MCB Real Estate’s Post

As the commercial real estate sector hits the halfway point of 2024, Commercial Property Executive spoke to a roundtable of notable industry leaders to get their thoughts on how the year has gone so far, and what's to come. MCB President Gina Baker Chambers was one of the experts asked to weigh in. Gina shared the most striking trends so far and how they'll play out, what's changed the most since January, and where the biggest opportunities remain for 2024- and beyond. Click the link below to read all of Gina's insights. https://lnkd.in/eDH4P5BF #mcbrealestate #mcb #commercialrealestate #cre #commercialbroker #leadership #expertinsight

We would like to extend a huge thank you to everyone who made today’s topping out and naming ceremony for *The Enolia* such a success! Named after Baltimore civil rights pioneer Enolia Pettigen McMillan, the property celebration featured a spectacular lineup of speakers including David Wilson, president of Morgan State University, Dr. Tiffany Mfume, granddaughter of Enolia, and MCB's own P. David Bramble. We also enjoyed inspirational remarks from Julia Glanz, Rich Hunt, Monica Mitchell, Jacqueline Lawson and Daniel Doty. The 151-unit multifamily project will ultimately be home to 473 Morgan students, each one with the capacity to be difference maker and disruptor for future generations- much Enolia P. McMillan herself. A special thanks to Morgan State University, Wells Fargo Foundation, WesBanco, Hamilton-Lauraville Main Street, and Gov. Wes Moore’s office. A huge shout out to the strength, adaptability, and ingenuity demonstrated by Amy Bonitz, Kafayat (Reni) Lawal Daniel Rigaux, Tyler Grau, Patrick Reid, LEED AP, Brendan Harman, Ryan Bailey, Carolyn Robinson-Owens, James Bowman, CPA, MBA, Kristen Durkin, Jarnell Swecker and the rest of our hardworking project team and partners. Your attention to detail and dedication have brought us to this milestone. We are halfway there on our quest to deliver this building in Summer 2025!

MCB is not just about buildings and investments, but people and the areas they call home. Recently, our team spent the day in South Baltimore's Sharp-Leadenhall community to beautify the Solo Gibbs Park. Built in 1979 when I-395 was built, the park commemorates Solomon "Solo" Gibbs, a remarkable Charm City figure who dedicated his life to supporting local kids. And just like Gibbs supported at risk youth who may have been overlooked or marginalized, MCB will continue to focus on the areas that others pass by and seek out the spaces and places that can bring communities closer.  #mcb #mcbrealestate #baltimore #cre #commercialrealestate #commercialdevelopment #commercialretail #givingback #communityinvolvement #community #sharpleadenhall #volunteer

MCB Real Estate President, Gina Baker Chambers provides insights and perspectives on the company's mission to execute complex #commercialrealestate projects that are economically and environmentally sound and serve the specific needs of community stakeholders. The wide-ranging interview also addresses unconventional financing strategies, the 7 principles of project success, and opportunities in mixed-use retail.  Please click here to listen in: https://lnkd.in/eDndKVQc

MCB Real Estate is excited to announce the acquisition of Takoma Park Shopping Center, a 100% leased, 51,205 square-foot retail property in Takoma Park, Md. Anchored by Giant Food supermarket, MCB's long-standing partnerships with leading grocer brands like Giant was pivotal in securing this valuable property, in a region with an average HH income of $117K that had nearly $3B in consumer spending in 2023. Click below to learn more about the deal and how MCB's retail sector expertise helped make it happen. https://lnkd.in/egFDutWm #mcb #mcbrealestate #DCrealestate #cre #commercialrealestate #commercialdevelopment #commercialretail

We are thrilled to announce that Jared Stile, CPA, MBA has joined our team as the new CFO, bringing over 25 years of expertise to our rapidly growing firm. Jared will be charged with spearheading our financial strategies and overseeing accounting functions for MCB's varied commercial real estate assets. With his practical guidance, structured approach, and strong financial discipline, he's a natural fit for our team. Click the link below to learn more about Jared and how he aligns with the future of MCB. https://lnkd.in/epVr6pft #mcb #mcbrealestate #CRE #commercialrealestate #realestatedevelopment #commercialdevelopment #realestatedeveloper