News
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Playgrounds and lush gardens spur new activity in Inner Harbor
January 5, 2022Could a swath of lush landscaping and play areas ‘flip the script’ on the troubled Inner Harbor? Partners in the Rash Field redevelopment project hope Baltimore’s newest urban park could stir new vitality in the Inner Harbor and benefit area residents, workers and property owners. Photo courtesy of…
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Although direct-to-consumer (DTC) brands such as Allbirds, Casper and The Farmer’s Dog continue to make significant market share inroads, traditional retailers still place an extremely high premium on their brick-and-mortar presence. But experts who participated in the “Real Estate Trends to Track” webinar sponsored by Commercial Observer, suggest usage of…
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Serendipitous encounters, proximity bias fuel comeback for CBD offices
December 15, 2021Some of the same characteristics that drove office employees away from office space located in central business districts during the pandemic will also spur a large-scale return. Increasingly, workers want to be back in environments where they can experience serendipitous encounters and opportunities to collaborate or socialize with colleagues. Heightened…
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NAIOP Maryland elects new slate of officers
December 15, 2021John Hermann and Jim Lighthizer John Hermann, Vice President, Asset Management/Leasing for Corporate Office Properties Trust, has been elected President of NAIOP Maryland. Additional officers include Kate Jordan, Principal, Lee & Associates | Maryland as President-Elect; Sean Doordan, Senior Vice President, Leasing & Acquisitions, St. John Properties as…
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Word on the Street: Hubquarters
December 15, 2021New terms are added to the commercial real estate vernacular on a near-daily basis. At the NAIOP Maryland Holiday Party, we asked several participants to provide their definition of the “hubquarters” concept. Here are their answers, with the actual definition below. “The headquarters of a particular company is…
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Shipping delays and higher spending expected this holiday season
December 1, 2021The 2021 holiday season appears to be blending some traditional shopping patterns with some mid-pandemic changes. Consumers are expected to return en masse to traditional retail venues, spend more and make purchases earlier this year to avoid shipping delays. That has consequences for retailers. Black Friday — coined for the…
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Special session to consider Congressional redistricting
December 1, 2021On December 6th, the Maryland General Assembly will convene in a special session to consider redistricting the state’s eight Congressional election districts. After each 10-year census, Congressional and state legislative districts are redrawn to reflect population changes. A legislative advisory panel, co-chaired by the Senate President and House Speaker, endorsed…
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Cluster of developments offers hope for West Side revival
December 1, 2021Although they have been vacant for decades, located in a blighted neighborhood and repeatedly dismissed as an impossible development project, a cluster of buildings near Howard and Lexington constitutes “a once in a lifetime opportunity to help advance the revitalization of the west side.” That’s the view of Jayson Williams,…
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Baltimore’s Urban Paradox
November 17, 2021Excited about cranes, concerned about crime It’s Baltimore’s version of a Tale of Two Cities. One set of news headlines celebrates massive, ongoing investment in Port Covington, Harbor East, Harbor Point, Penn Station, Lexington Market and other developments in the heart of the city. Other headlines and quieter discussions raise…
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Industry Roundtable: Architects
November 17, 2021Joseph Mayer, Principal, J. Mayer Architects; Sandy Sawicki, Vice President, Interior Design, JMT Architecture and Scott Vieth, Principal, Design Collective recently gathered to discuss how their firms are reacting and presenting solutions to changes in the workplace, emerging trends including employee input requesting healthier indoor environments; the overall reimagining…