Obrecht Properties

What Obrecht Properties does

Obrecht Properties is a privately held, family-owned commercial real estate firm headquartered in Timonium, Maryland (Lutherville Timonium), that provides integrated development, construction, property management, and leasing services across the Baltimore Metropolitan area. Formally incorporated in 1954 with roots traceable to 1865, the firm operates as a third-generation owner-operator of industrial, office, and retail assets and has cumulatively built more than 20 million square feet of commercial space throughout Maryland. Its owned portfolio includes marquee mixed-use and Class A assets such as Quarry Lake at Greenspring (250,000 SF office + 111,000 SF retail/restaurant), Crown Business Center (324,000 SF, FTZ #74, Enterprise Zone, near the Port of Baltimore), Highland Marine Terminal (800,000+ SF, Maryland's first brownfield redevelopment, FTZ status), William Paca Industrial Park, and Deer Park Center—the latter upgraded with energy-efficient HVAC and a Building Automation Systems (BAS) layer for remote building systems monitoring.

The company's commercial model blends fee-based services with capital-intensive ownership. Revenue streams include (i) third-party development services from site acquisition through occupancy for commercial projects; (ii) construction management for healthcare, retail, and automotive clients including Johns Hopkins, LifeBridge Health, Northwest Hospital, Chesapeake Urology Associates, CBS Radio, Bill Kidd's Toyota/Volvo, Starbucks, Walgreens, and The Fresh Market; (iii) property management covering more than 3 million square feet across building maintenance, lease administration, budget preparation, and financial management, run on Prism/Building Engines work-order software; and (iv) leasing executed through a hand-in-hand partnership with Blue & Obrecht Realty, supported by in-house legal counsel (VP & General Counsel Joseph Schaller) for expedited lease negotiation. Pricing is quote-based and not publicly disclosed.

Operations are led by Chairman Thomas F. Obrecht, Principal George Obrecht, and President & CEO Bryan Eberle, with a CFO, VP of Finance, VP of Property Management, Director of Development, and a sizable construction/property-management field organization. No institutional capital, funding rounds, or AI/ML capability are present in the disclosures; the firm's strategic posture is regional stability with measured expansion—exemplified by a 2019 multifamily joint venture with Obrecht-Riehl Properties (Highland Gardens Apartments) and a forward-looking retail development in Rehoboth Beach, Delaware (Ocean Park, scheduled Q4 2027 delivery).

Name

Obrecht Properties

Legal name

Obrecht Properties, LLC

Website

https://obrechtproperties.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Obrecht Properties is a privately held, family-owned commercial real estate firm in Timonium, Maryland, providing integrated development, construction, property management, and leasing services for commercial properties across the Baltimore Metropolitan area.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate Property Managers (53131), Lessors of Real Estate (5311)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Operative Builders (1531)

akta.pro primary industry

Office Real Estate Asset Management (BPAJAMAG)

Keywords

• Commercial real estate development
• Construction management services
• Property management services
• Commercial leasing services
• Warehouse and retail development

Headquarters

HQ city

Lutherville Timonium

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Others

Revenue model

1. Development Services: Full-service development from site acquisition through occupancy for commercial projects including industrial warehouse parks, luxury office buildings, retail centers, and residential infrastructure.
2. Construction Management: Construction management services for third-party clients and own portfolio. Services include additions/expansions, bidding, budgeting, design coordination, exterior modifications, new building development, permitting, project development, project management, scheduling, site work, tenant improvements, and value engineering.
3. Property Management: Management portfolio of more than 3 million square feet. Services include building maintenance, full service management, budget preparation, lease administration, financial management, and maintenance supervision.
4. Leasing Services: Leasing services for commercial properties with comprehensive package including marketing services, customized proposals, cost estimates for improvements, and lease negotiation services through Blue & Obrecht Realty partnership.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Obrecht Properties is a full-service commercial real estate firm that develops, builds, manages, and leases commercial properties in the Baltimore Metropolitan area. The company has built more than 20 million square feet of office, warehouse, and retail space and currently manages a portfolio of more than 3 million square feet, delivering integrated development, construction, property management, and leasing services.

Product overview

Obrecht Properties is a full-service commercial real estate development, construction, and property management company operating in the Baltimore Metropolitan area since 1865. The company offers four integrated core services: Development Services (site acquisition through occupancy), Construction Services (with over 20 million square feet built), Property Management (managing over 3 million square feet), and Leasing Services (via partnership with Blue & Obrecht Realty). The company maintains a diverse portfolio of commercial properties including retail centers (Quarry Lake at Greenspring, Sparks Village, Ocean Park), office buildings (Deer Park Center, Lennings Lane, Quarry Lake Office buildings), and industrial warehouses (William Paca Industrial Park, Crown Business Center, Highland Marine Terminal, 6709 Pulaski).

Differentiator

Problem solved

Functional benefit

Products and services

• Development Services Comprehensive development services for commercial projects from site acquisition through occupancy, including planning, zoning, permitting, design management, budgeting, construction management, and tenant fit-out. Served enterprise clients in the Baltimore Metropolitan area with single-source responsibility from concept through completion.
• Construction Services Construction management services for commercial office, warehouse, and retail space, including new building development, additions and expansions, tenant improvements, interior build-outs, design coordination, permitting, scheduling, site work, value engineering, bidding, and budgeting. Company has built over 20 million square feet throughout Maryland.
• Property Management Full-service property management for commercial properties across a portfolio of more than 3 million square feet, including building maintenance, full-service management, budget preparation, lease administration, financial management, and maintenance supervision. Served property owners and tenants in Maryland.
• Leasing Services Commercial property leasing services delivered in partnership with Blue & Obrecht Realty, providing a strategic marketing plan for commercial properties, market research to identify prospective tenant requirements, customized proposals, cost estimates for improvements, and lease negotiation services. Served enterprise tenants in the Baltimore Metropolitan area.
• Quarry Lake at Greenspring Mixed-use retail center at 2510-2638 Quarry Lake Drive, Baltimore, MD 21209, featuring 111,000 SF of retail and restaurant space anchored by Starbucks, The Fresh Market, Walgreens, and BB&T, located within a gated luxury home community.
• William Paca Industrial Park 150,000 SF warehouse/distribution center at 1304 Continental Drive, Abingdon, MD 21009, with expansive loading and trailer storage areas, located in an Enterprise Zone with easy access to I-95 in Harford County.
• Deer Park Center 56,000 SF Class A office building at 9475 Deereco Road, Timonium, MD 21093 (also serving as the corporate headquarters), situated near I-83 and I-695 with an upgraded energy-efficient HVAC system and Building Automation Systems.
• Sparks Village Retail center at 10 Fila Way, Sparks, MD 21152, with amenities including Serpico Restaurant, Dunkin Donuts, Sparks Dry Cleaner, First National Bank, Dover Saddlery, and wellness services.
• Ocean Park Premier new retail development in Rehoboth Beach, Delaware, with two retail buildings totaling approximately 44,400 SF scheduled for Q4 2027 delivery.
• Highland Marine Terminal Over 800,000 SF of port-related warehousing at 1655-1681 S Highland Avenue, Baltimore, MD 21224, located adjacent to private breakbulk terminals with 24-hour security, an onsite truck scale, and foreign trade zone status; Maryland's first brownfield project.
• Crown Business Center 324,000 SF industrial property at 1200 S Newkirk Street, Baltimore, MD 21224, near I-95 and I-895 convenient to the Port of Baltimore, located in FTZ #74 and an Enterprise Zone with CSX rail access and fenced parking.
• Quarry Lake Office One, Two, Three and Four Four Class A office buildings at 2650-2850 Quarry Lake Drive, Baltimore, MD 21209, totaling 250,000 SF of corporate and medical office space overlooking Quarry Lake, with on-site amenities including retail, food, banking, and fitness.
• Northwest Hospital Professional Center Office building in Randallstown, MD with ample surface parking and well-landscaped grounds near Northwest Hospital.

Quantifiable outcome

• Built more than 20 million square feet of commercial office, warehouse and retail space throughout Maryland.
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Windsor ElectriccoreStrategic or Co-development Partner · 15 November 2024Obrecht Properties partnered with Windsor Electric on the Radcliffe Jewelers project, which earned the prestigious Diamond Award (highest level, representing a perfect score) at the 2024 ABC Greater Baltimore Excellence in Construction Awards.
• JF Fitness of North America, LLC (Crunch Fitness)minorChannel Partner/ Reseller/ Distributor · 21 September 2020Obrecht Properties is overseeing construction of Crunch Select Timonium facility at former Office Depot space on York Road. JF Fitness operates the Crunch Fitness franchise location. Landlord represented by Susan Riehl and Jack Riehl with Obrecht-Riehl Properties.
• Obrecht-Riehl PropertiescoreStrategic or Co-development Partner · 27 February 2019Joint venture partner for acquisition of Highland Gardens Apartments, a 43-unit multifamily community in Lansdowne area of Baltimore County. Freddie Mac financing arranged by Kevin Tehan and Brett Parker of Columbia National Real Estate Finance.
• Blue & Obrecht RealtycoreStrategic or Co-development PartnerObrecht Properties works hand-in-hand with Blue & Obrecht Realty, implementing a strategic marketing plan for its commercial properties. Extensive market research allows identification of prospective tenant requirements. Blue & Obrecht provides marketing services, customized proposals, and lease negotiation services as part of this comprehensive partnership.
• Alborn & AssociatesminorChannel Partner/ Reseller/ DistributorBill Alborn and Jim Frack of Alborn & Associates represented both the buyer and seller in the Highland Gardens Apartments acquisition transaction.
• Sparks Management LLCminorImplementation/ SI/ Consulting PartnerSparks Management LLC, an affiliate of Obrecht-Riehl Properties, manages the Highland Gardens Apartments property following the joint venture acquisition.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Cordish Companies: Baltimore-headquartered real estate developer with mixed-use, office, retail, and entertainment projects plus long-tenured third-party client work — comparable full-service CRE model and Baltimore base, though with a larger national footprint.
• Greenberg Gibbons Commercial: Maryland-focused retail and mixed-use developer and manager with an integrated development, leasing, and property management platform — directly comparable in product mix (retail-anchored) and mid-Atlantic regional focus.
• Corporate Office Properties Trust (COPT): Maryland-based REIT focused on office properties serving government and defense tenants — comparable Baltimore regional concentration and office property expertise, though structured as a public REIT rather than an integrated developer.
• St. John Properties: Maryland-based, family-owned full-service commercial real estate developer offering development, construction, leasing, and property management across office, retail, and flex/industrial product lines in the Baltimore-Washington region — directly comparable to Obrecht's integrated model and geographic footprint.
• MRP Industrial: Mid-Atlantic industrial real estate developer and manager with a development, leasing, and property-management platform across logistics and warehouse product — closely comparable to Obrecht's industrial warehousing focus (e.g., Highland Marine Terminal, Crown Business Center).

Regional players

• Mackenzie Commercial Real Estate: Baltimore-area full-service commercial real estate firm offering brokerage, property management, and consulting across office, retail, and industrial — comparable regional footprint and overlapping service lines (management and leasing) to Obrecht.
• Chesapeake Real Estate Group: Mid-Atlantic commercial real estate investment and management firm focused on industrial, office, and retail properties — comparable regional focus and property-management orientation to Obrecht.
• Scheer Partners: Washington DC / Maryland / Virginia commercial real estate firm providing tenant and landlord representation, property management, and development advisory — comparable mid-Atlantic regional presence and commercial property services mix.
• KLNB Retail: Mid-Atlantic retail-focused commercial real estate services firm with brokerage, property management, and landlord representation across DC, Maryland, and Virginia — comparable regional retail property management orientation to Obrecht's retail centers such as Quarry Lake and Sparks Village.

Broad incumbents

• Liberty Property Trust (now part of Prologis): Large national industrial REIT historically active in the mid-Atlantic — competes with Obrecht for industrial development tenants and capital in the same Baltimore-area logistics corridor near Port of Baltimore and I-95.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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• Instagraminstagram.com/obrechtproperties/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Obrecht Properties