Business publication and conference host Biznow recently put on an event to discuss the state of the commercial real estate market in Baltimore. It was held, appropriately at the Warehouse at Camden Yards, an example of the vitality of the area. Influencers in commercial real estate, retail and entertainment spoke at the morning gathering. The state of the Baltimore market, the business climate, local economic growth, and key trends and issues on the horizon were tackled. The commercial experts sought to debunk what the publication calls “four real estate myths driving many deals today.” And here are those myths, along with the proof points that they are fallacy: A laser-like focus on millennials only Millennials, while a significant demographic and coming into their own in the world of business, are not the be-all and end-all. In fact, panelist and Continental Realty Corp CEO JM Schapiro said that the focus on this demographic was “way overrated.” He pointed...
- A recent event in Baltimore brought together thought leaders on the city's renaissance.
- Commercial real estate developments were the focus.
- Myths that were busted included the idea that Baltimore is a hard sell to out-of-towners.