News

  • “Era of localism” needed to save small, independent retailers

    “Era of localism” needed to save small, independent retailers

    Michael Gioioso has one wish for shoppers’ habits in the coming months. “The balance of 2020 and 2021 need to be the era of localism, of shopping local because otherwise, we are going to have a very different society,” said Gioioso, Vice President, Brokerage at MacKenzie Commercial Real Estate Services.

  • Climate Commission subgroup recommends efficiency, natural gas ban in new construction

    Climate Commission subgroup recommends efficiency, natural gas ban in new construction

    A subgroup of the Maryland Commission on Climate Change has issued draft recommendations on how to reduce direct carbon emissions from buildings. The recommendations include requiring new buildings to be all-electric beginning in 2025 and requiring utilities to incentivize fuel switching of heat and hot water equipment in existing buildings. …

  • If you ask me…

    If you ask me…

    Describe some things you don’t take for granted these days. Alan CoppolaSenior AssociateNAI KLNB “For starters, I don’t take waking up in the morning for granted anymore. So, when I do get up, I no longer take for granted the great opportunities I have to work with all the associates…

  • NAIOP scholarship helps UMD student pursue passion for real estate

    NAIOP scholarship helps UMD student pursue passion for real estate

    September 3, 2020 – For Awais Qazi, the path to a dual master’s degree in architecture and real estate development has required a blend of passion, diligent work and very tactical planning. Awais Qazi A University of Maryland College Park (UMCP) student and a 2020 recipient of a NAIOP Diversity…

  • Efforts to create the “new normal” work environment are bolstering CRE

    Efforts to create the “new normal” work environment are bolstering CRE

    September 3, 2020 – From new cleaning regimens to increased property tours to rent collections that exceed 90 percent, the commercial real estate sector is easing into a new and reasonable version of normal. During a recent Baltimore Business Journal real estate webinar, Sean Doordan, Senior Vice President, Leasing &…

  • Workers eager to return to offices, JLL reports

    Workers eager to return to offices, JLL reports

    August 20, 2020 – Most employees are looking forward to returning to their offices, but the workplace of the future may operate more like a restaurant than a traditional corporate workplace. During a recent webinar about healthy and safe re-occupancy of the workplace, professionals from Wells Fargo Bank, Ernst &…

  • State of Maryland unveils second round of assistance for non-profits

    State of Maryland unveils second round of assistance for non-profits

    August 20, 2020 – Non-profit organizations operating within the State of Maryland are now eligible to receive funding up to $50,000 through the Maryland Nonprofit Recovery Initiative. Grants will be awarded to entities “experiencing economic stresses in order to mitigate potential layoffs or organizational closures” due to the ongoing pandemic.

  • Cultural shift in consumer buying habits driving industrial sector

    Cultural shift in consumer buying habits driving industrial sector

    August 20, 2020 – Industrial real estate, already the most prolific sector in recent years, continues to gain traction due to the “cultural shift in consumer buying habits and the way goods are distributed, with many bypassing traditional locations and delivered directly to residences.” That was one of the observations…

  • Dick’s happy birthday Story

    Dick’s happy birthday Story

    August 20, 2020 – Dick Story knew something was in the air when, several days before turning 75 years of age, he found 15 birthday cards in his post office box. The next day, there were 25 additional ones waiting for him. And then more than 50. By the time…

  • Data and teamwork key to rent relief negotiations

    Data and teamwork key to rent relief negotiations

    August 20, 2020 – In the midst of COVID-19 shutdowns and economic setbacks, commercial building owners and operators generally are demonstrating a willingness to provide distressed tenants with rent relief. By carefully following a few best practices, CRE companies can tailor those relief arrangements to support the tenant, the owner/operator…