News

  • Food, wellness, and technology impacting retail sector

    Food, wellness, and technology impacting retail sector

    The pandemic-fueled grocery store high may be wearing off, but emerging wellness brands are expected to fill shopping center vacancies and new technology continues to drive retail sales. Those were a few of the insights provided during the “Retail Q3 Update: Trends and Tactics to Watch” webinar jointly sponsored by…

  • MDE considering changes to stormwater requirements

    MDE considering changes to stormwater requirements

    The Maryland Department of Environment (MDE) has circulated its first public draft of revised stormwater regulations that incorporate updated rainfall data and require significant expansion of management practices to address runoff from higher-intensity, short-duration storms. The changes were initiated by legislation passed by the General Assembly in 2021 which required…

  • Sabbaticals show the widespread benefits of downtime

    Sabbaticals show the widespread benefits of downtime

    As he stepped back into his office for the first time in a month, Aaron Weir was confronted with a whole new environment. Coworkers had erected walls around his desk and decorated the new work cubby to resemble the inside of a winery. The rest of the room was transformed…

  • Parking, amenities, waterfront buoy Anne Arundel market

    Parking, amenities, waterfront buoy Anne Arundel market

    The Anne Arundel County commercial real estate market continues to perform much better than its neighboring jurisdictions – particularly Baltimore City and Washington, D.C. – due partly to plentiful free parking, necessary amenities, and the allure of the Annapolis waterfront. That was the consensus of several brokers and developers participating…

  • State budget outlook warns of significant deficits

    State budget outlook warns of significant deficits

    A report from the Department of Legislative Services on the financial condition of the state warns of budget shortfalls “necessitating significant spending reductions and/or increased revenues” by 2028. Maryland closed out 2022 with a budget fund surplus of $5.4 billion. The report attributes the healthy balance sheet…

  • Word on the Street: Harborplace

    Word on the Street: Harborplace

    What is the highest and best use for Harborplace?   “I would like to see a mixed-use attraction that not only sparks and rekindles tourism but can also be sustainable and endure economic cycles. I understand it cannot be all retail or all multifamily but, rather, a…

  • CRE community comes through in Leukemia and Lymphoma fundraiser

    CRE community comes through in Leukemia and Lymphoma fundraiser

    Bill Barroll had a bold, fundraising plan. Unbeknownst to the Chief Business Officer and Managing Senior Vice President for Corporate Office Properties Trust (COPT), Karen Cherry had a similar plan with the potential to completely derail his strategy. Instead, the two NAIOP MD board members together set a fundraising record…

  • State begins studying decarbonization incentives

    State begins studying decarbonization incentives

    On June 29th, the Maryland Department of Environment (MDE) and the Maryland Energy Administration (MEA) kicked off a crucial task force charged with developing incentives and a funding plan for the decarbonization of public and private buildings. The initial meeting focused on existing state and federal building energy and emissions…

  • UMD report proposes pathway to decarbonizing Maryland

    UMD report proposes pathway to decarbonizing Maryland

    The decarbonization goals in the Climate Solutions Now Act will impact every sector of Maryland’s economy. However, exactly how the state will achieve a 60 percent reduction in greenhouse gas (GHG) emissions by 2031 and net zero emissions by 2045 has not been detailed. The Maryland Department of Environment has…

  • CRE industry increasingly highlights the great outdoors

    CRE industry increasingly highlights the great outdoors

    Downtown towers, mixed-use developments and massive industrial buildings may dominate coverage of the commercial real estate industry. But CRE professionals also create gorgeous, public outdoor spaces and that activity has expanded since the pandemic began. Photo courtesy of Frederick Ward Associates, Inc. June…