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Up 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…

‘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…

Judging 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…

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…

The 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…

Maryland is facing “an uncomfortably high risk of an economic slowdown if not a full-blown recession” before July 2021. That was the key warning that Moody’s Analytics Economist Dan White delivered to a session of the Senate Budget and Tax Committee this month. While Maryland’s economy hasn’t profoundly changed since…

Members of the Maryland General Assembly convened their 2020 session yesterday with new leadership, new political dynamics and a long roster of legislative issues on the agenda. The session opened with a historic change in leadership as new House Speaker Adrienne Jones and Senate President Bill Ferguson were elevated…

NAIOP-MD members Merritt Construction Services and CB Flooring made a “fur-ever” impact on the Maryland Society for the Prevention of Cruelty to Animals (SPCA) facility in Hampden, with the recent completion of collaborated pet project that benefitted lives of both the two and four-legged variety. The effort represented the first…

The 2020 session of the Maryland General Assembly is expected to feature multiple debates about how to address climate change by reducing Maryland’s greenhouse gas (GHG) emissions.  So how much GHG does Maryland produce? According to the World Resources Institute Climate Data Explorer, Maryland generates 74.1 metric tons of carbon…

Bottom row (left to right): Morgan Gilligan, Stewart Title Guaranty Company; Christopher Nevin, First National Bank; Kate Jordan, Lee & Associates | Maryland; James Lighthizer, Chesapeake Real Estate Group; John Hermann, Corporate Office Properties Trust; Danielle Schline, Prologis, and Paul Giulio, Hill Management Services. Top row (left to right): Todd Summerfield, Liberty Property Trust; Richard Williamson; Scooter Monroe, Weller Development Company; Scott Wimbrow, The MacKenzie…