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12-21-2020-WS
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12-21-2020-WS
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700 COMMERCE DRIVE, SUITE 130, OAK BROOK, IL 60523 630.402.6065WWW.KENSINGTONDEV.COMJay Eck, Principal at Kensington Development Partners, has built an enviable reputation as a leader in retail development in the Midwest over the last 30 years. He has persevered throughmultiple economic cycles, remaining at the forefront of retail trends and leading to completion numerous multi-faceted, groundbreaking developments totaling more than 10 millionsquare feet. Eck coordinates development projects from conception through completion, negotiating purchase agreements with land sellers and leases with the tenants. Eck’s vastexperience and creative approach to understanding and solving the complexities that often arise in the development process were a driving force behind his development success over theyears. His creative approachandextensive experience will help thedevelopmentteam understandand solve the complexities thatwill arise from theproject.Chad Jones,Principal at Kensington Development Partners, is a CPA and had previously been the Chief Financial Officer of Bradford Real Estate for over 10 years while working in thefinance and real estate industries for 20 years. Jones procures all joint venture, banking, and investor relationships for Kensington. He has extensive experience with municipal incentiveagreements, lease negotiation, entitlements, property management and contract negotiation. Jones has a Bachelor’s degree in Accounting and a Master’s Degree in Real Estate Law.Jones will runall financialmodels andsecure all requiredfinancingfor the developmentandwill be the main point of contact for any incentiveagreements with the Village.John Schoditsch,Principal at Kensington Development Partners, brings over 20 years of commercial real estate experience to the Company. Prior to his development career he was a FirstVice President at CB Richard Ellis, and in his last year of brokerage was named 2004 Retail Broker of the Year Finalist. After a successful tenure at CB Richard Ellis, Schoditsch became apartner at Bradford Real Estate and partnered with Eck to procure the majority of Bradford Real Estate’s development deals over the last 13 years. Schoditsch has an exceptional reputationwithin the brokerage and retail community and has used his many years of experience to cultivate those strong relationships with brokers, retailers and municipalities to help procure andmaintain a vital development pipeline. He has a vast amount of experience in site selection, deal procurement, contract and lease negotiation, and entitlements. Over the last 20 years,Schoditsch has worked with the majority of expanding retailers that have entered the Chicagoland area, including, Mariano’s, LA Fitness, Kohl’s, Cooper’s Hawk, Flix Brewhouse, Starbucks,Chase Bank, PNC Bank, Portillo’s, Art Van, Goodyear, Walgreens, CVS, McDonald’s, Raising Cane’s, Aldi, Noodles and Co. and Panera. Schoditsch will use his development and marketingexpertise to secure the properend users for thedevelopment.Experience and QualificationsOf Individual Team Personnel3
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