Dollinger Properties is a privately held, family-owned commercial real estate firm headquartered in Redwood City, California. The company traces its origins to 1946 when Mel Dollinger began as a residential builder. Over the decades, the firm evolved through successive generations, with Michael Dollinger steering the business toward industrial development in the 1960s and David B. Dollinger expanding into retail in the late 1980s. Today, Dollinger Properties is recognized as the largest landlord of multi-tenant space in Silicon Valley.
The company operates with a vertically integrated model, managing development, construction, leasing, and property management in-house. Its investment strategy centers on long-term ownership, treating real estate assets as annuities rather than short-term projects.
Dollinger’s portfolio is concentrated in R&D/industrial flex, retail, and select life sciences assets. The firm’s top markets include Silicon Valley, San Diego, and the East Bay, with significant exposure in Santa Clara County and San Jose. Tenant concentration is notable, with major national and international tenants such as Amazon, Samsung, Toyota, Starbucks, Bank of America, and Synopsys. Retail anchors include Trader Joe’s, Sprouts Farmers Market, CVS, and ULTA. These tenants contribute a substantial portion of net effective rent, reinforcing the firm’s stable cash flow profile.
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