News

As the pandemic was still unfolding, retailers were adapting, e-commerce kept surging and concerns grew about inflation and a possible recession. But some CRE professionals embarked on contrarian initiatives and began amassing investment funds to purchase retail properties. Select renovations to Padonia Village attracted a…

After 75 years in the same Baltimore location, Titan Steel Corporation needed to move. The manufacturer of steel and aluminum core products for clients around the world selected a site in Hollander Business Park. Even though the new, 100,000-square-foot, tilt-up concrete building would be designed for industrial use, the project…

The bright red accents, feature staircase, café seating, posh lounge, artful lighting, industrial touches and city views create the feel of a super cool, luxurious and oh so inviting coffee shop. Spark Flex combines coworking and traditional office space with a wealth of amenities, including an inviting…

Higher density, residential development and mall redevelopment are driving growth in the Hunt Valley submarket. Photo courtesy of MacKenzie Commercial Real Estate Services. Somewhere in the mix of leasing contracts, vacancy trends, new construction, renovation projects and shifting activity across product types, developers are seeking to cultivate…

  An “aspirational” plan to guide growth in Baltimore County through the next decade and beyond has some members of the commercial real estate industry asking county officials to provide greater clarity about regulations and more robust tools to support development efforts.  After…

In recent months, there have been promising economic signs with interest rates stabilizing, the debt ceiling debate settled and an ever-increasing number of employees returning to the traditional workplace. Will this cumulatively result in an uptick in commercial leasing activity during the second half of 2023? Or, are companies…

The former Radisson Hotel and Holiday Inn in Baltimore is being transformed into a two-tower, 708-unit multifamily complex with 30,000 square feet of retail. Image courtesy of MacKenzie Commercial Real Estate Services. Rattling off the retail and residential strengths of the Vivo Living development in the Inner…

Gaining entry into, navigating and achieving sustainable success in the commercial real estate industry can be a complicated and intimidating process for young professionals, a situation that became increasingly complex with challenges presented by the pandemic. Alex Mawry, Development/Construction Project Manager for Merritt Properties; Michael Tait,…

In one of the most consequential bills of the 2023 session, the General Assembly approved the first major changes to the Forest Conservation Act since it was enacted in 1991. The 2023 Forest Preservation and Retention Act (SB 526/HB 723) will require developers and local…

From vibrant abstracts and minimalist landscapes to custom-made sculptures, digital displays, graffiti walls, motivational phrases and manipulated drone imagery, art is becoming a more prominent part of the workplace. In an era when employers are struggling to entice workers back to offices and building owners are searching for…