Insights
John Black and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $10.3 million in construction interim financing for a 93-room Holiday Inn Express & Suites located in Rehoboth Beach, Delaware. MacKenzie presented several financing options, however the best execution for the borrower with respect to interest rate and terms was…
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The MacKenzie Companies are proud to announce that Trish Farrell has been named a Principal of MacKenzie Commercial Real Estate Services, LLC, the company’s brokerage division and is now Senior Vice President/Principal. “We are extremely proud of Trish’s accomplishments within the industry and her contributions to the growth and successes of our firm,” stated Scott…
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MacKenzie Management Company, LLC, the property management arm of MacKenzie Ventures, is proud to announce the addition of Marie Gerwig as Vice President. A veteran of Baltimore’s real estate community, Marie will provide leadership with an emphasis on mentoring and promoting industry best practices for the organization, support business development initiatives with a focus on…
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MacKenzie Contracting Company is pleased to announce that they have been awarded the renovation project for Baltimore’s iconic Cross Street Market located in the City’s historic Federal Hill neighborhood. Senior Vice President Scott Albright will act as project manager on behalf of MacKenzie who has partnered with the developer, Caves Valley Partners. With demolition complete…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce their recent leasing assignment, the offices at 1111 Light Street, located in the heart of Baltimore’s Federal Hill neighborhood. MacKenzie’s Executive Vice President Chris Bennett and Real Estate Advisor Allison Perry will be working to find tenants for the remaining available space which ranges up…
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John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $6.6 million in non-recourse financing to recapitalize an office building in Frederick, Maryland. The transaction refinanced existing debt and secured significant cash out proceeds to the sponsorship. The lender and the sponsorship were able to negotiate minimal…
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In a Class B Central Business District market in downtown Baltimore where a decade of “flight-to-quality” of tenants has left large blocks of vacancy, nearly 65,000 square feet has been occupied over the past year by new tenants at One North Charles Street. This leasing streak represents more than a 20% increase in occupancy, which…
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The MacKenzie Companies are pleased to announce that Melanie Brent Carrera has joined their firm and will be working as a Business Development Associate for MacKenzie Management Company, LLC, the firm’s full-service property management division. Melanie brings over 25 years’ experience in commercial real estate to the team in a wide variety of roles including…
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MacKenzie Commercial Real Estate Services, LLC builds upon its Mid-Atlantic presence with the recent representation of the acquisition of 2160 New Castle Avenue, located in New Castle, Delaware. The 35,500 square foot flagship commercial property situated on 5.74 acres was owned by Rommel Harley-Davidson, an operator of multiple Harley-Davidson dealerships throughout the Mid-Atlantic region. The…
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MacKenzie Contracting Company was recently recognized at NAIOP Maryland’s Bi-Annual Awards of Excellence Gala, receiving the award for Best Interior Rehab for work completed at Baltimore engineering firm RK&K’s new headquarter location in Baltimore City. The project consisted of a complete renovation and buildout of 116,000 total square feet between two floors located at 200…
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