-MD Members

    If You Ask Me… Perspectives from NAIOP-MD Members

    With the renovation of the 60-year-old Royal Farms Arena now underway, what is your fondest memory of a concert or sporting event which you’ve attended, including its days as the Baltimore Civic Center? Once the project is complete, what artist would you be interested in seeing there?   Kate Nolan…

  • Urban retail recovery remains a work in progress

    Urban retail recovery remains a work in progress

    From pandemic phases and hybrid work models to rising inflation and the return of tourists, the retail sector is still grappling with a lot of changes. The streets of major urban areas are starting to experience a heavier volume of office workers and tourists, a trend that is vital to…

  • Gilmartin heralds new phase and broad potential of Port Covington

    Gilmartin heralds new phase and broad potential of Port Covington

    Port Covington has entered “leasing mode,” according to Maryanne Gilmartin, Founder and CEO of MAG Partners. Gilmartin described the status and potential of the mega project at last month’s NAIOP Maryland Summer in the City networking event, held at 2455 Banner Street in Port Covington. The New York-based company, together…