Insights
“Rising interest rates, tenant improvement costs, and vacancy rates in commodity office buildings suggest timing is ideal for ownership reevaluation,” says Owen Rouse of MacKenzie Commercial Real Estate Services Continuing the trend started during the second half of 2022, economists and real estate experts alike have designated 2023 as “the year of increases,” led by…
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2300 Eskow Avenue in Halethorpe sells for $3.1 million 629 S. Philadelphia Boulevard in Aberdeen trades for $2.8 million MacKenzie Commercial Real Estate Services has executed the sale of two industrial/warehouse buildings located in the greater Baltimore metropolitan area – to two separate entities – for nearly $6 million. Andrew Meeder and Daniel…
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Locally, 30 percent of all MacKenzie Contracting Company employees are women A recent article in The Washington Post revealed that 14 percent of all construction workers in the U.S. are now women, representing an all-time high, a figure that has consistently risen since 2016, with data compiled by the United States Bureau of Labor Statistics.…
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Allison Perry and Adam Nachlas of MacKenzie Commercial Real Estate Services brokers lease for professional and technical management consulting firm Innovative Consulting & Management Services (ICMS) has signed a lease with Lakeforest Ventures, LLC for 4,935 square feet of office space within 100 Lakeforest Boulevard, a six-story building containing nearly 140,000 square feet of…
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521 Digiulian Boulevard is leased by Austin, Texas-based Architectural Surfaces and Houston, Texas-based ONE McDonough MacKenzie Commercial Real Estate Services has executed the sale of 521 Digiulian Boulevard, a single-story building comprised of just over 28,000 square feet of industrial/warehouse space for $4.22 million. Matthew Curran, SIOR, Vice President as well as Daniel Hudak and…
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MacKenzie Commercial Real Estate Services brokers lease for 9,839 square feet of space Wells Fargo Advisors has signed a lease with 2661 Riva, LLC for 9,839 square feet of space within 2661 Riva Road in the Annapolis section of Anne Arundel County, Maryland, in a move that consolidates two area locations into one expanded space…
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2728 Loch Raven Road formerly owned by Metro Cleaners MacKenzie Commercial Real Estate Services has executed the sale of 2728 Loch Raven Boulevard in Baltimore City comprising 27,560 square feet of industrial/warehouse space for $1.53 million. Daniel Hudak and Andrew Meeder, both SIOR, Senior Vice President and Principal, as well as Matthew Curran, SIOR,…
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MacKenzie Commercial Real Estate Services brokers lease for 6,725 square feet of space The Princeton University School of Public and International Affairs (SPIA) has signed a lease with The Meridian Group for 6,725 square feet of space within 1333 New Hampshire Avenue, NW in the Dupont Circle section of downtown Washington, D.C. Scott Wimbrow, President…
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Secondhand textile recycling company, Whitehouse & Schapiro, LLC is new owner of 1201 67th Street Whitehouse & Schapiro, LLC, a family-owned company engaged in the secondhand textile recycling industry, has acquired 1201 67th Street, a single-story, 80,000 square foot warehouse building positioned in the Rosedale section of Baltimore County for $6.6 million. Daniel Hudak…
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KIMPE SAS, family-owned company involved in brick industry, acquires 3801 Southwestern Boulevard KIMPE SAS, a family-owned French based business that distributes raw materials used in the brick industry, has acquired 3801 Southwestern Boulevard, a single-story, 40,300 square foot industrial building and 3901 Southwestern Boulevard, a separate three-acre land site. The asset straddles Baltimore City and…
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