News
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World Central Kitchen operates this grab-and-go meal distribution center at Henderson Hopkins Elementary School in Baltimore twice per week. May 28, 2020 – World Central Kitchen (WCK) quickly mobilized in the Baltimore area and, in the span of just a few months, has now served more than 250,000 meals to…
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Virtual Tour de Force
May 14, 2020Photo courtesy of The MacKenzie Companies May 14, 2020 – With companies everywhere being forced to “learn on the fly” in varying aspects of daily business activities, so too is the case for the marketing departments of Maryland-area development and brokerage firms in response to maintaining a continuing schedule of…
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Making Employees and Tenants Feel Safe Is Priority
May 14, 2020May 14, 2020 – The safe and sustained reopening of buildings has emerged as a key priority among developers, landlords, employees and medical professionals, and NAIOP Maryland continues to monitor the release of information detailing best practices both locally and nationally. New data and guidance are disseminated on a daily…
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May 14, 2020 – The force majeure (French for “superior force”) clause has elevated into the “trending” category among real estate professionals and has emerged as an often-discussed leverage tool to help businesses escape from contractual obligations. By definition, the clause is included in legal documents to offer protection to…
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If you ask me…
April 29, 2020What protocols are being installed to prepare for companies returning to the office? Sarah AltManaging DirectorCushman & Wakefield “Cushman & Wakefield has a robust and detailed plan for re-entering the workplace, to include a 34-page document outlining best practices in social distancing, as well as governmental guidelines on…
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Maintaining investor confidence during COVID-19 requires communication and transparency
April 29, 2020National Real Estate Investor recently sponsored a webinar, in conjunction with AppFolio Investment Management, to address strategies for maintaining continuity in the commercial real estate industry and to ease investor fears during the COVID-19 crisis. The following are some of the key excerpts of the session, which was led by…
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Existing, strong demand for cold storage space is expected to climb even higher as a result of the COVID-19 pandemic. A CBRE report released in April estimates that growing online grocery sales will necessitate the development of 75 million to 100 million square feet of additional industrial freezer/cooler space over…
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Survey highlights the challenges facing CRE
April 29, 2020Not surprisingly, this month’s NAIOP Maryland survey painted the image of an industry facing challenges and uncertainty but holding hope that conditions will improve before too long. Cash-flow problems created by the COVID-19 crisis are impacting Maryland’s commercial real estate industry in multiple ways. Developers who responded to the survey…
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NAIOP-MD members and tenants pitch in during COVID-19
April 16, 2020Several times each week, Abby Glassberg of NAI KLNB travels from her home in Columbia to a large warehouse in Baltimore City to complete a four-hour evening shift assembling face shields to support medical professionals within the Johns Hopkins Medical System. A self-described “morning person,” Abby has worked the evening…
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They have been described as urgent acts of adaptive re-use. Around the country, property owners, architects, engineers, builders and emergency response professionals have been working to convert convention centers, hotels, dormitories, parking garages, office buildings, empty retail space and open air sites into field hospitals, testing sites, quarantine centers and…