Preston Scheffenacker, Inc. is a real estate investment management and development company based in Lutherville, Maryland. Preston Scheffenacker was created to manage private equity investments in institutional quality, industrial and office properties in the Baltimore, MD - Washington D.C. Corridor.
In conjunction with its private equity and institutional partners, Preston Scheffenacker plans to acquire and/or develop up to 10,000,000 square feet of space over the next 7 to 10 years. Preston Scheffenacker will capitalize on unique and favorable market dynamics which are specific to the real estate market in the Baltimore, MD - Washington, D.C. Corridor.
Investment Strategy
Preston Scheffenacker, Inc. has developed a proprietary investment strategy, the 1177™ Strategy. The 1177™ Strategy serves as the basis for most Preston Scheffenacker investment activity. This opportunistic investment strategy has been implemented in anticipation of favorable market changes occurring in the Baltimore-Washington region which will benefit real estate investors in this market over the next 10 years. Preston Scheffenacker believes these positive market dynamics will create significant return potential for investors.
Preston Scheffenacker Properties is a real estate investment and development company.
In the last twenty years, Preston has been directly involved in real estate developments totaling more than 15 million square feet and valued at more than $800 million. Our primary goal is simple and straight forward: we are committed to producing sound returns over time, with a clearly defined exit strategy. Our thorough due diligence process allows us to identify the highest and best use for each project.