MacKenzie Brokers Two Leases Totaling Nearly 30,000 sf in Hunt Valley, MD
Insurance advisory firm RCM&D signs 24,904 square foot lease and plans to relocate from Towson and financial planning group Jacob William Advisory signs 4,402 square foot lease.
Insurance advisory firm RCM&D has signed a lease with North Park Ventures, LLC for 24,904 square feet of space and plans to relocate its Baltimore County headquarters from Towson to 4 North Park in Hunt Valley, Maryland next January. In addition, financial planning group Jacob William Advisory signed a 4,402 square foot lease within the five-story, nearly 130,000 square foot commercial office building situated within the North Park Business Community and is moving from the Lutherville area. Joe Bradley, Senior Vice President and Principal for MacKenzie Commercial Real Estate Services represented North Park Ventures, LLC in both lease transactions. Mark Deering, a Principal with MacKenzie Commercial Real Estate services represented RCM&D, with Clare Berrang, formerly with Newmark representing Jacob William Advisory.
Founded in 1885, RCM&D is ranked among the top independent insurance advisory firms in the United States. The firm provides strategic solutions and consulting for risk management, insurance, and employee benefits. Headquartered in Towson, Maryland, the group employs 215 professionals and maintain offices in Baltimore City, Bethesda, Philadelphia, Richmond, and Harrisburg.
Jacob William Advisory provides financial, estate, retirement, and tax planning, as well as investment management and private client services. The group plans to move this fall.
4 North Park is part of a five-building office complex situated within the heart of the Hunt Valley business community. Positioned adjacent to Interstate 83 and located approximately five minutes from Towson and 20 minutes from downtown Baltimore City, nearby amenities include Hunt Valley Towne Centre, anchored by Wegmans Food Market, several hotels and multiple sit-down and fast-casual restaurants. The Hunt Valley Light Rail station is also located within walking distance.
“The leasing activity is an example of two professional services groups taking a space efficiency approach to its commercial real estate needs,” explained Joe Bradley of MacKenzie Commercial Real Estate Services. “As leases expire in the post-pandemic era, companies are placing greater importance on finding buildings that accommodate its hybrid employee workforce, match its corporate image and provide an advantage to recruit and retain talent. Organizations care deeply about its corporate culture and depend on its office space to provide a welcoming, collaborative, and stimulating environment. 4 North Park offers many advantages including spacious single floor plans, a high-quality exterior and interior, free parking and immediate access to amenities that employees consider important.”
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.
