Vacancy Rates Trending Downward in Retail and Industrial; Office Sector Lagging

Rising inflation, higher interest rates, lower consumer spending and limited business growth could lead to local and national economic recessionary period, possibly arriving as soon as this year A confluence of factors led by rising inflation, higher interest rates and lower consumer spending have raised the possibility of a local and national economic recession arriving…

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Wealth Management Firm WMS Partners Announces Expansion into new 19,538 sf Space in Towson

MacKenzie Commercial Real Estate Services oversees real estate search and brokers transaction that will relocate approximately 80 employees to 10-story, 330,000 square foot office tower situated in downtown     Wealth management firm WMS Partners, LLC. has announced its intentions to relocate its corporate offices to One West Pennsylvania Avenue, a 10-story, 330,000 square foot office…

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Farm Charm Opens New Location at Waterside Village in Easton

Waterside Village in Easton

Home Décor and gifts business also operates several stores at the Queenstown Outlets     Farm Charm, a family-owned business offering home décor, seasonal items and gifts, founded by Amelia and Jeffrey Merryman, has opened its second location within a 4,700 square foot space at Waterside Village in Easton. The 200,000 square foot mixed-use project is…

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MacKenzie and Harrington Commercial to Complete Office Leasing at 401 E. Pratt Street

Availability of turn-key suites beginning at 500 square feet of space caters to new work models.      MacKenzie Commercial Real Estate Services, LLC, together with Harrington Commercial Real Estate Services, have been selected by The Maryland Port Administration to complete the leasing of 401 E. Pratt Street in downtown Baltimore City. The 31-story building,…

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After 67 years strong, Skip Hearn Calls it a “Career”

Seeing Frederick “Skip” Hearn’s name attached to the leasing announcement for a high-profile, trophy commercial office building in the greater Baltimore metropolitan region has always been a rare occurrence. The former Senior Vice President for MacKenzie Commercial Real Estate Services says he wouldn’t have had it any other way as his nearly seven-decade career as…

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Neurological Rehabilitation and Manufacturing Company Relocating HQ from Harbor East to White Marsh

8098 Sandpiper Building

MacKenzie Commercial Real Estate Services brokers 17,585 square foot lease at 8098 Sandpiper Circle       Restorative Therapies, Inc., a company founded by a Johns Hopkins University professor to improve outcomes with patients dealing with spinal cord injuries and other neurological issues, is relocating its corporate headquarters from Harbor East in Baltimore City to the White…

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MacKenzie Brokers Sale of 103,640 sf Industrial/Warehouse in Baltimore County

Sale includes free-standing building at 1407 Parker Road and adjacent surface lot at 1441 Knecht Avenue     MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 1407 Parker Road, a single-story building containing 103,640 square feet of industrial/warehouse space, and located in the Halethorpe section of Baltimore County, for $10.34 million. The transaction…

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MacKenzie Ventures, LLC Elects Brendan Gill to President & Chief Operating Officer

Brendan Gill Photo

Lutherville, MD-based firm provides full range of brokerage, property and asset management, debt and equity placement, construction management and data analytics to institutional owners, investors and companies The Board of Directors for MacKenzie Ventures, LLC, the parent company for the Lutherville, Maryland-based company’s eight operating divisions addressing all real estate asset classes and services, has…

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