News

  • It’s Showtime! Developments aim to create entertainment hub in Baltimore

    It’s Showtime! Developments aim to create entertainment hub in Baltimore

    Redevelopment has kicked off at the CFG Bank Arena in Baltimore. Image courtesy of The Oak View Group. In case the prospect of seeing Bruce Springsteen, Janet Jackson, Lizzo or other superstars perform in Baltimore doesn’t excite you, consider a few numbers instead. Current investment…

  • General Assembly to debate taxes, decarbonization, and land preservation

    General Assembly to debate taxes, decarbonization, and land preservation

      Minimum wage increases, gun control, abortion rights and recreational marijuana will be headline issues for the 2023 session of the Maryland General Assembly. During the 90-day session, lawmakers will also focus on a number of other areas of direct importance to commercial real estate, including…

  • Developers weigh the value of C-PACE

    Developers weigh the value of C-PACE

    Along Key Highway in Locust Point, crews are erecting a 15,000-square-foot commercial building which is pre-leased and slated to become a Goddard School this spring. Developer Goodier Properties financed $800,000 of the $6 million project through C-PACE, the Commercial Property Assessed Clean Energy funding program.

  • Industry Roundtable: An Economic Outlook

    Industry Roundtable: An Economic Outlook

    Impending recession expected to be grinding, enduring and especially difficult for Class B and C office space. With all signs pointing to an economic recession — presumably arriving mid-year or Q3 — how can the commercial real estate community best plan for this event? Recessions cause hardships, but there may…

  • Industrial outdoor storage settles into sustainable growth pattern

    Industrial outdoor storage settles into sustainable growth pattern

    On an 80-acre site in Cecil County, the first cars in a planned delivery of 10,000 vehicles have started arriving at a newly created industrial outdoor storage (IOS) facility. Developed by Greenspring Realty Partners, the Insurance Auto Auctions facility demonstrates both the continued high demand for IOS space in Maryland…

  • Industry Roundtable: Commercial office leasing

    Industry Roundtable: Commercial office leasing

    Developers, building owners and brokers alike have been nervously awaiting the potential fallout and impact on future leasing activities as employees finally return to traditional and more normalized workplaces in a post-pandemic world, and companies reassess their future space needs. Early reports have been promising as remote-only and hybrid work…

  • State policy makers present daunting path to 2031 decarbonization goal

    State policy makers present daunting path to 2031 decarbonization goal

    Faced with an ambitious new schedule for reducing Maryland’s greenhouse gas (GHG) emissions, leaders across multiple industries are warning that even aggressive implementation plans – which would dramatically decarbonize transportation, buildings and the electric grid – will fail to meet the state’s 2031 GHG goal. Previously, Maryland was working towards…

  • Building health: How the right office can help medical practices thrive

    Building health: How the right office can help medical practices thrive

    Across from a retail center in Columbia, Goodier Properties has found a vibrant new role for a cluster of suburban office buildings. This summer, Goodier purchased a six-building, 250,000-square-foot property with a 35 percent vacancy rate on Old Dobbin Lane and embarked on a plan to transform it into a…

  • Could new codes regulate buildings’  embodied carbon?

    Could new codes regulate buildings’ embodied carbon?

    Code officials, design experts, developers and activists are grappling with a new challenge in the effort to decarbonize buildings: how to address embodied carbon in building and energy codes. In a paper released earlier this year, ASHRAE announced its position that the global built environment must halve its 2015 greenhouse…

  • Supply chain is less turbulent but challenging

    Supply chain is less turbulent but challenging

    After two tumultuous years and an especially challenging period this spring, the construction supply chain appears — finally — to be settling into some more regular routines. For developers and builders, that shift is providing a little more stability but very little relief. The good news from the supply chain…