News
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If you ask me…
September 30, 2020Describe the sense of optimism that you detect in the general business community. Rob BavarVice PresidentBavar Properties Group “We are all navigating the uncertainty and impact of COVID-19 but we are seeing a renewed sense of optimism in the business community particularly in certain real estate sectors, including industrial and…
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Is Maryland ready to start the energy transformation?
September 30, 2020A state commission is recommending that Maryland ban the installation of building systems powered by natural gas and other fossil fuels beginning in 2025. Outlined in a draft report by an ad hoc subcommittee of the Maryland Commission on Climate Change, the recommendation would prohibit such…
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Developers predict severe impacts from stretch codes, fossil fuel bans
September 30, 2020“A maze for developers to navigate.” That’s how Tamara Small, CEO of NAIOP Massachusetts, described efforts by legislators in her state to set increasingly higher mandates for decarbonizing buildings. The scenario is an increasingly common one. In Maryland, state and local governments are also debating measures to increase the energy…
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Industry Roundtable: Developing Leaders
September 23, 2020From left to right: Paul Giulio, Vice President of Development, Hill Management Services; Brooke Harlander, Partner in Training, St. John Properties and Bobby Lanigan, Acquisitions and Leasing, Merritt Properties Paul Giulio, Vice President of Development, Hill Management Services; Brooke Harlander, Partner in Training, St. John Properties and Bobby Lanigan, Acquisitions…
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CRE Trends: Retail Reimagined
September 23, 2020Tenants and landlords wrestle with new trends and tough forecasts As retail tenants scrambled, pivoted, reimagined and retooled their operations in the early months of the pandemic, Michael Gioioso dug into the mystery of what initiatives could save shops, restaurants and retailcenters. The Vice President of Brokerage at MacKenzie Commercial…
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CRE Concepts: Challenging times create talent opportunities in CRE firms
September 23, 2020Amid all the talent management challenges of 2020 — the break-neck switch to telework, the cancelled conferences and professional development events, the derailed internships, stalled recruitingprograms and uncertain future staffing needs — some CRE firms are seizing upon a few significant opportunities. Once staff at CBRE settled into mid-pandemic work…
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Where Does the Smart Money Go?
September 23, 2020Investors, landlords weigh opportunities, uncertainties, necessary pain in COVID-19 economy When a once-in-a-century pandemic derails the economy, upends traditional work arrangements and fuels uncertainty about the future, where does the smart money go in commercial real estate to buffer companies against losses, seize market opportunities and maybe secure a competitive…
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State Circle: Governments push for buildings to become more efficient, use less fossil fuel
September 23, 2020This article appeared in the September/October 2020 issue of NAIOP-MD InSites Newsletter. The August 31 release of draft recommendations from a state legislative work group brought sharp focus to an imminent challenge facing the commercial real estate sector. The report by the Buildings Subgroup of the Mitigation Work Group of…
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Real estate industry entering the age of indoor air quality
September 16, 2020Air, among the most basic of human needs, has moved from an afterthought to the forefront in the minds of employees and landlords alike as companies begin their slow march back into the workplace. Both groups are increasingly focused on the performance of HVAC systems and, more specifically, the ability…
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Developers import food amenities to satisfy tenant appetites
September 16, 2020The Sweetgreen Outpost in COPT’s WAYLINE development in the Columbia Gateway Innovation District. (Photo courtesy of COPT) Among the first questions typically asked by real estate executives searching for new commercial office space is “where can my employees go to eat lunch each day?” It is a reason why developers…