News
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For the birds: Legislature aims to make buildings bird-friendly
February 5, 2020Could alterations in building products, designs and operations make buildings more bird-friendly and more energy efficient? That’s a question currently before members of the Maryland General Assembly. Following an emerging trend of developing bird-friendly design standards or goals for commercial buildings, House Bill 192 proposes to establish bird-friendly standards for…
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With a lively fire dancing behind him in the community center at the Marketplace at Fells Point, Daniel Klein, President of Klein Enterprises, traced the trajectory of his real estate career upon becoming the fourth generation to work at the family-owned real estate company founded by his grandfather in 1948.
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CRE Concepts: Local Appetite
January 23, 2020Food halls stoke small business success, community growth Food halls, such as R House (above), are providing food entrepreneurs with fresh opportunities to grow their businesses and prodding food markets, such as Broadway Market (below), to embrace today’s retail trends. Photos courtesy of Seawall Development and Plano-Coudon Construction. The swirl…
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State Circle: Planners explore how to provide adequate housing in a thriving economy
January 23, 2020This article appeared in the March/April 2020 issue of NAIOP-MD InSites Newsletter A dramatic forecast of a looming housing shortage in the Greater Washington region is fueling discussions about the adequacy of Greater Baltimore’s housing supply. Last fall, the Metropolitan Washington Council of Governments (MWCOG) released an analysis of that…
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Industry Roundtable: Warehouse/Industrial Developers
January 23, 2020INDUSTRIAL PRODUCT AS A JOB CREATOR KATE NOLAN BRYDEN (KNB): There exists a false perception that, due to the rise of technologically-savvy warehouse users, these large buildings require less employees to operate the uses. In reality, that is not the case with many of the jobs requiring skilled workers. Then,…
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President Profile
January 23, 2020Up close with Jim Lighthizer Working as an industrial brokerage professional with CBRE for 16 years and founding Chesapeake Real Estate Group, a full-service commercial real estate development and investment firm more than 15 years ago, NAIOP Maryland’s new President brings unique perspectives to his two-year term. He credits former…
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Urbanizing Suburbia
January 23, 2020‘Surban’ developments address key employment, lifestyle, transportation needs Surban developments, such as Maple Lawn, are delivering a high-density mix of commercial, retail, residential and recreational space that is proving highly attractive to employers and residents. Photo courtesy of St. John Properties. The development proposal left Ed St. John sitting in…
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Historic Year for Baltimore’s Industrial Market
January 22, 2020Judging by every metric, 2019 finished as the most prolific year for the Baltimore industrial real estate market with more than 9.5 million square feet of space absorbed — a rise of 44 percent over the previous record, according to a recent report issued by CBRE. This included more than 3.4…
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When Steve Budorick of Corporate Office Properties Trust (COPT) toured the outdoor area surrounding Benjamin Franklin High School in Brooklyn, he immediately realized that the environment was not conducive to positive advancement and was in large part unusable and unsafe. Upon learning more about the composition of students at…
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Maryland faces growing backlog of elevator inspections
January 22, 2020The number of elevators operating on expired certificates in Maryland is growing monthly due to recent legislation, a workforce shortage and increasing lead times for inspections. Officials from the Maryland Department of Labor Licensing and Regulation outlined the problem during a recent legislative briefing. The backlogs are due…