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Now approaching three years since the “great work-from-home experiment” was forced upon nearly every office worker, a substantial percentage have found their way back into the traditional office setting, some have settled into a hybrid arrangement and a smaller number have vowed never to return, even if that means quitting…

Nearly three years after the work-from-home model became standard operating procedure, employees and employers alike are still trying to determine which practices and policies provide the most flexibility and fairness but, as everyone is finding out, one size will never fit all. During an international roundtable discussion, participants from France,…

High interest rates, inflation and fears of a recession are increasing challenges for CRE companies seeking financing. During the Construction Blueprint Series Economic Outlook webinar hosted by the Building Congress & Exchange, MacKenzie Capital President John Black and Vice President Brendan Harman discussed current financing conditions and the 2023 prospects…

America’s largest cities have “an outsized role in the country’s economic engine,” according to an article appearing in Business Insider, which ranked the largest metropolitan areas based on metrics that included unemployment rate, job growth, per capita GDP, GDP growth and average weekly wages. Examining several of these categories, Baltimore…

In the USGBC’s annual ranking of U.S. states “leading the way on green building,” Maryland ranked No. 5 last year, moving up two places from 2021. 5061 Howerton Way, a single-story building in Melford Town Center comprising 34,560 square feet of flex/R&D space, was the…

Building owners will soon have to learn the art of energy benchmarking and carefully report each building’s greenhouse gas emissions (GHG) to the Maryland Department of the Environment (MDE). The first building GHG number reported to MDE, which building owners are required to do beginning in 2025, will be the…

Redevelopment has kicked off at the CFG Bank Arena in Baltimore. Image courtesy of The Oak View Group. In case the prospect of seeing Bruce Springsteen, Janet Jackson, Lizzo or other superstars perform in Baltimore doesn’t excite you, consider a few numbers instead. Current investment…

  Minimum wage increases, gun control, abortion rights and recreational marijuana will be headline issues for the 2023 session of the Maryland General Assembly. During the 90-day session, lawmakers will also focus on a number of other areas of direct importance to commercial real estate, including…

Along Key Highway in Locust Point, crews are erecting a 15,000-square-foot commercial building which is pre-leased and slated to become a Goddard School this spring. Developer Goodier Properties financed $800,000 of the $6 million project through C-PACE, the Commercial Property Assessed Clean Energy funding program.

Impending recession expected to be grinding, enduring and especially difficult for Class B and C office space. With all signs pointing to an economic recession — presumably arriving mid-year or Q3 — how can the commercial real estate community best plan for this event? Recessions cause hardships, but there may…