Business Details
Your Trusted Maryland Real Estate Development Partner
Preston Scheffenacker Properties has been a cornerstone of Maryland's real estate landscape since our founding in 1867. Our strategic approach focuses on market knowledge, proximity to transportation hubs, and innovative solutions to maximize value while minimizing risk. With expertise spanning industrial build-to-suit projects to complex redevelopments, we maintain a diverse portfolio of high-performing assets including office spaces, industrial facilities, storage solutions, and mixed-use developments like Oxford Square. Our family-owned legacy combines deep industry experience with a commitment to excellence in capital markets negotiation, landlord representation, and construction management.We pride ourselves on fostering long-term relationships with county officials to stay ahead of regulatory changes, ensuring every project remains on solid footing from conception to lease. Our award-winning team of architects, engineers, and builders works meticulously to analyze every detail, transforming the Maryland landscape through visionary real estate solutions that honor our founder's original legacy.
Services
Commercial Real Estate Development
Residential Development
Industrial Build-to-Suit
Redevelopment Projects
Property Acquisition
Landlord Representation
Construction Management
Mixed-Use Development
Site Renovation
Zoning & Rezoning
Highlights and features
- Family-owned with over a century of Maryland market expertise
- Specialized in industrial build-to-suit and complex redevelopments
- Award-winning team of architects, engineers, and construction experts
- Proven track record in transit-oriented development projects
- Established relationships with county officials for regulatory navigation
What people say
Award-winning team
Deep local knowledge
Proven track record
Services
Commercial Real Estate Development
We create high-performance office spaces and commercial properties through strategic acquisitions and innovative design. Our transit-oriented developments leverage proximity to transportation hubs for maximum accessibility. With over 150 years of experience, we deliver sustainable, future-ready commercial assets that meet evolving market demands.
Industrial Build-to-Suit
Our build-to-suit industrial solutions provide tailored facilities for specific operational needs. We combine deep market knowledge with construction expertise to optimize locations near key transportation routes. This service includes complete project management from site selection through final construction.
Redevelopment Projects
Transform underutilized sites into productive assets through comprehensive redevelopment strategies. Our expertise includes rezoning considerations, environmental assessments, and modernization of aging infrastructure to meet current market requirements and community needs.
Mixed-Use Development
Create vibrant communities through mixed-use developments combining residential, commercial, and retail spaces. Our Oxford Square project exemplifies our approach to balanced urban planning that maximizes land value while enhancing community connectivity.
Construction Management
We provide end-to-end construction management services ensuring quality control and timeline adherence. Our experienced team coordinates all aspects of development from initial planning through final delivery, maintaining strict budget and quality standards throughout the process.
People
David P. Scheffenacker, Jr.
President
As President, David P. Scheffenacker, Jr. leads strategic growth initiatives while maintaining our family's century-old commitment to Maryland real estate. He oversees all development operations and client relationships, ensuring our projects meet both market demands and community needs.
Randall D. MacCuaig
Executive Vice President
Executive Vice President Randall D. MacCuaig manages day-to-day operations and project execution across our portfolio. With deep industry expertise, he focuses on maintaining our quality standards while implementing innovative development strategies to enhance property value.
Jean Scheffenacker
Chief Operating Officer
As Chief Operating Officer, Jean Scheffenacker ensures efficient project delivery across all our developments. She oversees construction management and resource allocation, maintaining our commitment to excellence in every project from initial concept through final construction.
Karl F. Lehmann
Senior Vice President
Senior Vice President Karl F. Lehmann specializes in strategic acquisitions and market analysis. With extensive knowledge of Maryland's regulatory environment, he identifies high-potential properties and leads negotiations to secure optimal development opportunities.
Questions
What types of properties do you develop?
We develop mixed-use, commercial, residential, and industrial properties throughout Maryland with a focus on transit-oriented locations.
How long has your company been in business?
Since 1867, providing over 150 years of continuous real estate development experience in Maryland markets.
What counties do you primarily serve?
Our primary service areas include Anne Arundel, Baltimore, Harford, and Howard Counties in Maryland.
Do you handle complete development projects?
Yes, we provide full lifecycle development from acquisition through construction and project delivery.
How do you approach zoning regulations?
We maintain close relationships with county officials to stay informed about evolving regulations and permitting timelines for efficient project execution.
What sets you apart from competitors?
Our family-owned legacy combines generational market knowledge with modern development strategies and transit-oriented planning expertise.
