News
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Maryland commits to suite of transformational climate policies
September 26, 2023At the UN Climate Summit in New York City, Maryland Governor Wes Moore signed onto a joint commitment from a coalition of 25 states, known as the U.S. Climate Alliance, to collectively deploy 20 million new heat pumps by 2030. The goal is expected to quadruple the number of residential…
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Tradepoint Atlantic aims to empower small, diverse companies
September 26, 2023Photos courtesy of Tradepoint Atlantic. What started out last spring as a “back of the napkin idea” has catapulted a dozen construction companies into an intensive program designed to equip leaders of historically disadvantaged businesses with deeper knowledge, potent contacts and opportunities to…
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Industry Roundtable: Lessons learned from commercial real estate veterans
September 13, 2023The commercial real estate industry is known for its cyclical and unpredictable nature, but events over the past several years led by the pandemic and its lingering impact, the work from home phenomenon, the shifting of office space from the urban to suburban environments, and the unprecedented…
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Could rent law harm Montgomery County’s economy?
September 13, 2023An effort by Montgomery County Council to stabilize rental rates is raising concerns that the legislation could actually exacerbate the housing affordability problem and damage the county’s economy. After months of hearings, more than a dozen amendments and a voting marathon, council members passed legislation in July…
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Retail Refresh: Renovated centers attract strong leasing
September 13, 2023As the pandemic was still unfolding, retailers were adapting, e-commerce kept surging and concerns grew about inflation and a possible recession. But some CRE professionals embarked on contrarian initiatives and began amassing investment funds to purchase retail properties. Select renovations to Padonia Village attracted a…
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After 75 years in the same Baltimore location, Titan Steel Corporation needed to move. The manufacturer of steel and aluminum core products for clients around the world selected a site in Hollander Business Park. Even though the new, 100,000-square-foot, tilt-up concrete building would be designed for industrial use, the project…
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The Maryland Department of Environment (MDE) has released draft guidance on the implementation of its state-wide Building Energy Performance Standard (BEPS) regulations. The guidance, linked here, provides deadlines and instructions related to reporting building energy use and emissions beginning in July 2025, definitions of exempt building types…
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Mentors, Mistakes and The Mayor: Developing Leaders hear how to advance their careers
August 30, 2023From industry leaders to sports coaches to successful people in myriad sectors, mentors come in endless forms. During the “Morning with Mentors” event last week at Baltimore Peninsula, six commercial real estate veterans – representing the brokerage, construction management, development, and financial services industries – doled out advice on how…
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Curated amenities key to attractive offices
August 16, 2023The terrace at 6100 Merriweather Drive in Columbia. The desire to entice workers back to offices is compelling commercial property owners and their tenants to rethink and renovate workspaces. However, the path to creating truly attractive offices isn’t entirely clear. Despite workers’ widespread desire for…
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Food, wellness, and technology impacting retail sector
August 16, 2023The pandemic-fueled grocery store high may be wearing off, but emerging wellness brands are expected to fill shopping center vacancies and new technology continues to drive retail sales. Those were a few of the insights provided during the “Retail Q3 Update: Trends and Tactics to Watch” webinar jointly sponsored by…