Insights
Closed in 2006, one-of-a-kind architectural characteristics of gothic revival church positions asset as prime adaptive reuse candidate MacKenzie Commercial Real Estate Services, a full-service commercial real estate brokerage firm which operates a regional office in Charlottesville, Virginia, has been chosen as the exclusive sales broker for The Christian Temple of Norfolk in Norfolk, Virginia.…
Read More
MacKenzie Commercial Real Estate Services handles negotiations with landlord KRM Development on behalf of the tenant Bay Area Community Church is expanding to the Eastern Shore of Maryland with the expected opening of its second location at 155 Sallitt Drive in Stevensville, Maryland on Kent Island on Easter Sunday, April 5. The Annapolis-based church signed…
Read More
Total square footage volume increased by 23 percent, number of transactions improved by 12 percent, and out-of-state activity rose by 50 percent MacKenzie Commercial Real Estate Services, LLC achieved a record-breaking year in 2025 with the completion of 943 lease and sales transactions, representing an increase of 12 percent over 2024, and a 23 percent…
Read More
Owen Rouse and Tom Green represents the seller and procures the buyer for property anchored by Planet Fitness and Triveni international market in Ellicott City section of Howard County, Maryland Normandy National Pike, LLC has acquired Normandy Shopping Center, a five-building asset composed of 185,000 square feet of commercial office and retail space from Normandy…
Read More
Vertically-integrated The MacKenzie Companies oversaw leasing and asset management on behalf of the former ownership group, and procured financing for the buyer A partnership led by Delmarva based development firm Gillis Gilkerson completed the acquisition of Pine Grove Village Shopping Center, a nearly 85,000 square foot retail center located in the Pasadena section of Anne…
Read More
Light manufacturing and warehouse/logistics users increasingly attracted to areas including Eldersburg, Hampstead, Finksburg, Sykesville, and Westminster Businesses such as PickleRage have signed significant leases in Carroll County this year, fueling the decline of an already historically-low vacancy rate to less than one per cent in the warehouse/industrial asset class. This compares favorably to the nearly…
Read More
Despite on-going challenges, nearly 10 million square feet of industrial/warehouse, more than three million square feet of commercial office, and two million square feet of retail space leased year-to-date locally Despite ongoing economic challenges and uncertainties occurring nationally – led by continued weakness in the labor market and stubborn inflation trends – the commercial real…
Read More
Property contains 21,000 square foot warehouse and 2.5-acre Industrial Outdoor Storage component MacKenzie Commercial Real Estate Services has brokered the sale of 25 Thomas Avenue, an asset in Baltimore City comprising approximately 21,000 square feet of warehouse and related space for $3.7 million to an unnamed buyer. The property, which also includes a 2.5-acre Industrial…
Read More
Logistics, transportation, and building clean-up company Mid Atlantic Express acquires asset Mid Atlantic Express, LCC, a logistics, transportation and building clean-up company, has acquired 1340 Chesapeake Avenue, a single-story 25,400 square foot warehouse situated in the Curtis Bay section of Baltimore City for $4.5 million. MacKenzie Commercial Real Estate Services Senior Vice Presidents and Principals…
Read More
Heavy construction equipment distributor McClung-Logan acquires 17,000 square foot asset McClung-Logan Equipment, Inc., a distributor of heavy construction equipment in the Mid-Atlantic region, has acquired 629 S. Philadelphia Boulevard, an industrial property in Harford County, Maryland comprising 17,000 square feet of warehouse space and situated on three acres for $6.4 million. The asset, which fronts…
Read More