News

  • General Assembly aims to pass transformational bills in 2022 session

    General Assembly aims to pass transformational bills in 2022 session

    The 2022 Maryland General Assembly will convene January 12th for an election year legislative session led by the majority’s urgent interest in finishing the four-year term with a transformational legislative package focused on climate mitigation and environmental justice. Broadening the aggressive legislative scope is a windfall of $6 billion in…

  • Playgrounds and lush gardens spur new activity in Inner Harbor

    Playgrounds and lush gardens spur new activity in Inner Harbor

    Could a swath of lush landscaping and play areas ‘flip the script’ on the troubled Inner Harbor? Partners in the Rash Field redevelopment project hope Baltimore’s newest urban park could stir new vitality in the Inner Harbor and benefit area residents, workers and property owners. Photo courtesy of…

  • Despite rise of DTC brands, retailers value brick-and-mortar presence

    Despite rise of DTC brands, retailers value brick-and-mortar presence

    Although direct-to-consumer (DTC) brands such as Allbirds, Casper and The Farmer’s Dog continue to make significant market share inroads, traditional retailers still place an extremely high premium on their brick-and-mortar presence. But experts who participated in the “Real Estate Trends to Track” webinar sponsored by Commercial Observer, suggest usage of…

  • Serendipitous encounters, proximity bias fuel comeback for CBD offices

    Serendipitous encounters, proximity bias fuel comeback for CBD offices

    Some of the same characteristics that drove office employees away from office space located in central business districts during the pandemic will also spur a large-scale return. Increasingly, workers want to be back in environments where they can experience serendipitous encounters and opportunities to collaborate or socialize with colleagues. Heightened…

  • NAIOP Maryland elects new slate of officers

    NAIOP Maryland elects new slate of officers

    John Hermann and Jim Lighthizer John Hermann, Vice President, Asset Management/Leasing for Corporate Office Properties Trust, has been elected President of NAIOP Maryland. Additional officers include Kate Jordan, Principal, Lee & Associates | Maryland as President-Elect; Sean Doordan, Senior Vice President, Leasing & Acquisitions, St. John Properties as…

  • Word on the Street: Hubquarters

    Word on the Street: Hubquarters

    New terms are added to the commercial real estate vernacular on a near-daily basis. At the NAIOP Maryland Holiday Party, we asked several participants to provide their definition of the “hubquarters” concept.  Here are their answers, with the actual definition below.   “The headquarters of a particular company is…

  • Shipping delays and higher spending expected this holiday season

    Shipping delays and higher spending expected this holiday season

    The 2021 holiday season appears to be blending some traditional shopping patterns with some mid-pandemic changes. Consumers are expected to return en masse to traditional retail venues, spend more and make purchases earlier this year to avoid shipping delays. That has consequences for retailers. Black Friday — coined for the…

  • Special session to consider Congressional redistricting

    Special session to consider Congressional redistricting

    On December 6th, the Maryland General Assembly will convene in a special session to consider redistricting the state’s eight Congressional election districts. After each 10-year census, Congressional and state legislative districts are redrawn to reflect population changes. A legislative advisory panel, co-chaired by the Senate President and House Speaker, endorsed…

  • Cluster of developments offers hope for West Side revival

    Cluster of developments offers hope for West Side revival

    Although they have been vacant for decades, located in a blighted neighborhood and repeatedly dismissed as an impossible development project, a cluster of buildings near Howard and Lexington constitutes “a once in a lifetime opportunity to help advance the revitalization of the west side.” That’s the view of Jayson Williams,…

  • If You Ask Me…

    If You Ask Me…

    “What new leasing trends are emerging as companies consider returning to the office?”   Joe Bradley Senior Vice President and Principal MacKenzie Commercial Real Estate Services “What started as a fad has gained relevance as many adopt a hybrid work model; however, we anticipate the use…