News

The Town of Sykesville has started implementing an award-winning plan to boost charm, accessibility, public uses and commercial activity in its downtown. This fall, the Maryland Chapter of the American Planning Association (APA MD) named the Sykesville Downtown Improvement Project as the winner of its 2024 Neighborhood Revitalization Award.

Despite requiring reductions in emissions and energy use in a billion square feet of commercial and multifamily buildings, Maryland’s Building Energy Performance Standards (BEPS) will not be enough to meet the state’s 2031 climate goals. Maryland and other leading climate states, supported by federally funded non-profit organizations, are developing a…

Members of the Maryland House of Delegates are preparing to reintroduce the “Better Buildings Act,” which would ban the use of fossil fuels for water and space heating in new construction and major renovations, mandate a glide path to zero energy buildings as well as installation of…

More than 20 NAIOP-MD Developing Leaders got into the holiday spirit early by volunteering their time at The Salvation Army of Central Maryland in late November. The group gathered in Baltimore City to sort and pack more than 1000 toys and stockings, which will be distributed to Maryland children and…

A pair of major developments on opposite sides of downtown Baltimore are striving to support growth of the region’s life sciences/biotech sector. The initiatives, however, face softened market conditions. In November, state and city governments announced a $2.2 million loan package for Connect Labs – 35,000 square feet of pre-built…

Photo courtesy of St. John Properties, Inc. With a diversified economy, growing population and available land, the Salisbury-Wicomico County area is looking like an increasingly attractive market to some commercial real estate professionals. In October, St. John Properties broke ground on its first development in Salisbury, Westwood Commerce…

A week after President-Elect Donald Trump swept the battleground states to take the White House, a Republican majority holds the Senate, and Republicans are close to retaining control of the House of Representatives, although several House races remain too close to call. A Republican federal electoral sweep could set the…

The best time to acquire commercial real assets is “when things are at the bottom” and “that was six months ago.” That was one conclusion delivered by Spencer Levy, CBRE’s Global Client Strategist and Senior Economic Advisor, at NAIOP Maryland’s annual Capital Stack event. Speaking one day…

Photo credit: A.J. Billig & Co. Auctioneers Recent high-profile auctions fetching $4.4 million for One Charles Center, the 23-story office tower formerly owned by Peter Angelos, and $3.2 million for Kevin Spacey’s 9,000-square-foot waterfront condominium received their fair share of media attention. But most auctions don’t command bold…

A coalition – including the National Association of Homebuilders, The Restaurant Law Association, the National Federation of Independent Businesses, the Maryland Building Industry Association, Washington Gas, the Philadelphia-Baltimore-Washington Laborers’ District Council and Teamsters Local 96 – has filed suit in federal court to block Montgomery County’s ban on natural…