News

The Maryland Court of Special Appeals heard oral arguments October 1, 2020 in the case of Shelter Senior Living IV LLC. v. Baltimore County, Md. The hearing was part of an appeal of rulings by the Maryland Tax Court and Circuit Court for Baltimore County that transfer and recordation tax…

The demand for commercial office space is expected to rise significantly higher over the next decade, with continued job growth fueling this trend starting in 2022. The country’s knowledge-based economy — consisting of attorneys, bankers, architects, consultants and others — will drive more employees into the workforce and, based on…

As workers trickle back into their traditional office space — perhaps starting at a once-per-week schedule to establish a new comfort level and routine — many may not recognize the environment they left behind more than seven months ago. Testing equipment in building lobbies and the front desk, touchless doors,…

Hit by a “significant and rapid disruption” in the economy, the commercial real estate development sector posted declines in almost every building category in the first half of 2020. The sector, however, is an increasingly large portion of U.S. GDP and is positioned to play a leading role in the…

Describe the sense of optimism that you detect in the general business community. Rob BavarVice PresidentBavar Properties Group “We are all navigating the uncertainty and impact of COVID-19 but we are seeing a renewed sense of optimism in the business community particularly in certain real estate sectors, including industrial and…

A state commission is recommending that Maryland ban the installation of building systems powered by natural gas and other fossil fuels beginning in 2025. Outlined in a draft report by an ad hoc subcommittee of the Maryland Commission on Climate Change, the recommendation would prohibit such…

“A maze for developers to navigate.” That’s how Tamara Small, CEO of NAIOP Massachusetts, described efforts by legislators in her state to set increasingly higher mandates for decarbonizing buildings. The scenario is an increasingly common one. In Maryland, state and local governments are also debating measures to increase the energy…

From left to right: Paul Giulio, Vice President of Development, Hill Management Services; Brooke Harlander, Partner in Training, St. John Properties and Bobby Lanigan, Acquisitions and Leasing, Merritt Properties Paul Giulio, Vice President of Development, Hill Management Services; Brooke Harlander, Partner in Training, St. John Properties and Bobby Lanigan, Acquisitions…

Tenants and landlords wrestle with new trends and tough forecasts As retail tenants scrambled, pivoted, reimagined and retooled their operations in the early months of the pandemic, Michael Gioioso dug into the mystery of what initiatives could save shops, restaurants and retailcenters. The Vice President of Brokerage at MacKenzie Commercial…

Amid all the talent management challenges of 2020 — the break-neck switch to telework, the cancelled conferences and professional development events, the derailed internships, stalled recruitingprograms and uncertain future staffing needs — some CRE firms are seizing upon a few significant opportunities. Once staff at CBRE settled into mid-pandemic work…