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Industrial Momentum Stalls During 2nd Quarter

MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Industrial Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, President of Sage Policy Group. After several years of steady, sometimes spectacular progress, the Baltimore regional warehouse market took a step back during…

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MacKenzie Quarterly Market Report – 2nd Quarter 2015

DOWNLOAD REPORT MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Office Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, Chairman and CEO of Sage Policy Group. Through it all, Office Market Momentum Persists The second quarter was certainly an interesting…

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Healthy Paranoia: Enjoy the Good Times but Move Forward with Caution

My friend, Mike Gill, Secretary of Business and Economic Development for Maryland has a saying, “It’s good to practice healthy paranoia.” This is currently the practice of many professionals in our industry. Although things are going pretty well right now with strong demand, we have seen in the past that this is a fragile recovery…

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Regional Industrial Market Carries Momentum into 2015

DOWNLOAD REPORT Both Warehouse and Flex Markets Begin 2015 on Positive Note The Baltimore regional industrial market maintained its momentum during 2015’s initial quarter. Once again, net absorption in the warehouse segment topped one million square feet. The flex market absorbed more than 45,000 square feet after slipping during 2014’s final quarter. Though many who…

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MacKenzie Quarterly Market Report – 1st Quarter 2015

DOWNLOAD REPORT Baltimore Office Market Recovery Stalls Absorption Slips, Asking Rents Stagnant Since the Great Recession ended, the pace of recovery in Baltimore’s office market can be characterized with one word: grinding. But it has been a recovery. Net absorption has been generally positive with quarter to quarter and office vacancy rates edging lower. If…

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Regional Industrial Market Ends 2014 on a Strong Note

DOWNLOAD REPORT Both Warehouse and Flex Markets Sustain Momentum into the New Year The Baltimore region’s industrial market remains vibrant as various economic actors continue to leverage the region’s strategic location and intermodal transportation infrastructure. Net absorption in the regional warehouse segment totaled 1.2 million square feet (msf) during the fourth quarter, with the Baltimore…

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MacKenzie Quarterly Market Report – 4th Quarter 2014

DOWNLOAD REPORT Maryland Now among Nation’s Slower Growing States There was a time when Marylanders could feel quite good about their economy. Even during the most recent economic downturn and its immediate sloppy aftermath, Marylanders could take some comfort knowing that the state’s economy was somewhat insulated from the worst possible economic outcomes by a…

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2014 End of year Retail Market Report

DOWNLOAD REPORT The good news is the U.S. economy appears to be growing again. The Washington Post reports that GDP is the best in a decade. For the three months ending in September the economy experienced a five (5 percent) percent annualized growth. This is combined with robust consumer spending, low levels of personal debt,…

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