MacKenzie
MacKenzie is a Maryland-based, full-service commercial real estate firm founded in 1968, offering brokerage, property management, contracting, capital advisory, and investment services across 25 states via six Mid-Atlantic offices.
- Company typePrivate
- Founded1968
- HeadquartersLutherville Timonium, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What MacKenzie does
MacKenzie Commercial Real Estate Services is a privately held, full-service commercial real estate firm founded in 1968 and headquartered in Lutherville Timonium, Maryland. The company operates across six offices in Maryland and Virginia, with a stated geographic reach spanning 25 states, and serves commercial property owners, tenants, investors, and developers through five integrated service lines: Commercial Brokerage (tenant and landlord advisory, investment sales), Property Management, Commercial Contracting, Capital Advisory (debt and equity placement), and an Investment Group (investment and development). Its client base spans enterprise names such as T. Rowe Price and MedStar alongside regional and SMB tenants, with notable recent transactions including T. Rowe Price's 550,000 SF Global Headquarters at Harbor Point and the $57.5M sale of Normandy Shopping Center.
The firm's business model is primarily transaction- and fee-based, generating revenue through brokerage commissions on lease and sales transactions, recurring management fees on managed commercial portfolios, construction project fees, and capital placement fees. Pricing is custom and project-specific with no public standardization. GTM is enterprise field sales delivered through broker-led relationships, supplemented by a self-serve property search portal and a quarterly market report distribution that functions as top-of-funnel content marketing. In April 2026 the company spun off its multifamily assets into a separate entity, MacKenzie Apartment Communities, Inc., sharpening focus on the core diversified CRE platform.
In its most recent reporting period MacKenzie completed 943 lease and sales transactions, a 12% year-over-year increase, with a 23% improvement in total square footage volume and a 7% rise in transactional value, which the firm characterized as the best year in its gross revenue history. Geographic reach expanded from 21 to 25 states, out-of-state transactions rose 50%, and four new full-time brokers were added. Recent awards include the 2026 CoStar Impact Awards of the Year, and a major new mandate positions the firm as exclusive broker for the 29-acre Cambridge Harbor mixed-use waterfront redevelopment.
MacKenzie firmographics
Firmographics- Name
- MacKenzie
- Website
- https://mackenziecommercial.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MacKenzie is a Maryland-based, full-service commercial real estate firm founded in 1968, offering brokerage, property management, contracting, capital advisory, and investment services across 25 states via six Mid-Atlantic offices.
- Ownership category
- akta.pro rank
MacKenzie industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Tenant Representation & Corporate Services Brokerage (BPAJABAJ)
Keywords
Where MacKenzie is headquartered
LocationHeadquarters
- HQ city
- Lutherville Timonium
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
MacKenzie business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Commercial Brokerage Services: Brokerage commissions from lease and sales transactions for commercial properties including retail, office, industrial, and multifamily assets. Transaction-based revenue from representing both buyers/sellers and tenants/landlords.
- Property Management: Ongoing property and asset management services for commercial real estate portfolios.
- Commercial Contracting: General construction services for commercial projects.
- Capital Advisory: Debt and equity placement services for real estate transactions and developments.
- Investment Group: Investment and development services including investment sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Custom project-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
MacKenzie product offering
Product offeringCore offering
MacKenzie is a full-service commercial real estate firm providing tenant and landlord advisory, investment sales, property and asset management, general construction (commercial contracting), debt and equity placement (capital advisory), and investment and development services. The firm operates across six offices in Maryland and Virginia, with a geographic reach spanning 25 states, and supplements its advisory work with an online property search portal and quarterly market research reports.
Product overview
MacKenzie is a full-service commercial real estate firm offering a platform of integrated services: Commercial Brokerage (tenant/landlord advisory, investment sales), Property Management, Commercial Contracting, Capital Advisory (debt/equity placement), Investment Group (investment and development), and a dedicated Virginia regional division (MacKenzie Virginia). The company also operates a Property Search digital tool for browsing listings. Services are delivered through six regional offices across Maryland and Virginia.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Brokerage
Companies that use MacKenzie
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles3 records
MacKenzie technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MacKenzie partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered major and core.
- Cambridge Waterfront Development, Inc. (CWDI)majorMacKenzie engaged as exclusive brokerage firm for Cambridge Harbor redevelopment project, a 29-acre mixed-use waterfront district in Maryland. MacKenzie will lead developer outreach, prepare marketing materials, and identify qualified development partners and end-users for residential, retail, hospitality, maritime, and public access components.
- DANAC Realty AdvisorscoreDANAC procured the buyer while MacKenzie represented the seller in the $10.7M Country Ridge Shopping Center transaction. Complementary brokerage roles in cross-representation deal structure.
- Kenwood Management CompanycoreMacKenzie represented Kenwood in 35,967 SF lease renewal with MedStar at Kenwood's Corporate Drive property in White Marsh, MD.
- Broadmead, Inc.majorMacKenzie brokered $16.5M sale of three-building commercial office portfolio in Sparks, MD to Broadmead, Inc. Broadmead plans to convert the 220,000+ SF campus into 80 independent living residences for seniors pending Maryland Department of Aging approval.
- Beatty Development GroupmajorDeveloper of Harbor Point project where MacKenzie was recognized for leasing involvement with T. Rowe Price's 550,000 SF Global Headquarters.
- Armada HofflermajorDeveloper partner for Harbor Point project where T. Rowe Price's new Global Headquarters was developed.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
MacKenzie competitors and assessment
Company assessmentDirect peers
- SVN International Corp. Commercial real estate franchise network offering brokerage, property management, and advisory services through member firms. Comparable model to MacKenzie's owner-operated regional CRE platform.
- Marcus & Millichap: National commercial real estate investment sales firm focused on brokerage of CRE assets across multiple property types. Comparable to MacKenzie's investment sales segment and similar multi-office coverage strategy.
- Avison Young: Mid-tier global commercial real estate services firm providing brokerage, property management, and capital markets advisory. Comparable to MacKenzie in full-service scope and multi-office footprint, though with broader geographic reach.
- NAI Global: Network of independent commercial real estate firms operating across multiple U.S. and international markets. Highly comparable to MacKenzie's full-service platform (brokerage, property management, capital markets) delivered through a regional owner-operator structure.
- Lee & Associates: Privately held commercial real estate firm with multiple regional offices across North America offering brokerage, property management, and advisory services. Closely mirrors MacKenzie's private, multi-office, full-service operating model.
- KLNB: Mid-Atlantic focused commercial real estate firm headquartered in the Baltimore/DC region offering brokerage, property management, and consulting. Direct regional competitor with overlapping service lines and similar enterprise clientele.
Broad incumbents
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Competes with MacKenzie on large tenant representation, capital advisory, and investment sales engagements.
- CBRE Group: Largest global commercial real estate services firm with full-service capabilities across investment sales, leasing, property management, and capital markets. Incumbent competitor for MacKenzie's enterprise and out-of-state mandates.
- Newmark Group: Global commercial real estate advisory and services firm offering leasing, investment sales, and capital markets. Direct competitor on investment sales and tenant rep mandates outside MacKenzie's core Mid-Atlantic base.
- Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, valuation, and capital markets. Competitor to MacKenzie on large enterprise transactions like the T. Rowe Price HQ deal and cross-state investment sales.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MacKenzie social profiles
Digital presenceMacKenzie financial estimates
Financial estimateRevenue estimate
Valuation estimate
MacKenzie leadership team
Management profileNumber of profiles
Profiles6 records
MacKenzie funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MacKenzie M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MacKenzie
What does MacKenzie do?
MacKenzie is a full-service commercial real estate firm providing tenant and landlord advisory, investment sales, property and asset management, general construction (commercial contracting), debt and equity placement (capital advisory), and investment and development services. The firm operates across six offices in Maryland and Virginia, with a geographic reach spanning 25 states, and supplements its advisory work with an online property search portal and quarterly market research reports.
Is MacKenzie a public or private company?
MacKenzie is a private company. It is classified as unknown and is currently operating.
When was MacKenzie founded?
MacKenzie was founded in 1968. It employs 101 to 250 people.
Where is MacKenzie based?
MacKenzie is headquartered in Lutherville Timonium, United States, in the North America region.
How does MacKenzie make money?
Five revenue lines are on record. Commercial Brokerage Services are the primary driver. The others are property Management, commercial Contracting, capital Advisory and investment Group.
Who are MacKenzie's main competitors?
Direct peers on record are SVN International Corp., Marcus & Millichap, Avison Young, NAI Global, Lee & Associates and KLNB. Broad incumbents are JLL (Jones Lang LaSalle), CBRE Group, Newmark Group and Cushman & Wakefield.
Does MacKenzie have an API?
No public API is recorded for MacKenzie.
What industry is MacKenzie in?
MacKenzie's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJABAJ, Tenant Representation & Corporate Services Brokerage. Its NAICS code is 5312 and its SIC code is 6531.