MacKenzie Management Insights

Are Outdoor Spaces Here To Stay? Commercial Property Owners Are Banking On It.

06/15/2021

For many Baltimore area real estate owners, adapting to restricted capacity regulations during the pandemic meant adding or expanding their outdoor spaces. Now that restrictions have loosened, property managers at MacKenzie Management say owners are realizing their customers want this access to the outdoors to…

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Building Value: Energy Standards

05/07/2021

Legislators are mandating more use of Renewable Energy, which comes with a price; now’s the time to prepare for how this will affect your energy spend. No longer viewed as “niche,” renewable energy is coming into its prime. Most agree that definite changes in our…

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Building Value: Cost Segregation

03/09/2021

Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate to increase after-tax cash flow by accelerating depreciation deductions and deferring federal and state income taxes. What is…

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exterior shot of Mackenzie companies

The Benefits of Working with a Full-Service Commercial Real Estate Agency

09/23/2020

What makes a full-service commercial real estate agency “full service?”  In a typical commercial real estate agency, seasoned brokers work with buyers and sellers to conduct leasing and sales initiatives. Full-service commercial real estate agencies offer this necessary service, and much, much more. When you…

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Staying Ahead During an Ever-Changing Environment: Considerations for Commercial Property Owners

07/01/2020

Since March 5th, when Governor Hogan declared the State of Emergency, we have all had to adjust the way that we operate, and this is especially true for commercial landlords. Social distancing and mask-wearing requirements were posted throughout buildings. Hand sanitizing stations were put in…

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elevator lobby with multiple elevators along the walls

Due Diligence Matters: Elevators

03/01/2020

As buildings begin to age, there’s often the need for a complete upgrade to the elevator(s), commonly referred to as an Elevator Modernization. The costs can vary depending on the specific needs of your building, but most Elevator Modernizations are major capital expenditures costing in…

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Due Diligence Matters: HVAC

09/01/2019

Buyers of properties should be aware of the refrigerants used in any assets they are acquiring, so that associated costs can be appropriately budgeted. This is an issue that should be a high priority during due diligence. Owners of properties with older systems will have…

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