Schmier & Feurring Properties

What Schmier & Feurring Properties does

Schmier & Feurring Properties, Inc. is a privately held commercial real estate development and property management firm founded in 1981 by Robert J. Schmier and Douglas R. Feurring, headquartered at 2200 Butts Road in Boca Raton, Florida. The firm develops, owns, and manages retail, office, industrial, and residential real estate across Florida and Michigan, and since 2014 has expanded into the multifamily sector, acquiring and managing over 7,400 apartment units across 10 states. Over its 40+ year history, the company has developed more than 3 million square feet of real estate and built a portfolio valued at over $700 million, anchored by flagship projects including University Commons and Wellington Green Commons in Florida, and Gateway Center in West Bloomfield, Michigan.

The business operates across three revenue streams: real estate development (one-time sale or long-term lease of completed projects), property and asset management (recurring fees for owned and third-party properties), and multifamily acquisitions (managed rental income from a 7,400+ unit portfolio). Its tenant roster includes national brands such as Whole Foods, Publix, Barnes & Noble, Walgreens, Nordstrom Rack, Home Depot, PF Chang's, Office Depot, Fidelity Investments, Starbucks, TJ Maxx, Verizon, T-Mobile, FedEx, Michaels, and Chipotle. The company uses a sales-led, relationship-driven go-to-market model, with no public pricing and project-based quoting via its website.

The firm maintains a small core team (reported 1-10 employees, with five named executives: a President/Co-Founder, a CEO/Co-Founder, an Executive Vice President, a Controller, and an Executive Assistant) and partners with best-in-class third-party operators to manage its multi-family portfolio. There is no evidence of proprietary technology, software products, AI/ML capabilities, or external funding; the company is privately held, founder-controlled, and pursues a long-term hold strategy across real estate cycles.

Name

Schmier & Feurring Properties

Legal name

Schmier & Feurring Properties, Inc.

Website

https://sfrealty.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

Schmier & Feurring Properties is a privately held Boca Raton-based commercial real estate developer founded in 1981 that builds and manages retail, office, industrial, and multifamily properties across Florida, Michigan, and 10 additional states.

Ownership category

akta.pro rank

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: The company develops retail, office, industrial, and residential real estate properties for sale or lease. Revenue is generated through property sales, leasing activities, and long-term asset ownership.
2. Property Management: Ongoing property management and asset management services for owned properties and third-party clients, providing recurring revenue streams.
3. Multi-Family Acquisitions: Since entering the multifamily sector in 2014, the company has expanded its portfolio to over 7,400 units across 10 states through acquisition and value-add improvements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Schmier & Feurring Properties is a commercial real estate development and management firm that develops, owns, leases, and manages retail, office, industrial, and multi-family residential properties. The firm has developed over 3 million square feet of real estate in Florida and Michigan, expanded its multi-family portfolio to more than 7,400 units across 10 states, and provides ongoing property and asset management for owned assets and third-party clients.

Product overview

Schmier & Feurring Properties is a commercial real estate development firm offering a diversified portfolio of property development and management services. The company operates across multiple property sectors including retail spaces, industrial complexes, multi-family residential, office developments, healthcare centers, educational facilities, sports venues, transportation hubs, and infrastructure projects. The firm provides complementary services including design architectural, property management, sustainable building practices, renovations and upgrades, and specialized project consulting. Major projects include Wellington Green Commons and University Commons (retail), Gateway Center (Michigan), and Boca Corporate Center (office), among others. Since entering the multifamily sector in 2014, the company has expanded to over 7,400 units across 10 states. The firm maintains operations in south Florida and Michigan markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Property Development Development, ownership, and management of retail shopping centers, lifestyle centers, and mixed-use retail complexes in Florida and Michigan, delivered for national and regional retail tenants such as Whole Foods, Publix, Barnes & Noble, Walgreens, Nordstrom Rack, Home Depot, PF Chang's, Office Depot, Starbucks, TJ Maxx, and Chipotle.
• Office Property Development Development and management of office buildings, corporate centers, and office parks in Florida and Michigan markets for corporate tenants including Fidelity Investments.
• Industrial Property Development Development and management of industrial warehouse and distribution facilities for tenants such as FedEx.
• Multi-Family Acquisitions and Development Acquisition, ownership, and value-add improvement of workforce, Class B, and luxury apartment communities across 10 states, in partnership with best-in-class third-party operators and property management teams.
• Property and Asset Management Services Ongoing property management, asset management, accounting, financial reporting, and maintenance services for owned properties and third-party clients.
• Specialized Project Consulting
• University Commons
• Wellington Green Commons
• Towne Plaza
• Gateway Center
• Boca Corporate Center

Quantifiable outcome

• 3M+ square feet of retail, office, industrial and residential real estate developed
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Best-in-Class OperatorscoreStrategic or Co-development PartnerThe company partners with best-in-class operators and property management teams to acquire and enhance multi-family apartment communities, leveraging external expertise for portfolio operations

Scale indicators5 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Regency Centers Corporation: Regency Centers is a national grocery-anchored shopping center REIT. Directly comparable to S&F's retail development activity with Whole Foods and Publix as anchors, though at vastly greater scale as a public REIT.
• Kimco Realty: Kimco is one of the largest publicly traded retail REITs in North America. Comparable to S&F's retail leasing and development activities, including exposure to similar national tenant rosters.
• Federal Realty Investment Trust: Federal Realty is a public REIT focused on open-air retail and mixed-use properties. Comparable in retail leasing profile and tenant mix (Whole Foods, Barnes & Noble-type anchors) though at national scale.
• Phillips Edison & Company: Phillips Edison is a public net-lease REIT focused on grocery-anchored shopping centers. Comparable to S&F's retail development with grocery anchors like Publix.
• Mid-America Apartment Communities: MAA is a large public multifamily REIT operating across the Southeast and Mid-Atlantic. Comparable to S&F's multi-family acquisition platform, though at vastly greater scale.
• Equity Residential: Equity Residential is a large public apartment REIT. Comparable on the multi-family ownership side of S&F's business, particularly workforce and luxury Class A assets.

Direct peers

• Benderson Development Company: Benderson is a private commercial real estate developer focused on retail and mixed-use properties across Florida and the East Coast. Closely comparable to S&F in operating model, retail focus, geography, and private ownership.
• Sterling Organization: Sterling Organization is a private Florida-based retail real estate investment and development firm. Directly comparable given private ownership, Florida concentration, and value-add retail strategy.
• Woolbright Development: Woolbright is a private Florida-based retail developer and investor. Closely comparable as a private, retail-focused Florida developer with a long operating history and similar tenant profile.
• RAM Realty Services: RAM Realty is a private Florida-focused real estate developer and investor active in retail, multifamily, and mixed-use. Comparable to S&F in scale, geography, private ownership, and diversified multi-sector strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Schmier & Feurring Properties