News

  • NAIOP Maryland honors multiple companies and real estate professionals at bi-annual Awards of Excellence

    NAIOP Maryland honors multiple companies and real estate professionals at bi-annual Awards of Excellence

    12 award categories presented for innovation and achievement by regional commercial real estate development firms, affiliated companies and professionals. Baltimore, MD (May 6, 2022) – NAIOP Maryland honored 10 different companies and seven commercial real professionals in 12 separate categories at its bi-annual Awards of Excellence held recently in front…

  • Hybrid workplace requires employer empathy and flexibility

    Hybrid workplace requires employer empathy and flexibility

    With many employees still balking at returning to the traditional workplace at pre-pandemic regularity, professionals participating at a recent webinar sponsored by Office + SpaceIQ stressed the need for increased listening, empathy and flexibility. While workers, in large part, have demonstrated the capability of remaining productive in a work-from-home environment,…

  • Electric systems offer financial benefits for select commercial buildings

    Electric systems offer financial benefits for select commercial buildings

    In light of this spring’s passage of the Climate Solutions Now Act, Maryland developers may want to conduct an additional type of planning as they plan new commercial construction projects. The final version of the bill did not include an all-electric building code. Instead, it directed the Department of Labor…

  • 2022 General Assembly session passed changes to taxes and fees

    2022 General Assembly session passed changes to taxes and fees

    Although climate-related legislation occupied a large part of the legislative agenda in 2022, the General Assembly took up a number of other initiatives of interest to commercial real estate.  Over the next several editions, NAIOP 360 will focus on legislation related to taxes and fees, building codes, forest conservation, water…

  • 2022 session set new climate standard for buildings

    2022 session set new climate standard for buildings

    The 2022 Maryland General Assembly Session will be remembered for Senate Bill 528 – The Climate Solutions Now Act, a sprawling, 100-page climate bill which establishes an emissions and energy standard for existing buildings. The headline requirements for buildings are a 20% reduction in direct building emissions…

  • Getting back to normal in the workplace is no longer the goal

    Getting back to normal in the workplace is no longer the goal

    “Achieving normalcy” should not be the primary goal of employers as they strive to create equitable return-to-work arrangements, satisfy work-from-home demands, and optimize productivity and workplace culture. That was a core message of experts participating in a recent webinar sponsored by iOffice + SpaceIQ. The healthcare crisis has shifted the…

  • Word on the Street: Future-proof office

    Word on the Street: Future-proof office

    New terminology is added to the commercial real estate vernacular on a near-daily basis. At the NAIOP Maryland March Madness event, we asked several participants to provide their definition of the “future-proof office” concept. Here are their answers, with the actual definition below.   “Many companies were caught flat-footed when…

  • Climate Solutions bill presents bold goals, big challenges

    Climate Solutions bill presents bold goals, big challenges

    The Climate Solutions Now Act – setting some of the most aggressive greenhouse gas (GHG) reduction goals in the country – has passed the Maryland General Assembly. Now, the difficult, detailed work begins of figuring out how to implement it. The Climate Solutions Now Act (SB 528) requires the state…

  • Downtown office space glut translates to rise in multifamily conversions

    Downtown office space glut translates to rise in multifamily conversions

    The continued softness of the downtown commercial office market, aging office stock, success of the hybrid and work-from-home models, and the critical need for additional multifamily housing are collectively driving the sustained conversion of office buildings into apartment communities. A high-profile example of this trend in Downtown Baltimore is the…

  • “How I… got the ball rolling for a new workforce housing development.”

    “How I… got the ball rolling for a new workforce housing development.”

    By David McClatchy, MacKenzie Commercial Real Estate Services I have found that, in some cases, things are not always what they seem to be on the surface which, in the world of commercial real estate, often translates to an amazing opportunity. That situation perfectly describes a five-acre tract…