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Preferred Development logo

Preferred Development

Atlanta, GA 2–10 employees 4 principals

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Last updated 2d ago

About Preferred Development

Preferred Development is a real estate operator headquartered in Atlanta, GA. Preferred Development operates in Chicago, Illinois, Indianapolis, Indiana and South Bend-Mishawaka, Indiana - Michigan. Its investment focus is on Golf Courses, Standalone Retail and Suburban Office.

Preferred Development is a Chicago-based commercial real estate development and consulting firm established in 1993, accumulating 33 years in operation. The company operates with a lean team of 2 to 10 employees and has completed over $600 million in investment-grade real estate projects. Additionally, it has successfully sold more than $1 billion in net-leased properties to 1031 Exchange clients and trust officers. The firm specializes in single-tenant retail properties, government-leased facilities, and mixed-use urban real estate developments. Notable milestones include developing 46 freestanding Walgreens stores across Illinois, Indiana, Michigan, Ohio, and Arizona. Furthermore, Preferred Development has executed build-to-suit projects for federal agencies such as the DEA, DHS, and FBI, alongside state organizations including the Department of Child Services and the Department of Family Resources.

Principals at Preferred Development

Principal details are a Pro feature

4 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Preferred Development

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Preferred Development's project portfolio

3 projects on file · Commercial (general) (1), Retail (1), Uncategorized (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Preferred Development operates in

  • Chicago, Illinois
  • Indianapolis, Indiana
  • South Bend-Mishawaka, Indiana - Michigan

Investment themes at Preferred Development

  • Golf Courses
  • Standalone Retail
  • Suburban Office

Capabilities

  • Brokerage
  • Construction Management
  • Custom Homes
  • High-Rise
  • Mixed Use
  • Private Equity
  • Site Development

Operators similar to Preferred Development

  • Essential Growth Properties
    Mid-market tierSouth Bend-Mishawaka, Indiana - MichiganIndianapolis, Indiana+1 more marketStandalone Retail
  • Echo Real Estate Capital
    Mid-market tierChicago, IllinoisIndianapolis, IndianaSuburban OfficeStandalone Retail
  • Elcan and Associates
    Mid-market tierChicago, IllinoisSouth Bend-Mishawaka, Indiana - Michigan+1 more marketStandalone Retail
  • Kensington Development Group, Inc.
    Mid-market tierChicago, IllinoisSouth Bend-Mishawaka, Indiana - MichiganStandalone Retail
  • Becovic Management Group
    Mid-market tierIndianapolis, IndianaSuburban OfficeStandalone Retail
  • Gershman Partners
    Mid-market tierIndianapolis, IndianaSuburban OfficeStandalone Retail
  • Saxon Partners
    Mid-market tierChicago, IllinoisSouth Bend-Mishawaka, Indiana - MichiganStandalone Retail
  • Ocean Block Capital
    Mid-market tierChicago, IllinoisIndianapolis, IndianaStandalone Retail
  • R2 Capital Partners Inc
    Mid-market tierSouth Bend-Mishawaka, Indiana - MichiganSuburban OfficeStandalone Retail
  • Archway Equities
    Mid-market tierChicago, IllinoisSuburban OfficeStandalone Retail

Frequently asked questions about Preferred Development

What does Preferred Development do?
Preferred Development is a Chicago-based commercial real estate development and consulting firm established in 1993, accumulating 33 years in operation.
Where is Preferred Development based?
Preferred Development is headquartered in Atlanta, GA.
What markets does Preferred Development operate in?
Preferred Development is active in Chicago, Illinois, Indianapolis, Indiana, and South Bend-Mishawaka, Indiana - Michigan.
How many employees does Preferred Development have?
Preferred Development has 2–10 employees.
Preferred Development cover image

Preferred Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
3
Principals
4

Contact Preferred Development

2450 Cobb Pkwy SE, Atlanta, GA 30339, USA
preferreddevelopment.com