Insights

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

May 23, 2022
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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Senate Bill 528: The Climate Solutions Now Act

May 16, 2022

What’s the Bill about? The recently passed Climate Solutions Now Act addresses decarbonization of existing buildings and contains directives that would pose both financial and logistical challenges for commercial property owners. Although there are exemptions and contingencies, it could be a “first sign” of mandates to come.   In its present state the bill establishes…

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MacKenzie Brokers Lease for RRD International to Satisfy Emerging Hybrid Work Model

May 3, 2022

Product development company serving biopharmaceutical industry expected to relocate to 155,000 square foot 700 King Farm Building in Rockville, Maryland this fall.       MacKenzie Commercial Real Estate Services, LLC has brokered a lease with RRD International, LLC for 9,909 square feet of space at 700 King Farm Road, a six-story, 155,000 square foot commercial office…

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MacKenzie Assists Buyer in Acquisition of 73,555 sf Industrial/Flex Building in Laurel

April 21, 2022

New owner, Homefix Custom Remodeling, to relocate corporate headquarters and approximately 200 employees to 14880 Sweitzer Lane and occupy entire building       Homefix Custom Remodeling, a Maryland-based company which operates six regional offices in four states, has acquired 14880 Sweitzer Lane, a 73,555 square foot industrial/flex building in Laurel, Maryland for approximately $7.2 million. Matthew…

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MacKenzie Brokers Lease with Rosedale Federal Savings & Loan at 1730 York Road in Timonium

April 13, 2022

Recently-opened full-service branch banking office represents 10th location for locally-operated financial institution. MacKenzie Commercial Real Estate Services, LLC has brokered a lease with Rosedale Federal Savings & Loan Association for a free-standing building at 1730 York Road, in the Timonium area of Baltimore County. The location, which recently opened, represents the 10th full-service branch banking…

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MacKenzie Brokers Sale of Site Fronting MD 175 in Odenton; Slated for Workforce Rental Units

March 28, 2022

New owner, Rochester, New York-based Conifer Realty, maintains regional offices in Columbia and has developed more than 15,000 multifamily homes in Mid-Atlantic region MacKenzie Commercial Real Estate Services has brokered the sale of 5.3 acres of land in the Odenton Town Center of Anne Arundel County, Maryland to Conifer Realty, LLC, a Rochester, New York-based company…

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Liquidity Aleworks Pouring New Life into 1930s Era Former Bank on Historic Main Street area of Mount Airy

March 16, 2022

New brewery promising “something for everyone” expected to open in 5500 square foot space this May      LUTHERVILLE, MD (March 14, 2022) – Liquidity Aleworks, a new craft brewery founded by partners Ray Tignall and Billy Deavers, has chosen Prospect Mill, a 5,500 square foot free-standing building located in the Main Street area of Mount…

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MacKenzie Contracting Celebrates Women in Construction Week

March 11, 2022

Women in Construction Week takes place from March 6th to March 12th with the goal to raise awareness around the lack of representation of women in construction and to highlight all the great initiatives of women in the industry. This week celebrates the history of women in construction, along with how they have overcome adversity…

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MacKenzie Brokers Sale of Baltimore City Industrial Outside Storage Site

March 8, 2022

Asset located at 1200 Chesapeake Avenue was unoccupied at time of sales transaction      MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 1200 Chesapeake Avenue, a single-story building consisting of approximately 31,000 square feet of service/warehouse space for $4.2 million. Andrew Meeder, Senior Vice President & Principal and Daniel Hudak, Senior Vice…

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MacKenzie Commercial and Equity Retail Selected as Exclusive Sales Brokers for South End Shopping Center

March 1, 2022

150,000 square foot shopping center in Hagerstown, Maryland is presently 97% leased     MacKenzie Commercial Real Estate Services, LLC and Equity Retail Brokers has been selected by Coastal Equities as the exclusive sales brokers for South End Shopping Center a 150,000 square foot shopping center in Hagerstown, Maryland which is currently 97% leased. The asking…

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