Insights

MacKenzie to Represent Offices at 1111 Light Street

August 1, 2018

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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MacKenzie Capital Secures Cash Out Non-Recourse Financing in Frederick, MD

July 11, 2018

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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Downtown Landmark Increases Occupancy More Than 20%

June 22, 2018

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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MacKenzie Management Welcomes Melanie Brent Carrera

June 20, 2018

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 Brokers Delaware Acquisition

June 13, 2018

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 Receives NAIOP Maryland Award of Excellence

April 25, 2018

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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MacKenzie Expands Corridor Presence with Three New Hires

April 22, 2018

MacKenzie Commercial Real Estate Services, LLC is pleased to welcome Yolande Pretorius, Garry Bains and Michael Lang to the MacKenzie family. MacKenzie continues to expand their market—particularly into the metropolitan D.C. area—and the addition of Yolande, Garry and Michael will be welcomed as they help to build tenant and landlord relations, work to generate leasing…

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MacKenzie Capital Secures Financing for Two Weis Markets-Anchored Shopping Centers in PA

April 3, 2018

MacKenzie Capital (“MacCap”) is pleased to announce that it has placed a combined $14.38MM in senior and revolving line-of-credit financing on a portfolio of Weis Markets-anchored shopping centers in Pennsylvania’s Lehigh Valley. The sponsor is a family-owned company that has been in business for over 40 years in Eastern-Central Pennsylvania.  Through a highly-competitive process, MacCap…

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Roses Discount Department Store to Open at Parkside Shopping Center in Northeast Baltimore

March 12, 2018

MacKenzie Commercial Real Estate Services, LLC is proud to have represented The Cosmo Company in the addition of Roses, a discount department store, to Parkside Shopping Center at 5100-A Sinclair Lane in Baltimore, MD. Moving into an approximately 45,000 square foot space formerly occupied by K-Mart, Roses will serve as the second anchor to the shopping…

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Iconic Annapolis Marina, Office, and Restaurant Under New Ownership

March 7, 2018

MacKenzie Commercial Real Estate Services, LLC is proud to announce the sale of Annapolis’ Third Street Marina, located in the historic Eastport, at 310 – 312 Third Street, Annapolis, Maryland 21403. The property consists of an expandable, 10-slip marina with travel lift, a 3,512-square-foot, two-story waterfront office building, and the 4,160-square foot O’Learys Seafood, one of Annapolis’ finest…

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