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CREDA Research Foundation After a long stretch of relative stability in the office market, property owners are beginning to see demand soften as they grapple with high construction costs, modest rent increases and heightened requirements from prospective tenants. The Office Space Demand Forecast, released by…

More than 50 wide-eyed, 20-something college students gathered at the offices of ABR Capital Partners earlier this week to hear insights from professionals on how to build a sustainable career in the financial and real estate sectors in Baltimore. Representatives of ABR Capital Partners, Greenberg Gibbons, Gordon Feinblatt, KLNB and…

When he set out to purchase Edmondson Village Shopping Center, Chicago TREND CEO Lyneir Richardson knew his revitalization plan faced enormous challenges. The 1947 center was dilapidated and vacancy was high. The property had been seriously damaged by two fires, drug dealers were active on site and the back lot…

Anne Arundel County is evaluating updates to its development impact fee structure that would significantly reduce fees for industrial, office and self-storage uses but increase retail fees. The proposal includes adding two new residential fee categories: one for libraries, another for parks and recreation. Anne Arundel has regularly adjusted the…

Cities across the country continue to face challenges attracting and maintaining businesspeople in the post-pandemic environment, which harms downtown restaurants and retailers. But cities such as Baltimore, Boston, Denver and San Francisco are effectively turning to arts and culture programming to activate these urban core areas, with placemaking principles encouraging…

The University of Maryland Baltimore’s nearly $300 million Collegetown development is poised to spur major growth in West Baltimore. But economic conditions, security concerns and government red tape could limit its economic development potential. Approved by the University System of Maryland’s Board of Regents earlier this year,…

Anne Arundel County’s development moratorium in the Baltimore City Sewer Service Area has been lifted. County Executive Steuart Pittman announced the decision in a June 3rd letter to NAIOP.  The letter cited an agreement with the Maryland Aviation Administration allowing the county to borrow unused sewer capacity from BWI…