MacKenzie Brokers Three Retail Leases to Elevate Quarterfield Station in Glen Burnie to 100% Occupancy
Pain Management Solutions, Clearway Surgery Center, and Starbucks Coffee sign leases totaling more than 10,000 square feet of space at 23,180 square foot neighborhood shopping center.
MacKenzie Commercial Real Estate Services, LLC has brokered three retail leases, cumulatively totaling more than 10,000 square feet of space, at Quarterfield Station, a 23,180 square foot neighborhood retail center located in the Glen Burnie section of Anne Arundel County, Maryland. The recent leasing activity elevates occupancy at the center, located at 7704 Quarterfield Road, to 100 percent. MacKenzie Executive Vice President and Principal Chris Bennett, together with Vice President Ginny Vernick and Real Estate Advisor Morgan Wimbrow represented the landlord, Quarterfield Ventures, LLC in all three lease transactions.
Pain Management Solutions, a pain management facility which operates locations in six states including more than 20 in Maryland, signed a lease for 4,092 square feet of space. Its affiliate company, Clearway Surgery Center executed a lease for 4,141 square feet of space and Starbucks Coffee intends to occupy a 2,225 square foot building on a pad site fronting Quarterfield Road. Existing tenants include Apex Neuropathy and Pain Center, Life Force Chiropractic, Maryland Primary Care and Pivot PT. Michele Kornbluth of Lee & Associates Maryland represented Pain Management Solutions and Clearway Surgery Center.
Nearly 200,000 people, including nearly 75,000 households with an average household income exceeding $95,000 reside within a five-mile radius of Quarterfield Station. The center features roadside visibility from Quarterfield Road, a location with proximity to MD Route 100 and Interstate 97. University of Maryland Baltimore Washington Medical Center is two miles from the site.
“The medical and healthcare sector, as evidenced by the recent leasing activity at Quarterfield Station and similar neighborhood shopping centers, has been a significant driver of late,” stated Morgan Wimbrow of MacKenzie Commercial Real Estate Services. “Patients are attracted by the convenience of driving to their local center for medical attention and healthcare services, as opposed to driving to a distant hospital or medical building and dealing with unpleasant parking concerns. Most shopping centers are located off major highways, have roadside visibility, and feature free and plentiful parking. Quarterfield Station is now dominated by the medical and healthcare industries and that also helps with the overall branding of the center.”
MacKenzie Management Company oversees all property management functions at Quarterfield Station.
MacKenzie Commercial Real Estate Services is the real estate brokerage arm of The MacKenzie Companies, which operates six full-service divisions addressing all real estate asset classes including MacKenzie Management Company, LLC, MacKenzie Contracting Company, LLC, MacKenzie Capital, LLC, MacKenzie Investment Group, LLC and MacKenzie Multifamily Management, LLC. The company provides customized real estate solutions for institutional owners, investors, private companies, and individuals. For additional information, visit www.mackenziecommercial.com.
