Blo Dry Bar is located at Festival at Riva 2323 Forest Drive. Blo Dry Bar will join TJ Maxx, Michaels and is adjacent to the PM Pediatrics within the center. This is owner, Shar Farrell’s, first of several Blo Dry Bar franchises. “As a local resident I just knew there was a great need…
DetailsThe Anne Arundel County Executive recently announced seven bills that would impact the development process in our area. Let’s take a closer look at these seven bills and what they would mean for development in Anne Arundel County. Bill No. 17-18 Bill No. 17-18 details the possibility of implementing a temporary moratorium on certain rezonings…
DetailsAccording to the NAIOP Research Foundation’s “Economic Impacts of Commercial Real Estate, 2018 Edition”, Maryland ranks number seven in the United States in terms of state gross domestic product generated by office real estate development. The report further stated that commercial real estate in Maryland supports nearly 48,000 jobs and contributes $7.78 billion to the…
DetailsMurphy Commercial Real Estate was a proud sponsor of the 2018 Denim and Diamonds Spring Benefit Bash sponsored by the Anne Arundel Medical Center Foundation. The event was held on April 28th, and Dennis Murphy, Joe Sera, Randy Miller, and their guests attended. “Murphy Commercial Real Estate was proud to be one of this year’s…
Details2018 Second Quarter Newsletter Murphy Commercial Teams up with Global Real Estate Firm, Mohr Partners, Inc. and Finds New Home for The Mentor Network Royal Farms “Connects” to Intercounty Connector AdsIntelligence Sells Office Property and Finds New Headquarters in Millersville Atlantic Bedding and Furniture Expands Showroom to Annapolis Design District Murphy Commercial Teams up with…
DetailsAfter weeks of anticipation, commercial real estate experts watched their prediction come true when the Federal Reserve raised interest rates from 1.75% to 2%. This move comes on the heels of an increase in March from 1.5% to 1.75%. In their reactions, most economists touted the move as a sign of a strong and steadily…
DetailsOn 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…
DetailsIn 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…
DetailsThe 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,…
DetailsInfluential 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…
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