News
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Photo courtesy of My Cleaning Service The sanitization and cleanliness of interior office spaces has moved to the forefront of workers’ minds during COVID-19. As a result, some companies are not just beefing up cleaning processes but making them highly visible to building occupants. Silent workers is the term that…
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July 9, 2020 – “Industrial is, has been and will continue to be more resilient than other real estate property types.” Kate Nolan Bryden That’s how Kate Nolan Bryden, Senior Vice President of MRP Industrial, summarized speakers’ comments and key takeaways from the recent NAIOP I.CON Virtual 2020 industrial conference…
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July 9, 2020 – As commercial property owners and tenants consider best options for bringing workers back to their sites, the U.S. Green Building Council has released safe re-entry guidelines, related LEED credits and a technology platform to assess the effectiveness of new workplace protocols. LEED’s Safety First pilot credits…
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Employees cite face-to-face interaction and increased productivity as major reasons to return to the office
July 8, 2020July 9, 2020 – A recent survey about workstyle preferences generated tremendous news for the commercial real estate development community, according to Diane Hoskins, co-CEO of Gensler. Among participants in the survey which was conducted in April and May, only 12% of employees indicated the preference to work from home…
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CBRE’s Spencer Levy doubles down on real estate optimism
June 24, 2020Spencer Levy, CBRE June 25, 2020 – Reinforcing comments he delivered during a NAIOP Maryland webinar this spring, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE, remains unabashedly optimistic about the short- and long-term future of the industrial and commercial office sector. Levy’s one caveat is…
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June 25, 2020 – The steep and widespread economic downturn sparked by COVID-19 has simultaneously tested developer-tenant relations and fostered a new wave of collaboration between CRE companies and their tenants. Immediately after the state-wide shutdown of businesses began, Klein Enterprises formed a rent relief team consisting of executives that…
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If you ask me…
June 24, 2020What will your summer vacation plans look like this year? Karen S. CherryVice President, Office LeasingThe Howard Hughes Corporation “Unfortunately, my summer vacation plans have already been impacted. We had planned a week-long family trip out west to Colorado and Utah. Many of the national parks are reopened but there…
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June 18, 2020 – At a June 15th public hearing, NAIOP Maryland joined allied real estate groups and brokers to oppose Council Bill 13-20 which would require sellers of apartment buildings of five units or more to provide the Howard County Housing Commission the right to review a contract…
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June 18, 2020 – The Howard County Council has passed legislation that applies COVID-19-related restrictions on rent increases for commercial properties. Councilmember Liz Walsh sponsored Council Bill 33-2020 and included commercial properties because of her interest in shielding businesses in Ellicott City, which have experienced two devastating floods in…
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June 18, 2020 – On a 3-2 vote, the Howard County Council defeated a recordation tax increase that would have jumped the county’s rate higher than any regional competitor. Council Resolution 85-2020 would have replaced the current flat rate of $5.00 per $1,000 of value with a stepped tax…