News

The Beatles’ song “All you need is love” was the central theme at this year’s Capital Stack event, which provided a commercial real estate update and economic overview using macro and micro perspectives. Intermingled with his nostalgic song mix, however, was a powerful message delivered by Spencer Levy, CBRE’s Global…

Sean Doordan, Senior Executive Vice President, Acquisitions and Growth, St. John Properties was elected President of NAIOP Maryland at the recent Holiday Luncheon. Doordan will serve a two-year term beginning January 1, 2026. Additional officers, also serving two-year terms, will be Scott Wimbrow, President and Principal, MacKenzie Commercial Real…

The Maryland Department of Environment (MDE) has proposed changes to nontidal wetlands regulations that could increase costs but also open up mitigation options for development teams. Maryland wetlands fee-in-lieu and mitigation banking options are severely limited because the state’s regulatory framework does not comply with the U.S.

It has required broad consultation, revised design standards, staunch commitment, and ongoing experiments, but Howard County’s Complete Streets Program has been ranked number one in the nation by Smart Growth America. The policy and design manual, which was developed through discussions with individuals from a wide range of professional and…

The State of Maryland has announced a partnership with the AI company Anthropic and implementation partner Percepta to integrate Anthropic’s Claude AI models into the operations of state agencies. Anthropic will provide Claude AI to workers across state agencies, providing technical support to accelerate the deployment of AI-powered…

An uncommon marriage of retail and self-storage has helped revitalize an old and challenged suburban shopping center. Two months after Greenberg Gibbons acquired the Reisterstown Shopping Center, its anchor tenant — Mars Super Markets — announced it was closing all stores. The 50-year-old center’s occupancy soon plunged to 65 percent.

The One Big Beautiful Bill/Act (OBBB), which was signed into law on July 4, promises to significantly affect the national and local commercial real estate sector with its tax incentives, impact on raising and deploying capital, and favorable approach to Opportunity Zones. At a recent seminar sponsored by Land Services…

The Maryland Department of the Environment has provided advance notice of proposed revisions to the state’s stormwater management regulations and stormwater design manual.  Written comments on the advance-notice version of the draft regulations and design manual will be accepted through December 19, 2025. The advance notice comment period is…

As the federal government shutdown reaches the one-month mark, commercial real estate professionals are assessing the closure’s current and potential impacts on the CRE sector. Maryland is positioned to incur some of the biggest impacts in the country. The federal government is the single largest employer in the state…

The addition of a pickleball venue helped Carroll County reach an impressive milestone: less than one percent vacancy in warehouse/industrial product. Earlier this year, PickleRage signed a 31,000-square-foot lease at the Londontown Business Center in Eldersburg, taking another large space off the market and helping drop the vacancy rate. By…