Enter new markets or
fill gaps in market coverage?
Identify sites; develop seven properties as preferred developer. From due diligence to build-out, make our work transparent to the client.
Execute a multi-year
business plan?
Serve as preferred developer for 15 facilities over a 10-year period. Managed every step from site selection through post-opening support.
Acquire and redevelop a property?
A dilapidated property provided the best location. We gutted and renovated the building and met a critical deadline.
63rd and Calumet, Chicago
Reposition an asset?
Create successful strategies to reposition and add value to assets, including fully-leasing the space capitalizing certain assets.
Develop a public-private partnership?
Work with the City to acquire land and develop a grocery-anchored shopping center.
79th and Halsted, Chicago
Reduce capital
and operating costs?
Our process gave clients the greatest chance to make the right decision. Plus, a larger footprint meant the client could own its space and lease the rest.
Find qualified, short-term development staff?
Identify sites, serve as owner’s rep to develop and open a new location. The bank didn’t have to hire a development team to meet its expansion goals.
The Executives
Bob Qualkinbush and Steve Qualkinbush are experienced developers, landlords and investors in commercial real estate. All projects completed by Q2 follow a refined and vigorous process that delivers the best locations at the lowest cost.
Steve has more than 30 years experience adding value to properties for clients and for his own account. He has initiated and managed development projects totaling more than $500,000,000. The projects range from capital costs exceeding $100,000,000 to less than $1,000,000. But no matter how many commas the budget holds, every project follows a tried and true essential process allowing for innovation and new ideas. Steve believes the value of a project is created very early in the process. He worked in government, consulted with cities and towns, was employed for nine years with Homart Development Co., a large development company, and for himself since 1993.
Steve graduated from Northwestern University’s Kellogg School with a Masters in Management, has a Masters in Landscape Architecture from University of Illinois and a Bachelors from Purdue University
Bob shares this philosophy with Steve: short cuts in development process and project management come at great peril to value. Bob is an experienced project manager and has a successful track record evidenced by the development of the Nobel Learning Community Pre-schools, West Suburban Bank projects and The PrivateBank facility. He solved unique problems related to bank owned properties, and manages the daily activities and value creation in the family portfolio of properties. He also worked in commercial appraisal and is a licensed broker. Bob graduated from DePaul University and is enrolled in the University of Notre Dame Mendoza College of Business.