Insights
The MacKenzie Companies had the honor of hosting more than 400 clients at their annual client event at the Baltimore Museum of Industry on October 10th, 2018. Attendance included many area executives, influencers, business elites, government officials, and others spanning across the Maryland and Washington D.C. region. This year’s event focused on the firm’s 50th…
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MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of one of Towson’s most recognizable buildings, Heaver Plaza, situated at 1301 York Road prominently off the I-695 interchange. MacKenzie Vice President Sean Langford represented the buyer in the transaction, a local partnership. Langford will also spearhead redevelopment efforts and retail leasing…
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MacKenzie Commercial Real Estate Services, LLC is proud to announce the recent sale of Brown Memorial Presbyterian Church, situated at 6200 N. Charles Street, Baltimore, Maryland to Cambridge School. The seven-acre site contains a 42,000 square foot building used as a school, church, and related office space. The property’s zoning allowed for similar type uses…
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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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