Insights

Strong Retail Ties Preferred Development has established long-standing relationships with major national retailers such as Walgreens, Starbucks, Chase Bank, and Five Guys. This positions the company as a preferred partner for retail expansion projects across the Midwest, indicating ample opportunities for suppliers or service providers targeting retail real estate.

Comprehensive Development Expertise With an in-house team covering site selection, planning, construction management, leasing, and marketing, Preferred Development is well-positioned to undertake end-to-end development projects. Vendors and contractors offering integrated services might find collaborative opportunities for streamlining project delivery.

Regional Market Focus Operating primarily in the Midwest and having a history of federal and state project involvement, the company has deep regional market experience. This makes it a strategic partner for organizations seeking to expand or collaborate on development projects within that geographic area.

Financial Capacity With revenues estimated between $10 million and $25 million, Preferred Development holds a substantial financial footprint suitable for larger development deals or joint ventures, presenting opportunities for financial and institutional partners interested in real estate investments.

Technology Adoption The company's use of modern web technologies such as WordPress, PHP, and Google Fonts API indicates openness to digital engagement and innovative solutions. Technology vendors specializing in digital project management or marketing could offer solutions to enhance their development processes.

Preferred Development Tech Stack

Preferred Development uses 8 technology products and services including WordPress, MySQL, Google Fonts API, and more. Explore Preferred Development's tech stack below.

WordPress

Content Management System

MySQL

Database

Google Fonts API

Font Scripts

FancyBox

Javascript Libraries

PHP

Programming Languages

InMotion Hosting

Web Hosting

Twenty Thirteen

Web Platform Extensions

Gravity Forms

Web Platform Extensions

Preferred Development Email Formats	Example	Percentage
First@preferreddevelopment.com	John@preferreddevelopment.com	100%

Preferred Development Email Formats

Example

Percentage

First@preferreddevelopment.com

John@preferreddevelopment.com

100%

Frequently Asked Questions

Where is Preferred Development's headquarters located?

Preferred Development's main headquarters is located at 141 West Jackson Suite 3540 Chicago, Illinois 60604 United States. The company has employees across 2 continents, including North AmericaAfrica.

What is Preferred Development's phone number?

You can contact Preferred Development's main corporate office by phone at

+1-312-327-****

. For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Preferred Development's official website and social media links?

Preferred Development's official website is preferreddevelopment.com and has social profiles on LinkedIn.

What is Preferred Development's NAICS code?

Preferred Development's NAICS code is 531 - Real Estate.

How many employees does Preferred Development have currently?

As of May 2026, Preferred Development has approximately employees across 2 continents, including North AmericaAfrica. Key team members include . Explore Preferred Development's employee directory with LeadIQ.

What industry does Preferred Development belong to?

Preferred Development operates in the Real Estate industry.

What technology does Preferred Development use?

Preferred Development's tech stack includes WordPressMySQLGoogle Fonts APIFancyBoxPHPInMotion HostingTwenty ThirteenGravity Forms.

What is Preferred Development's email format?

Preferred Development's email format typically follows the pattern of First@preferreddevelopment.com. Find more Preferred Development email formats with LeadIQ.

Preferred Development

Q: How many employees does Preferred Development have currently?

Preferred Development has approximately 10 employees.

Q: What technology does Preferred Development use?

Preferred Development's tech stack includes RSS, InMotion Hosting, Google Fonts API, Twenty Thirteen, FancyBox.

Q: What is Preferred Development's NAICS code?

Preferred Development's NAICS code is 531 (Real Estate).

Real EstateIllinois, United States2-10 Employees

Preferred Development is a Chicago-based commercial real estate development and management company.

Formed in 1993 in order to pursue single tenant retail development opportunities, the company is now one of the most aggressive developers and owners of properties in the Midwest.

Since its inception, Preferred has been a tenant-driven organization working with some of the nation's most respected retailers including Starbuck's, Bank of America, Jiffy Lube, Sherwin Williams, Chase Bank, Morgan Stanley, Five Guys Burgers, Aldi and Walgreens.  In fact, since the mid-1990s, Preferred has assisted Walgreens Company in their expansion throughout the Midwest and Arizona. 
In addition, Preferred has been involved in a variety of state and federal projects with the Bureau of Motor Vehicles, Department of Child Services, Department of Family Resources and the US Department of Agriculture to name a few.

With a seasoned in-house site selection, planning, construction management, leasing, marketing and brokerage staff, Preferred covers all aspects of the development process and meticulously monitors progress to ensure that projects are delivered on time and on budget.

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