News
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North I-83 real estate submarket performing exceptionally well
September 28, 2022Demand for retail, commercial office and warehouse/industrial asset classes in the greater Hunt Valley and north I-83 submarket continues to rise, according to speakers at a recent Commercial Real Estate Symposium, sponsored by the Hunt Valley Business Forum. Lizzy Sweeney, Senior Director at Cushman & Wakefield, said the Hunt Valley…
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Could new codes regulate buildings’ embodied carbon?
September 14, 2022Code officials, design experts, developers and activists are grappling with a new challenge in the effort to decarbonize buildings: how to address embodied carbon in building and energy codes. In a paper released earlier this year, ASHRAE announced its position that the global built environment must halve its 2015 greenhouse…
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Supply chain is less turbulent but challenging
September 14, 2022After two tumultuous years and an especially challenging period this spring, the construction supply chain appears — finally — to be settling into some more regular routines. For developers and builders, that shift is providing a little more stability but very little relief. The good news from the supply chain…
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Industry Roundtable: Investment Sales
September 14, 2022The combination of a steadily rising interest rate environment, escalating asset pricing, typical summer doldrums and renewed investor caution has pumped the brakes on the volume of investment sales transacted in recent months across all asset classes. However, experts participating in a recent roundtable discussion believe this situation will be…
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Boom towns: Logistics and life sciences spark growth in Western Maryland
September 14, 2022In Frederick, Trammel Crow is developing Jefferson Tech Park to serve the biosciences industry. Photo courtesy of Trammel Crow. The development proposal was equally exciting and daunting. Kite Pharma, a subsidiary of Gilead Sciences and operator of the largest in-house, cell therapy manufacturing network in…
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NAIOP Petitions Court to Review Prince George’s Zoning Ruling
August 31, 2022NAIOP Maryland has asked the Maryland Court of Appeals to overturn a ruling that could invalidate conditional uses, special exceptions and other critical zoning tools in Prince George’s County. NAIOP Maryland submitted an Amicus Curiae petition requesting that the court review a lower court ruling that threatens…
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One provision of Senate Bill 528 The Climate Solutions Now Act is a requirement that the Maryland Green Building Council examine and report by December 1st on means and methods to reduce the climate impacts of the concrete used in state projects. Greenhouse gas emissions from fuel…
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Speaker Series to Focus on Decarbonizing Buildings
August 31, 2022The Maryland Clean Energy Center will host a series of panel discussions beginning September 13th on decarbonizing buildings. The September 13th panel will focus on the integration of micro grids into the larger electric transmission infrastructure. Topics for other dates include strategies to decarbonize buildings, EV charging infrastructure planning, building-to-electric-grid…
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Consumer trends, improved services fuel car wash industry growth
August 31, 2022The evolution and future of the car wash industry may be best illustrated by the recently opened Flagship Carwash. Located in Loudoun County, Virginia, the 65,000-square-foot facility is billed as the largest indoor car wash in the United States. Features include side-by-side double wash tunnels, 22 free vacuum stations, 10…
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Upcoming movie theatre traffic expected to boost malls
August 31, 2022Shopping malls around the country continue to rebound from the pandemic-influenced decrease in consumer traffic and landlords remain optimistic about the balance of 2022, in part due to an expected increase in people going to movie theatres later this year. Although traffic remains down, overall retail sales are trending upwards…