MacKenzie Leases 38,500 SF in Prince George’s County

12/4/17

MacKenzie Commercial Real Estate Services, LLC is pleased to announce that Forman Mills, a fast growing, big-box retailer specializing in off-price apparel, has signed a lease totaling more than 38,500 square feet at Forestville Plaza Shopping Center located in Prince George’s County. Forman Mills will occupy an endcap position in the center, bringing the center to ninety-nine (99%) percent occupancy. MacKenzie Vice President Ginny Vernick represented the landlord, PMM Enterprises, and Michael Isen of NAI Michael Company represented Forman Mills in this transaction.

Located at the intersection of Pennsylvania Avenue and Forestville Road, the 218,000 square foot Forestville Plaza Shopping Center welcomes Forman Mills to its newest location, joining anchor tenant Roses, junior anchors Save-a-Lot, Price Busters Furniture, and Shoe Show, and a variety of additional smaller service retailers including Metro PCS, MailXpress, and Industrial Health.

“Forestville Plaza Shopping Center has been transformed by its owner, PMM Enterprises, from a once dilapidated, run down shopping center with large vacancy, to a now thriving commercial retail hub offering the community of Forestville value and affordability,” stated Vernick. “Through hard work and vision, PMM Enterprises repositioned this property into the strong community oriented shopping center it is today, and patiently assembled an excellent mix of tenants to complement and serve the surrounding community.”

The shopping center was recently updated to include new exterior facades, lighting, parking lot resurfacing, and received overall upgrades . There is currently 2,000 square feet available.

MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research. With more than 150 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.

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