Preferred Development Employee Directory
Real EstateIllinois, United States2-10 Employees
Preferred Development is a Chicago-based commercial real estate development and management firm. Founded in 1993 to pursue single-tenant retail opportunities, the company has grown into a Midwest-focused developer and owner. It has worked with a range of prominent tenants, including Starbuck's, Bank of America, Jiffy Lube, Sherwin Williams, Chase Bank, Morgan Stanley, Five Guys Burgers, Aldi, and Walgreens. It has engaged in state and federal projects with agencies such as the Bureau of Motor Vehicles, the Department of Child Services, the Department of Family Resources, and the US Department of Agriculture. Its in-house team handles the full development process—from site selection and planning to construction management, leasing, marketing, and brokerage—monitoring progress to deliver projects on time and on budget.