MCRES Brokers Sale of Condominium Unit at 114 Holsum Way for $1.33 Million
Extensive Tech acquires 8,200 square foot space in Glen Burnie from MSN Properties
MacKenzie Commercial Real Estate Services has brokered the sale of an 8,200 square foot condominium unit at 114 Holsum Way in Glen Burnie to Extensive Tech Services. MacKenzie’s Bryan Herr, Vice President; Oliver Fryer, Vice President; and Matthew Curran, Senior Vice President and Principal represented the landlord/owner, MSN Properties, in this transaction.
Extensive Tech is provider of personalized cleaning services for a wide range of commercial properties across Maryland, Virginia, and Washington DC. The group offers a comprehensive suite of services to restaurants, hospitals, airports, schools, and government facilities.
Situated at the intersection of Holsum Way and Chesapeake Center Drive, 114 Holsum Way was delivered in 1976 and is equipped with 16-foot ceiling heights, a drive-in loading dock in the front of the space, and two dock loading doors in the rear. The site is located less than three miles from Interstates 695 (Baltimore Beltway) and 895 and 97, and is approximately four miles from BWI Airport.
“Acquiring a condominium unit is extremely attractive to stable companies which have a firm grasp of their long-term commercial real estate requirements and are looking to build equity, rather than paying rent,” stated MacKenzie’s Herr. “Following the completion of minor physical improvements, Extensive Tech will own an asset that provides the corporate office and warehouse/staging space the company needs, and in a strategic location near their existing and future customers throughout the greater Baltimore-Washington, D.C. region.”
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates five full-service divisions addressing all real estate asset classes including MacKenzie Management Company, MacKenzie Contracting Company, MacKenzie Capital, MacKenzie Investment Group and MacKenzie Multifamily Management. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com
