Insights

Industrial Momentum Stalls During 2nd Quarter

July 3, 2015

MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Industrial Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, President of Sage Policy Group. After several years of steady, sometimes spectacular progress, the Baltimore regional warehouse market took a step back during…

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680,000 SF Industrial Building Sells

June 29, 2015

A collaborative effort between MacKenzie’s Investment, Industrial, and Capital teams has led to the sale of 1954 Halethorpe Farms Road, a 680,000 square foot industrial building located in the Baltimore-Washington Corridor. Owned by Halethorpe Business Trust, the building was purchased by Blue Ocean Realty, a growing regional firm. The sales team consisted of Michael Spedden,…

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MacKenzie Quarterly Market Report – 2nd Quarter 2015

June 29, 2015

DOWNLOAD REPORT MacKenzie Commercial Real Estate Services, LLC is pleased to release their Second Quarter Office Market Report for the Baltimore Metropolitan Statistical Area which includes the following overview from renowned economist, Anirban Basu, Chairman and CEO of Sage Policy Group. Through it all, Office Market Momentum Persists The second quarter was certainly an interesting…

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Healthy Paranoia: Enjoy the Good Times but Move Forward with Caution

June 26, 2015

My friend, Mike Gill, Secretary of Business and Economic Development for Maryland has a saying, “It’s good to practice healthy paranoia.” This is currently the practice of many professionals in our industry. Although things are going pretty well right now with strong demand, we have seen in the past that this is a fragile recovery…

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Leading Supplier of Seasonings Breaks Ground on New Headquarter Location

June 25, 2015

Fuchs North America, part of the world’s largest privately held spice and seasoning company, Fuchs Group, broke ground Tuesday, June 23, 2015 on Route 482 in Hampstead, Maryland. Plans for the 21+ acre site include development of a completely new headquarters facility for the organization. MacKenzie Development Company, LLC is proud to act as developer…

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MacKenzie Leases 6,000 sf in Prince George’s County

June 15, 2015

MacKenzie Commercial Real Estate Services, LLC is proud to announce that Maryland-based Annapath, Inc., a newly formed, privately owned surgical pathology and cytopathology laboratory located in Annapolis has expanded by 6,000 square feet at 4801 Telsa Drive in Bowie, Maryland. MacKenzie President J. Scott Wimbrow, SIOR provided tenant advisory services in the transaction. The expanded…

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MacKenzie Capital Welcomes Brendan Harman

June 8, 2015

MacKenzie Capital, LLC is pleased to announce the addition of Brendan Harman as the newest member of their team. As an Assistant Vice President, Brendan will assist Principals John Black and Glenn Ercole and Senior Vice President Andrew Manley in the arrangement and placement of real estate capitalization, both debt and equity, on behalf of…

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Moe’s Southwest Grill’s First Entry to the Baltimore Metro Area

June 8, 2015

MacKenzie Retail, LLC is proud to announce that Moe’s Southwest Grill, a fast-casual restaurant serving a wide variety of fresh, made-to-order Southwest fair, has signed a lease for a 2,700 square foot end-cap at Landsdowne Station on Washington Boulevard in Baltimore County. Represented by Real Estate Advisors Henry Deford and Mike Gioioso of MacKenzie Retail,…

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Downtown Building Reaches Highest Occupancy in 14 Years

June 2, 2015

MacKenzie Commercial Real Estate Services, LLC is proud to announce that with four new tenants signing in 2015 totaling more than 19,000 square feet, 20 S. Charles Street has achieved an occupancy rate of 86.1%, the highest rate the building has seen since the 3rd quarter of 2001. The new tenants are Appereon Business Solutions,…

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Highly-Anticipated Restaurant Breaks Ground in Abingdon

May 30, 2015

ABINGDON, Md. – Boston’s Restaurant & Sports Bar (Boston’s), a casual-plus dining concept that combines two experiences under one roof, announced today that their newest location in Abingdon, Maryland has officially broken ground. Located at 3459 Merchant Blvd. in the Boulevard at Box Hill Shopping Center, Boston’s will offer the perfect place for local community…

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