Insights

MacKenzie Contracting Company, LLC Selects Jim Burns as Project Manager

March 24, 2023

MacKenzie Contracting Company, a full-service general contracting company based in Lutherville, Maryland and part of The MacKenzie Companies, has selected Jim Burns as Project Manager. Burns, who brings more than 30 years of diversified construction management experience to this new position, formerly owned and operated MODCO Specialty Contracting. Burns will oversee the day-to-day construction management…

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During the Expected “Year of Increases,” Commercial Office Building Owners Should Consider Disposition or Reposition Strategies

March 15, 2023

“Rising interest rates, tenant improvement costs, and vacancy rates in commodity office buildings suggest timing is ideal for ownership reevaluation,” says Owen Rouse of MacKenzie Commercial Real Estate Services Continuing the trend started during the second half of 2022, economists and real estate experts alike have designated 2023 as “the year of increases,” led by…

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MacKenzie Brokers Sale of Two Industrial/Warehouse Buildings in Baltimore, $6 Million

March 13, 2023

2300 Eskow Avenue in Halethorpe sells for $3.1 million 629 S. Philadelphia Boulevard in Aberdeen trades for $2.8 million      MacKenzie Commercial Real Estate Services has executed the sale of two industrial/warehouse buildings located in the greater Baltimore metropolitan area – to two separate entities – for nearly $6 million.  Andrew Meeder and Daniel…

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Percentage of Women Construction Workers Rises to an All-Time High

March 9, 2023

Locally, 30 percent of all MacKenzie Contracting Company employees are women  A recent article in The Washington Post revealed that 14 percent of all construction workers in the U.S. are now women, representing an all-time high, a figure that has consistently risen since 2016, with data compiled by the United States Bureau of Labor Statistics.…

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Innovative Consulting & Management Services Signs Lease at 100 Lakeforest Blvd. in Gaithersburg

March 6, 2023

Allison Perry and Adam Nachlas of MacKenzie Commercial Real Estate Services brokers lease for professional and technical management consulting firm       Innovative Consulting & Management Services (ICMS) has signed a lease with Lakeforest Ventures, LLC for 4,935 square feet of office space within 100 Lakeforest Boulevard, a six-story building containing nearly 140,000 square feet of…

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MacKenzie Brokers Sale of 28,163 sf Industrial/Warehouse Building in Glen Burnie

February 22, 2023

521 Digiulian Boulevard is leased by Austin, Texas-based Architectural Surfaces and Houston, Texas-based ONE McDonough  MacKenzie Commercial Real Estate Services has executed the sale of 521 Digiulian Boulevard, a single-story building comprised of just over 28,000 square feet of industrial/warehouse space for $4.22 million. Matthew Curran, SIOR, Vice President as well as Daniel Hudak and…

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Wells Fargo Advisors Consolidates Two Annapolis-Area Locations at 2661 Riva Road

February 16, 2023

MacKenzie Commercial Real Estate Services brokers lease for 9,839 square feet of space Wells Fargo Advisors has signed a lease with 2661 Riva, LLC for 9,839 square feet of space within 2661 Riva Road in the Annapolis section of Anne Arundel County, Maryland, in a move that consolidates two area locations into one expanded space…

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MacKenzie Brokers Sale of 27,560 sf Industrial/Warehouse Building

February 10, 2023

2728 Loch Raven Road formerly owned by Metro Cleaners      MacKenzie Commercial Real Estate Services has executed the sale of 2728 Loch Raven Boulevard in Baltimore City comprising 27,560 square feet of industrial/warehouse space for $1.53 million. Daniel Hudak and Andrew Meeder, both SIOR, Senior Vice President and Principal, as well as Matthew Curran, SIOR,…

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Princeton University School of Public and International Affairs Signs Lease at 1333 New Hampshire Avenue in D.C.

February 6, 2023

MacKenzie Commercial Real Estate Services brokers lease for 6,725 square feet of space The Princeton University School of Public and International Affairs (SPIA) has signed a lease with The Meridian Group for 6,725 square feet of space within 1333 New Hampshire Avenue, NW in the Dupont Circle section of downtown Washington, D.C. Scott Wimbrow, President…

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MacKenzie Brokers Sale of 80,000 sf Warehouse in Baltimore County, $6.6 Million

February 2, 2023

Secondhand textile recycling company, Whitehouse & Schapiro, LLC is new owner of 1201 67th Street      Whitehouse & Schapiro, LLC, a family-owned company engaged in the secondhand textile recycling industry, has acquired 1201 67th Street, a single-story, 80,000 square foot warehouse building positioned in the Rosedale section of Baltimore County for $6.6 million. Daniel Hudak…

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