MacKenzie Capital Secures $52 Million in Financing in Maryland, Virginia, and North Carolina

MacKenzie Capital, LLC is pleased to announce they secured nearly $52 million in project financing in Maryland, Virginia, and North Carolina during the 4th Quarter 2019.  Assignments spanned multiple asset classes and included an office building, apartment complex, mixed-use project, boutique hotel, and a soft-branded hotel with marina. Finance activity for the assignments involved acquisition…

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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 Expands Corridor Team

MacKenzie Commercial Real Estate Services, LLC is pleased to welcome Andre Levrone, Jr. to the MacKenzie team as a Real Estate Advisor. Andre will be working from the firm’s Columbia office and is a welcomed addition as the firm continues to expand their market presence and client base particularly into the D.C. suburban markets. Working…

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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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MacKenzie Welcomes Grace Fennessy

MacKenzie Commercial Real Estate Services, LLC is proud to announce that Grace Fennessy has joined their brokerage team as a Real Estate Advisor.  Working from the firm’s Harford County office in Bel Air, Maryland, Grace will partner with industry veterans Senior Vice President Beetle Smith and Senior Vice President Tom Mottley, specializing in the sale…

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ABC Baltimore Recognizes MacKenzie Contracting for 30 Year Milestone

MacKenzie Contracting Company, LLC is pleased to announce that they have been awarded the STEP Diamond Safety Award by The Associated Builders and Contractors (ABC) Baltimore, a national construction industry trade association. The firm received this year’s honor at yesterday’s ABC Annual State of the Industry Breakfast which included a 2020 Economic Forecast by ABC…

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Prominent Site off I-695 Now Being Cleared for Development

Whalen Properties has begun the grading process for the first phase of development at 350 Kenwood Avenue in Catonsville, Maryland.  Sitting immediately off I-695 at the Wilkens Avenue interchange, plans call for a four-story, 90,537 square foot class A LEED Silver office building. “We are excited to kick off the development process for 350 Kenwood…

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MacKenzie Expands with Three Additions to Brokerage Team

MacKenzie Commercial Real Estate Services, LLC is pleased to welcome Kevin O’Neil, Jennifer (Jenny) Staines, and Morgan Wimbrow to the MacKenzie family.  Joining as Real Estate Advisors, all three will support the firm’s continuing regional expansion efforts, working to build tenant and landlord relations, identifying market opportunities for represented clients, and supporting business development initiatives.…

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MacKenzie Welcomes Owen Rouse, Jr.

The MacKenzie Companies are proud to welcome Owen Rouse, Jr. to their firm as Vice President of Investment Sales.  Owen will be leading the firm’s investment sales team which specializes in the third-party acquisition and disposition of commercial real estate assets in the State of Maryland and surrounding region, and advises clients on investments strategies,…

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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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