Kenwood Management Purchases White Marsh Building

Bethesda-based real estate investment and operating company Kenwood Management Company (“Kenwood”) and its investment partner, Avanti Capital, have completed the purchase of 8098 Sandpiper Drive in White Marsh, Baltimore County, Maryland.  Consisting of 48,000 square feet, the single-story office building is known as McLean Ridge IV.  This purchase represents Kenwood’s second acquisition in the Baltimore…

Read More

Planet Fitness to Open at Mondawmin Mall

Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has signed a 22,000 square foot lease for the space currently occupied by Marshalls at Mondawmin Mall, situated at 2010 Gwynns Falls Parkway in Northwest Baltimore.  TJX Cos. Inc., Marshall’s parent company, announced in December that Marshalls would…

Read More

Felipe’s Mexican Taqueria Joins The Shops at Kenilworth

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the signing of a lease with Felipe’s Mexican Taqueria Restaurant (Felipe’s) at the Shops at Kenilworth located in Towson, Maryland.  The 3,500 square foot restaurant will be located in a freestanding building to be constructed on the lower level of the mall.  Construction is scheduled…

Read More

MacKenzie Management Receives Three Awards at BOMA TOBY Awards

MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is honored to announce it won three awards at BOMA of Greater Baltimore’s (Building Owners and Managers Association) annual TOBY Awards on October 25th.  MacKenzie submitted three buildings:  Little Patuxent Place in the category of Best Corporate Facility; Ten Acres Medical Center in…

Read More

MacKenzie Hosts 2018 Annual Client Event

The MacKenzie Companies had the honor of hosting more than 400 clients at their annual client event at the Baltimore Museum of Industry on October 10th, 2018. Attendance included many area executives, influencers, business elites, government officials, and others spanning across the Maryland and Washington D.C. region. This year’s event focused on the firm’s 50th…

Read More

MacKenzie Represents Sale and Redevelopment of Towson’s Heaver Plaza

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of one of Towson’s most recognizable buildings, Heaver Plaza, situated at 1301 York Road prominently off the I-695 interchange.  MacKenzie Vice President Sean Langford represented the buyer in the transaction, a local partnership.  Langford will also spearhead redevelopment efforts and retail leasing…

Read More

MacKenzie Promotes Trish Farrell to Principal

The MacKenzie Companies are proud to announce that Trish Farrell has been named a Principal of MacKenzie Commercial Real Estate Services, LLC, the company’s brokerage division and is now Senior Vice President/Principal. “We are extremely proud of Trish’s accomplishments within the industry and her contributions to the growth and successes of our firm,” stated Scott…

Read More

MacKenzie to Represent Offices at 1111 Light Street

MacKenzie Commercial Real Estate Services, LLC is pleased to announce their recent leasing assignment, the offices at 1111 Light Street, located in the heart of Baltimore’s Federal Hill neighborhood.  MacKenzie’s Executive Vice President Chris Bennett and Real Estate Advisor Allison Perry will be working to find tenants for the remaining available space which ranges up…

Read More

MacKenzie Capital Secures Cash Out Non-Recourse Financing in Frederick, MD

John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $6.6 million in non-recourse financing to recapitalize an office building in Frederick, Maryland. The transaction refinanced existing debt and secured significant cash out proceeds to the sponsorship. The lender and the sponsorship were able to negotiate minimal…

Read More

Downtown Landmark Increases Occupancy More Than 20%

In a Class B Central Business District market in downtown Baltimore where a decade of “flight-to-quality” of tenants has left large blocks of vacancy, nearly 65,000 square feet has been occupied over the past year by new tenants at One North Charles Street.  This leasing streak represents more than a 20% increase in occupancy, which…

Read More