Avoid these common commercial leasing errors to reduce risk and protect your business.
MacRo wins "Best Website" Award of Excellence
As key downtown Frederick properties change hands at higher prices, lease rates can expect to continue to rise.
It is often said that life is a two way street, but on a rare occasion a sinkhole may instantly open up in the middle of the road sending travelers and real estate investments into an abyss.
Sometimes the promise of big profits in a land development partnership are not worth the risk!
Believe it or not, the voters in the City will select a new mayor in a mere seven months!
Frederick County’s Deal of the Year winner, and Rocky Mackintosh honored with the Lifetime Achievement Award
Having an exit strategy early on is critical to mitigating your investment risk.
MacRo shares its top 5 commercial real estate mistakes to avoid at all cost.
Total square footage of improved commercial office space leased in Frederick County jumps 56% over 2015 statistics.
Many factors determine the amount of square footage a tenant will actually need.
883 acre Glade Valley Farms historic thoroughbred property tops charts at $9 million.
You got the sobering big picture last time, now it’s time for a look at the eight CRE sectors and how they fared.
Number of transactions trending sharply downward, dollar volume holds to prior year levels with a few bright spots along the way.
Billed as a “Protection Plan” that provides recommendations for good land management strategies, property owners along the river feel disenfranchised and fearful of losing their property rights.
Market statistics show positive improvements in all sectors of residential and commercial real estate.
Reflections from the annual Maryland Bankers Association First Friday Economic Outlook Forum for 2017 and beyond.
Find new ways to improve cash flow through energy savings.
An apartment project, a major medical office building and the resale of an office park, all in Frederick County gobbled up an 82% share of the sales volume last quarter, leaving the remaining 25 transactions to fight over the left-overs!
Booming & Blooming, Empty to Energized - Two New Businesses Hit Frederick Scene.
The Fall/Winter MacRo Newsletter Download is Here...
The Annual MacRo Newsletter is on its way to your mailbox.
When it’s time to hang up the shingle, what do you do with your business and commercial real estate commitments?
As Election Day 2016 draws near, it’s time to get serious about identifying key personnel to drive the #Rocky4POTUS ticket to victory!
Keep your investment and tenants safe by using these helpful commercial real estate security recommendations.
Selling to a Land Developer Is Not Your Only Option
In the age of do it yourself high speed internet searches, the best way to make a good deal in commercial real estate may very well be to blend it with an old-fashioned phone call!
Leased Space in all CRE sectors increase by 20% from 2015 levels in the first half of 2016, and also all four sectors see surge in lease rates.
While the CRE sales count holds steady, the average sales price and dollar volume drop by more than 60% from same period of 2015
Learning and continuous improvement are keys to a successful CRE career.
Terms Brokers and Owners Might Not Know But Should, T through Z
Terms Brokers and Owners Might Not Know But Should, P to S
Sales volume reveals a very different sector mix than 2015, but some things are very much the same.
Terms Brokers and Owners Might Not Know But Should, F to O
There are a lot of issues to consider when making a decision to rehab your workspace or move to a new location.
An analysis of rural land transfer in excess of 100 acres shows a positive uptick in values over the last two years.
Another year, another batch of commercial real estate companies offering disruptive and innovative technology products
"The battlefield is a scene of constant chaos. The winner will be the one who controls that chaos, both his own and the enemies.” --- Napoleon Bonaparte
CRE Sales top the $300,000,000 mark with sales in the Industrial Sector consuming 32%, but a foreclosed business park can’t be ignored.
There’s a lot more at stake in how the Downtown Frederick Full Service Hotel and Conference Center proposal unfolds than whether a game-changing new project continues the evolution of Carroll Creek.
So you have a plan and want a tract of land to make it a reality … well, it isn’t that easy.
With strong support and some skepticism coming out of the Frederick community, is it a really worthy investment for the City and County government?
Not a great year ahead, but who’s complaining this year will be a good one … but maybe as good as it gets!
Third Quarter Commercial Property Sales Wipe Out Most Year-to-Date Losses.
Leased Space in all CRE sectors drop to 38% of 2014 levels in the first three quarters of 2015, and two of four sectors see drops in lease rates as well.
Selling to a Land Developer Is Not Your Only Option
Do our state and county governments frugally manage the revenues from your income and real estate taxes that are spent on building new schools?
This week we're revisiting one of our favorite blogs for Throw Back Thursday. What is the cost of waiting too long or over-analyzing your decisions? Read on to find out.
Rocky Mackintosh, President and Broker of MacRo, Ltd., a Frederick County, Maryland, based land and commercial real estate brokerage is seeking a very creative, energetic and organized individual who desires to break into the field of commercial real estate.
Now may be the Time to begin Marketing Your Property for Sale or Lease!
How to Get Tough with Commercial Property Management Firms
Five Apps to Help the Local Commercial Real Estate Broker’s Ground Game.
Tips for Commercial Property Owners and Landlords
Commercial real estate leasing tips for growing small businesses
This week we're returning to a past blog post that we believe could be very helpful for those of you interested in the Frederick commercial real estate scene. The full PowerPoint presentation is included below.
It’s a good news/bad news kind of market for office leasing in Frederick.
Yes, it is true income can go up and down at the same time … for the same people no less! How can that be? Well, grab an apple … and an orange, while you’re at it, and read on.
In today’s economic climate, no matter how wonderful we believe the Frederick community is, it is still a dog eat dog environment when it comes to attracting and retaining large and small businesses.
It is often said that life is a two way street, but on a rare occasion a sinkhole may instantly open up in the middle of the road sending travelers and real estate investments into an abyss.
Industrial property sales were hot hot hot! (Multifamily sales were not not not.)
Frederick County landowners are still being teased by the potential for a transfer of development rights ("TDR") program.
With five months down and forty-three to go, the record of the 4 Republicans on Frederick's Inaugural County Council sure isn't playing well.
Why would any landlord take an average annual rent loss to fill a 60,000 SF space?
MacRo is pleased to feature an article written by Steve Albert and Matthew Barlove of Glass Jacobson, a CPA wealth management firm.
One of our favorite series of posts in the MacRo Report Blog is Rocky's tales from the underbelly of Commercial Real Estate.
Flex vacancies declined and interest in the Golden Mile picked up during 2014.
As Frederick’s office market thaws, a clear picture emerges of the “new normal.”
Heavily laden within a bureaucracy mired with silos, regulations and excessive taxes, the signs are clear that Governor Larry Hogan has an opportunity to repel the authoritative rule that has evolved over the last quarter century.
Frederick may be one of CNN’s Top eight small town comebacks and listed as one of Movoto’s 2014 Best Counties in America, but is it truly the perfect place for your business? MacRo Investigates how Frederick Commercial Real Estate stacks up against its neighbors.
3 projects reach High Priority for the Economic Development Advisory Council for the City of Frederick.
Frederick County may be the buoy that is keeping Maryland employment from sinking lower
Frederick City continues to be recognized as a livable community, with wonderful amenities offering a great quality of life.
With hot campaign issues still burning over degree of real estate development, ethics and selling of county owned nursing home facilities, will Bud Otis lead the council into an era of civility or discord?
With the transition from the Commission form of government to that of charter for Frederick County, who is the best person among the 7 council members-elect to preside over our first county council? Give us your opinion!
Six months ago the closed sales volume for building lots in Frederick County finally showed a modest upturn from the great recession; but now things are even brighter!
Forget about placing bets on the candidate races in Frederick County’s first charter government election, this will be a close one for many … so get out and vote!
Cutting or eliminating a tax to be more competitive … what a brilliant idea!
How is the 2014 commercial real estate market stacking up?
Some may answer this question positively, but others believe at best the effort has been sporadic and inconclusive.
It remains one of the most significant unanswered questions in the campaign for Frederick’s first County Executive.
IF only God would give me a clear sign! Like making a large deposit in my name in a Swiss bank – Woody Allen
Multifamily was the strongest segment during the second quarter, posting three of the top five deals and over 700,000 square feet sold.
Sometimes to see the political future, it is important to go back in time!
This past week I was invited to have coffee with one of the candidates who is campaigning for a seat in Frederick County’s new charter Government in this November’s election.
Vacancies are down, leasing activity has increased, but sales transactions decline in the wake of shrinking listing inventories.
For professional CRE brokers, many skill sets are not learned in college or real estate school, but a matter of practicing what their mothers always said!
Can the east side of Frederick become a Dutch wonderland on American soil?
7-Eleven purchased two local convenience stores last quarter, nearly doubling dollar volume of sales in the commercial retail segment.
How does the outcome of a Board of Education primary election have anything to do with land & commercial real estate in Frederick County?
With less than a week to go before final votes are cast, let’s take a deeper look into the Republican primary election ballot.
Low interest rates, steady consumer demand, and record high industrial production is fueling strong demand for industrial real estate despite stunted first quarter GDP.
Endorsements are not easy to give in any election, but here are a few for you to consider!
Buyers snapped up Frederick office condos , while tenants leased four times as much flex space as office.
After all these years one has to ask “What Difference does it Make?”
Sometimes Landlords feel like they are running a concession stand at the local carnival.
Sales of industrial properties in Frederick were strong during the first quarter of 2014.
The sale of Overlook Manor Apartments and Lafarge North America’s quarry holdings boost 1st quarter commercial real estate sales.
In the world of real estate, it is not “what you see is what you get!”
Like us humans, nothing is static … not even a solid building that appeared it would last forever.
What should a property owner know before a listing commitment is executed with a land and commercial broker?
A month ago MacRo asked you what your outlook was for the coming year. Will 2014 be “the year” or just another notch in the belt of a slow recovery for the real estate market?
The sale and lease-back deal of Frederick’s State Farm operations building tops the list of 4th Quarter 2013 CRE sales.
Wondering what is coming to the real estate industry in 2014? Skip the snow and join me in Vegas for the annual International Builder’s Show – the building industry’s biggest event of the year.
Despite the frigid cold, now is the perfect time to consider listing commercial real estate for sale or lease
2013 was a year of growth for Frederick’s CRE market, in both year-over-year dollar volume and transaction volume.
A commercial real estate broker’s take on the Maryland Bankers Association First Friday annual Economic Outlook Forum
Former County Commissioner Charles Jenkins proclaims and anoints Jan Gardner as Frederick County’s first County Executive.
Small businesses and medical owner/users dominated Frederick’s office market during the third quarter of 2013.
Commercial real estate sales in Frederick are up more than 40% year-to-date over 2012 as the market continues a slow but steady improvement.
Medical office buildings (MOBs) weathered the recession better than any other type of real estate, with the possible exception of apartment buildings.
Weighing the election chances of thirteen candidates in the 2013 mayoral and alderman races for seats at City Hall.
With nearly all 2013 City Candidates campaigning on a platform of “no financial support” from city government for a Downtown Hotel Conference Center, how will the dream come true?
Medical office buildings in Frederick have always been in high demand for investors, but how will the Affordable Care Act impact this segment going forward?
Fundamentals for Frederick’s industrial properties are mixed, but overall the market for industrial properties improved during the second quarter of 2013.
Download this must read for all city voters … before the September 10th Primary!
MacRo, Ltd. is pleased to announce that Steve Cranford has joined our team as Vice President, Commercial Sales and Leasing.
MacRo, Ltd. assists another new public charter school in finding a home in Frederick!
There are many who say that one must be a bit crazy to play in the CRE game!
Real Estate Investment Trusts (aka REITs) were the big money players in the Frederick market during a brisk second quarter.
This past week, well known national real estate blogger Duke Long put out his lists of the 2013 Top 60 Commercial Real Estate Blogs You Must Read and 2013 Top 100 Commercial Real Estate People You Must Follow On Twitter.
Seven candidates are vying for the city’s top post, and on July 8th they face off for the first time.
After months of playing a sleuth, catching the bad guy and making a run for it after being threatened, will someone come knocking at my door to make me an offer I can’t refuse?
With one man behind bars, was another threatening me? Did he have a gun? … Is this what all complex real estate deals are like?
Why is Maryland rolling over for the EPA’s “Rain Tax” when Virginia successfully fought and won?
Business was brisk in sales of historic downtown Frederick office and mixed residential/retail buildings.
A soft-spoken real estate agent with two apparent identities introduces a young agent to a dark side of the Land and Commercial Real Estate business.
For most commercial real estate brokers, if you get enough years under your belt of active duty in this crazy business … you can say you’ve seen it all.
The Panama Canal could save Hagerstown, but will it boost Frederick’s industrial real estate values?
The professional Las Vegas style variety show produced a lot of laughter and amazement … and funds for a worthy cause!
There are only a couple of weeks to go before Uncle Sam gets his share of your hard earned money … so we thought we would rerun one of our more popular and taxing articles from 2011
MacRo shares a campaign platform wish list from a commercial real estate perspective.
Frederick City’s next mayor needs to bring fiscal order and a commitment to economic development.
Frederick has always been a community that seeks to care for its own. When it comes to Frederick’s kids, the desire to help a vulnerable population is even greater!
Manor at Holly Hills could be the last high-end housing development in Frederick.
A panel of leading Frederick commercial real estate professionals analyzes the market.
A big picture of Frederick County’s commercial market, including the top deals of 2012.
Readers’ favorites in 2012 included Obamacare, the election, and real estate technology.
Buyers are out there, but technology has dramatically changed their sophistication and behavior.
Here are the top five blog post we’ve written this past December on commercial real estate and local government in Frederick, Md:
Industrial real estate investors in Frederick waited for election results and held out for better properties.
17th Annual “George Delaplaine” Distinguished Citizen of the Year Awarded to Mackintosh
The approval process for the final plats continue to proceed at a steady pace – slower than hoped, but steady, none the less.
How will the rapid emergence of Frederick’s workspace-as-a-service market impact traditional commercial office real estate?
17th Annual “George Delaplaine” Distinguished Citizen Dinner
The Manor at Holly Hills, a future luxury residential community of estate lots east of Frederick City, is happy to report that the Covenants, HOA & Building Guidelines are nearly complete.
A special invitation is extended to loyal readers of the MacRo Report Blog
Will the need for “echo boomer” housing generate new apartment projects in downtown Frederick?
Frederick County Solarex property sold to out-of-state concern.
Frederick’s T.J. Maxx deal was not enough to prevent the worst retail segment quarter since 2007.
Office vacancy and lease rates in Frederick continue to improve, but for how long?
The board of twelve Founding Fathers (ten men and two brave women) propose a new constitution for Frederick County, Maryland.
AD-Hoc Committee recommends tiered tax system, escalating fines, and receivership on unkempt real estate within the City Frederick.
Analysis paralysis can have tragic consequences for real estate investors and business owners.
Success of Wegmans drives continued national retailer entry in the Frederick, Maryland commercial real estate market
Who will be the game changers in the world of commercial real estate?
City of Frederick Has Tough Choices Ahead Regarding Pensions and Post Employee Benefits
Real Estate recovery shows shift from “Flight to Quality” to “Flight to Value” in Frederick’s commercial industrial market.
Among the many phrases said about this amazing community volunteer is that “She’s everywhere! She’s everywhere!”
High vacancy rates have created a renter’s market for Frederick office space.
2011 showed gains in the development and construction of office, industrial and retail buildings.
Small businesses are back, and Frederick is poised with a healthy inventory of small office space!
Is Maryland’s Lend Local Act enough to loosen small business commercial credit?
Will exorbitant start-up fees squeeze out the local flavor of Frederick?
Appreciating the contributions and the values of those we have lost
Maryland Governor O’Malley’s PlanMaryland continues to bite the hand that feeds us.
“Potomac Gap” offers further proof that Maryland legislation is slowing our region’s economic recovery.
Discover What Key Factors are Effecting Your Land Parcel Price
Using state teachers” union dollars to preserve a long history of YES votes.
“We’re gonna need a bigger boat.” Police Chief Martin Brody, Jaws
Residential construction companies who build energy efficiency into branding will have an advantage.
Why charter schools are an asset, not a liability, to the Frederick community.
A short list of ways to lose money when investing in commercial real estate.
Can Leaders of Maryland and Frederick County be the Architects of a Regional Economic Recovery?
The $61 million sale of the Wegman’s shopping center tops a list that includes another new restaurant for Bryan Voltaggio and the rebranded SportsPlex.
Charter Home Rule draft constitution rapidly taking shape … Have you chimed in yet?
Some call them small farms, farmettes, or just large building lots; either way, they were hit hard by the real estate crash.
MacRo, Ltd is starting a new movement: Occupy Commercial Real Estate!
I guess one can call it “Straight Jacket Approval” in that once approved, public charter school start ups have to enter the cold cruel world of real estate.
Another Shepherd for Lake Linganore, and Real Estate purchases for CarMax and the Social Security Administration.
We’re headed in the right direction: this year’s Top 5 blows the big deals of 2010 out of the water!
Is the battle over how to control real property rights in Frederick County the core issue?
A look back at our readers’ favorite topics impacting land and commercial real estate in Frederick County, Maryland.
Valuable Ideas for Landlords and Tenants for filling Vacant Spaces
Downtown Frederick Co-Working Arrangement Proves Win-Win for Landlord and Tenants
But can they dance to Christmas music? See for yourself as Ric Adams, Shelley Aloi, Betsy Day, Shabri Moore, Billy Shreve, Matt Warner and Rocky Mackintosh try to dance their way into the Holiday Spirit!
The following excerpt is from INC.com news article by Randyl Drummer.
Watch Generation Y to find profitable niches in Frederick’s real estate market
Will Mitigation Fees Provide Enough Funds to Hasten Renovations to Frederick High School?
Appraiser Six states building lot values continue to drop at 1% per month.
A Creative way for Tenants and Charter School Start-Ups to reduce their annual rental payments.
Frederick Memorial Hospital recently announced that Dr. P. Gregory Rausch was named Chairman of the FMH Development Council.
The Frederick Affordable Housing Council (AHC) has identified a unique way to harness Frederick County’s Moderately Priced Dwelling Units (MPDU) Program as a source of funds to purchase foreclosed properties and rehab them as sustainable affordable housing.
In our last blog post Have Office Vacancy Rates Peaked?, we shared the concept of “shadow” office space.
The following excerpt is from CoStar news article by Randyl Drummer.
To capitalize or to deduct property development costs?
The following excerpts are from a CoStar Group news article by Randyl Drummer.
The following excerpts are from a Globest.com news article by Sule Aygoren Carranza.
The following excerpt is from a CoStar Group news article by Mark Heschmeyer.
The following excerpt is from The Washington Post news article by Steven Overly.
The Frederick County Chamber of Commerce is holding its 16th annual Business Expo on Tuesday, September 27th.
The Reis Observer foresees stabilization in Office, Shopping Centers and Industrial leasing with Multifamily real estate vacancies remaining low.
The following is a news summation from article by Matthew Schnürr.
Frederick County gathers ideas from Harford and Howard County Executives.
It’s called PlanMaryland – It is a comprehensive state wide land use plan presented beautifully on a website that gives the visitor a real warm and fuzzy feeling of protection from evil real estate development interests.
Catching up on the residential housing market with renowned Frederick County real estate appraiser A. Wayne Six, President of Six & Associates, Inc.
The board appointed by the Frederick County Board of County Commissioners to write a proposed new constitution for the community has continued its outreach effort through out the summer months.
With these 5 ingredients it is possible to sell real estate for more than its appraised value.
It is interesting how politics play into decision making, or in the case of our Board of Frederick County Commissioners, how voices can make them eat humble pie… after they set off a hand grenade!
We are still in a real estate recession aren’t we?
Finding the right blend of government incentives and capitalism to solve the housing and real estate crisis
Frederick County, Maryland and adjacent counties to the north and west yield more residential home transactions, but lower prices.
Well known national real estate blogger Duke Long put out his list of the Top 75 Commercial Real Estate People You Must Follow on Twitter this past Sunday.
In some sectors of the Commercial and Industrial leasing markets, landlords face unique challenges with existing leases.
Frederick, Maryland expected to boast new retail/residential Market Square in 2012.
With claims of a boondoggle, fishiness, egregious actions and the dismantling of the public domain, the Board of County Commissioners is forging into new territory that offers promise but requires community support.
Zoning, title, deferred maintenance and NOI are among the many factors that influence real estate values
Seeking a full time Executive Assistant / Bookkeeper Position
Institutional investors lead 2011's first quarter retail and office property sales.
Investigating the layers of a full service lease in a commercial real estate transaction
Where does the money come from to improve old schools and build new ones?
Residential real estate continues to feel the aftershocks of short sales and foreclosures
The following news article is by Victor Calanog
MacRo is partnering with the Frederick Alliance for Youth (FAY) to bring a new community center to the Hillcrest area of Frederick.
In an interesting, yet unsurprising turn of events, petitioners for an elected charter-writing board plan to take the case to court, as reported on May 18, 2011 by The Frederick News-Post’s Patti S. Borda.
The following summaries are regarding the first quarter 2011 office, apartment and retail real estate markets in the Suburban Maryland area, as reported by REIS.
Officials consider amendment to APFO
Despite the challenges of the local industrial real estate market, the City of Frederick faces the loss of funding to pay off bond debt if certain rental rates are not achieved.
The local Maryland job market is showing improvements and helping to reduce the rate of real estate foreclosures.
The following is a news article by A. D. Pruitt, released on May 9, 2011
The following is a press release distributed today by the Frederick County Government regarding the recent petition to hold a special election to appoint an alternative Charter Board.
The multifamily rental market is continuing to show rapid gains in strength in Frederick County, Maryland, as well as across the nation.
As the deadline countdown comes to a close for the group seeking to be elected to the Charter Board, former county commissioner Kai Hagen and his “Citizen Nominees” have ramped up their claims of land developer influence on the BOCC appointed board.
Real estate tax rates will not be increasing anytime soon, but tempers are rising, that's for sure… and where did our farmland preservation money go?
For a sense of the uphill battle facing the mortgage industry and its leading trade group, there’s not a better primer than today’s welcome address from its incoming chief executive.Interesting piece in the Wall Street Journal today, written by By Nick Timiraos, regarding the turbulence going on in the Mortgage Industry
The Charter Board announced on Wednesday, April 27, 2011 their first round of outreach meetings with community organizations.
Gazette.net released the following news article on April 21, 2011
MacRo, Ltd. has moved to a new (and final) home!
Across the U.S. commercial real estate developers are trying to shed their low performing mall properties.
High Inventory and Lower Values Today, but a Scarcity of Rural Building Lots in the Future?
A perspective on the small area planning process for the once glittering row of retail real estate
The reported Sunday that the Frederick Alliance for Youth (FAY) was recently awarded $375,000 in state grants as funding toward building a 30,000 square foot community center in the Hillcrest Drive area.
CityBiz Real Estate released the following news article on April 10, 2011
The Volume of Lot Sales in Frederick County on the Rise, But Still Only a Fraction of Year 2000!
On behalf of the Frederick County Charter Board, Vice Chairman Robert J. Kresslein, Esq. released the following press release at 6:22 PM EST on April 6, 2011