$17 million sale of Edmondson Village Shopping Center and North American Trade Schools’ 55,000 square foot retail lease in Baltimore City highlight the transactions honored.
MacKenzie Commercial Real Estate Services, LLC has been recognized with ten CoStar Power Broker Quarterly Deal transactions for Q3 2023, according to the company which provides information, analytics, and marketing services to the commercial real estate sector. Highlighted transactions included the $17 million sale of Edmondson Village Shopping Center in Baltimore City and North American Trade Schools’ 55,000 square foot retail lease in Baltimore City, which entails a relocation from Baltimore County.
According to CoStar, “as big-ticket items involving sizable investments, commercial property transactions often have a wider impact with the community.” The Washington, D.C.-based company “recognizes the largest leases completed each quarter and the dealmakers who made them happen in their respective markets.”
Henry Deford, Senior Vice President, and Principal with MacKenzie represented Chicago Trend in its $17 million acquisition of Edmondson Village Shopping Center. The new owner intends to move forward with a $3 million property investment program in hopes of stimulating new leasing activity at the nearly empty center.
MacKenzie’s Senior Vice President and Principals Andrew Meeder and Mike Ruocco represented North American Trade Schools in its 55,000 square foot lease with Klein Enterprises at Northwest Plaza, a 230,000 square foot shopping center. CoStar Group termed this lease as the largest retail transaction executed in Baltimore City this year. The trade school anticipates relocating from its long-term home at Security Square Mall in Baltimore County next year.
Matt Mueller, Senior Vice President and Dylan Bozel, Real Estate Advisor of MacKenzie represented Pickleball House in its 27,130 square foot lease with St. John Properties in Greenleigh. The investor team led by the owners of Forty West Tennis Club is bringing a new 10-court indoor pickleball venue to 1330 Innovation Street in Baltimore County later this year.
Dennis Boyle, MacKenzie’s Senior Vice President represented the landlord, K&S Londontown DE, LLC, in Stratosphere Social’s 24,990 square foot lease renewal at 1332 Londontown Boulevard in Eldersburg. The entertainment facility features a high-tech bowling alley, virtual reality experience, full-service restaurant, and bar among other attractions.
Mark Deering, Principal with MacKenzie represented RCM&D in its 24,904 square foot lease with North Park Ventures, LLC. The insurance advisory firm plans to relocate its Baltimore County headquarters from Towson to 4 North Park in Hunt Valley early next year. Joe Bradley, Henson Ford, Dylan Bozel, William Whitty, and Matt Mueller of MacKenzie represented the landlord.
MacKenzie’s Andrew Meeder, Matthew Curran and Daniel Hudak represented Feldman Bergin Properties with the 20,247 square foot renewal of Eastern Moving & Storage at 9716 Pulaski Highway. The logistics company has leased space within the building for more than 10 years.
Joe Bradley, Senior Vice President, and Principal, as well as Matt Mueller, Henson Ford, Dylan Bozel and William Whitty of MacKenzie represented Capital Women’s Care, a medical affiliate of Unified Women’s Healthcare, with two leases at Maple Lawn in Howard County. The women’s healthcare practice network group signed a lease for 16,074 square feet of space at 8171 Maple Lawn Boulevard, as well as an 8,286 square foot lease at 8110 Maple Lawn Boulevard.
Christopher Bennett, Executive Vice President and Principal and Trish Farrell, Senior Vice President, and Principal of MacKenize represented Morgan Stanley, a financial services firm, in its 13,748 square foot renewal at 410 Severn Avenue, located in the Annapolis City Marina.
Trish Farrell and David McClatchy, Senior Vice President at MacKenzie represented Pasadena Senior Center in its 11,878 square foot renewal at Lakeshore Plaza, a St. John Properties-owned retail center in Pasadena, Maryland. Pasadena Senior Center offers a variety of programs and services to local senior citizens, aimed at improving their health and physical well-being.
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates six full-service divisions addressing all real estate asset classes including MacKenzie Management Company, LLC, MacKenzie Contracting Company, LLC, MacKenzie Capital, LLC, MacKenzie Investment Group, LLC and MacKenzie Multifamily Management, LLC. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com