News

Two recent U.S. Supreme Court rulings could have broad and as-yet untold ramifications for the commercial real estate industry. The Sheetz decision creates new opportunities for Americans to challenge and change impact fees imposed on developments by legislative actions. The Loper decision sets the groundwork for court challenges to a…

Could a cluster of real estate investment and redevelopment initiatives fuel an economic turnaround in a long-struggling stretch of Baltimore County? Faced with abundant under-performing properties in Woodlawn and Randallstown, shortages of retail offerings and community amenities, and a long history of under-investment in the region, Baltimore County created three…

The value of a mentor-mentee relationship cannot be overstated. The connection should always be viewed as a two-way street and it’s critical to understand the boundaries and ground rules of any affiliation. That is the takeaway from a recent discussion with Eric Balderson, Assistant Vice President, First…

Amid a tough office market, CRE professionals are finding some opportunities. Demand remains strong for small offices with big amenities, such as Redwood Exchange. Photo courtesy of Byrnes and Associates. A quick scan of headlines presents a bleak outlook. Lenders and owners have initiated distress sales or auctions…

Electricity customers in the Mid-Atlantic and Midwest will pay $14.7 billion for electricity capacity in 2025 and 2026 combined, up from $2.2 billion last year. The change reflects the increasing impact of utility and climate policies on electricity pricing. The prices were set at a capacity auction…

Strong demand for industrial space, investor interest in the asset class, high interest rates and economic uncertainties have left industrial owners and investors grappling with a shifting set of opportunities and challenges. Among investors, “there is huge appetite for industrial. It is still a stable asset class.

Abigail Foster, Ema Gomez and Jake Tompkins recently completed vastly different summer internship experiences with separate companies involved in the commercial real estate industry, but they agree on one thing. Their preconceived notions of job responsibilities and work environment were far different from what they ultimately experienced – in a…

Ranked as the highest performing asset class in commercial real estate for years, today’s industrial market in Maryland is anything but a simple path to robust profits, rapid deals or shovel-ready development opportunities. The state’s industrial sector is experiencing high occupancy levels, healthy rent increases, space requirements from a diverse…

The debate over decarbonizing Maryland buildings is about to enter a new round and that could present opportunities to commercial real estate owners. Shortly before the 2024 General Assembly session ended, legislators amended the state budget to prevent the Department of the Environment (MDE) from spending any funds on “adopting,…

From secure building entrances and radio frequency blocking devices to elaborate lighting, colorful walkways and high-quality pedestrian environments, CRE professionals are employing a variety of discreet techniques to make properties safer and more secure. Many office properties have long employed core design principles to heighten the safety of workers and…