News

The State of Maryland has announced a partnership with the AI company Anthropic and implementation partner Percepta to integrate Anthropic’s Claude AI models into the operations of state agencies. Anthropic will provide Claude AI to workers across state agencies, providing technical support to accelerate the deployment of AI-powered…

An uncommon marriage of retail and self-storage has helped revitalize an old and challenged suburban shopping center. Two months after Greenberg Gibbons acquired the Reisterstown Shopping Center, its anchor tenant — Mars Super Markets — announced it was closing all stores. The 50-year-old center’s occupancy soon plunged to 65 percent.

The One Big Beautiful Bill/Act (OBBB), which was signed into law on July 4, promises to significantly affect the national and local commercial real estate sector with its tax incentives, impact on raising and deploying capital, and favorable approach to Opportunity Zones. At a recent seminar sponsored by Land Services…

Extraordinary planning landed the Mayor’s Office of Employment Development as the anchor tenant in Reservoir Square’s new commercial space. Image courtesy of MCB Real Estate. From bespoke projects in distressed neighborhoods to reinventions of century-old industrial sites to the green build of an entirely new community, developers…

From the Summer Social to Developing Leaders programs, the Capital Stack presentation, and countless community service projects, CREDA Maryland members know how to mix business, learning, and fun. Over four decades, this vibrant community has shaped careers, sparked friendships, and built lasting connections across the industry. To celebrate 40…

(From left to right) Brendan Gill, Kristi Smith and Ben Nichols. Photos courtesy of Howard Hughes Communities. 2025 has been an extremely tumultuous year for the business and real estate communities — especially for those operating near our Nation’s Capital, given the on-again, off-again tariffs policy, the…

Recent increases in electricity prices and projections that Maryland will likely face further price hikes and growing energy shortages in the coming years is compelling some commercial real estate owners to search for ways to contain their costs and secure their energy supply. Many owners of industrial…

Proposed legislation to expand Anne Arundel County’s adequate public facilities (APF) requirements to include more types of transportation has spurred some industry experts to suggest the county follow lessons learned by Montgomery County after it launched a similar multi-modal initiative. In October, Anne Arundel County Executive Steuart Pittman…

The Maryland Department of the Environment has provided advance notice of proposed revisions to the state’s stormwater management regulations and stormwater design manual.  Written comments on the advance-notice version of the draft regulations and design manual will be accepted through December 19, 2025. The advance notice comment period is…

As the federal government shutdown reaches the one-month mark, commercial real estate professionals are assessing the closure’s current and potential impacts on the CRE sector. Maryland is positioned to incur some of the biggest impacts in the country. The federal government is the single largest employer in the state…