Insights
MacKenzie Commercial Real Estate Services, LLC is pleased to announce the sale of 7205 Rutherford Road, a 25,000 square foot, single-tenant net leased office building situated in the Rutherford Business Park. MacKenzie’s Senior Vice President/Principal Don Schline and Vice President Michael Spedden arranged the sale on behalf of the owner 7205 Rutherford, LLC and purchaser,…
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Now at the halfway point of the year, the state of the retail market seems to be improving and it was evident that the industry and State of Maryland share this viewpoint. The second quarter plays host to the International Council of Shopping Centers’ (ICSC) global real estate convention, RECon, in May in Las Vegas.…
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Royal Farms has selected MacKenzie Contracting Company, LLC to construct their latest store in Randallstown, Maryland. Formerly the site of an Antwerpen Nissan Dealership, the new 5,100 square foot Royal Farms location will be situated prominently on the heavily traveled Liberty Road, offering a full convenience store and gas station services. MacKenzie Contracting will be…
Read MoreMacKenzie 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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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,…
Read MoreDOWNLOAD 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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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…
Read MoreFuchs 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…
Read MoreMacKenzie 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, 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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