News
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Developers harness the power of artful growth
July 22, 2025In the post-Covid world, arts are playing a bigger role in investment decisions and employee retention. Photo courtesy of Howard Hughes. From the $240 million transformation of CFG Bank Arena to the $68 million Performing Arts Center in Columbia to construction of maker spaces, cultural centers, artists flats…
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Maryland grapples with an energy crunch
July 22, 2025A spike in the price of peak-load electricity is fueling discussions about how to contain buildings’ operating costs and options to address Maryland’s energy shortage. Earlier this year, the annual auction for capacity energy — i.e. the cost of maintaining and accessing additional standby power during peak-load hours — produced…
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Thoughtful sustainable features aid projects’ success
July 22, 2025Sustainability goals and requirements can be challenging in construction and renovation projects. But they can also be impressive, effective features that contribute to successful commercial real estate projects. Manufacturing site solutions Photo courtesy of Arium AE. Arium AE served as both the Architect and MEP Engineer for the…
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Pictured from left to right: NAIOP-MD women presidents Abby Glassberg, Principal, KLNB (1998-1999); Dianna Wilhelm, Partner, Wilhelm Business Enterprises (2012-2013); Kate Jordan, Principal, Lee & Associates | Maryland (2024-present) and Cathy Ward, formerly Senior Vice President, Corporate Office Properties Trust (2006-2007). In the 40-year history of NAIOP Maryland,…
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The new 4MLK facility at the UMD Biopark is creating new opportunities to launch high-tech ventures in Baltimore. Photo courtesy of University of Maryland Biopark. Federal and state initiatives around tariffs, taxes, reshoring manufacturing, bolstering high-tech industries or cutting research funding have been claiming headlines. But on quieter…
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Governments put new pressure on office market
May 6, 2025Plans by federal and state governments to shrink their office holdings are creating new challenges for the already troubled office market. In February, the federal government announced its intention to terminate nearly 1,000 office leases nationwide and sell 443 buildings, including 62 in suburban Maryland. The Trump Administration subsequently walked…
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Combing through 2,600 bills to determine possible impacts on the commercial real estate industry and actively tracking, testifying on and lobbying 70 to 90 of them has become standard work of NAIOP Maryland’s Legislative Committee during a General Assembly session. Creating such an extensive, informed and effective legislative operation, however,…
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Edward St. John, Founder and Chairman of St. John Properties, Inc. is recognized as NAIOP Maryland’s longest-tenured member. Since starting the full-service commercial real estate company as MIE Properties, Inc. in 1971, he has presided over the company’s national expansion strategy that now features more than 24 million square feet…
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On a 21-acre site behind M&T Bank Stadium, Chesapeake Real Estate Group (CREG) is preparing to execute a transformation. A series of tear-down projects – including the replacement of the Sun Products plant on Holabird Avenue with 1 million square feet of Class A industrial space – taught…
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Tax bills could pose challenges to CRE industry
March 19, 2025Amid efforts to close a budget deficit, Maryland lawmakers are considering a series of bills that could significantly change the state’s tax environment. Commercial real estate professionals warn those measures could significantly reduce transaction volumes, profit margins and competitiveness of the CRE industry in Maryland. HB 1014, the…