News
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Bill Barroll had a bold, fundraising plan. Unbeknownst to the Chief Business Officer and Managing Senior Vice President for Corporate Office Properties Trust (COPT), Karen Cherry had a similar plan with the potential to completely derail his strategy. Instead, the two NAIOP MD board members together set a fundraising record…
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State begins studying decarbonization incentives
July 12, 2023On June 29th, the Maryland Department of Environment (MDE) and the Maryland Energy Administration (MEA) kicked off a crucial task force charged with developing incentives and a funding plan for the decarbonization of public and private buildings. The initial meeting focused on existing state and federal building energy and emissions…
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UMD report proposes pathway to decarbonizing Maryland
July 12, 2023The decarbonization goals in the Climate Solutions Now Act will impact every sector of Maryland’s economy. However, exactly how the state will achieve a 60 percent reduction in greenhouse gas (GHG) emissions by 2031 and net zero emissions by 2045 has not been detailed. The Maryland Department of Environment has…
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CRE industry increasingly highlights the great outdoors
June 21, 2023Downtown towers, mixed-use developments and massive industrial buildings may dominate coverage of the commercial real estate industry. But CRE professionals also create gorgeous, public outdoor spaces and that activity has expanded since the pandemic began. Photo courtesy of Frederick Ward Associates, Inc. June…
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NAIOP MD believes the proposed Baltimore County Master Plan needs to be revised to support higher density development in designated areas. High density developments, such as Owings Mills Metro Center, have fueled growth in some areas of Baltimore County. Photo courtesy of David…
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A weakened office market combined with ongoing, strong demand for life sciences space in Maryland and the Mid-Atlantic has prompted some property owners – and their project teams – to refine processes for creating laboratories within existing office buildings. Bala Consulting Engineers has heard from multiple clients who are looking…
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Six Baltimore City Public Schools have new Teachers’ Wellness Lounges thanks to the Educator Support Collaborative – a non-profit group comprised of more than 30 Baltimore-area companies, including numerous NAIOP MD members. The pro-bono effort leveraged more than $250,000 worth of architectural, interior design and construction services as well as…
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On June 5th NAIOP submitted comments on the Maryland Department of Environment’s draft Building Energy Performance Standards urging the department to make changes to ensure building performance targets and Alternative Compliance Fees are technically feasible and financially realistic. The 2022 Climate Solutions Now Act (CSNA)…
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The former Radisson Hotel and Holiday Inn in Baltimore is being transformed into a two-tower, 708-unit multifamily complex with 30,000 square feet of retail. Image courtesy of MacKenzie Commercial Real Estate Services. Rattling off the retail and residential strengths of the Vivo Living development in the Inner…
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Industry Roundtable: Developing Leaders
May 17, 2023Gaining entry into, navigating and achieving sustainable success in the commercial real estate industry can be a complicated and intimidating process for young professionals, a situation that became increasingly complex with challenges presented by the pandemic. Alex Mawry, Development/Construction Project Manager for Merritt Properties; Michael Tait,…