News

A heated debate in Harford County about a proposed 5.2 million sf industrial development has brought a new policy question to the forefront: Have large, modern warehouses evolved beyond a reasonable definition for light industrial? For well over a year now, Chesapeake Real Estate Group (CREG) has been dealing with…

The Maryland General Assembly has crossed the midpoint of its 2023 session. After a somewhat slow start, by the 41st day of the 90-day session, more than 2,200 bills had been introduced many with important implications for commercial real estate. A select list of bills that are a high priority…

The photo of a man with a hard hat holding drawings or a power tool is still the stereotypical image for a construction worker. Since its advent in 1998, Women in Construction (WIC) Week has worked to highlight the different journeys taken by women to achieve the same goal and…

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…