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During its 40 year tenure, MacKenzie has developed more than 4.5 million square feet of office, retail, and industrial space. |
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View Acquisition Criterias
Mackenzie Development
We are actively seeking development opportunities in Maryland. If you have a site you believe we'd be interested in, please see our acquisition criteria.
- Income producing property
- Developable land zoned for commercial use
A. Acquisition Criteria for Income Producing Property
Product Type:
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Retail
Industrial/Flex Office
Mixed-Use (office and retail)
Office |
Price Range: |
$1,000,000 - $40,000,000 |
Size: |
Retail: 20,000 sq. ft. minimum
Office: 30,000 sq. ft. minimum
Industrial: 75,000 sq. ft. minimum |
Age: |
Must be built after 1980 |
Geographic: |
Maryland area |
Comments: |
Looking for "value add" opportunities where there is an ability to either increase under market rents, redevelop to increase leasable areas or includes excess land capable of supporting additional income producing projects. |
B. Acquisition Criteria for Developable Land
Product Type:
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Land zoned for retail, office, industrial or mixed use projects. Land should be capable of yielding, with appropriate parking, at least the following:
a) Retail — 30,000 sq. ft.
b) Office — 30,000 sq. ft.
c) Industrial — 75,000 sq. ft.
d) Mixed use — 50,000 sq. ft. of office/retail (could have residential component as well)
e) Retail pad site — 5,000 sq. ft.
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Price Range: |
No guidelines |
Size: |
Retail: 20,000 sq. ft. minimum
Office: 30,000 sq. ft. minimum
Industrial: 75,000 sq. ft. minimum |
Geographic: |
Maryland area |
Utility Availability: |
Sewer, water and electric must be available to the site. Gas would be a plus. |
Public Access: |
Access to the site by public road system is required.
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Zoning:
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Need appropriate zoning although there may be situations through the County Map Process where a purchase subject to re-zoning could be appropriate.
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