News

  • Funding shortfall threatens transportation and economy

    Funding shortfall threatens transportation and economy

    Looming cuts to state transportation spending and a systemic funding shortfall are stoking concerns that central Maryland could face a deterioration in infrastructure, services and its economy. In December, Maryland’s Department of Transportation (MDOT) released a proposed, six-year spending plan designed to…

  • CRE tackles the big demand and cost of EV charging

    CRE tackles the big demand and cost of EV charging

    St. John Properties is adding charging infrastructure to office and flex properties. Photo courtesy of St. John Properties. In 2023, Maryland ranked among the top 10 states for electric vehicle (EV) adoption in the country and that is presenting commercial real estate owners…

  • Changing tracks: Could a new approach to TODs succeed?

    Changing tracks: Could a new approach to TODs succeed?

    Described as a major infill project, the Penn Station TOD will refurbish the historic train station and produce 1.6 million square feet of new commercial, retail and residential space on a 40-acre site. Image courtesy of Beatty Development. Beyond the scaffolding encasing Penn Station, crews…

  • How should stormwater management adapt to climate change?

    How should stormwater management adapt to climate change?

    A state proposal to double the amount of stormwater treated on development sites using small-scale infiltration practices is flawed, according to analysis by stormwater practitioners. In response to more frequent and intense storm events, the General Assembly passed legislation in 2021 requiring the Maryland Department of the…

  • Award-winning office meets the needs of hybrid work culture

    Award-winning office meets the needs of hybrid work culture

    A “beta test” of how to reimagine workspace in order to attract employees back to the office has landed an ABC Greater Baltimore Diamond Excellence Award for office renovation. The award went to the Chesapeake Employers Insurance Headquarters project for its success at meeting the…

  • Alliance creates real estate career opportunities for underserved youth

    Alliance creates real estate career opportunities for underserved youth

    After graduating from high school, Baltimore City resident Travis Roberston bounced from job to job, searching for a situation that would provide long-term stability, a place to thrive, and a nurturing environment. Things got more challenging when he became a single father. His life took…

  • Retail resiliency, adaptability fuels optimism at NY ICSC

    Retail resiliency, adaptability fuels optimism at NY ICSC

    Buoyed by a national retail vacancy rate under 5 percent, a record 200 million shoppers over the Thanksgiving holiday, strong Black Friday sales figures and predictions of a 4 percent boost in holiday spending to nearly $970 billion this year, participants at the recent ICSC…

  • Fiscal challenges, climate and education goals to shape 2024 session

    Fiscal challenges, climate and education goals to shape 2024 session

    The Maryland General Assembly will face a deteriorating budget outlook as well as major climate and education commitments when it begins its 2024 session on January 10th. In 2022, the Maryland General Assembly passed the Climate Solutions Now Act establishing the most aggressive near-term greenhouse…

  • New officers and board members elected

    New officers and board members elected

    Kate Jordan, SIOR, Principal, Lee & Associates | Maryland, was elected President of NAIOP Maryland at the recent Holiday Luncheon. Additional officers include Sean Doordan, Executive Vice President, Acquisitions & Growth, St. John Properties, Inc. as President-Elect; Scott Wimbrow, President and Principal, MacKenzie Commercial Real Estate Services, LLC as Vice…

  • Mini-Market Report: Columbia/Ellicott City

    Mini-Market Report: Columbia/Ellicott City

    Resilient but not immune to market challenges Merriweather Row Buoyed by a prime location, a highly educated and high-earning workforce, good schools, a diverse population, and modern, attractive office buildings, the commercial real estate sector in Columbia and Ellicott City has weathered recent…