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Real Estate

Lee & Associates to broker Carroll County’s Airpark Square

Airport Square consists of 115 Airport Drive (16,340 square feet of space); 125 Airport Drive (35,778 square feet of space); 1129 Business Pkwy. (27,000 square feet of space) and 1135 Business Pkwy. (32,527 square feet of space). The single-story buildings are cumulatively 65% leased. (Submitted photo)

Columbia-based commercial real estate brokerage and management firm Lee & Associates Maryland Tuesday was named exclusive leasing broker for Airpark Square, a four-building business community comprising nearly 112,000 square feet of commercial office space in Westminster. Positioned adjacent to the ...

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Hill Management reinvests $12M into properties amid COVID-19 shutdown

The Fairgrounds Business Center now sports a newly-installed green exterior facing to highlight its proximity fronting Greenspring Drive in Timonium. The asset was also refreshed with a roadside pylon and new tenant signage. (Photo by Jeffrey Sauers/CPI Productions)

The forced shutdown of businesses in response to the COVID-19 pandemic provided Hill Management Services LLC with the opportunity to accelerate its already ongoing building reinvestment strategy with with an investment of approximately $12 million. The Timonium-based real estate development ...

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RedfinNow launches in Baltimore market

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RedfinNow, the iBuying service from technology-powered real estate brokerage Redfin, launched its services in the Baltimore market. The service allows sellers to request a cash offer directly from Redfin and sell without the hassle of fixing up their homes or ...

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Competition among Md. homebuyers ‘just insane right now’

This home in the Rodgers Forge neighborhood in Towson sold in two days. "There's still such an extremely low amount of homes on the market ... the competition is just insane right now," Stephanie Bamberger, an agent at Cummings & Co. Realtors said. (The Daily Record/Patrick Brannan)

As the residential real estate market heads into a second spring selling season amid the COVID-19 pandemic, buyers, sellers and agents continue navigating a supply-starved market. Agents working in Maryland’s metro areas say the lack of inventory stretches across community ...

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Pandemic’s impact on commercial real estate varying by sector

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The pandemic has wreaked havoc on the commercial real estate market, according to national news reports that offer almost nothing but gloom and doom on the subject. The Federal Reserve last year singled out commercial real estate as especially weak. ...

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Construction industry faces another tough year

(The Daily Record file photo)

The construction industry, nationally as well as in Maryland, faces another tough year as the economic damage caused by the COVID-19 outbreak continues into the spring. Industry analysts expect less volatility in the construction sector in 2021, but number crunchers ...

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How Md.’s construction industry can deal with a post-pandemic future

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When 2020 began, the construction industry across the Baltimore region was thriving.  After a very robust 2019, most contractors and construction companies were looking forward to more of the same. But then the COVID-19 pandemic became the biggest disrupter anyone ...

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