News

  • If you ask me…

    If you ask me…

    What protocols are being installed to prepare for companies returning to the office? Sarah AltManaging DirectorCushman & Wakefield “Cushman & Wakefield has a robust and detailed plan for re-entering the workplace, to include a 34-page document outlining best practices in social distancing, as well as governmental guidelines on…

  • Maintaining investor confidence during COVID-19 requires communication and transparency

    National Real Estate Investor recently sponsored a webinar, in conjunction with AppFolio Investment Management, to address strategies for maintaining continuity in the commercial real estate industry and to ease investor fears during the COVID-19 crisis. The following are some of the key excerpts of the session, which was led by…

  • Disruption in food-buying habits heightens need for cold storage space

    Disruption in food-buying habits heightens need for cold storage space

    Existing, strong demand for cold storage space is expected to climb even higher as a result of the COVID-19 pandemic. A CBRE report released in April estimates that growing online grocery sales will necessitate the development of 75 million to 100 million square feet of additional industrial freezer/cooler space over…

  • Survey highlights the challenges facing CRE

    Survey highlights the challenges facing CRE

    Not surprisingly, this month’s NAIOP Maryland survey painted the image of an industry facing challenges and uncertainty but holding hope that conditions will improve before too long.  Cash-flow problems created by the COVID-19 crisis are impacting Maryland’s commercial real estate industry in multiple ways. Developers who responded to the survey…

  • NAIOP-MD members and tenants pitch in during COVID-19

    NAIOP-MD members and tenants pitch in during COVID-19

    Several times each week, Abby Glassberg of NAI KLNB travels from her home in Columbia to a large warehouse in Baltimore City to complete a four-hour evening shift assembling face shields to support medical professionals within the Johns Hopkins Medical System. A self-described “morning person,” Abby has worked the evening…

  • Crews transform convention centers, office buildings into medical facilities

    Crews transform convention centers, office buildings into medical facilities

    They have been described as urgent acts of adaptive re-use. Around the country, property owners, architects, engineers, builders and emergency response professionals have been working to convert convention centers, hotels, dormitories, parking garages, office buildings, empty retail space  and open air sites into field hospitals, testing sites, quarantine centers and…

  • Maryland officials crafting a roadmap to safely restart the economy

    Maryland officials crafting a roadmap to safely restart the economy

    Sometime next week, Governor Larry Hogan expects to unveil a roadmap for restarting Maryland’s economy. But during a press conference Wednesday afternoon, Hogan stressed that the decision to reopen the economy will be more difficult than last month’s decision to close it down. Maryland officials are seeing “hopeful signs” that…

  • Bill would give Howard County, tenant associations greater options to buy apartment buildings

    Bill would give Howard County, tenant associations greater options to buy apartment buildings

    Apartment complex owners in Howard County will have to give county agencies and tenant associations the first right of refusal before selling their properties if a bill currently before the Howard County Council is passed. Council Bill 13-20 introduced by Councilwoman Christiana Rigby echoes legislation passed in Montgomery County…

  • CRE firms face hurdles to making business interruption insurance claims

    The widespread shutdown of operations within commercial properties and the looming problems with collecting rent from idled tenants has left some CRE companies wondering if they might get some financial relief through the business interruption provision of their insurance policies. During a NAIOP webinar this week, George Pincus – Shareholder…

  • Navigating the COVID-19 Exec Orders and Guidance

    Navigating the COVID-19 Exec Orders and Guidance

    Governor Hogan Delivers a COVID-19 Press Conference on March 30. Photo: Office of the Maryland Governor The Governor’s evolving Executive Orders and guidance regarding essential business functions are meant to be read together so following the changes can be a challenge. Construction and supporting professional services remain essential business functions…