Insights

MacKenzie Completes Carroll County Sales Totaling $1.83 Million

February 1, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce two recent sales in Carroll County, Maryland totaling $1,835,000: 60 Aileron Court in Westminster and 100 W. Old Liberty Road in Sykesville. Vice President Dennis Boyle represented the purchaser in both transactions which closed late December 2020. 60 Aileron Court, a 6,000 square foot flex…

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MacKenzie Promotes Tom Mottley to Principal

January 27, 2021

MacKenzie Ventures, LLC, the holding company of The Mackenzie Companies, is proud to announce that Tom Mottley has been named a Principal and is now Senior Vice President/Principal. With more than 20 years’ experience, Tom has been a member of MacKenzie’s brokerage team since 2014.  Tom’s focus includes the sale and leasing of commercial assets,…

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Planet Fitness Opens at Easton’s Waterside Village

January 26, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., opened  this week at Waterside Village in Easton, Talbot County, Maryland. Located at the signalized intersection of Easton Parkway (Rt. 322) and St. Michaels Road (Rt. 33),…

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Milk Reclamation Barn Expands Production

January 25, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Milk Reclamation Barn, a Maryland-based premium candle manufacturer, has leased 7,910 square feet of space at 9 West Aylesbury Road, Timonium, Baltimore County, Maryland. Owned by Merritt Properties, this location will allow the company to expand their production and serve their growing client base…

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MacKenzie Capital Arranges Construction Loan for Mount Vernon Redevelopment

January 19, 2021

MacKenzie Capital, LLC is pleased to announce they arranged construction development financing for the redevelopment of Grand Central into City House, a 38,000 square foot Class A office and retail project located in the heart of Baltimore’s Mount Vernon neighborhood. Situated along the thriving Charles Street Corridor, the project sits at the corner of Charles…

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Commercial Real Estate Trends to Observe in the Dawn of 2021

January 18, 2021

What began as impromptu measures and quick fixes to stop the spread have morphed into semi-permanent structures. Buildings that solely required PPE and makeshift plexiglass barriers are now being upgraded entirely to include new HVAC systems, self-cleaning door handles and spaced coworking layouts. We may be welcoming 2021 with anticipatory arms, but by no means…

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Downtown Icon Uncle Lee’s Restaurant Sells

January 12, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 44 South Street in downtown Baltimore. Better known as Uncle Lee’s Restaurant, situated at the corner of South and Lombard Streets, the property was owned and operated by the Lee family and recognized by patrons as a premier Chinese restaurant since 1982.…

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MacKenzie Represents 156,811 sf Industrial Sale

January 11, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of a five-building industrial complex totaling 156,811 square feet known as the Azar Industrial Complex in Glen Burnie, Anne Arundel County, Maryland. Situated at 100, 115, 126, 127, and 128 Roesler Road and with 24 tenants in place, the complex was 95% leased…

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Industrial Leasing in the Current Climate: An Overview

January 7, 2021

Commercial real estate during the pandemic has surely had its ups and downs, but it is our job to highlight the constants amid the chaos. As we kick off a new year, we’re unpacking market trends to provide you with industrial and warehouse leasing insights. To learn more about how industrial and warehouse leasing has…

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MacKenzie Brokers Sale of the Milton Inn

January 6, 2021

MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of the historic Milton Inn, one of Baltimore County’s oldest and finest restaurants. The building and real estate was purchased by Baltimore restaurant group Foreman Wolf. Founded by Tony Foreman and chef Cindy Wolf, this is the group’s first location in Baltimore…

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