Buchanan Partners
Gaithersburg, MD
Founded in 1998
Buchanan Partners LLC (“Buchanan”) is a leading full-service real estate development firm operating in the Washington, D.C. region. Since 1998, Buchanan has made over $1.75 billion in total investments, with over $500 million in equity capital invested with multiple investment partners including pension funds, endowments, and family offices. With a portfolio spanning a broad range of building types, Buchanan is able to move with the market, whether the environment favors residential, office, industrial, or raw land investments. The firm, led by founding partners Brian Benninghoff, Bob Buchanan, Steve Hubert along with partners, Russ Gestl, Theresa Scafate, Kingsley McAdam and Jimmy Roembke, has developed and acquired over 7,500,000 square feet of commercial space.
Buchanan has entitled and developed property on over 2,000 acres of land in Maryland, Virginia, and the District of Columbia. The firm has developed or entitled over 6,000 multi-family and single-family residential units, and current projects underway include the BerkleyNet Center at Innovation Park, Prince William County, Glenmont Metro Center in Glenmont, Maryland, The Landing at Cannon Branch in Manassas, Virginia and Michigan & Irving in Washington, DC.
Buchanan Partners’ predecessor, Buchanan Companies (1978-1998), pioneered developments in the then-emerging markets of Herndon, Ballston, western Alexandria and eastern Loudoun County in Virginia and Frederick County, Maryland. Following in these footsteps, Buchanan Partners has spearheaded commercial and residential development in today’s emerging markets, including southern Loudoun County and western Prince William County in Virginia, and Bowie in Maryland. In these markets, Buchanan has introduced and fostered innovative new generations of commercial buildings such as the LEED Gold Bowie Corporate Center and commercial condominiums, in both flex/industrial and Class A office product types. Buchanan Partners has development experience throughout the Washington Metropolitan Region and is currently active in nine jurisdictions. Buchanan Partners maintains both a strong regional perspective and local community involvement, in addition to the specific project focus that is necessary for a successful real estate development project. This involvement with the region and the community, in addition to the project, has distinguished Buchanan Partners from many of its peers.
Buchanan Partners’ reputation for integrity, innovation and quality continues to attract leading lending institutions and high-caliber equity partners. Buchanan Partners is proud of its’ many long term lending and equity relationships, and to be able to include Elion Partners, Great Point Investors, Kao Investments, Principal Realty Group, The Pinkard Group, Buvermo Investments, Tishman Speyer Properties, Lennar/US Home, Atlantic Realty N.V., Meritage Properties, JP Morgan, and the Stanford University Endowment Fund as partners on multiple Buchanan Partners projects.
Areas of Interest
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