Insights

Building Value: Cost Segregation

Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate to increase after-tax cash flow by accelerating depreciation deductions and deferring federal and state income taxes. What is a Cost Segregation Study & How Does it Work? When…

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ABC Baltimore Recognizes MacKenzie Contracting

MacKenzie Contracting Company, LLC is pleased to announce that they have been awarded the STEP Diamond Safety Award by The Associated Builders and Contractors (ABC) Baltimore, a national construction industry trade association. MacKenzie Contracting has received ABC’s recognition for the past 18 years, receiving their Awards of Excellence, STEP Gold Level Safety Awards, STEP Platinum…

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How Can You Help Your Local Retailers in Maryland?

It may surprise you, but a whopping 99.9% of businesses in the United States are considered small businesses. That means when you are shopping for clothing at your favorite local boutique instead of fast fashion or browsing home decor at a family-owned consignment shop over Amazon, you are choosing and supporting local business.    Local…

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MacKenzie Expands Columbia Footprint

The MacKenzie Companies are pleased to announce the recent expansion of their Columbia, Howard County, Maryland office. Still prominently positioned in the downtown Columbia market, the new office is located at Little Patuxent Square, 10175 Little Patuxent Parkway. Nearly doubling their footprint in size, this location will include members of MacKenzie’s brokerage, property management, and…

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MacKenzie Completes Carroll County Sales Totaling $1.83 Million

MacKenzie Commercial Real Estate Services, LLC is pleased to announce two recent sales in Carroll County, Maryland totaling $1,835,000: 60 Aileron Court in Westminster and 100 W. Old Liberty Road in Sykesville. Vice President Dennis Boyle represented the purchaser in both transactions which closed late December 2020. 60 Aileron Court, a 6,000 square foot flex…

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MacKenzie Promotes Tom Mottley to Principal

MacKenzie Ventures, LLC, the holding company of The Mackenzie Companies, is proud to announce that Tom Mottley has been named a Principal and is now Senior Vice President/Principal. With more than 20 years’ experience, Tom has been a member of MacKenzie’s brokerage team since 2014.  Tom’s focus includes the sale and leasing of commercial assets,…

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Planet Fitness Opens at Easton’s Waterside Village

MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., opened  this week at Waterside Village in Easton, Talbot County, Maryland. Located at the signalized intersection of Easton Parkway (Rt. 322) and St. Michaels Road (Rt. 33),…

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Milk Reclamation Barn Expands Production

MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Milk Reclamation Barn, a Maryland-based premium candle manufacturer, has leased 7,910 square feet of space at 9 West Aylesbury Road, Timonium, Baltimore County, Maryland. Owned by Merritt Properties, this location will allow the company to expand their production and serve their growing client base…

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MacKenzie Capital Arranges Construction Loan for Mount Vernon Redevelopment

MacKenzie Capital, LLC is pleased to announce they arranged construction development financing for the redevelopment of Grand Central into City House, a 38,000 square foot Class A office and retail project located in the heart of Baltimore’s Mount Vernon neighborhood. Situated along the thriving Charles Street Corridor, the project sits at the corner of Charles…

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Commercial Real Estate Trends to Observe in the Dawn of 2021

What began as impromptu measures and quick fixes to stop the spread have morphed into semi-permanent structures. Buildings that solely required PPE and makeshift plexiglass barriers are now being upgraded entirely to include new HVAC systems, self-cleaning door handles and spaced coworking layouts. We may be welcoming 2021 with anticipatory arms, but by no means…

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