Insights

MacKenzie Represents 177,000 SF Sale

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of 1323 Greenwood Road, a long vacant industrial building totaling 177,000 square feet located in the Baltimore County Northwest submarket. The building was previously home to Connecticut-based printing company, Port City Press, Inc, which closed in early 2018 and was owned by an offshore-based partnership that acquired the property during the roll-up of a number of printing operations.

MacKenzie’s Owen Rouse, Vice President, Investment Sales represented the purchaser in the transaction, Garver Development, who plans to repurpose the facility into branded self-storage.

“The Greenwood Road facility has been in decline for the past several years as a vacant facility and had become a neighborhood eyesore,” stated Rouse. “Garver Development’s experience in both redevelopment and self-storage will be apparent with the product they will deliver.”

 For more information on MacKenzie’s investment offerings, contact Owen Rouse at orouse@mackenziecommercial.com, or 410.494.6654. To learn more about MacKenzie’s full-service platform, please visit www.mackenziecommercial.com.

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MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial development, general construction, property and asset management, multifamily property management, debt and equity capital placement, and GIS/Data Analytics.  With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.