News
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Green thumbs needed for Community Service Day
March 17, 2021The NAIOP-MD Community Service Committee is in need of approximately 100 volunteers with green thumbs (additional finger colors are also welcome) to participate in a half-day event with The 6th Branch (T6B) on Friday, May 14 beginning at 9 am. Activities in “The Fields of Color” initiative, to benefit the New Broadway East Community, will include tilling existing fields,…
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As the great work-from-home experiment extends past its one-year anniversary, workers have made adjustments to their environment and schedules and are becoming increasingly comfortable viewing the WFM model as a viable long-term solution. To counteract this trend and lure more workers back to the traditional office setting, landlords are urged to design a…
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“How I … arranged a sublease in less than one week”
March 3, 2021By Gail Chrzan, Senior Vice President, Blue and Obrecht Realty, LLC The Maryland Chapter of the Cystic Fibrosis Foundation was staging a gala with the Governor of Maryland in three days, when a water line in their office broke and destroyed everything. The non-profit group was in immediate need of…
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While online shopping is clearly driving growth in the industrial property market, a fledgling industry in Maryland – offshore wind energy – is also creating new demand for industrial space. During a recent webinar hosted by the Building Congress & Exchange, Brady Walker, Mid-Atlantic Market Manager for Ørsted, discussed some of the real estate and…
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With no eligible forest mitigation banks remaining in Montgomery County, the Maryland Park and Planning Commission is leading a legislative effort in Annapolis to reverse an Attorney General’s opinion that state law does not allow forest mitigation banks to be created from existing forest. In October 2020, Maryland Attorney General Brian Frosh issued an opinion that concluded, in part, that acquisition of credits in a “forest retention bank” that preserves existing forest does not qualify as mitigation under…
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If You Ask Me…
February 17, 2021What creative new uses are starting to infiltrate retail centers? Trish PalumboDirector of LeasingKlein Enterprises “We are seeing creative buy and sell boutique concepts, a.k.a. consignment shops, with a twist or two, including the sale of new and used merchandise and a combination of two or more product categories. One…
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Baltimore among mid-size cities seeking post-pandemic relevance
February 17, 2021Businesses and residents took flight from major cities as the impact of the pandemic set in, to escape crowded buildings and streets. Now, Baltimore is among the many mid-sized cities searching for compelling ways to lure people back. This topic was recently addressed by civic and educational leaders during the…
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Vision, incentives and major construction move Aviation Station forward
February 17, 2021On the site of a massive, abandoned aircraft manufacturing plant, developer Jonathan Ehrenfeld’s passion project appears to be generating opportunities and challenges in nearly equal magnitude. Photo courtesy of Blue Ocean The President and CEO of Blue Ocean is redeveloping the former Glenn L. Martin Company plant in Middle River.
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Anne Arundel County Executive Steuart Pittman’s request for authorization from the General Assembly to impose a transfer tax surcharge drew opposition this week from NAIOP Maryland and other real estate groups. Proceeds from the tax surcharge on real estate valued at more than $1 million would be earmarked for affordable…
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Climate legislation proposes zero energy construction, deep energy retrofits for existing buildings
February 3, 2021Following the lead of Boston, New York, Seattle, Washington D.C., London, Vancouver and other gateway cities around the world, the General Assembly is considering legislation that makes major changes to energy use in new and existing buildings. The Climate Solutions Now Act, Senate Bill 414, would set performance standards…