News

Rising interest rates, construction materials costs, tenant improvement expenses and higher vacancy rates among commodity office buildings in the suburbs have encouraged economists and real estate professionals to dub 2023 as “the year of increases.” When combined with the enduring work-from-home dynamic and talk of a possible recession arriving later…

Cyberattacks can wreak long-term havoc on all industries, including the commercial real estate sector, with higher-profile companies increasingly susceptible to security breaches that can cause both economic loss and reputational damage. With the frequency and complexity of these instances growing, IT experts are urging companies to safeguard their assets by…

Stepping before a sold-out, 14,000-person audience this Friday, Bruce Springsteen and the E Street Band will kick off what developers hope will be glorious new days for an old Baltimore arena. Following 10 months of fast-track renovation, the Oak View Group has completed a $250 million transformation…

The Maryland General Assembly moved more than 700 bills before the 69th-day crossover deadline and has headed into the stretch run of the 2023 Session. The crossover deadline serves as the cut-down date for legislation. By that date, the House and Senate need to pass bills in order…

Despite slower growth in e-commerce, increasing land shortages and high interest rates, panelists at the recent Bisnow Mid-Atlantic Industrial Summit remain extremely optimistic about the industrial/warehouse asset class in the local sub-market. “End-user demand continues to be very strong and industrial/warehouse buildings are still the darling of the real estate…

Conceptual images of the Grandview which is pending approval and subject to change. Images courtesy of Erickson Senior Living. On the site of the former Marriott International headquarters, Erickson Senior Living is planning a new kind of addition to a bustling live-work-play environment. The Grandview…

Dramatic changes to how, when and where employees engage in work over the past several years have added increased pressure on company leaders and real estate human resource professionals to support their hard-earned corporate culture, maintain a sense of fairness in the workplace and recruit and retain the best talent…

As you click through overlays on a digital map, the expanse of insights pop up in colored areas generated by data analytics. Today’s data analytics tools will show demographics by U.S. Census block: total population, median income, median age, education levels and job categories. But then there is so much…

A heated debate in Harford County about a proposed 5.2 million sf industrial development has brought a new policy question to the forefront: Have large, modern warehouses evolved beyond a reasonable definition for light industrial? For well over a year now, Chesapeake Real Estate Group (CREG) has been dealing with…

The Maryland General Assembly has crossed the midpoint of its 2023 session. After a somewhat slow start, by the 41st day of the 90-day session, more than 2,200 bills had been introduced many with important implications for commercial real estate. A select list of bills that are a high priority…