Insights

MacKenzie Brokers Sale of Four-Property, 883-Unit Self-Storage Portfolio

August 4, 2022
Collage of Self-Storage Properties

Strong multifamily market, increased use by retailers as low-cost inventory management facility, combined with life-cycle events, propel total amount of self-storage in United States to more than 1.6 billion square feet         MacKenzie Commercial Real Estate Services, has brokered the sale of a four-property, 883-unit self-storage portfolio in Cecil County, Maryland to Boundary Ventures, LLC…

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Vacancy Rates Trending Downward in Retail and Industrial; Office Sector Lagging

July 20, 2022

Rising inflation, higher interest rates, lower consumer spending and limited business growth could lead to local and national economic recessionary period, possibly arriving as soon as this year A confluence of factors led by rising inflation, higher interest rates and lower consumer spending have raised the possibility of a local and national economic recession arriving…

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Wealth Management Firm WMS Partners Announces Expansion into new 19,538 sf Space in Towson

July 7, 2022

MacKenzie Commercial Real Estate Services oversees real estate search and brokers transaction that will relocate approximately 80 employees to 10-story, 330,000 square foot office tower situated in downtown     Wealth management firm WMS Partners, LLC. has announced its intentions to relocate its corporate offices to One West Pennsylvania Avenue, a 10-story, 330,000 square foot office…

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MacKenzie Management Company Secures Assignment for The Belvedere in Mt. Vernon

July 6, 2022

Delivered in 1903 as a full-service hotel and special events facility, asset pivoted to predominantly residential condominium unit configuration in 1991, supported by commercial office and retail space   MacKenzie Management Company, LLC has secured an assignment to provide full-service property management services for The Belvedere, the iconic 14-story multi-use building delivered in 1903 and situated…

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Farm Charm Opens New Location at Waterside Village in Easton

July 1, 2022
Waterside Village in Easton

Home Décor and gifts business also operates several stores at the Queenstown Outlets     Farm Charm, a family-owned business offering home décor, seasonal items and gifts, founded by Amelia and Jeffrey Merryman, has opened its second location within a 4,700 square foot space at Waterside Village in Easton. The 200,000 square foot mixed-use project is…

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MacKenzie Brokers Sale of Former Meyer Seed Co. Facility in Baltimore City for $10 Million

June 28, 2022

New owners Chasen Companies intends to redevelop site, combined with adjoining parcel at 1400 Aliceanna Street, into 272-unit luxury apartment project with more than 70,000 square feet of retail amenity space  MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 600 South Caroline Street, a 50,000 square foot warehouse building situated between the…

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MacKenzie and Harrington Commercial to Complete Office Leasing at 401 E. Pratt Street

June 27, 2022

Availability of turn-key suites beginning at 500 square feet of space caters to new work models.      MacKenzie Commercial Real Estate Services, LLC, together with Harrington Commercial Real Estate Services, have been selected by The Maryland Port Administration to complete the leasing of 401 E. Pratt Street in downtown Baltimore City. The 31-story building,…

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MacKenzie Brokers Sale of 22,000 sf Warehouse Building in Baltimore County for $2.3M

June 24, 2022

New owner Ruff Roofers looking to expand its presence in Halethorpe with purchase of 1407 Rome Road     MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 1407 Rome Road, a single-story building containing just over 22,000 square feet of warehouse space, and located in the Halethorpe section of Baltimore County, for $2.3…

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After 67 years strong, Skip Hearn Calls it a “Career”

June 16, 2022

Seeing Frederick “Skip” Hearn’s name attached to the leasing announcement for a high-profile, trophy commercial office building in the greater Baltimore metropolitan region has always been a rare occurrence. The former Senior Vice President for MacKenzie Commercial Real Estate Services says he wouldn’t have had it any other way as his nearly seven-decade career as…

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Neurological Rehabilitation and Manufacturing Company Relocating HQ from Harbor East to White Marsh

June 8, 2022
8098 Sandpiper Building

MacKenzie Commercial Real Estate Services brokers 17,585 square foot lease at 8098 Sandpiper Circle       Restorative Therapies, Inc., a company founded by a Johns Hopkins University professor to improve outcomes with patients dealing with spinal cord injuries and other neurological issues, is relocating its corporate headquarters from Harbor East in Baltimore City to the White…

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