John Schoditsch brings over 20 years of commercial real estate experience to Kensington Development Partners. Prior to his development career he was a First Vice 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 a partner 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 reputation within 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 and maintain 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, Chase Bank, PNC Bank, Portillo’s, Art Van, Goodyear, Walgreens, CVS, McDonald's, Raising Cane’s, Aldi, Noodles and Co. and Panera.
Chad Jones is a CPA and had previously been the Chief Financial Officer of Bradford Real Estate for over 10 years while working in the finance and real estate industries for 20 years. Jones will procure and maintain all joint venture, banking, and investor relationships for the Company. He has extensive experience with municipal incentive agreements, 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. Following school, he went to work for one of the largest CPA firms in the country, RSM McGladrey, focusing on construction and real estate. Jones eventually ended up with Bradford Real Estate in 2005 as the Controller and quickly rose to Chief Financial Officer in 2007 where he held that position for the last 10 years before starting Kensington.
Jay 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 led Kensington and previously Bradford Real Estate as they have persevered through multiple economic cycles, remaining at the forefront of retail trends and leading to completion numerous multi-faceted, groundbreaking developments totaling more than 10 million square feet. Eck coordinates development projects from conception through completion, negotiating purchase agreements with land sellers and leases with the tenants. Eck’s vast experience and creative approach to understanding and solving the complexities that often arise in the development process were a driving force behind his success over the years.
Dan Rea, Director of Development Services, has worked within the construction industry for 20 years. Prior to joining Kensington Development Partners, he served as a Project Executive for a leading General Contractor in the Chicagoland area and is known in the industry for delivering quality projects on time and within budget. Dan’s prior project accomplishments include 52 completed developments totaling over 1,450,000 SF and $400 million in construction contracts. Dan is responsible for the construction, project coordination and design & development operations for Kensington Development Partners.
Jared joined the Kensington team as a Development Manager in the Fall of 2019. Jared’s responsibilities and experience include leasing, lease negotiation, contract negotiation, deal procurement, financial modeling, and sourcing/analyzing acquisition opportunities. Jared earned his degree in Economics from Wake Forest University and holds an active real estate license in the State of Illinois. After graduating from Wake Forest, Jared worked as an Office Investment Sales Analyst for HFF, before moving into the development business with Bradford Real Estate in 2018.
Stacy Higdon joined the Kensington team as Operations and Marketing Manager in July of 2019. She is responsible for the creation of marketing materials, social media posts, presentations, research, and daily office operations. Stacy has over 20 years of retail commercial real estate experience assisting top professionals in the representation of national retail tenants throughout the Midwest. Her experience included managing a brokerage office, preparing committee packages, assembling GIS aerials, anchor/trade-area studies, completing market research, and running demographics for such retailers as Art Van, Petco, JoAnn Stores, and Kohl’s. Stacy understands the demands of real estate development, leasing and management, and excels at ensuring tenant and client satisfaction.