Insights
New owner, CSX Transportation, intends to demolish buildings MacKenzie Commercial Real Estate Services, LLC has brokered the sale of a 3.6 acre parcel, located at 1920 Benhill Avenue in the Curtis Bay section of Baltimore City for $1.85 million. The site, which includes two buildings totaling approximately 23,000 square feet of space, was formerly owned…
Read MoreVenue located at intersection of E. Belvedere Avenue and York Road in Baltimore City offers complementary mix of restaurants, boutique shopping, professional services, fitness and healthcare uses Following its recent acquisition of Belvedere Square, The Premier Companies has retained MacKenzie Commercial Real Estate Services, LLC as the exclusive retail leasing broker for the venue…
Read MoreEarlier this year, Vivo Investment Group acquired the Radisson Hotel Baltimore Downtown-Inner Harbor and Holiday Inn Baltimore Inner Harbor, and revealed plans to convert properties to more than 700 apartments MacKenzie Commercial Real Estate Services, LLC has been selected by Vivo Investment Group as the exclusive leasing broker for the retail portion of a new…
Read More19,000 square foot flex/industrial building acquired by Solara Flooring Group Solara Flooring Group, a woman-owned and Maryland-based company which provides commercial flooring products and installations, has acquired 10900 Pump House Road, a 19,000 square foot industrial/flex building located in the Annapolis Junction area of Howard County, Maryland for $3.6 million. Matthew Curran, SIOR, Vice…
Read MoreSisson Trans LLC sells parcel located in Remington section of City to Seawall Development MacKenzie Commercial Real Estate Services, LLC has brokered the sale of a 3.5 acre parcel, located at 2600 Sisson Street in the Remington section of Baltimore City for $5 million. Daniel Hudak, SIOR, Senior Vice President; Owen Rouse, Vice President…
Read MoreMacKenzie Commercial Real Estate Services brokers lease with biotechnology company Biotechnology company Haystack Oncology, Inc. has signed a lease with South Duvall for 20,000 square feet of space within the City Garage Science & Technology Center and plans to relocate its workforce to South Baltimore by Summer 2023. The 135,000 square foot building, located at…
Read MoreWith tremendous sadness, The MacKenzie Companies mourns the loss of Frederick “Skip” William Hearn who, following a brief illness, passed away on October 5 at the age of 87. Following a commercial real estate career spanning 67 years, Skip announced his intentions to retire from his position as Senior Vice President for MacKenzie Commercial Real…
Read More“Confluence of higher interest rates, elevated tenant improvement costs and continuation of remote work model placing downward pressure on pricing,” says Owen Rouse of MacKenzie Commercial Real Estate Services Following the recent sale of 6340 Security Boulevard in the Woodlawn section of Baltimore County for $5 million, Owen Rouse, Vice President of MacKenzie Commercial Real…
Read MoreMacKenzie Commercial Real Estate Services brokers 6,250 square foot lease at 12,000 square foot building Univest Bank and Trust Co., which operates as the retail division for Univest Financial Corp. (NASDAQ:UVSP), has signed a lease with Valley Gateway, LLC for 6,250 square feet of space at 10801 Tony Drive in the Lutherville-Timonium section of…
Read MoreMacKenzie Capital’s President John Black was featured in the following article published in NAIOP Maryland’s newsletter – September 14, 2022 The combination of a steadily rising interest rate environment, escalating asset pricing, typical summer doldrums and renewed investor caution has pumped the brakes on the volume of investment sales transacted in recent months across all asset…
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