News

  • Brand competition drives major upgrades in car dealerships

    Brand competition drives major upgrades in car dealerships

    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…

  • Mentors, time management and the importance of asking questions

    Mentors, time management and the importance of asking questions

    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…

  • Working group considers new climate policy recommendations

    Working group considers new climate policy recommendations

    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…

  • Predictions on possible interest rate cut and market impact

    Predictions on possible interest rate cut and market impact

    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…

  • Healthcare real estate faces new funding challenges

    Healthcare real estate faces new funding challenges

    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…

  • Ways and Means Committee launches study on land value taxation

    Ways and Means Committee launches study on land value taxation

    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…

  • SCIF market faces strong demand, changing requirements

    SCIF market faces strong demand, changing requirements

    The traditional office market may be wrestling with diminished demand and heightened costs, but one submarket – the Sensitive Compartmented Information Facility (SCIF) market – is enjoying strong demand while tackling new requirements for technological advances. A growing trend in SCIF projects is integrated design:…

  • In Memoriam – Richard M. Alter and Craig M. Smith

    In Memoriam – Richard M. Alter and Craig M. Smith

    NAIOP Maryland, together with the Baltimore business and real estate communities, mourns the recent passing of Richard M. Alter (81) and Craig M. Smith (82). Richard Mark Alter Alter joined Manekin, LLC in 1971. Appointed as President and CEO in 1987, Alter oversaw all operations and development activities for…

  • Internship Program highlights Baltimore’s opportunities for the next generation workforce

    Internship Program highlights Baltimore’s opportunities for the next generation workforce

    Tom Burton, Senior Managing Director and Chief Investment Officer for ABR Capital Partners and Charlie Fenwick, Managing Director of Cushman & Wakefield, created the idea of Charm City Interns five years ago with a singular mission: showcase the outstanding real estate career opportunities available to young professionals in the Baltimore…

  • Michael Tait recognized with National NAIOP DL Award

    Michael Tait recognized with National NAIOP DL Award

    Michael Tait, Leasing Representative, St. John Properties, Inc., has been named 2025 NAIOP National Developing Leader of the Year. Tait is one of only four other members among the nearly 60 NAIOP chapters to be awarded the honor this year. The National Developing Leader of the Year is awarded to…