Insights

Alliance Capital Buys 12-Acre Parcel in Southfields of Elkton for $6.5 Million With Plans to Develop Up to 13 Retail Pad Sites

January 16, 2025

Sean Langford of MacKenzie Commercial Real Estate Services brokers sale of acreage on behalf of owner Stonewall of Elkton, LLC and has been retained to market pad sites to diverse range of end-users Alliance Capital, a boutique investment firm headquartered in Miami, has acquired a 12-acre parcel contained within Southfields of Elkton, a 630-acre mixed-use…

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MCRES Brokers Sale of 7510 Montevideo Road for $18.5 Million in Jessup to Gaulin Properties

January 14, 2025

Former owner Tate USA signs short-term leaseback for the entire 121,211 square foot warehouse and MacKenzie Commercial Real Estate Services is selected as exclusive leasing broker by new owner Tate, Inc., a global manufacturer, supplier, and installer of custom-designed raised flooring systems has sold its U.S. company headquarters to Gaulin Properties for $18.5 million. MacKenzie…

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Firestone’s Culinary Tavern, An Iconic Fixture in The City of Frederick Since 1999, Listed for Sale

January 9, 2025

MacKenzie Retail has been selected to vet and select new owners of this Downtown Frederick landmark Several months following the passing of restaurateur Kimball “Kim” Firestone, and the subsequent closing of the restaurant he founded in the City of Frederick, an affiliated successor group of Firestone’s Culinary Tavern has placed the buildings on the market…

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The Johns Hopkins Wilmer Eye Institute Relocating Harford County Location with 15,000 SF Lease at Water’s Edge Corporate Campus

December 17, 2024

Joe Bradley and Tom Mottley of MacKenzie Commercial Real Estate Services represent landlord Time Equities The John Hopkins Wilmer Eye Institute has signed a lease with Time Equities for 15,000 square feet of space at the Water’s Edge Corporate Campus with plans to relocate its existing location in the Bel Air section of Harford County…

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MCRES Sells Walnut Park Plaza in Finksburg, Maryland for $3.6 Million

November 14, 2024

20,200 square foot retail center fronts MD Route 140 and is located at 2970 Dede Road      MacKenzie Commercial Real Estate Services, LLC has brokered the sale of Walnut Park Plaza, a 20,200 square foot retail center located at 2970 Dede Road in Finksburg, Maryland to NF Dede, LLC for $3.6 million. Dennis Boyle, Senior…

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MCRES Recognized for Five “Costar Power Broker Quarterly Deals” for Q3 2024 Transactions

November 12, 2024

Commercial real estate brokerage firm cited for four commercial office leases and one industrial lease MacKenzie Commercial Real Estate Services, LLC has been recognized for five CoStar Power Broker Quarterly Deals for Q3 2024 in the greater Baltimore metropolitan area, according to the company which provides information, analytics, and marketing services to the commercial real…

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MCRES Enters Washington, D.C./Northern Virginia Industrial Market with Hiring of Oliver Fryer

October 28, 2024

Brokerage professional will team with recently-hired Bryan Herr to represent developers, landlords, institutional owners and end-users in sales and leasing activities throughout DMV region MacKenzie Commercial Real Estate Services has entered the greater Washington, D.C. and Northern Virginia industrial market with the hiring of Oliver Fryer as Vice President. Formerly affiliated with Cushman & Wakefield,…

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MCRES Brokers Sale of 153 Defense Highway in Annapolis for $2.5 Million

October 23, 2024

Zeebari Family, LP sells free-standing building formerly housing Wendy’s restaurant to Sardi’s Peruvian Chicken franchise for 18th Maryland location Zeebari Family, LP has sold 153 Defense Highway, a 2,332 square foot free-standing building located in Annapolis, Maryland for $2.5 million. Purchaser Sardi’s Peruvian Chicken intends to open the 18th location for the charbroiled chicken chain…

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Sapphire Mountain Psychotherapy Selects Ednam Professional Center for New Women-Focused Clinical and Therapy Practice

October 21, 2024

Licensed clinical psychologist Dr. Erica Peters Finan, leveraging more than 20 years of experience, utilizing evidence-based psychotherapy and consultation services to improve patient’s health and well-being Licensed clinical psychologist Dr. Erica Peters Finan has selected the Ednan Professional Center in Charlottesville as the site to establish Sapphire Mountain Psychotherapy. The practice will utilize evidence-based psychotherapy…

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Justin Virts Joins MCRES’ Charlottesville, Virginia Regional Office as Real Estate Advisor

October 16, 2024

Justin Virts has joined MacKenzie Commercial Real Estate Services as Real Estate Advisor in the company’s Charlottesville, Virginia regional office. Formerly with the Washington, D.C. office of Marcus & Millchap, Virts will be working under the direction of Sam Orr, MacKenzie’s Executive Vice President who spearheaded the opening of the office this summer. Former George…

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