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Sherman Oaks Galleria |
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A Legacy of Excellence
Between 1971 and 1991, Dan Emmett and partners formed three
real estate companies, which collaboratively engaged in the
acquisition, development, redevelopment, operation and
management of high-quality real estate assets within
supply-constrained markets in Los Angeles County. While the
early focus was on multifamily properties, the Company’s
investment focus evolved to include high-quality office
properties and complementary retail space in California and
Honolulu, Hawaii. Since 1993, Douglas
Emmett has acquired a substantial majority of its portfolio
through nine institutional funds.
Today, Douglas Emmett, Inc. owns and operates approximately 13.3
million square feet of Class A office space and approximately
2,868 luxury apartment units in nine highly desirable submarkets
in Los Angeles County, six of which are located in Los Angeles'
Westside - Brentwood, Century City, Santa
Monica, Beverly Hills, the Olympic Corridor, and Westwood
- and three submarkets in the
San Fernando Valley - Sherman Oaks/Encino, Warner Center/Woodland
Hills, and Burbank. The Company's Honolulu office portfolio is
located in the downtown central business district with
multifamily properties in nearby suburban communities.
The Company utilizes the same focused business strategy that was
implemented by its founding principals - managing, developing,
redeveloping and acquiring multifamily and commercial real
estate in high barrier-to-entry submarkets that exhibit strong
economic characteristics such as population and job growth, as
well as inherent supply constraints, such as limited developable
land due to natural and political barriers. The Company strives
to capitalize on the experience of its seasoned management team
to create continued value.
The Company currently has approximately 450 employees and is
headquartered in Santa Monica, California. |
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