Insights
For many Baltimore area real estate owners, adapting to restricted capacity regulations during the pandemic meant adding or expanding their outdoor spaces. Now that restrictions have loosened, property managers at MacKenzie Management say owners are realizing their customers want this access to the outdoors to be permanent – and are willing to invest in it.…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce they have been awarded the listing assignment for Columbia 100 Corporate Center, a four-story 96,591 square foot corporate office building situated at 8820 Columbia 100 Parkway, Columbia, Howard County, Maryland. The leasing team will include Senior Vice Presidents Hayes Merkert and Adam Nachlas. The assignment…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 520 S. Caton Avenue, Baltimore, Maryland, a four-building industrial property totaling nearly 25,000 square feet on approximately 2.02 acres. The property was owned by the Farbman family, founders of American Lumber Corporation. The Farbman family operated their business from this location since…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Josef’s of Easton, Inc., a gourmet dessert shop that specializes in cheesecake, has signed a lease for 1,400 square feet at Waterside Village in Easton, Talbot County, Maryland. Located on Marlboro Avenue, just inside the center’s main entrance, this will be gourmet shop’s first…
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Legislators are mandating more use of Renewable Energy, which comes with a price; now’s the time to prepare for how this will affect your energy spend. No longer viewed as “niche,” renewable energy is coming into its prime. Most agree that definite changes in our use of natural resources are needed. Greater concern for our…
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The first quarter of 2021 proved to be an interesting period, wherein industries continued to adapt to market ebbs and flows. It has provided a wealth of market data, which our brokers have used to develop insights and understand trends to give both commercial real estate savants and investors the current industry lowdown. We…
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MacKenzie Commercial Real Estate Services, LLC is pleased to present the commercial portion of 2555 Riva Road, a mixed-use redevelopment of a 6.75 acre site situated prominently at the corner of Riva Road and Admiral Cochrane Drive in Annapolis, Maryland. The proposed project is planned to consist of a 5-story, 250-unit luxury lifestyle apartment building…
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MacKenzie Capital, LLC is pleased to announce they secured refinance proceeds for 10 assets with seven separate loans from two different lenders. The assets included nearly 100,000 sf of office/retail/flex space, a 54-slip marina, 32 multifamily units, and 553 self-storage units. The assets are in diverse submarkets such as southern Pennsylvania, the Eastern Shore, and…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of three properties in Carroll County, Maryland valued at $1,985,000: 4949 Middleburg Road, Taneytown, 205 Washington Heights, Westminster, and Lot 20 Back Acre Circle in Mt. Airy. The three transactions were completed in the past month. 4949 Middleburg Road is an existing…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Welcome Home Chestertown, a kitchen and pantry specialty retail store located in the historic arts and entertainment district of Chestertown, Maryland is expanding to a second location next month. Welcome Home Annapolis will be situated in the heart of downtown Annapolis, Maryland at 64…
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