News

After a year of mid-pandemic slowdowns, challenges and uncertainties, Central Maryland’s office market is beginning to revive and adapt. We caught up with several NAIOP-MD members to get their impressions of current trends in office leasing. Leasing Levels While office leasing is not roaring back, it is experiencing heightened activity…

The Biden Administration’s $1.7 trillion proposal to repair the country’s aging infrastructure system takes aim on improving how Americans move around cities and towns, the speed of Internet connections, the quality and availability of energy and water and the enhancement of our nation’s educational institutions. If enacted, the plan is…

    More than 100 volunteers rolled up their sleeves to help The 6th Branch (T6B), a veteran-led 501(c)3 organization, and the New Broadway East Community Association install a vibrant four-season landscape on Friday, May 14, 2021. The project that will reap many benefits, including better soil quality, stormwater filtration,…

Bolder thinking about development and more rigorous analyses of regulations will be needed to help the Anne Arundel County Council achieve its Plan2040 vision of creating healthy, thriving communities. That’s the argument currently being advanced by NAIOP Maryland and others.  Plan2040, the county’s proposed General Development Plan, sets out a policy framework…

On a high-visibility site two miles from Anne Arundel Medical Center, St. John Properties’ decision to build a 100,000-square-foot, LEED Gold, state-of-the-art, medical office building on spec is paying off. In quick succession, St. John announced leases with Maryland Oncology Hematology, Chesapeake Medical Imaging, Chesapeake Urology, Kure Smart Pain Management,…

In Canton, 28 Walker Development is preparing to construct Baltimore’s first mass timber office building. Image courtesy of 28 Walker Development Asked how he feels about leading the first mass timber construction projects in Baltimore City, Chesapeake Contracting Group Vice President Dan Hannon replies, “Excited, beyond your wildest imagination.”  Well…

From left to right: Scooter Monroe; Jason Schwartzberg; Owen Rouse What measures can be taken for Baltimore City to emerge from the pandemic stronger than before?   Scooter Monroe, Vice President, Head of Office Leasing, Weller Development Company; Owen Rouse, Vice President of Investment Sales, MacKenzie Commercial Real Estate Services and Jason Schwartzberg,…

From left to right: Karen Cherry; Abby Glassberg; Elizabeth Allison Karen Cherry, Vice President of Office Leasing, The Howard Hughes Corporation; Abby Glassberg, Principal, NAI KLNB; and Elizabeth Allison (Tarran-Jones), Leasing, Merritt Properties participated in a virtual discussion that examined the current landscape for women in the commercial real estate…

In what is being described as a major and business-friendly shift in development policy, the Montgomery County Council has adopted a Growth and Infrastructure Policy that eliminates moratoria on new developments. The “marquee change” in the new policy which came into effect January 1 and lasts through 2024, is the…

Challenging brownfield projects deliver enormous benefits Harbor Point has transformed 27 acres of land that was undeveloped and unused for years into a vibrant extension of the city. Photos courtesy of Beatty Development. It was a picture-perfect example of industrial blight. Abandoned decades earlier, the hulking factory buildings, industrial furnaces…