Insights
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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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 “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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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 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 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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MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of 400 W. Padonia Road, Timonium, Maryland. Situated at the signalized corner of W. Padonia Road and Beaver Dam Road, the 1.48 acre site was formerly home to a 6,196 square foot Bob Evans Restaurant. The MacKenzie team of Mike Ruocco, John…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of five Industrial Outside Storage (IOS) properties throughout the Baltimore Metropolitan region. Ranging from 6,000 square feet to nearly -40,000 square feet in building area, each offering the ability for outside storage, a sought-after commodity in today’s industrial market. MacKenzie Senior Vice…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce that ABC Supply Co., Inc. has signed a lease for 36,950 square feet at 1332 Londontown Boulevard, a 373,728 square foot warehouse and office project in Eldersburg, Carroll County, Maryland. ABC Supply Co., Inc. is the largest wholesale distributor of roofing in the United States…
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Coming off an active second quarter, the MacKenzie team is armed with a wealth of insights on where the market stands currently, as well as how the remainder of the year will unfold. The US economy is predicted to boom in the latter half of 2021, and many industry experts forecast that we’re likely to…
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