James Persino

Mr. Persino‰Ûªs varied real estate experience started in 1971 and includes multi-family and commercial Development, property Management, leasing, general Brokerage, investment counseling, tenant representation and construction. He is a principal owner in and is personally responsible for the Management and administration of all property in First Development Corporation‰Ûªs portfolio, including, but not limited to, site selection, project conception and all aspects of Development, including negotiating transactions with such clients as New York Life Insurance Company, Moore Business Forms, General American Life Insurance Company, the former White Hen Pantry chain, Baskin-Robbins, Caribou Coffee, Einstein Bros. Bagels, Target, Radio Shack, Great Clips, H & R Block, The Bedding Experts, Payless ShoreSource, and other national & regional chains. Mr. Persino has been an Illinois licensed real estate broker since 1972 and has served as the Chairman of the Lincolnwood Economic Development Commission for over 12 years. He is also a founding member and past president of the Chicagoland Association of Shopping Center Owners (CASCO) and a member of ICSC. He is a member of a number of chambers of commerce and was the Chairman of and instrumental in the creation of Special Service Area (SSA) # 8 in Chicago‰Ûªs Lake View East neighborhood. First Development Corporation is primarily a developer of specialty and convenience retail properties including in-city street-front retail strips kept for their own account. Their expertise includes land assemblage, rezoning sites, negotiating and obtaining entitlements, obtaining Development financing and shepherding the project from concept to completion. They have purchased old gas station sites, cleaned them up and developed retail strips on them, returning the property to productive use. Their expertise includes ground up new construction Development and rehabbing existing buildings. They only deal in value-added opportunities.

Posted July 11, 2016
The Harold E. Eisenberg Foundation
   
540 W. Frontage Rd., Suite 2210   Northfield, IL 60093
   
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