News
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The Anne Arundel County Office of Planning and Zoning (OPZ) has launched the application web portal where interested parties can apply to serve on Stakeholder Advisory Committees for the upcoming Regional Plans. The first round of plans will address Regions 2, 4, and 7. The OPZ website…
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Boston City Council is considering legislation that would transition the city’s existing energy benchmarking and disclosure law to a carbon emissions cap. If passed, Boston would follow London, New York, Washington D.C., St. Louis and the State of Washington in similar efforts to reduce and eventually eliminate carbon emissions from…
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As the Maryland office market begins to recover from the pandemic, commercial real estate owners and brokers are grappling with two immediate challenges – heightened availability of sublet space and escalating construction costs. “Sublet opportunities definitely seem more numerous than pre-pandemic, especially in city locations,” said John Hermann, Vice President,…
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As office workers continue their slow migration back into traditional settings — a process that is expected to accelerate throughout the upcoming summer months — several commercial real estate professionals expressed optimism about the pace of leasing activity throughout the central Maryland region. Work-from-home fatigue, the yearning for employee collaboration…
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COVID-19 disrupted nearly every aspect of retail and landlords and retailers continue to make adjustments to the new way consumers research purchases, interact with their favorite brands and shop. During a recent “Retail’s New Normal” webinar sponsored by Placer.ai, Matt Alexander, Co-Founder and CEO of Neighborhood Goods, and Jessica Boer,…
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In May, the first Developing Leaders event in more than a year was held at WAYLINE, a five-story, 123,000-square-foot building in Columbia Gateway, reimagined by Corporate Office Properties Trust (COPT). This was the perfect project to choose as, prior to the pandemic, COPT was in the midst of incorporating new…
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If You Ask Me…
June 8, 2021“How will your summer vacation plans differ from last year?” David StrousePresident and CEOBirchwood Capital Partners “This summer will absolutely be different! Can’t wait to get back to normal starting with a family vacation on the Delaware shore, eating out and having fun. Plan on adding in as many long…
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Innovation City – Developers, industry experts work to help Baltimore realize its high-tech potential
June 2, 2021While planning Port Covington, a team from Weller Development studied other high-tech centers, including Boston and Silicon Valley. The team tailored development plans to appeal to tech innovators, investors and workers. Early tenants, such as LaunchPort, say City Garage and the Port Covington technology mission could help Baltimore grow its…
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State Circle: State struggles with climate goals, financial constraints in push to decarbonize
June 2, 2021Following the dramatic defeat of a sweeping climate change bill on the final day of the 2021 General Assembly session, stakeholders are trying to determine how to move forward with Maryland’s ongoing debate over how to decarbonize buildings. “The failure of the large, Senate climate bill was emblematic of the…
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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…