“Preferred Development is a Chicago-based commercial
real estate development and consulting company.”
Preferred Development was originally formed in 1993 to pursue single tenant turn-key retail development opportunity and is now one of the most aggressive developers and owners of retail properties across the Midwest.
Since it's inception, Preferred has been a tenant-driven organization working with some of America's most respected retailers, including, Starbucks, LaSalle Bank (now Bank of America), Jiffy Lube, Sherwin Williams, Blockbuster Video, Applebee's, Aldi, BP and Walgreens. In fact, since the mid-1990s, Preferred has assisted Walgreens Company in their expansion throughout the Midwest and Arizona; most of which required difficult assemblages involving multiple property owners, environmental issues, changes in zoning status and management of general contractors. To date, Preferred has completed development projects totaling more than $400,000,000 of investment-grade real estate. In addition to this, Preferred has sold over $1 billion worth of net leased properties to both 1031 Exchange clients and trust officers.
We encourage you to learn more about how Preferred Development can identify ideal retail sites, provide ground-up development, and lease retail space in some of the most desirable markets in the Midwest.
Completed Developments: See completed developments
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Commercial
Preferred Development has been associated with free-standing, in-line, and mixed use properties that contain both high-end apartments and office space. We provide a superior level of management and tenant satisfaction due to our philosophy the best occupant is the tenant that you already have.
Completed Projects -
GSA
Over the past several years, Evan Oliff has played a national role as principle, general partner,advisor and broker to an array of GSA leased assets, including, properties directly occupied by the DEA, DHS, FBI, NARA, ICE among other agencies.
Completed Projects -
Walgreens
Since 1986, Evan has developed over 45 freestanding triple net leased Walgreens throughout the midwest. In addition, he has acted as both consultant and broker for the sale of 82 Walgreens to 1031 Exchange clients, syndicators, individuals, and family offices.
Completed Projects
Recommendations: See all testimonials
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We at T&W have and continue to very much enjoy our working relationship with Evanand Preferred Development. Evan takes a common sense "hands on" approach in his decision making and project involvement, which helps expedite progress.
Dale Riley
T&W Corp
General Contractor -
With his leadership, the company has grown and diversified their portfolio to consistently take advantage of current market opportunities. Today, they are a nimble leader with valuable partners in several real estate developments.
Yvonne A. Jones
McCaffery Interests, Inc.
Vice President -
Evan is a leader in his field, one of the most creative real estate professionals I've worked with in my 30 year career. He's an expert in retail renovation and development of single tenant triple net leased properties. I've truly enjoyed the working relationship we've had over the past 10 years working on deals in the midwest.
Stan Phillips
NAI Harding Dahm?
Executive Vice President
Client Testimonials:
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Jeff Salesman,
Ridgestone Bank, Vice President -
John Schultz,
Mayor Decatur, IN -
Paul Wilson,
Art & Science Hair Studio, Owner