Insights

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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Downtown Icon Uncle Lee’s Restaurant Sells

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 44 South Street in downtown Baltimore. Better known as Uncle Lee’s Restaurant, situated at the corner of South and Lombard Streets, the property was owned and operated by the Lee family and recognized by patrons as a premier Chinese restaurant since 1982.…

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MacKenzie Represents 156,811 sf Industrial Sale

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of a five-building industrial complex totaling 156,811 square feet known as the Azar Industrial Complex in Glen Burnie, Anne Arundel County, Maryland. Situated at 100, 115, 126, 127, and 128 Roesler Road and with 24 tenants in place, the complex was 95% leased…

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Industrial Leasing in the Current Climate: An Overview

Commercial real estate during the pandemic has surely had its ups and downs, but it is our job to highlight the constants amid the chaos. As we kick off a new year, we’re unpacking market trends to provide you with industrial and warehouse leasing insights. To learn more about how industrial and warehouse leasing has…

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MacKenzie Brokers Sale of the Milton Inn

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of the historic Milton Inn, one of Baltimore County’s oldest and finest restaurants. The building and real estate was purchased by Baltimore restaurant group Foreman Wolf. Founded by Tony Foreman and chef Cindy Wolf, this is the group’s first location in Baltimore…

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MacKenzie Arranges $35,000 Donation to the Maryland Food Bank

MacKenzie Management Company, LLC, is thrilled to announce that $35,000 has collectively been donated to the Maryland Food Bank (MFB) in honor of the tenants in the buildings they manage. Funded by MacKenzie Management’s clients, efforts for the collection were put in place in lieu of providing tenants with traditional holiday gifts. Tenants will receive…

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MacKenzie Completes 107,000 SF of Leasing Transactions in Hunt Valley

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the completion of more than 107,000 square feet of leasing transactions in Hunt Valley, Maryland during the ongoing COVID-19 pandemic. Transactions ranged from 3,800 square feet to a full-building user at 53,798 square feet. MacKenzie team members involved included Joe Bradley, Bill Whitty, Matt Mueller,…

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MacKenzie Represents 177,000 SF Sale

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of 1323 Greenwood Road, a long vacant industrial building totaling 177,000 square feet located in the Baltimore County Northwest submarket. The building was previously home to Connecticut-based printing company, Port City Press, Inc, which closed in early 2018 and was owned by an offshore-based partnership…

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MacKenzie Capital Arranges Construction Interim Loan

MacKenzie Capital, LLC is pleased to announce they have secured approximately $15 million in construction/interim financing for a to-be-built 70,000 square foot medical office building. The significantly pre-leased building will be located outside the North gates of the Ocean Pines community in Ocean Pines, Maryland. MacKenzie Capital President John Black and Vice President Brendan Harman…

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MacKenzie Completes Industrial Sale

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of 7600 Rolling Mill Road, an industrial site with two structures totaling 38,200 square feet located in the Baltimore County East submarket. The building was owned by a metal processing business located in several facilities throughout the Mid- to South Atlantic region.…

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