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Real Estate

Amazon plans 2nd massive fulfillment center at Tradepoint Atlantic (access required)

Amazon plans to open another massive fulfillment center at the Tradepoint Atlantic development on Sparrows Point. Tradepoint Atlantic said Thursday that Amazon plans to add a 1-million-square-foot property. The online retailing and cloud infrastructure behemoth already operates an 855,000-square-foot fulfillment ...

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Klein Enterprises’ COVID-19 hurdles reflect industry’s challenges

Daniel Klein, president of Klein Enterprises, said the family-owned firm’s diverse portfolio provides some protection against the economic crisis created by the COVID-19 pandemic, but they’re not immune. Klein’s challenges offer an insight into the challenges confronting companies spanning a ...

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Md. real estate shows symptoms of COVID-19 slowdown

The housing market in Maryland’s two major metro markets started strong before the COVID-19 pandemic prompted lockdown orders from elected officials. Both Baltimore and Washington metro areas, according to MarketStats data by ShowingTime, posted their highest median March sales prices ...

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CRE firms find upside in Maryland post-COVID-19

Commercial real estate professionals are bracing for extremely slow activity in both leasing and sales across asset types for the foreseeable future, even after COVID-19 stay-at-home orders are lifted. While “a robust data set” recording the economic toll of the ...

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Howard County buys final flood-prone Ellicott City property (access required)

Howard County Executive Calvin Ball said Monday his administration has finalized the purchase of all 10 properties on lower Main Street in Ellicott City as part of a plan to protect the flood-prone historic retail district. The county most recently ...

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