News

Photos courtesy of Steve Adams, AAEDC. New commercial permits in Anne Arundel County posted striking gains in the second quarter, due largely to strong activity in retail, restaurant and mixed-use properties, according to the Anne Arundel County Economic Development Corporation (AAEDC). New commercial permits rose 75 percent…

Anne Arundel County Executive Stuart Pittman is looking to expand the county’s adequate public facilities (APF) requirements to include bicycle, pedestrian and transit infrastructure. Pittman has introduced Council Bill 81-25, which would replace the existing Bicycle, Pedestrian and Transit Assessment (BPTA) with an expanded APF test and mitigation requirements…

During the go-go days of the warehouse/industrial market, which peaked in 2021 and 2022, developers seemingly could not construct buildings large enough and fast enough to satisfy the requirements of end-users. The real estate industry, however, is cyclical and now, the industrial market is seeing the rise of a new…

The Maryland Department of Environment (MDE) has extended the deadline for the owners of covered buildings to submit energy benchmarking data under the state’s Building Energy Performance Standard (BEPS). MDE will now consider benchmarking reports timely if submitted by September 30, 2025. If additional time is needed beyond September 30th,…

From European furniture, fresh design styles and upscale guest lounges to lighting packages that don’t cast shadows on the merchandise, more car dealerships are striving to become exceptional retail properties. Earlier this year, three car dealership construction/renovation projects — Acura Hunt Valley, King Kia in Laurel and…

An intimate and extremely curious gathering of Developing Leaders (professionals 35 years of age and younger) participated at the recent “Morning with Mentors” breakfast event, held at the corporate offices of MOI. Pictured left to right: Brendan Gill, MacKenzie Ventures; Liz Allison, Merritt Properties; Kate Jordan, Lee…

The Maryland Commission on Climate Change, Mitigation Working Group (MWG) has released its 2025 draft policy recommendations intended to make progress toward Maryland’s aggressive climate mitigation goals. Emissions from cars, trucks, and other modes of transportation are the second largest source of greenhouse gas emissions in Maryland. Sluggish electric vehicle…

After lowering interest rates several times last year, an action that ended an inverted yield curve scenario, the Federal Reserve has held the line thus far in 2025, much to the chagrin of the commercial real estate community. That stance might be changing at next month’s Federal Open Market Committee’s…

Two large, looming changes to Maryland’s healthcare system may heighten the need for efficient space, strategic siting and creative real estate financing in the next few years. To better respond to current and anticipated challenges in medical real estate needs, MacKenzie Commercial Real Estate Services has established a Healthcare Services…

This summer, the Maryland House Ways and Means Committee, chaired by Delegate Vanessa E. Atterbeary (Vice‑Chair Delegate Jheanelle K. Wilkins), is conducting a summer study on Land Value Taxation to investigate the implications of granting Baltimore City the authority to overhaul its property tax system using a Land Value Taxation model. Variations…