David Scheffenacker
President / Principal, Preston Scheffenacker Properties
Towson, MD 21204
Phone (410) 296-3800
Property Types
Office
Markets
Baltimore
Bio
David P. Scheffenacker, Jr. founded Preston Partners, Inc. in 1989. Originally a real estate brokerage firm, over the past fifteen years Preston Partners has been involved in the sale, leasing or financing of more than 20 million square feet of industrial and office properties. In 1998, Preston Partners expanded into development, combining the synergies of real estate brokerage and development. David has personally directed the development of over 8,000,000 square feet of industrial property in the last 9 years. He has built such projects as the 650,000 square foot Clorox facility, the 350,000 square foot Pier One project, the acquisition and renovation of the 800,000 square foot GE Building, the Mercedes project and the recent development of Preston Gateway, a 1.1 million square foot development around BWI airport in Anne Arundel County, Maryland. David has been featured in the Baltimore Sun, ("Money Strolls Up in Wingtips"), and the Baltimore Business Journal’s, "Who’s Who in Commercial Real Estate" and also in the article, "40 Under 40". David's family has been involved in real estate development in Maryland for over 130 years.
Presently, David P. Scheffenacker Jr. oversees three real estate firms which include Preston Capital Management, Inc. (Real Estate Development and Investment), Preston Partners, Inc., (Commercial Real Estate Services) and Preston Financial, Inc. (Commercial Real Estate Financial Services).
David proudly supports a number of educational and charitable efforts including Public Broadcasting Services (PBS) where Preston Capital Management, Inc. and Preston Partners, Inc. are sponsors of Newshour with Jim Lehrer, Antiques Roadshow and NOVA on Maryland Pubic Television. David serves on the Board of Trustees of the St. Paul's School for Boys in Brooklandville, Maryland. He also serves on the Board of Trustees of the American Heart Association and the Maryland Historical Society. David has served as a volunteer with both the State of Maryland Mentor Program and the Maryland State Employment Education Program. He is a member of NAIOP (National Association of Industrial and Office Properties).
David graduated from Roanoke College in 1982 with a Bachelor of Science degree.
