News
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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…
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The Choice Jobs team pictured here (staff, youth and AmeriCorps members) at their Flying Fruit Cafe located on the 6th floor of The John and Frances Angelos Law Center at the University of Baltimore. June 11, 2020 – NAIOP Maryland has gifted $5,000 to support The Choice Program at UMBC,…
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June 11, 2020 – Although leasing transactions have largely paused since the beginning of the pandemic, commercial real estate analysts are already predicting the sector could experience a ‘pandemic sprawl.’ As commercial offices begin to reopen in Maryland, employers are facing the challenges of how to adapt existing space to…
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June 11, 2020 – The onset of COVID-19 forced companies and its employees to pivot — almost instantaneously — to an all-remote situation with the juggling of work, family and personal responsibilities. Even as shelter-at-home orders begin to loosen, the discovery and successful implementation of new processes to manage workflow…
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June 11, 2020 – This summer, the Maryland Commission on Climate Change is evaluating options for decreasing carbon emissions related to commercial, residential and industrial buildings. Maryland’s climate laws require the reduction of greenhouse gas emissions 40 percent below 2006 levels by 2030 and set a goal of an up…