News

From pandemic phases and hybrid work models to rising inflation and the return of tourists, the retail sector is still grappling with a lot of changes. The streets of major urban areas are starting to experience a heavier volume of office workers and tourists, a trend that is vital to…

Port Covington has entered “leasing mode,” according to Maryanne Gilmartin, Founder and CEO of MAG Partners. Gilmartin described the status and potential of the mega project at last month’s CREDA Maryland Summer in the City networking event, held at 2455 Banner Street in Port Covington. The New York-based company, together…

The Maryland Department of Commerce has published regulations to implement House Bill 1210 of 2021, a central piece of the General Assembly’s diversity and inclusion legislative agenda. The bill established a broad reporting requirement about the makeup of corporate boards and business activities that support “underrepresented communities.” This requirement…

The Montgomery County Council is considering legislation that would require the county to adopt all-electric building standards for most new construction and major renovations by January 2024. The bill is jointly sponsored by County Executive Marc Elrich and Hans Riemer, Chair of the council’s Planning, Housing and…

Flagged as a “landmark in the history of work,” adoption of the hybrid work model appears set to drive widespread and lasting changes in the need for workspace, while also presenting employers with new opportunities and challenges. That’s according to JLL’s “Workforce Preferences Barometer” report, released…

Fueled by the consumer trend to cook and eat meals at home rather than visit restaurants during the healthcare crisis, the strong performance of the grocery category continues post-pandemic. However, experts participating in a recent Placer.ai-sponsored webinar warned that small cracks may be starting to appear in the category’s foundation.

The CREDA Maryland Developers Council recently hosted three Maryland gubernatorial candidates, for separate meet-and-greet sessions with top executives of the commercial real estate association. The Council, which is comprised of senior-level management executives of CREDA Maryland member companies, gathers periodically throughout the year to discuss timely issues impacting the regional…

Maryland’s Climate Solutions Now Act (SB 528) is described as the most rigorous state legislation addressing climate change in the country, and it is poised to have deep and wide-ranging impacts on the commercial real estate industry. In the first installment of CREDA Maryland’s Climate Change and Solutions webinar series,…

Although climate-related legislation occupied a large part of the legislative agenda in 2022, the General Assembly took up a number of other initiatives of interest to commercial real estate. Some draft bills proposed to drastically broaden the ability of individuals and organizations to litigate government permits and approvals. Senate Bill…

With many employees still balking at returning to the traditional workplace at pre-pandemic regularity, professionals participating at a recent webinar sponsored by Office + SpaceIQ stressed the need for increased listening, empathy and flexibility. While workers, in large part, have demonstrated the capability of remaining productive in a work-from-home environment,…