Steinemann & Company
Steinemann & Company is a privately held Jacksonville, Florida-based commercial real estate developer and lessor (founded circa 1979) operating the 996-acre World Commerce Center DRI, San Pablo Place, and Sutton Place Class A office, serving enterprise retailers, healthcare systems, and professional tenants across Northeast Florida.
- Company typePrivate
- Founded1980
- HeadquartersJacksonville, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Steinemann & Company does
Steinemann & Company is a privately held, family-owned full-service commercial real estate development firm headquartered in Jacksonville, Florida, founded circa 1979-1980. The company develops, leases, and manages commercial, industrial, residential, and mixed-use properties primarily across Northeast Florida, with stated operating presence in Florida and Georgia. Its portfolio centers on three named assets: World Commerce Center — a 996-acre, fully entitled Development of Regional Impact (DRI) at the intersection of Interstate 95 and International Golf Parkway in St. Augustine, FL, with approvals for residential, office, medical, retail, warehouse, and hotel development; San Pablo Place — an approximately 16-acre upscale mixed-use development in Jacksonville one block from Mayo Clinic with Intracoastal Waterway views; and Sutton Place at Windsor Parke — a Class A suburban office development off JTB and Hodges Blvd with on-site property management.
The firm's business model is asset-driven and transaction/lease-based: revenue is generated through land sales to residential developers, anchor-tenant placement and long-term ground/retail leases at World Commerce Center, Class A office leasing at Sutton Place, and ancillary property management services. Pricing is not publicly disclosed; prospective tenants and land buyers are directed to call or email for availability and quotes. Steinemann operates with no technology product layer — its "product" is its entitled land, its built developments, and its Class A office inventory. Go-to-market is direct enterprise field sales to large-format retailers (Walmart, Costco, Home Depot, Bass Pro Shops, Buc-ee's, Publix, Marriott, Ring Power), healthcare systems (AdventHealth), and mid-market professional services tenants at Sutton Place (Meritage Homes, Jet HomeLoans, Maury Donnelly & Parr).
The firm is run by a lean leadership group — CEO Frank C. Steinemann Jr. ("Duke"), President Michael Cills, and Property Manager Mary Heath — supported by a headcount of 1-10 employees overall. There is no disclosed institutional investor, parent company, funding round, or M&A activity; the business is self-funded and family-controlled. Operations are concentrated at the Jacksonville HQ, with strategic emphasis on high-growth St. Johns County and the broader Northeast Florida submarket, where population and traffic growth continue to drive anchor-tenant demand for new retail, healthcare, and logistics real estate.
Steinemann & Company firmographics
Firmographics- Name
- Steinemann & Company
- Legal name
- Steinemann & Company Real Estate
- Website
- https://steinemannco.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Steinemann & Company is a privately held Jacksonville, Florida-based commercial real estate developer and lessor (founded circa 1979) operating the 996-acre World Commerce Center DRI, San Pablo Place, and Sutton Place Class A office, serving enterprise retailers, healthcare systems, and professional tenants across Northeast Florida.
- Ownership category
- akta.pro rank
Steinemann & Company industry classification
Industry- Product category
- Commercial Real Estate Development
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industry
- Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)
Keywords
Where Steinemann & Company is headquartered
LocationHeadquarters
- HQ city
- Jacksonville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Steinemann & Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Development and Leasing: Full-service real estate firm generating revenue through commercial land development, office leasing, and mixed-use property development. Revenue derived from land sales to developers, commercial tenant leasing, and property management services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Steinemann & Company product offering
Product offeringCore offering
Steinemann & Company is a full-service commercial real estate development firm that develops, leases, and manages commercial, industrial, residential, and mixed-use properties in Northeast Florida and Georgia. The company operates three flagship properties — World Commerce Center (a 996-acre fully entitled DRI), San Pablo Place (a 16-acre upscale mixed-use development), and Sutton Place at Windsor Parke (a Class A suburban office development) — and sells or leases land, office space, retail, medical, and industrial sites directly to businesses and developers.
Product overview
Steinemann & Company is a full-service commercial real estate firm offering a portfolio of distinct development projects across Northeast Florida. The company operates as a unified real estate development and leasing platform featuring three named properties: World Commerce Center (a 996-acre mixed-use DRI development), San Pablo Place (a 16-acre upscale mixed-use development near Mayo Clinic), and Sutton Place at Windsor Parke (Class A office space). These core property offerings are complemented by land development and office leasing services, enabling the company to serve commercial, industrial, residential, and mixed-use project needs from concept through completion.
Differentiator
Problem solved
Functional benefit
Brands
- World Commerce Center: A 996-acre fully entitled DRI (Development of Regional Impact) located at I-95 & International Golf Parkway in St. Augustine, FL, with approvals for residential, office, medical, retail, warehouse and hotel developments.
- San Pablo Place
- Sutton Place at Windsor Parke
Products and services
- World Commerce Center
Companies that use Steinemann & Company
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
Steinemann & Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Steinemann & Company partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship, core and minor.
- The Home DepotflagshipThe Home Depot is scheduled to open a 136,228 sq ft store at World Commerce Center in April 2025. This will be its third St. Johns County retail store, including a 28,118 sq ft garden center, 8,885 sq ft seasonal sales area, and tool/equipment rental center.
- AdventHealthflagshipAdventHealth acquired 21.5 acres to develop an 88-bed hospital, off-site emergency department, helicopter landing site, and medical offices at World Commerce Center. An off-site emergency department will open in St. Johns County in 2026.
- Bass Pro ShopsflagshipBass Pro Shops opened its new 100,000+ sq ft Outdoor World store at World Commerce Center in November 2024. This is the 13th Bass Pro Shops location in Florida, specializing in hunting, fishing, camping and outdoor recreation merchandise. The mega store showcases boats, ATVs and side-by-side vehicles.
- WalmartflagshipWalmart Supercenter will include a 180,364 sq ft store with eight outparcels on a 52.6-acre site along International Golf Parkway. This will be the third Walmart Supercenter in St. Johns County, approximately 13 miles from the nearest existing store.
- CostcoflagshipCostco opened a 152,000 sq ft wholesale store at World Commerce Center, bringing 150 jobs to the St. Johns County community and consumer cost savings through partnerships with local vendors.
- Buc-ee'sflagshipBuc-ee's opened its first Florida location at World Commerce Center - a 52,600 sq ft store open 24 hours with 104 gas pumps. The Texas-based chain is renowned for clean bathrooms, extensive food/drinks, and merchandise selection.
- PublixcorePublix, the leading quality food retailer, has a premier location at World Commerce Center as part of the retail mix.
- Ring PowercoreRing Power is North & Central Florida's Cat equipment dealer and one of St. Johns County's largest employers, selling heavy machinery and construction equipment to contractors along the Eastern seaboard.
- Marriott HotelscoreMarriott Hotels' 155-bed Residence Inn is located on 2.64 acres of San Pablo Place, providing hotel accommodations adjacent to the mixed-use development near Mayo Clinic.
- Meritage HomescoreMeritage Homes selected Sutton Place for new Jacksonville office as part of their expansion announcement to Jacksonville, Florida.
- Jet HomeLoansminorJet HomeLoans, a wholly owned subsidiary of Dream Finders Homes, leases space at Sutton Place. The Florida-based HUD/FHA/VA/USDA approved independent mortgage banker is licensed in 13 states.
- Maury Donnelly & Parr (MDP)minorProfessional insurance agency Maury Donnelly & Parr (MDP) secured a lease at Sutton Place for their new Jacksonville office location.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Steinemann & Company competitors and assessment
Company assessmentDirect peers
- Regency Centers Corporation: Florida-headquartered grocery-anchored shopping center REIT that leases to Publix, Walmart, and similar tenants. Comparable business model of leasing retail space to national anchors at high-traffic Florida intersections.
- Five Point Holdings: Master-planned community developer with significant Florida exposure (including the former St. Johns County communities). Comparable in monetizing large entitled Florida land banks through residential and commercial development.
- Howard Hughes Holdings: Master-planned community developer with large-scale entitled land positions and commercial mixed-use components, including the 996-acre World Commerce Center-adjacent demographic profile. Comparable in monetizing long-cycle entitled land via anchor tenant placement and land sales.
- The St. Joe Company: Florida-focused publicly traded real estate development company operating master-planned communities and commercial developments in Northwest and North Florida. Most direct regional peer to Steinemann's Northeast Florida commercial and mixed-use development model.
- Forestar Group: Residential lot developer majority-owned by D.R. Horton that monetizes entitled land to homebuilders. Comparable in the residential land sale segment of Steinemann's business, particularly land sales at World Commerce Center to builders like Meritage.
Broad incumbents
- CBRE Group: Largest global commercial real estate services firm, active in Northeast Florida office leasing and industrial development services. Comparable in providing CRE leasing, sales, and development advisory across asset classes Steinemann operates in.
- Newmark Group: Commercial real estate advisory and investment sales firm with Florida leasing and capital markets practices. Comparable as a full-service CRE firm arranging leasing transactions and sales for commercial property, though operating as agent rather than principal.
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment firm with capital markets, leasing, and development advisory across Florida. Comparable as a full-service CRE firm that arranges leasing and sales of commercial property, though at much larger scale and via brokerage rather than principal development.
Regional players
- Meritage Homes: National homebuilder with significant Florida operations and existing tenant relationship with Steinemann (new Jacksonville office at Sutton Place). Comparable in targeting Northeast Florida residential land for development.
- Dream Finders Homes: Jacksonville-headquartered homebuilder with strong Northeast Florida presence and a parent-subsidiary relationship with Jet HomeLoans — listed in Steinemann's tenant roster. Comparable customer base and geographic overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Steinemann & Company social profiles
Digital presenceSteinemann & Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Steinemann & Company leadership team
Management profileNumber of profiles
Profiles3 records
Steinemann & Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Steinemann & Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Steinemann & Company
What does Steinemann & Company do?
Steinemann & Company is a full-service commercial real estate development firm that develops, leases, and manages commercial, industrial, residential, and mixed-use properties in Northeast Florida and Georgia. The company operates three flagship properties — World Commerce Center (a 996-acre fully entitled DRI), San Pablo Place (a 16-acre upscale mixed-use development), and Sutton Place at Windsor Parke (a Class A suburban office development) — and sells or leases land, office space, retail, medical, and industrial sites directly to businesses and developers.
Is Steinemann & Company a public or private company?
Steinemann & Company is a private company. It is classified as family owned and is currently operating.
When was Steinemann & Company founded?
Steinemann & Company was founded in 1980. It employs 1 to 10 people.
Where is Steinemann & Company based?
Steinemann & Company is headquartered in Jacksonville, United States, in the North America region.
How does Steinemann & Company make money?
One revenue line is on record: real Estate Development and Leasing.
Who are Steinemann & Company's main competitors?
Direct peers on record are Regency Centers Corporation, Five Point Holdings, Howard Hughes Holdings, The St. Joe Company and Forestar Group. Broad incumbents are CBRE Group, Newmark Group and JLL (Jones Lang LaSalle). Regional players are Meritage Homes and Dream Finders Homes.
Does Steinemann & Company have an API?
No public API is recorded for Steinemann & Company.
What industry is Steinemann & Company in?
Steinemann & Company's product category is Commercial Real Estate Development. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJACAB, Manufacturing & Heavy Industrial Facilities Brokerage. Its SIC code is 6552.