News

  • Baltimore City comeback starts with Harborplace revival

    Baltimore City comeback starts with Harborplace revival

    While expressing optimism about the future of Baltimore City, a panel of real estate experts explained that workers need to return to their offices, consumers still value brick-and-mortar locations and Harborplace remains a critical piece to any long-term revival downtown. The panel, part of the Baltimore Business Journal’s Best in Real Estate…

  • Experiential retail, quick-service restaurants and attractions expected to thrive post COVID-19 

    Experiential retail, quick-service restaurants and attractions expected to thrive post COVID-19 

    Quick-service restaurants (QSR), retailers that offer unique experiences and local attractions that cater to people who aren’t traveling yet are all positioned for success. Those were among the observations presented at a recent webinar sponsored by Placer.ai that examined the state of retail, approximately one year after the start of COVID-19.  …

  • Multiple bills impacting CRE decided in last hours of 2021 General Assembly session

    Multiple bills impacting CRE decided in last hours of 2021 General Assembly session

    On Monday the Maryland General Assembly finished a session shaped by urgent efforts to accelerate the COVID-19 recovery, initiate social justice reforms, restore the Chesapeake Bay and mitigate the effects of climate change.  The NAIOP Maryland legislative committee carried 268 bills on its bill list – more than…

  • Pandemic impacts how laws are made in Maryland

    Pandemic impacts how laws are made in Maryland

    Pandemic protocols changed more than the physical operations of the General Assembly during its 2021 session. It profoundly changed the nature of debate and review around individual bills and critical issues. Maryland is fertile ground for adventurous policy ideas and has always attracted attention from national non-profits seeking to implement…

  • Several factors boost self-storage sector

    Several factors boost self-storage sector

    The self-storage sector has emerged as one of the strongest and most resilient real estate categories, due partly to life-cycle events among large demographic groups, an especially strong housing market and increased self-storage use by retailers and employers.   Klein Enterprises, in a partnership with Morningstar Storage, operates this self-storage facility in Severn. Life-cycle events, including divorce and…

  • Could nature-focused design revitalize commercial spaces?

    Could nature-focused design revitalize commercial spaces?

    After witnessing a year of Americans isolating, distancing and generally feeling uneasy about sharing indoor spaces, some developers believe biophilic design could help revive workplaces and public spaces in the post pandemic world.   COPT was in the midst of designing its Wayline building on Columbia Gateway Drive when the pandemic began. Although Wayline was already envisioned as an office…

  • COVID-19 pandemic accelerated retail trends already in motion

    COVID-19 pandemic accelerated retail trends already in motion

    The new normal in the retail real estate environment is complex. It includes the Darwinian nature of shopping malls, the casualization of America and the move to omni-channel marketing among retailers – three trends that were accelerated during, rather than caused by, the COVID-19 pandemic. Consumers facing shelter-in-place and work-from-home orders had no choice than to turn to…

  • Landlords urged to collaborate with tenants when reopening workplaces

    Landlords urged to collaborate with tenants when reopening workplaces

    Landlords need to continually gather input from and work closely with tenants, as well as utilize the latest technology as they implement protocols to reopen the workplace. Most importantly, as guidance from real estate and health organizations changes and new cleaning processes are introduced, building owners need to remain as transparent as possible. That…

  • General Assembly to decide enforceability of personal liability clauses in commercial leases

    General Assembly to decide enforceability of personal liability clauses in commercial leases

    The 2021 Maryland General Assembly session will be remembered, in part, for the extraordinary steps taken to legislate landlord tenant issues in the wake of the unprecedented interventions taken through executive order at the height of the COVID-19 emergency. Although the Assembly focused most of its legislative effort on residential leases, during the closing days of the session the Maryland House and Senate will decide the enforceability of personal liability clauses related to commercial leases.   House Bill…

  • Thought leaders propose “Building a Better Baltimore”

    Thought leaders propose “Building a Better Baltimore”

    From left to right: Scooter Monroe; Jason Schwartzberg; Owen Rouse Support for high-tech workers, urgent action by political leaders, better branding, equitable transportation and more assistance to local businesses: Those were some of the initiatives proposed during a NAIOP-MD roundtable discussion about “Building a Better Baltimore.”  The March-April issue of …