First Development Corporation

DEVELOPER & MANAGER OF OUR OWN PROPERTIES

Welcome

First Development Corporation

Since 1978, we have been developers of specialty and convenience shopping centers throughout Chicagoland for our own portfolio. We invite you to visit each of our current and former shopping center locations on this site. Through our affiliated company, Jasper Realty Corporation, we also provide brokerage, leasing and management services. Please feel free to browse through those parts of our web site of interest to you.

Our mission is to pursue, identify and purchase properties that offer value-added opportunities when developed or re-developed for free standing, single user, specialty or convenience strip retail use. Our primary appetite has always been¬† single story re-development opportunities that are “diamonds in the rough” and in-fill sites for new construction, including gas station sites and other contaminated properties that we have remediated and put back into productive use. We are currently seeking small single tenant net leased retail or industrial properties with a credit rated tenant.

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