Insights

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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Transportation and Logistics Provider A. Duie Pyle Acquires 29-Acre Site in North East Commerce Center in Cecil County for $2.195 Million

October 10, 2024

Parcel contained within 100-acre business community owned by St. John Properties, Inc. A. Duie Pyle, a privately-owned transportation and logistics provider headquartered in West Chester, Pennsylvania, has acquired a 29-acre site within North East Commerce Center, a 100-acre business community in Cecil County, Maryland, owned and developed by Stewart Properties and St. John Properties, Inc.…

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MCRES Brokers Sale of Prince George’s County Commercial Office Building for $2.3 Million

October 7, 2024

Harborview Properties purchases 22,800 square foot building from Indian Head Assets 90 days after former owner acquires 95 percent vacant, foreclosed asset at auction MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 5410 Indian Head Highway, a three-story, 22,800 square foot office building situated in the Oxon Hill section of Prince George’s…

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Catalyst Investment Partners Acquires Warehouse/Office Building in Baltimore with Industrial Outdoor Storage Amenity for $3.86 Million

October 1, 2024

Catalyst Investment Partners has acquired 920 Brunswick Street, a single-story building containing nearly 18,000 square feet of warehouse and commercial office space, as well as an Industrial Outdoor Storage (IOS) element on a 3.14-acre fenced-in site in Baltimore City for $3.86 million. The asset, previously owned by a Baltimore-area private investor, will be occupied by…

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John Michael Joins MCRES as Real Estate Advisor in Bel Air Regional Office

September 25, 2024

John Michael has joined MacKenzie Commercial Real Estate Services, the brokerage division of The MacKenzie Companies, a commercial real estate company which operates five full-service divisions addressing all real estate asset classes, as Real Estate Advisor. Michael earned a Bachelor of Science degree in Commercial Real Estate Finance from the College of Charleston and recently…

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