News

  • 5,000 sunflowers, 360 plants, 100 volunteers and gallons of sweat at Community Service Day

    5,000 sunflowers, 360 plants, 100 volunteers and gallons of sweat at Community Service Day

        More than 100 volunteers rolled up their sleeves to help The 6th Branch (T6B), a veteran-led 501(c)3 organization, and the New Broadway East Community Association install a vibrant four-season landscape on Friday, May 14, 2021. The project that will reap many benefits, including better soil quality, stormwater filtration,…

  • Rising adoption of construction technology creates new prospects for CRE developers

    Rising adoption of construction technology creates new prospects for CRE developers

    Construction has often lagged behind other industries in embracing new technologies. But a confluence of circumstances – a pandemic, supply chain disruptions, rising material prices and labor shortages – could accelerate adoption, presenting builders and developers with a few learning curves and a few opportunities. That’s one conclusion of Andrew…

  • Industrial market faces unprecedented opportunities and possible obstacles

    Industrial market faces unprecedented opportunities and possible obstacles

    Investor interest, tenant demand and business fundamentals remain at record high levels for industrial real estate in Maryland, according to real estate experts. To sustain growth in the sector, however, Maryland may soon have to address several challenges. “If I needed to choose one word to describe the state of…

  • Maryland proceeds with building decarbonization study and energy transition plan

    Maryland proceeds with building decarbonization study and energy transition plan

    The Maryland Department of Environment (MDE) has hired Environment and Energy Economics (E3) to study least-cost approaches to reducing carbon emissions from buildings. The firm has been advising Maryland on its greenhouse gas reduction strategies since 2018 and has consulted for the California Air Resources Board, New York State, Oregon,…

  • Merritt Properties revving up former GM facility in White Marsh

    Merritt Properties revving up former GM facility in White Marsh

    Photo credit: Maximilian Franz Another long-dormant Baltimore-area manufacturing plant — once brimming with blue collar workers who toiled each day to make a hard-earned living for their families — is scheduled to be transformed into a vibrant multi-tenanted business community to meet the emerging real estate demands of area companies.  …

  • Baltimore City comeback starts with Harborplace revival

    Baltimore City comeback starts with Harborplace revival

    While expressing optimism about the future of Baltimore City, a panel of real estate experts explained that workers need to return to their offices, consumers still value brick-and-mortar locations and Harborplace remains a critical piece to any long-term revival downtown. The panel, part of the Baltimore Business Journal’s Best in Real Estate…

  • Experiential retail, quick-service restaurants and attractions expected to thrive post COVID-19 

    Experiential retail, quick-service restaurants and attractions expected to thrive post COVID-19 

    Quick-service restaurants (QSR), retailers that offer unique experiences and local attractions that cater to people who aren’t traveling yet are all positioned for success. Those were among the observations presented at a recent webinar sponsored by Placer.ai that examined the state of retail, approximately one year after the start of COVID-19.  …

  • Multiple bills impacting CRE decided in last hours of 2021 General Assembly session

    Multiple bills impacting CRE decided in last hours of 2021 General Assembly session

    On Monday the Maryland General Assembly finished a session shaped by urgent efforts to accelerate the COVID-19 recovery, initiate social justice reforms, restore the Chesapeake Bay and mitigate the effects of climate change.  The NAIOP Maryland legislative committee carried 268 bills on its bill list – more than…

  • Pandemic impacts how laws are made in Maryland

    Pandemic impacts how laws are made in Maryland

    Pandemic protocols changed more than the physical operations of the General Assembly during its 2021 session. It profoundly changed the nature of debate and review around individual bills and critical issues. Maryland is fertile ground for adventurous policy ideas and has always attracted attention from national non-profits seeking to implement…

  • Several factors boost self-storage sector

    Several factors boost self-storage sector

    The self-storage sector has emerged as one of the strongest and most resilient real estate categories, due partly to life-cycle events among large demographic groups, an especially strong housing market and increased self-storage use by retailers and employers.   Klein Enterprises, in a partnership with Morningstar Storage, operates this self-storage facility in Severn. Life-cycle events, including divorce and…