Due Diligence Matters: Elevators

elevator lobby with multiple elevators along the walls

As buildings begin to age, there’s often the need for a complete upgrade to the elevator(s), commonly referred to as an Elevator Modernization. The costs can vary depending on the specific needs of your building, but most Elevator Modernizations are major capital expenditures costing in the hundreds of thousands of dollars, so it’s important to…

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MacKenzie Management Expands Prince George’s County Presence

MacKenzie Management Company, LLC, the region’s largest locally-owned third party management firm, is pleased to announce they have been awarded the property management and maintenance services assignment for 4200 Forbes Boulevard in Lanham, Prince George’s County, Maryland.  Known as Forbes Tech Center, the building is 61,000 square feet that combines two-story office space with single-story…

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MacKenzie Management Expands Annapolis Portfolio

Anne Arundel Gastroenterology Associates has selected MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, to provide property management services for their building located at 820 Bestgate Road in Annapolis, Maryland. This assignment brings MacKenzie’s portfolio of property managed in Annapolis to just over 700,000 square feet throughout 10 buildings.  The 41,413…

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MacKenzie Management Adds 81,000 sf in Howard County to Portfolio

MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is excited to announce their portfolio has increased by 81,000 square feet with the addition of two buildings located in the Corridor 32 Business Park in Jessup, Maryland.  The buildings are 8510 Corridor Road, a 30,186 square foot office building that was recently…

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Due Diligence Matters: HVAC

Buyers of properties should be aware of the refrigerants used in any assets they are acquiring, so that associated costs can be appropriately budgeted. This is an issue that should be a high priority during due diligence. Owners of properties with older systems will have choices to make when repairing them and may determine that…

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MacKenzie Management Adds Stonewood Business Center to Portfolio

MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is pleased to announce they have been awarded the property management and maintenance services assignment for Stonewood Business Center in Columbia, Maryland.  Situated at 7165, 7175, 7185, and 7195 Oakland Mills Road just off Snowden River Parkway, the project includes four flex buildings…

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MacKenzie to Manage Windsor Station and Oxford Square

Local development firm Preston Scheffenacker Properties has engaged MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, to manage two of their properties totaling more than 245,000 square feet of office and retail space.  Windsor Station, located at 2810 Lord Baltimore Drive in Woodlawn, and Oxford Square, located at 7005 Banbury Drive…

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MacKenzie’s Collaborative Platform Selected for North Park Business Community

The MacKenzie Companies are pleased to announce that they have been awarded the leasing, management, and construction assignments for North Park Business Community, located in Hunt Valley, Maryland.  Comprising 4, 6, and 10 North Park Drive in Hunt Valley, Maryland, the 296,446 square foot portfolio recently sold to new ownership.  MacKenzie Capital, LLC was responsible…

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MacKenzie Management Expands Portfolio with Addition of 305 Washington Avenue

MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is pleased to announce they have been engaged to provide property management and maintenance services for 305 Washington Avenue, Towson, Maryland.  Owned by Blue Ocean Realty, the six-story, 53,000 square foot building is situated prominently in the heart of Towson, just one block…

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MacKenzie Management Awarded Federal Hill Union Bros. Project

MacKenzie Management Company, LLC, the full-service property management arm of MacKenzie Ventures, is pleased to announce they have been awarded the property management and maintenance assignment for Federal Hill’s latest mixed-use development, Union Bros. at 37 W. Cross Street, Baltimore, Maryland. The historic two- and three-story brick factory building was constructed in three distinct sections…

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