News

  • County aims to ease concerns, reap benefits of data center development

    County aims to ease concerns, reap benefits of data center development

    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…

  • Empty storefronts present opportunities and headaches

    Empty storefronts present opportunities and headaches

    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…

  • Montgomery County wrestles with sharp drop in multi-family projects

    Montgomery County wrestles with sharp drop in multi-family projects

    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.

  • Electrical vault forms foundation for urban restaurant

    Electrical vault forms foundation for urban restaurant

    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…

  • General Assembly faces energy, housing, budget and other challenges

    General Assembly faces energy, housing, budget and other challenges

    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…

  • Immediate move-in possibilities fuel popularity of spec suites

    Immediate move-in possibilities fuel popularity of spec suites

    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…

  • CBRE’s Spencer Levy sees plenty to be optimistic about in Baltimore

    CBRE’s Spencer Levy sees plenty to be optimistic about in Baltimore

    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…

  • New officers and board members elected

    New officers and board members elected

    Sean Doordan, Senior Executive Vice President, Acquisitions and Growth, St. John Properties was elected President of CREDA Maryland at the recent Holiday Luncheon. Doordan will serve a two-year term beginning January 1, 2026. Additional officers, also serving two-year terms, will be Scott Wimbrow, President and Principal, MacKenzie Commercial Real…

  • Proposed nontidal wetlands regulations could expand mitigation options

    Proposed nontidal wetlands regulations could expand mitigation options

    The Maryland Department of Environment (MDE) has proposed changes to nontidal wetlands regulations that could increase costs but also open up mitigation options for development teams. Maryland wetlands fee-in-lieu and mitigation banking options are severely limited because the state’s regulatory framework does not comply with the U.S.

  • Howard County leads nation in Complete Streets

    Howard County leads nation in Complete Streets

    It has required broad consultation, revised design standards, staunch commitment, and ongoing experiments, but Howard County’s Complete Streets Program has been ranked number one in the nation by Smart Growth America. The policy and design manual, which was developed through discussions with individuals from a wide range of professional and…