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“Achieving normalcy” should not be the primary goal of employers as they strive to create equitable return-to-work arrangements, satisfy work-from-home demands, and optimize productivity and workplace culture. That was a core message of experts participating in a recent webinar sponsored by iOffice + SpaceIQ. The healthcare crisis has shifted the…

New terminology is added to the commercial real estate vernacular on a near-daily basis. At the CREDA Maryland March Madness event, we asked several participants to provide their definition of the “future-proof office” concept. Here are their answers, with the actual definition below.   “Many companies were caught flat-footed when…

The Climate Solutions Now Act – setting some of the most aggressive greenhouse gas (GHG) reduction goals in the country – has passed the Maryland General Assembly. Now, the difficult, detailed work begins of figuring out how to implement it. The Climate Solutions Now Act (SB 528) requires the state…

The continued softness of the downtown commercial office market, aging office stock, success of the hybrid and work-from-home models, and the critical need for additional multifamily housing are collectively driving the sustained conversion of office buildings into apartment communities. A high-profile example of this trend in Downtown Baltimore is the…

By David McClatchy, MacKenzie Commercial Real Estate Services I have found that, in some cases, things are not always what they seem to be on the surface which, in the world of commercial real estate, often translates to an amazing opportunity. That situation perfectly describes a five-acre tract…

After two years of shopping largely online, consumers’ renewed desire to visit brick and mortar stores, touch and feel products, and obtain immediate gratification has increased optimism among retail landlords, according to experts participating in a recent webinar sponsored by Placer.ai. To leverage this phenomenon, however, retailers will need to…

The debate over proposals to transition Maryland buildings to electric heat and hot water systems has saddled state legislators and industry leaders with a daunting question: How do you build an electric grid capable of delivering much more power while also converting to renewable sources of electricity?…

Multifamily market attracts robust investment Strong investor interest and consumer demand is producing a rich variety of multifamily spaces in Maryland, from the Marlow in Columbia to a rooftop terrace at 1111 Light Street, a pool at Padonia Village and a pool room at the…

With demand for light industrial and distribution space continuing to experience strong growth, some Maryland CRE companies are expanding to other states to serve client needs and seize market opportunities. Even in a good economy, however, expanding into a new market is a major and potentially risky business operation. How…

Employees continue to slowly migrate back into traditional workplace settings, but the process has been slow and tedious for companies to effectively communicate, if not demonstrate, why the workplace provides an environment for heightened productivity, career advancement and acceptable safety. During his State of the Union address, President Biden declared…