News

As the General Assembly enters the last week of its 2025 Session, bills related to commercial real estate taxes, fees, and building energy codes remain unresolved. The House of Delegates has passed House Bill 49, the Maryland Department of the Environment’s request for authority to set enforceable…

Twelve months after the container ship Dali collided with a support pier of the Francis Scott Key Bridge, causing the 1.6-mile span to collapse, port operations and the industrial real estate market have rebounded to near-normal levels, with local commercial real estate brokerage professionals indicating the event has little to no…

Through a $15 million renovation with an acutely local viewpoint, Tide Realty Capital is attempting to reinvigorate a long-struggling retail center and contribute to a broader wave of economic growth in northwest Baltimore. Crews led by Chesapeake Contracting Group began work on the first phase of renovations of the 63-year-old…

  Prior to its formation in 1985, CREDA Maryland was known as the National Association of Industrial Properties (NAIP). A local chapter of the national commercial real estate association, the group provided valuable networking opportunities and legislative work, but its leaders wanted to do more. In the mid-1980s, grassroots…

On a 21-acre site behind M&T Bank Stadium, Chesapeake Real Estate Group (CREG) is preparing to execute a transformation. A series of tear-down projects – including the replacement of the Sun Products plant on Holabird Avenue with 1 million square feet of Class A industrial space – taught…

Amid efforts to close a budget deficit, Maryland lawmakers are considering a series of bills that could significantly change the state’s tax environment. Commercial real estate professionals warn those measures could significantly reduce transaction volumes, profit margins and competitiveness of the CRE industry in Maryland. HB 1014, the…

At Continental Realty Corporation, employee surveys flagged the need for expanded communication and collaboration. So, the company launched several initiatives, including the Elevate Team Week. Photo courtesy of Continental Realty Corporation. Somewhere in the midst of all the shifting work norms caused by Covid-19, the post-pandemic era, the…

Throughout CREDA Maryland’s 40th anniversary year, InSites will be engaging with commercial real estate professionals who played integral roles in shaping the mission of the Chapter as it navigated economic conditions and pressing issues impacting its membership. The inaugural discussion brings together Richard Manekin, who was President in 1986-1987 and…

Moore administration legislation to set and enforce electricity use limits in large commercial and multifamily buildings is being prepared for passage by the Maryland House of Delegates. HB 49 would authorize the Maryland Department of the Environment (MDE) to set Energy Use Intensity (EUI) limits and impose…

The Maryland General Assembly is again considering legislation that would require additional studies, review and mitigation based on the cumulative impacts of a wide range of air and water permits. SB 978 / HB 1484 would require the Maryland Department of the Environment (MDE)…