News

  • MDE releases draft guidance on Building Energy Performance Standards

    MDE releases draft guidance on Building Energy Performance Standards

    The Maryland Department of Environment (MDE) has released draft guidance on the implementation of its state-wide Building Energy Performance Standard (BEPS) regulations.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…

  • State budget outlook warns of significant deficits

    State budget outlook warns of significant deficits

    A report from the Department of Legislative Services on the financial condition of the state warns of budget shortfalls “necessitating significant spending reductions and/or increased revenues” by 2028. Maryland closed out 2022 with a budget fund surplus of $5.4 billion. The report attributes the healthy balance sheet…

  • Cooler than a coffee shop: Standards rise for attractive office space

    Cooler than a coffee shop: Standards rise for attractive office space

    The bright red accents, feature staircase, café seating, posh lounge, artful lighting, industrial touches and city views create the feel of a super cool, luxurious and oh so inviting coffee shop. Spark Flex combines coworking and traditional office space with a wealth of amenities, including an inviting…

  • The State of the Suburbs: Developers search for ways to  make these markets successful

    The State of the Suburbs: Developers search for ways to make these markets successful

    Higher density, residential development and mall redevelopment are driving growth in the Hunt Valley submarket. Photo courtesy of MacKenzie Commercial Real Estate Services. Somewhere in the mix of leasing contracts, vacancy trends, new construction, renovation projects and shifting activity across product types, developers are seeking to cultivate…