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Members of the Maryland House of Delegates are preparing to reintroduce the “Better Buildings Act,” which would ban the use of fossil fuels for water and space heating in new construction and major renovations, mandate a glide path to zero energy buildings as well as installation of…

More than 20 NAIOP-MD Developing Leaders got into the holiday spirit early by volunteering their time at The Salvation Army of Central Maryland in late November. The group gathered in Baltimore City to sort and pack more than 1000 toys and stockings, which will be distributed to Maryland children and…

A pair of major developments on opposite sides of downtown Baltimore are striving to support growth of the region’s life sciences/biotech sector. The initiatives, however, face softened market conditions. In November, state and city governments announced a $2.2 million loan package for Connect Labs – 35,000 square feet of pre-built…

Located at the intersection of Maiden Choice Lane and Westland Boulevard, the Arbutus Shopping Center was a solid but not extraordinary retail property. The 40-year-old, nearly 88,000-square-foot center is anchored by a Weis Markets grocery store with co-tenants such as Walgreens, Dollar Tree, Advance Auto Parts, Truist Bank and several…

After years of consultations between state officials and a stakeholder group, a new stormwater management regulatory structure for Maryland appears to be taking shape. The initiative began with the passage of SB 227 in 2021. Drafted in response to severe flooding events in Ellicott City, Rockville and elsewhere, the legislation…

It has the potential to automate time-consuming administrative tasks, analyze vast amounts of data, forecast risks and opportunities, and enable workers in every facet of the commercial real estate industry to channel their time into thoughtful, impactful activities. But harnessing the power of Artificial Intelligence (AI) requires a prolonged, disciplined…

Following historic low investment sales activity in 2023 across all real estate asset classes, the pace increased this year and some are expressing guarded optimism that momentum will accelerate in 2025. Experts who participated in a recent NAIOP-MD roundtable agree that lower interest rates have helped spur activity, encouraged new…

Photo courtesy of St. John Properties, Inc. With a diversified economy, growing population and available land, the Salisbury-Wicomico County area is looking like an increasingly attractive market to some commercial real estate professionals. In October, St. John Properties broke ground on its first development in Salisbury, Westwood Commerce…

A week after President-Elect Donald Trump swept the battleground states to take the White House, a Republican majority holds the Senate, and Republicans are close to retaining control of the House of Representatives, although several House races remain too close to call. A Republican federal electoral sweep could set the…

The best time to acquire commercial real assets is “when things are at the bottom” and “that was six months ago.” That was one conclusion delivered by Spencer Levy, CBRE’s Global Client Strategist and Senior Economic Advisor, at NAIOP Maryland’s annual Capital Stack event. Speaking one day…