Insights
Sam’s New and Used Tires acquires 10701 Baltimore Avenue, located in Beltsville, Maryland. Sam’s New and Used Tires, a locally-owned company based in Prince George’s County, has acquired 10701 Baltimore Avenue, a single-story, 8,500 square foot retail/medical office building situated in Beltsville, Maryland for $2.075 million. Adam Nachlas, SIOR, Senior Vice President Chris Bennett, Executive…
Read More
Full-service general contracting company, currently celebrating 35-year anniversary, reports the most robust construction management backlog in the history of the company A perfect storm has enveloped the general contracting industry over the past two years – both nationally and locally – driven by escalating construction materials and labor costs, a rising interest rate environment and a…
Read More
“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…
Read More
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…
Read More
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.…
Read More
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…
Read More
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…
Read More
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…
Read More
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,…
Read More
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…
Read More