News

Proposed legislation by the Maryland Department of the Environment (MDE) would authorize the state to establish building energy use limits by building type and impose fees for failure to comply. House Bill 49 / Senate Bill 256 is the latest effort by the department…

From the interest rate environment, office vacancy levels and shortage of developable land to a new federal administration and the ongoing debate about decarbonizing buildings, the commercial real estate industry may face a dizzying array of challenges and opportunities in 2025. The arrival of a new federal administration and transition…

Real estate development companies and brokerage professionals alike are predicting robust activity among all asset classes in the year ahead. NAIOP Maryland sat down with David Fritz, CCIM, SIOR, Principal, KLNB; Matt Laraway, Senior Vice President, CBRE; and Morgan Wimbrow, Vice President, MacKenzie Commercial Real Estate Services to get their…

At the Winter MACo meeting, Governor Wes Moore warned of the urgent need to fuel higher economic growth. Photo courtesy of Pat Siebert. Could a historic budget crisis propel Maryland into an era of business-friendly policies and a higher growth economy? That seems to be the wish of…

The Maryland General Assembly reconvened on January 8th for its annual, 90-day, legislative session faced with historic budget deficits, lagging state-wide economic performance, and ambitious policy goals. The state’s deficit problem began with a cash shortfall of $300 million in fiscal year 2025 which is a sharp decline from the…

Proponents of a multi-faceted redevelopment of an abandoned military site in Pikesville believe it could infuse new vitality and substantial foot traffic into a struggling retail strip. State and community leaders began assessing alternate uses for the 14-acre Pikesville Armory site after the National Guard stopped using…

NAIOP Maryland’s 2025 Board of Directors includes an array of industry leaders from diverse specialties within the commercial real estate sector. KLNB Principal David Fritz, CCIM, SIOR and Jennifer Hearn, Director of Development, MAG Partners, have been elected to the NAIOP-MD Board of Directors for two-year terms. In addition, Merritt…

What are your business and personal resolutions for the New Year?   “To arrange more lunch meetings with commercial real estate brokerage professionals to keep building my network. Taking a lead from my father, Jim, personally I would like to perform better than the year before and be more giving.”…

The Town of Sykesville has started implementing an award-winning plan to boost charm, accessibility, public uses and commercial activity in its downtown. This fall, the Maryland Chapter of the American Planning Association (APA MD) named the Sykesville Downtown Improvement Project as the winner of its 2024 Neighborhood Revitalization Award.

Despite requiring reductions in emissions and energy use in a billion square feet of commercial and multifamily buildings, Maryland’s Building Energy Performance Standards (BEPS) will not be enough to meet the state’s 2031 climate goals. Maryland and other leading climate states, supported by federally funded non-profit organizations, are developing a…