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Photo courtesy of The MacKenzie Companies May 14, 2020 – With companies everywhere being forced to “learn on the fly” in varying aspects of daily business activities, so too is the case for the marketing departments of Maryland-area development and brokerage firms in response to maintaining a continuing schedule…

May 14, 2020 – The safe and sustained reopening of buildings has emerged as a key priority among developers, landlords, employees and medical professionals, and CREDA Maryland continues to monitor the release of information detailing best practices both locally and nationally. New data and guidance are disseminated on a…

May 14, 2020 – The force majeure (French for “superior force”) clause has elevated into the “trending” category among real estate professionals and has emerged as an often-discussed leverage tool to help businesses escape from contractual obligations. By definition, the clause is included in legal documents to offer protection…

What protocols are being installed to prepare for companies returning to the office? Sarah AltManaging DirectorCushman & Wakefield “Cushman & Wakefield has a robust and detailed plan for re-entering the workplace, to include a 34-page document outlining best practices in social distancing, as well as governmental guidelines on…

National Real Estate Investor recently sponsored a webinar, in conjunction with AppFolio Investment Management, to address strategies for maintaining continuity in the commercial real estate industry and to ease investor fears during the COVID-19 crisis. The following are some of the key excerpts of the session, which was led…

Existing, strong demand for cold storage space is expected to climb even higher as a result of the COVID-19 pandemic. A CBRE report released in April estimates that growing online grocery sales will necessitate the development of 75 million to 100 million square feet of additional industrial freezer/cooler…

Not surprisingly, this month’s CREDA Maryland survey painted the image of an industry facing challenges and uncertainty but holding hope that conditions will improve before too long.  Cash-flow problems created by the COVID-19 crisis are impacting Maryland’s commercial real estate industry in multiple ways. Developers who responded…

Several times each week, Abby Glassberg of NAI KLNB travels from her home in Columbia to a large warehouse in Baltimore City to complete a four-hour evening shift assembling face shields to support medical professionals within the Johns Hopkins Medical System. A self-described “morning person,” Abby has worked the…

They have been described as urgent acts of adaptive re-use. Around the country, property owners, architects, engineers, builders and emergency response professionals have been working to convert convention centers, hotels, dormitories, parking garages, office buildings, empty retail space  and open air sites into field hospitals, testing sites, quarantine…

Sometime next week, Governor Larry Hogan expects to unveil a roadmap for restarting Maryland’s economy. But during a press conference Wednesday afternoon, Hogan stressed that the decision to reopen the economy will be more difficult than last month’s decision to close it down. Maryland officials are seeing “hopeful…