MCRES Achieves Record-Breaking Year with Nearly 950 Lease and Sales Transactions Completed in 2025
Total square footage volume increased by 23 percent, number of transactions improved by 12 percent, and out-of-state activity rose by 50 percent
MacKenzie Commercial Real Estate Services, LLC achieved a record-breaking year in 2025 with the completion of 943 lease and sales transactions, representing an increase of 12 percent over 2024, and a 23 percent improvement in total square footage volume. The commercial real estate brokerage arm of The MacKenzie Companies completed transactions in 25 states across the country – a rise from 21 states the year before – and improved the number of out-of-state transactions by a 50 percent ratio.
“Due to the change in administration and some uncertainty to begin the year, 2025 got off to a slower-than-normal start but progressively picked up speed in late Q1, and was especially buoyed by an extremely active third quarter,” stated Scott Wimbrow, President & Principal, MacKenzie Commercial Real Estate Services. “By every metric, we had a record-breaking year in terms of the number of lease and sales transactions, and total square footage volume. “All asset classes, ranging from commercial office to warehouse/industrial to retail, demonstrated strength and resilience. The Industrial Outdoor Storage sector, which sprung to prominence several years ago, was among the most active categories.”
Wimbrow added that 2025 was the best year in the history of MacKenzie Commercial Real Estate Services in terms of gross revenue. The company generated a 7 percent increase in transactional volume value, hired four new full-time brokers and is actively recruiting additional leasing and sales professionals.
“A substantial component of our growth was our work completed outside of Maryland, which is consistent with many commercial real estate companies located here,” Wimbrow added. He cites a 50 percent increase in transactions completed outside the state, a figure achieved in part by the opening of a new regional office – the division’s sixth – in Charlottesville, Virginia in mid-2024. MacKenzie Commercial Real Estate Services plans to expand further into central and southern Virginia. The company is also eyeing the Nashville, Tennessee area to support the work being performed in that region by another affiliate division, MacKenzie Investment Group.
“Many of our clients have asked our team to follow them outside the boundaries of Maryland and, as we have achieved success there, while also securing new opportunities,” Wimbrow said. “Each of our offices benefit from the full support from our vertically-integrated corporate headquarters including market research, marketing and public relations and accounting services.”
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, and MacKenzie Investment Group. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com
