News

This summer, the Maryland House Ways and Means Committee, chaired by Delegate Vanessa E. Atterbeary (Vice‑Chair Delegate Jheanelle K. Wilkins), is conducting a summer study on Land Value Taxation to investigate the implications of granting Baltimore City the authority to overhaul its property tax system using a Land Value Taxation model. Variations…

The traditional office market may be wrestling with diminished demand and heightened costs, but one submarket – the Sensitive Compartmented Information Facility (SCIF) market – is enjoying strong demand while tackling new requirements for technological advances. A growing trend in SCIF projects is integrated design:…

CREDA Maryland, together with the Baltimore business and real estate communities, mourns the recent passing of Richard M. Alter (81) and Craig M. Smith (82). Richard Mark Alter Alter joined Manekin, LLC in 1971. Appointed as President and CEO in 1987, Alter oversaw all operations and development activities for…

Tom Burton, Senior Managing Director and Chief Investment Officer for ABR Capital Partners and Charlie Fenwick, Managing Director of Cushman & Wakefield, created the idea of Charm City Interns five years ago with a singular mission: showcase the outstanding real estate career opportunities available to young professionals in the Baltimore…

In the post-Covid world, arts are playing a bigger role in investment decisions and employee retention. Photo courtesy of Howard Hughes. From the $240 million transformation of CFG Bank Arena to the $68 million Performing Arts Center in Columbia to construction of maker spaces, cultural centers, artists flats…

A spike in the price of peak-load electricity is fueling discussions about how to contain buildings’ operating costs and options to address Maryland’s energy shortage. Earlier this year, the annual auction for capacity energy — i.e. the cost of maintaining and accessing additional standby power during peak-load hours — produced…

Sustainability goals and requirements can be challenging in construction and renovation projects. But they can also be impressive, effective features that contribute to successful commercial real estate projects. Manufacturing site solutions Photo courtesy of Arium AE. Arium AE served as both the Architect and MEP Engineer for the…

Pictured from left to right: CREDA women presidents Abby Glassberg, Principal, KLNB (1998-1999); Dianna Wilhelm, Partner, Wilhelm Business Enterprises (2012-2013); Kate Jordan, Principal, Lee & Associates | Maryland (2024-present) and Cathy Ward, formerly Senior Vice President, Corporate Office Properties Trust (2006-2007). In the 40-year history of CREDA Maryland,…

Michael Tait, Leasing Representative, St. John Properties, Inc., has been named 2025 CREDA National Developing Leader of the Year. Tait is one of only four other members among the nearly 60 CREDA chapters to be awarded the honor this year. The National Developing Leader of the Year is awarded to…

The Maryland Public Service Commission (PSC) issued an order on June 13, 2025, directing changes to how utilities charge new customers for natural gas service and mainline extensions. The order directs the PSC technical staff to draft regulations by December 1, 2025, that require new natural gas…