Insights

MacKenzie Brokers Sale of Two Real Estate-Owned Properties on Behalf of FVCBank

February 10, 2022

Assets include medical office building in Cecil County and industrial building in Northern Virginia  MacKenzie Commercial Real Estate Services, LLC has brokered the sale of two distressed properties on behalf of FVCbank, a financial institution with offices throughout the Virginia and Maryland area, for more than $6 million, combined. The assets consisted of 101 Chesapeake…

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MacKenzie Investment Group Enters Greater Richmond, VA Market with Delivery of 202,000 sf Warehouse/Industrial Building

February 2, 2022

Project for Baltimore-based company represents Phase I of larger 68-acre business community  MacKenzie Investment Group, LLC (MIG) has entered the greater Richmond, Virginia market with its delivery of a 202,000 square foot warehouse/industrial building located at 11060 Johnson Road in Ashland. MIG is the commercial real estate development and investment component of The MacKenzie Companies,…

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

February 2, 2022

New owner of 1201 67th Street in Rosedale to occupy remaining 60,000 square foot vacancy     MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 1201 67th Street, a single-story, 80,000 square foot warehouse building positioned in the Rosedale section of Baltimore County for $5.725 million. Daniel Hudak, SIOR, Senior Vice President for…

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Patrick Smith and Chris Boland Join MacKenzie’s Brokerage Team

January 18, 2022

Both commercial real estate professionals formerly worked for Blue & Obrecht Realty  Patrick M. Smith and Chris Boland have joined MacKenzie Commercial Real Estate Services, LLC, the brokerage division of The MacKenzie Companies, a commercial real estate company that operates six full-service divisions addressing all real estate asset classes. Both commercial real estate professionals, who…

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‘There’s so much capital’: Despite pandemic, investors continue to flood Baltimore real estate market

January 18, 2022

MacKenzie Capital’s President John Black was featured in the following article by Melody Simmons  –  Reporter, Baltimore Business Journal | Jan 18, 2022, 7:24am EST.  Investors have flooded the Greater Baltimore real estate market since the pandemic hit in March 2020 with equity-fueled acquisitions of industrial, residential, self-storage and even retail properties. And there is no end…

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MacKenzie Management Secures Five New Assignments Comprising More than 400,000 SF of Commercial Office, Retail, & Industrial Space

January 14, 2022

New wins are 221 Cockeysville Road in Cockeysville, 6855 Deerpath Road in Elkridge, Pikesville Plaza in Pikesville, 8500 Annapolis Road in New Carrollton and 11060 Johnson Road in Ashland, Virginia MacKenzie Management Company, LLC has secured five new assignments to provide property management services for more than 400,000 square feet of commercial office, retail, flex/office…

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The Value of Open Book Contracting – Is It Right for Your Project?

January 4, 2022

The “design-bid-build” method has been the industry norm for many years. However, is it always the right approach for every construction project? Below, the team at MacKenzie Contracting compares traditional bidding methods with Open Book contracting so you can determine the right method for completing your project.   The “Design–Bid–Build” Method   Most clients approach…

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Rosedale Industrial Site Sells

December 15, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the off-market sale of 1205 68th Street, an 80,000± square foot warehouse building situated on 17.6± acres in Rosedale, Baltimore County, Maryland. MacKenzie Senior Vice President/Principal Andrew Meeder assisted the purchaser, full-service commercial real estate and investment company Greenspring Realty Partners, in the transaction. The…

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MacKenzie Completes 220,000 SF Industrial Sale

December 10, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 5200 Glen Arm Road, a 220,000 square foot industrial facility located on 22-acres in Glen Arm, Baltimore County, Maryland. The $8,500,000 sale also included a historic 620 square foot building situated on the property that at one time housed the Glen Arm…

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MacKenzie Brokers 10-Acre Harford County Sale

December 6, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 10 acres of land at Harford County’s newest mixed-us development, James Run. The land, which sold for $7.6 million, will be the future home of a 304-unit apartment project. Construction is slated to begin second quarter 2022. MacKenzie Vice President Sean Langford…

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