News

As Mayland jurisdictions work to both attract data center developments and address community concerns, one challenge looms over the entire industry – meeting vastly higher energy needs. Industry watchers say governments and businesses need to embrace new ways of meeting growing energy needs or risk stifling economic development in Maryland.

Amid the focus on energy and budget debates, a largely overlooked transportation measure is beginning to make its way through the Maryland General Assembly. The Transportation Climate Alignment Act (HB 437 / SB 59) would establish new regulatory hurdles for major highway capacity projects and direct the Maryland Department of…

As President and CEO of CREDA, Marc Selvitelli presides over the Herndon, Virginia-based organization with a mission to “elevate the commercial real estate development industry, strengthen member value proposition, and provide robust advocacy activities, as well as education and research resources.” This summer, the trade association is shifting to a…

Months of debate, a detailed study and sometimes heated feedback from the public left Prince George’s County officials probing the economic benefits, development challenges and regulatory complexities of data center developments. A task force report and set of policy recommendations recently equipped the county with a path forward. But policymakers…

When Rite Aid pulled out of Padonia Village Shopping Center, Continental Realty Corporation transformed the space into a childcare center. Photos courtesy of Continental Realty Corporation. Store closures by Rite Aid, CVS, Joann Fabrics and Crafts, Party City, Big Lots, Bed Bath & Beyond, and other major retailers…

A dramatic drop in multi-family permitting in Montgomery County has drawn sharp criticism, big questions and some rethinking of county policies. Data released by the county’s Planning Department showed a major change in the number of multi-family units permitted since County Council enacted a rent control law in July 2024.

In most respects, the Columbia Toastique site was outstanding. Located within Howard Hughes’ redevelopment of the Merriweather District, it was positioned between two new apartment buildings, near other retail, and right on the edge of Color Burst Park. The kiosk site would be prime real estate in a dynamic…

As Maryland lawmakers convene for the 2026 General Assembly session, they face a challenging agenda headlined by the affordability of energy and housing. Solutions will be shaped by a revamped House leadership team, limited by a weak economy which is contributing to a $1.5-billion state budget shortfall, and pressured by…

A growing number of companies – led by defense contracting firms which need to establish operations quickly – are finding spec suites are the immediate answer to their real estate requirements. The concept, which is short for “speculative suites,” significantly quickens move-in schedules because these spaces are finished, turn-key and…

The Beatles’ song “All you need is love” was the central theme at this year’s Capital Stack event, which provided a commercial real estate update and economic overview using macro and micro perspectives. Intermingled with his nostalgic song mix, however, was a powerful message delivered by Spencer Levy, CBRE’s Global…