DMP Properties is a family owned and operated commercial real estate investment and property management company based in Newport Beach, CA. Established in 1983, DMP invests on its own account in retail, office, medical office and industrial properties throughout California and select markets in the Western U.S. Taking a long-term, hands-on approach allows DMP to maximize the potential of each property it owns to the benefit of its stakeholders. DMP’s successful track record and financial strength can be attributed to its value-based approach to investing, collaborative property management process and strategic leasing decision making.
Our Portfolio
The DMP Properties portfolio consists of over 1 million square feet of commercial property across nearly 40 properties. DMP’s dynamic retail portfolio consists of multi-tenant and single tenant properties which are home to a number of the nation’s top retailers such as Ralphs Grocery, Target, Sprouts Farmers Market, Best Buy, CVS/pharmacy, Chase Bank, Starbucks, Dunkin’ Donuts and Rite Aid. The Company’s office and medical office properties consist of multi-tenant buildings that are strategically located in some of the best submarkets within Orange County, California. On the industrial side, DMP’s focus has been on acquiring functional single tenant buildings that can serve a variety of uses, from logistics to light manufacturing and automotive service.
Outside Investments
DMP Properties also invests in real estate outside of our managed portfolio and are partners in various property types throughout the nation. In addition we have partnered with leading private equity and venture capital firms in growing our non-real estate portfolio.
Acquisitions
DMP Properties actively seeks to grow our portfolio through well-suited acquisition opportunities. We generally do not rely on outside sources for equity in our deals and acquisitions are handled efficiently without delay. We maintain strong borrowing relationships with local and national banks and insurance companies, formed through years of experience and financial stability.
Currently, DMP Properties is looking to acquire additional properties with the following characteristics:
Strategically located retail, office and industrial properties throughout Southern California or major metropolitan or suburban markets in the Western U.S. Infill and coastal markets are preferred.
Retail: anchored multi-tenant shopping centers and single tenant NNN properties.
Industrial: functional single and multi tenant buildings.
Office: underserved general office and medical office locations.
Below replacement cost pricing.
Below market rents.
Valuation upside within a 10-year period through improved management, leasing or potential development.
About DMP
From the early 1970’s until the early 1980’s Daniel M. Perlmutter was the managing dentist in a large Orange County based dental group. During that time, Dan was investing in real estate throughout Southern California, acquiring a variety of homes, apartments and neighborhood centers. Dan’s passion for real estate investing and his strong desire to be hands on with managing his investments led to his retirement from dentistry and subsequently the founding of DMP Properties in 1983. In the 1980’s and 1990’s through Dan’s foresight and investing acumen, DMP was ahead of the curve in identifying and purchasing some of the most well-located commercial property in Southern California. Today, Dan’s son Mark is the principal force behind the Company’s growth, as he and the DMP team continue to build upon the foundation established by Dan many years ago.
DMP Properties only manages assets owned by its entities and is integrally involved in the day-to-day operations and decision-making taking place at each property. Property management and asset management at DMP is an in-house and is a team effort, involving active participation at all levels from our principals to our property managers and dedicated support staff.
Our Team
DMP Properties is comprised of a team of professionals with diverse backgrounds in real estate, property management and related fields.
Contact Us
Please contact our office to discuss our leasing opportunities, acquisition criteria or to present potential offerings. We look forward to hearing from you. Tenants who wish to make online payments please click the “Tenant Payments” button below. Please note all debit and credit card payments will incur a 3% service fee.