Insights

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of a five-building industrial complex totaling 156,811 square feet known as the Azar Industrial Complex in Glen Burnie, Anne Arundel County, Maryland. Situated at 100, 115, 126, 127, and 128 Roesler Road and with 24 tenants in place, the complex was 95% leased…

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MacKenzie Management Company, LLC, is thrilled to announce that $35,000 has collectively been donated to the Maryland Food Bank (MFB) in honor of the tenants in the buildings they manage. Funded by MacKenzie Management’s clients, efforts for the collection were put in place in lieu of providing tenants with traditional holiday gifts. Tenants will receive…

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MacKenzie Management Company, LLC is pleased to announce it has been awarded the property management and maintenance services contract for 8530 Corridor Road, a 55,000 square foot office building in Corridor 32 Business Center in Jessup, Maryland. With this assignment, MacKenzie now manages the entire complex, which includes three buildings  totaling 131,584 square feet on…

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MacKenzie Management Company, LLC is pleased to announce they have been awarded the property management and maintenance services assignment for 12440 Parklawn Drive, located in Montgomery County, Rockville, Maryland. Totaling 30,000 square feet, the recently renovated office building is part of Twinbrook Metro Park. MacKenzie Management’s Jessica Escobar will be managing the project on behalf…

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elevator lobby with multiple elevators along the walls

As buildings begin to age, there’s often the need for a complete upgrade to the elevator(s), commonly referred to as an Elevator Modernization. The costs can vary depending on the specific needs of your building, but most Elevator Modernizations are major capital expenditures costing in the hundreds of thousands of dollars, so it’s important to…

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MacKenzie Management Company, LLC, the region’s largest locally-owned third party management firm, is pleased to announce they have been awarded the property management and maintenance services assignment for 4200 Forbes Boulevard in Lanham, Prince George’s County, Maryland.  Known as Forbes Tech Center, the building is 61,000 square feet that combines two-story office space with single-story…

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Anne Arundel Gastroenterology Associates has selected MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, to provide property management services for their building located at 820 Bestgate Road in Annapolis, Maryland. This assignment brings MacKenzie’s portfolio of property managed in Annapolis to just over 700,000 square feet throughout 10 buildings.  The 41,413…

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MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is excited to announce their portfolio has increased by 81,000 square feet with the addition of two buildings located in the Corridor 32 Business Park in Jessup, Maryland.  The buildings are 8510 Corridor Road, a 30,186 square foot office building that was recently…

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Buyers of properties should be aware of the refrigerants used in any assets they are acquiring, so that associated costs can be appropriately budgeted. This is an issue that should be a high priority during due diligence. Owners of properties with older systems will have choices to make when repairing them and may determine that…

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MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is pleased to announce they have been awarded the property management and maintenance services assignment for Stonewood Business Center in Columbia, Maryland.  Situated at 7165, 7175, 7185, and 7195 Oakland Mills Road just off Snowden River Parkway, the project includes four flex buildings…

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