News

  • Could rent law harm Montgomery County’s economy?

    Could rent law harm Montgomery County’s economy?

    An effort by Montgomery County Council to stabilize rental rates is raising concerns that the legislation could actually exacerbate the housing affordability problem and damage the county’s economy. After months of hearings, more than a dozen amendments and a voting marathon, council members passed legislation in July…

  • Retail Refresh: Renovated centers attract strong leasing

    Retail Refresh: Renovated centers attract strong leasing

    As the pandemic was still unfolding, retailers were adapting, e-commerce kept surging and concerns grew about inflation and a possible recession. But some CRE professionals embarked on contrarian initiatives and began amassing investment funds to purchase retail properties. Select renovations to Padonia Village attracted a…

  • Manufactured Opportunities: Modern ‘plants’ require high-performance buildings

    Manufactured Opportunities: Modern ‘plants’ require high-performance buildings

    After 75 years in the same Baltimore location, Titan Steel Corporation needed to move. The manufacturer of steel and aluminum core products for clients around the world selected a site in Hollander Business Park. Even though the new, 100,000-square-foot, tilt-up concrete building would be designed for industrial use, the project…

  • MDE releases draft guidance on Building Energy Performance Standards

    MDE releases draft guidance on Building Energy Performance Standards

    The Maryland Department of Environment (MDE) has released draft guidance on the implementation of its state-wide Building Energy Performance Standard (BEPS) regulations. The guidance, linked here, provides deadlines and instructions related to reporting building energy use and emissions beginning in July 2025, definitions of exempt building types…

  • Mentors, Mistakes and The Mayor: Developing Leaders hear how to advance their careers

    Mentors, Mistakes and The Mayor: Developing Leaders hear how to advance their careers

    From industry leaders to sports coaches to successful people in myriad sectors, mentors come in endless forms. During the “Morning with Mentors” event last week at Baltimore Peninsula, six commercial real estate veterans – representing the brokerage, construction management, development, and financial services industries – doled out advice on how…

  • Curated amenities key to attractive offices

    Curated amenities key to attractive offices

    The terrace at 6100 Merriweather Drive in Columbia. The desire to entice workers back to offices is compelling commercial property owners and their tenants to rethink and renovate workspaces. However, the path to creating truly attractive offices isn’t entirely clear. Despite workers’ widespread desire for…

  • Food, wellness, and technology impacting retail sector

    Food, wellness, and technology impacting retail sector

    The pandemic-fueled grocery store high may be wearing off, but emerging wellness brands are expected to fill shopping center vacancies and new technology continues to drive retail sales. Those were a few of the insights provided during the “Retail Q3 Update: Trends and Tactics to Watch” webinar jointly sponsored by…

  • MDE considering changes to stormwater requirements

    MDE considering changes to stormwater requirements

    The Maryland Department of Environment (MDE) has circulated its first public draft of revised stormwater regulations that incorporate updated rainfall data and require significant expansion of management practices to address runoff from higher-intensity, short-duration storms. The changes were initiated by legislation passed by the General Assembly in 2021 which required…

  • Sabbaticals show the widespread benefits of downtime

    Sabbaticals show the widespread benefits of downtime

    As he stepped back into his office for the first time in a month, Aaron Weir was confronted with a whole new environment. Coworkers had erected walls around his desk and decorated the new work cubby to resemble the inside of a winery. The rest of the room was transformed…

  • Parking, amenities, waterfront buoy Anne Arundel market

    Parking, amenities, waterfront buoy Anne Arundel market

    The Anne Arundel County commercial real estate market continues to perform much better than its neighboring jurisdictions – particularly Baltimore City and Washington, D.C. – due partly to plentiful free parking, necessary amenities, and the allure of the Annapolis waterfront. That was the consensus of several brokers and developers participating…