The commercial real estate industry has far-reaching effects across nearly all other industries. As we’ve learned from our decades of experience in commercial real estate, each new year brings a unique set of challenges that we must contend with as well as thrilling developments that we welcome and enjoy. While not all predictions come true,…
The wait is finally over—after over a year of nail-biting anticipation, Amazon has made a decision regarding the home of its second headquarters. And in true, innovative Amazon fashion, HQ2 will actually be two locations: Long Island City in New York City, New York and National Landing in Arlington, Virginia. Let’s take a closer look…
Since the mid 2000s, coworking has been positively disrupting the commercial real estate industry. We say disrupting in the sense that it was a major change to the way businesses traditionally hunted for office space, but positively in that it offered much more affordable options for small businesses, freelancers, and others—the Creative Class—who were seeking…
When the first shopping mall opened in Edina, Minnesota in 1956, no one knew how this once unique scene would shape the future of consumer shopping habits. Fast forward to over 60 years later, and shopping malls are now everywhere; the Baltimore-Washington region alone has over two dozen malls to choose from. Unfortunately, though, shopping…
Your office space is much more than a place where you run your business—it can dictate the success of your organization, the type of talent you attract, and the productivity and creativity of those who work for you. Given the importance of deciding on a suitable office, which involves considerations like location, demographics, and everything…
Murphy Commercial Teams up with Global Real Estate Firm Mohr Partners, Inc. and Finds New Home for The Mentor Network Murphy Commercial was pleased to be chosen as the local real estate partner of global real estate firm Mohr Partners Inc. for the expansion and relocation of The Mentor Network at 2525 Lord Baltimore Drive…
Influential trade decisions and tariffs, such as the ones affecting the prices of steel and aluminum, have a long-reaching effect on thousands of businesses in the United States, including those in the commercial real estate industry. Although the long-term effects of these tariffs will be unknown for a while, we can at least make educated…
The United States has always been a haven for small businesses, particularly those operating in the retail space. But with the age of the Internet and an eruption of countless choices for consumers, these once-thriving retail stores are now closing their doors in scores—a trend that’s left many business owners wondering what went wrong. Interestingly,…
In 2011, 35% of Americans owned smartphones; now, in 2018, that number has grown to 77%. With the rise of smartphones has come to a sense of dependence on these useful devices—from business applications to social media, our phones make daily tasks much, much easier. As a direct result of this dependency, and the accompanying…
On May 27, 2018, eight inches of rain pummeled the streets of historic Main Street in Ellicott City, Maryland, flooding homes and businesses alike in a span of two hours. After the storm, it was quickly apparent that the town had a lot of rebuilding ahead. But as is the case with most storms, it’s…