News

  • Brownfields grant aims to spur economic development

    Brownfields grant aims to spur economic development

    A joint effort by the Environmental Protection Agency (EPA), the Maryland Department of Planning (MDP) and Baltimore County is offering free environmental site assessments (ESAs), technical advisory services and access to other grants and tax incentives to property owners looking to remediate and redevelop brownfields. The effort to spur environmental…

  • State issues recommendations for electrifying buildings

    State issues recommendations for electrifying buildings

    After some delay, the Maryland Codes Administration (MCA) has issued a report on the technologies, timing, and policies necessary to electrify the building sector. Contrary to the Maryland Department of the Environment’s Building Energy Performance Standard, which would mandate an abrupt and arbitrary energy transition, the MCA’s report sets out…

  • Not your grandfather’s parking garage

    Not your grandfather’s parking garage

    Parking garage technology at Parkway Corporation’s Lockwood Garage at Baltimore’s Inner Harbor. When UBER founder Travis Kalanick announced years ago that “with the growing popularity of ride sharing apps and self-driving cars, there won’t be the need for parking lots in the future,” the entire…

  • A select group of presidents shares advice

    A select group of presidents shares advice

    Only four women have served as President of NAIOP Maryland since the Chapter’s founding in 1985, including the recently elected Kate Jordan of Lee & Associates | Maryland. The select group recently gathered in Columbia for a friendly and wide-ranging conversation designed to dole out helpful guidance as Jordan begins…

  • CRE remains major economic driver even as growth slows

    CRE remains major economic driver even as growth slows

    Despite economic challenges, the commercial real estate sector contributed $2.5 trillion to the U.S. GDP in 2023, generated $881.4 billion in personal earnings and supported 15 million jobs. That’s according to 2023 Economic Impacts of Commercial Real Estate study by the NAIOP Research Foundation. In Maryland, the CRE sector contributed…

  • Baltimore Coalition seeks to lower city property tax

    Baltimore Coalition seeks to lower city property tax

    Renew Baltimore – a group of local faith leaders, business owners and economists – is running a petition drive to put a question on November’s ballot that could, if approved, lower city taxes. The Baltimore City property tax rate of $2.25 per $100 of value is notoriously high – more…

  • Building Energy Performance Standards put on hold

    Building Energy Performance Standards put on hold

    The General Assembly committee charged with providing oversight of the regulatory activities of State agencies has officially notified the Maryland Department of Environment (MDE) that it intends to put adoption of the Building Energy Performance Standard regulations on hold. The request by the Administrative, Executive and Legislative Review (AELR) Committee…

  • Uncertainty and costs complicate office leasing

    Uncertainty and costs complicate office leasing

    After months of negotiations and significant concessions from the landlord, Bethany Hobbs was confident she had secured an attractive deal to provide 6,000 square feet of office space to a family-owned company. “We got all the way to docu-sign,” said Hobbs, Vice President of MacKenzie Commercial Real Estate Services. But…

  • What to know about “The Corporate Transparency Act”

    What to know about “The Corporate Transparency Act”

    Could a new, little-noticed, federal law – conceived to block money laundering through LLCs and other legal entities – impact your company’s operations? Bryan Saxton, Real Estate and Corporate Partner at Rosenberg Martin Greenberg, LLP, is recommending commercial real estate business leaders research the Corporate Transparency Act (CTA) to ensure…

  • How should stormwater management adapt to climate change?

    How should stormwater management adapt to climate change?

    A state proposal to double the amount of stormwater treated on development sites using small-scale infiltration practices is flawed, according to analysis by stormwater practitioners. In response to more frequent and intense storm events, the General Assembly passed legislation in 2021 requiring the Maryland Department of the…