Insights

With 14 Recent Transactions and 88 to Date, Harford County Momentum Continues

August 10, 2015

MacKenzie Commercial Real Estate Services, LLC is proud to announce the recent completion of 14 Harford County leases. Brokered by either Senior Vice President Beetle Smith or Vice President Tom Mottley, the deals represent the consistent movement and interest surrounding the Harford County market. The leases include the following: Habitat for Humanity leased 3,450 square…

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Nationally Recognized Planet Fitness Continues Regional Expansions

July 22, 2015

Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has signed a 20,880 square foot lease for a new Harford County location at Aberdeen Marketplace, situated at 1010-1026 Beards Hill Road, Aberdeen, Maryland. MacKenzie Commercial Real Estate Services’ Vice President Chris Walsh and Real Estate Advisor Mike…

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MacKenzie Arranges 25,000 sf Sale

July 14, 2015

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 7205 Rutherford Road, a 25,000 square foot, single-tenant net leased office building situated in the Rutherford Business Park. MacKenzie’s Senior Vice President/Principal Don Schline and Vice President Michael Spedden arranged the sale on behalf of the owner 7205 Rutherford, LLC and purchaser,…

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2nd Quarter Retail: Improvements All Around, Especially Millenials

July 13, 2015

Now at the halfway point of the year, the state of the retail market seems to be improving and it was evident that the industry and State of Maryland share this viewpoint. The second quarter plays host to the International Council of Shopping Centers’ (ICSC) global real estate convention, RECon, in May in Las Vegas.…

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Royal Farms Selects MacKenzie Contracting

July 13, 2015

Royal Farms has selected MacKenzie Contracting Company, LLC to construct their latest store in Randallstown, Maryland. Formerly the site of an Antwerpen Nissan Dealership, the new 5,100 square foot Royal Farms location will be situated prominently on the heavily traveled Liberty Road, offering a full convenience store and gas station services. MacKenzie Contracting will be…

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Industrial Momentum Stalls During 2nd Quarter

July 3, 2015

MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Industrial Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, President of Sage Policy Group. After several years of steady, sometimes spectacular progress, the Baltimore regional warehouse market took a step back during…

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680,000 SF Industrial Building Sells

June 29, 2015

A collaborative effort between MacKenzie’s Investment, Industrial, and Capital teams has led to the sale of 1954 Halethorpe Farms Road, a 680,000 square foot industrial building located in the Baltimore-Washington Corridor. Owned by Halethorpe Business Trust, the building was purchased by Blue Ocean Realty, a growing regional firm. The sales team consisted of Michael Spedden,…

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MacKenzie Quarterly Market Report – 2nd Quarter 2015

June 29, 2015

DOWNLOAD REPORT MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Office Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, Chairman and CEO of Sage Policy Group. Through it all, Office Market Momentum Persists The second quarter was certainly an interesting…

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Healthy Paranoia: Enjoy the Good Times but Move Forward with Caution

June 26, 2015

My friend, Mike Gill, Secretary of Business and Economic Development for Maryland has a saying, “It’s good to practice healthy paranoia.” This is currently the practice of many professionals in our industry. Although things are going pretty well right now with strong demand, we have seen in the past that this is a fragile recovery…

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Leading Supplier of Seasonings Breaks Ground on New Headquarter Location

June 25, 2015

Fuchs North America, part of the world’s largest privately held spice and seasoning company, Fuchs Group, broke ground Tuesday, June 23, 2015 on Route 482 in Hampstead, Maryland. Plans for the 21+ acre site include development of a completely new headquarters facility for the organization. MacKenzie Development Company, LLC is proud to act as developer…

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