Strong Midwest focus Preferred Development is a Chicago-based commercial real estate developer and owner with a track record of aggressive expansion in the Midwest, indicating potential for regional partner growth, cross-sell of development services, and new market opportunities in retail and mixed-use projects.

Tenant-driven expertise Longstanding relationships with national retailers such as Starbucks, Bank of America, Jiffy Lube, Walgreens, and others suggest opportunities to offer site selection, leasing, and development services to similar tenants seeking expansion or multi-site rollouts in the Midwest.

Integrated development team In-house capabilities across site selection, planning, construction management, leasing, marketing and brokerage reduce procurement risk and position Preferred as a one-stop partner for retailers and agencies looking to execute turnkey projects on time and within budget.

Public-private experience Involvement with state and federal projects (Bureau of Motor Vehicles, Department of Child Services, USDA) signals ability to navigate government contracting, permitting, and complex compliance—opening doors for public-sector development or PPP opportunities.

Financial scale cue Revenue range of 10M–25M and a relatively small employee base imply potential partnerships with larger general contractors or investment groups for joint ventures or subcontracting on Midwest retail and commercial developments.