Founded in 1974 by Gerald V. Dicker, GVD Commercial Properties is a privately held real estate development, investment, and management company based in Orange, California. The firm specializes in the acquisition, development, redevelopment, and management of shopping centers throughout the western United States. GVD pioneered the development of "power centers" in the 1980s, combining large promotional tenants like Costco, Home Depot, and IKEA with restaurants and smaller retail users. The company was among the first to partner with community redevelopment agencies to revitalize outdated shopping centers and mixed-use projects, including the 95-acre Plaza at Puente Hills and the 40-acre Fullerton Town Center, both in Southern California. Today, GVD owns and operates properties across the United States, including shopping centers, hotels, restaurants, event centers, and industrial developments.