DMP Properties
Real EstateCalifornia, United States11-50 Employees
DMP Properties is a private, family-owned commercial real estate investment and property management company based in Newport Beach, California. Founded in 1983, it has built a portfolio exceeding one million square feet, focused on neighborhood and community shopping centers across California. The company also owns office buildings, mixed-use properties, and several fee land parcels, and it manages assets only for its own entities with direct day-to-day involvement. Tenant retention is central to its operations, pursued through hands-on management, responsive service, well-maintained properties, and in-house asset oversight supported by professional vendors. The tenant mix includes major national retailers and financial institutions, such as Ralphs Grocery, ALDI, Best Buy, CVS Pharmacy, Rite Aid, Starbucks, Planet Fitness, AutoZone, and Chase Bank, among others. The firm is actively pursuing acquisitions of Class A retail assets in Southern California or coastal Western markets, prioritizing anchored multi-tenant or single-tenant properties offered at below-replacement-cost pricing and below-market rents, with potential upside within a decade through improved management, leasing, or development.