News
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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…
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Listening, continuous improvements key to great employers
March 19, 2025At Continental Realty Corporation, employee surveys flagged the need for expanded communication and collaboration. So, the company launched several initiatives, including the Elevate Team Week. Photo courtesy of Continental Realty Corporation. Somewhere in the midst of all the shifting work norms caused by Covid-19, the post-pandemic era, the…
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Industry Roundtable: Recollections from past NAIOP-MD Presidents Richard Manekin (1986-87) & Eric Schrank (1988)
March 19, 2025Throughout NAIOP Maryland’s 40th anniversary year, InSites will be engaging with commercial real estate professionals who played integral roles in shaping the mission of the Chapter as it navigated economic conditions and pressing issues impacting its membership. The inaugural discussion brings together Richard Manekin, who was President in 1986-1987 and…
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Five CRE stories to watch in 2025
January 29, 2025From the interest rate environment, office vacancy levels and shortage of developable land to a new federal administration and the ongoing debate about decarbonizing buildings, the commercial real estate industry may face a dizzying array of challenges and opportunities in 2025. The arrival of a new federal administration and transition…
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Industry Roundtable: Perspectives from the Brokerage Community
January 29, 2025Real estate development companies and brokerage professionals alike are predicting robust activity among all asset classes in the year ahead. NAIOP Maryland sat down with David Fritz, CCIM, SIOR, Principal, KLNB; Matt Laraway, Senior Vice President, CBRE; and Morgan Wimbrow, Vice President, MacKenzie Commercial Real Estate Services to get their…