News

What creative new uses are starting to infiltrate retail centers? Trish PalumboDirector of LeasingKlein Enterprises “We are seeing creative buy and sell boutique concepts, a.k.a. consignment shops, with a twist or two, including the sale of new and used merchandise and a combination of two or more product categories. One…

Businesses and residents took flight from major cities as the impact of the pandemic set in, to escape crowded buildings and streets. Now, Baltimore is among the many mid-sized cities searching for compelling ways to lure people back. This topic was recently addressed by civic and educational leaders during the…

On the site of a massive, abandoned aircraft manufacturing plant, developer Jonathan Ehrenfeld’s passion project appears to be generating opportunities and challenges in nearly equal magnitude. Photo courtesy of Blue Ocean The President and CEO of Blue Ocean is redeveloping the former Glenn L. Martin Company plant in Middle River.

Anne Arundel County Executive Steuart Pittman’s request for authorization from the General Assembly to impose a transfer tax surcharge drew opposition this week from NAIOP Maryland and other real estate groups. Proceeds from the tax surcharge on real estate valued at more than $1 million would be earmarked for affordable…

Following the lead of Boston, New York, Seattle, Washington D.C., London, Vancouver and other gateway cities around the world, the General Assembly is considering legislation that makes major changes to energy use in new and existing buildings. The Climate Solutions Now Act, Senate Bill 414, would set performance standards…

The economic trends that made industrial/warehouse a white-hot category in 2020 are going strong and creating ongoing opportunities in Central Maryland. Cabot Properties, together with development partner MRP Industrial, recently broke ground on a new speculative 86,840 square foot warehouse/industrial building in Prince George’s County. Photo courtesy of MRP Industrial.

Paul Giulio, Vice President of Development at Hill Management Services, Inc., was first introduced to the Developing Leaders (DL) Committee when he participated in an onsite property tour and developer’s presentation that had been organized by the committee. In his role overseeing construction and development activities for Hill Management Services,…

From left to right: Karen Cherry; Abby Glassberg; Elizabeth Allison Karen Cherry, Vice President of Office Leasing, The Howard Hughes Corporation; Abby Glassberg, Principal, NAI KLNB; and Elizabeth Allison (Tarran-Jones), Leasing, Merritt Properties participated in a virtual discussion that examined the current landscape for women in the commercial real estate…

In what is being described as a major and business-friendly shift in development policy, the Montgomery County Council has adopted a Growth and Infrastructure Policy that eliminates moratoria on new developments. The “marquee change” in the new policy which came into effect January 1 and lasts through 2024, is the…

Challenging brownfield projects deliver enormous benefits Harbor Point has transformed 27 acres of land that was undeveloped and unused for years into a vibrant extension of the city. Photos courtesy of Beatty Development. It was a picture-perfect example of industrial blight. Abandoned decades earlier, the hulking factory buildings, industrial furnaces…