Kensington Development Partners
Oak Brook, IL 11–50 employees 14 principals
Last updated
About Kensington Development Partners
Kensington Development Partners is a real estate operator headquartered in Oak Brook, IL. Kensington Development Partners operates in Boulder, Colorado, Chicago, Illinois and Denver, Colorado. Its investment focus is on Hospitality, Multifamily - Ground-up and Placemaking.
**Kensington Development Partners** is an Oak Brook, Illinois-based commercial real estate development firm founded in 2017. Operating with 9 years of company history under Principal and Managing Director Jay Eck alongside co-founding Principals John Schoditsch and Chad Jones (CFO), the enterprise maintains a secondary office in Denver, Colorado. The boutique team operates with 2 to 10 employees. The firm specializes in the site selection, acquisition, entitlement, ground-up development, and repositioning of retail and mixed-use commercial real estate. Its operational strategy focuses on grocery-anchored shopping centers, multi-family mixed-use developments, and single-tenant build-to-suit projects. The company operates a strategic joint venture partnership with UK-based IM Properties, combining Kensington’s development capabilities with institutional capital resources. The organization executes development and investment projects across target submarkets nationwide, with an active presence in the Midwest and Mountain West regions. Throughout their collective track record, the firm's leadership has completed over 100 projects representing more than 10 million square feet of space valued in excess of $2 billion—a portfolio featuring 110 single-tenant build-to-suit projects and 40 grocery-anchored commercial centers.