Donahue Schriber

The Company

HISTORY

Today

  • With a focus on necessity-based retailing, the company plans to accelerate its growth in the acquisition and development of neighborhood and community power centers across the Western United States -- leveraging our 45-years of experience in a wide range of retail formats
  • Del Mar Highlands Town Center's $20 million - re-imagining renovation project is successfully completed in September 2011
  • Donahue Schriber completes $1.2 billion recapitalization. The loan refinances a portfolio of 31 of Donahue Schriber Realty Group's assets located in California, Arizona, Oregon and Nevada

A Bold New Direction-2010-1997

  • Thomas L. Schriber Co-founder of Donahue Schriber retires
  • The company expands into the Pacific Northwest with the acquisition of Keizer Station Village located in Keizer, Oregon
  • Thomas Schriber named chairman to succeed the late Daniel Donahue; Patrick Donahue named president and CEO; Lawrence Casey named COO
  • Donahue Schriber moves into new headquarters in order to accommodate company growth
  • Donahue Schriber continues to expand into Nevada and Arizona, developing two neighborhood centers in Las Vegas and a community center in Scottsdale
  • Portfolio growth accelerates with the further development of power and neighborhood centers in Northern California
  • Glendale Galleria is sold, ending the company's ownership of regional malls
  • A $40 million renovation of Glendale Galleria is completed - including The Zone, a cutting-edge, 15,000 sq. ft. retail district within the mall that features a radio station, lounge area and tenants targeted to the Gen-Y market
  • The acquisition of Diversified Shopping Centers 32-center portfolio spanning California, Arizona and Nevada brings the company's total properties to 46, representing 12.5 million square feet
  • Donahue Schriber establishes its own private real estate investment trust (REIT) and was recapitalized with pension fund dollars and a private investor commitment
  • Striking out in a bold new direction, the company shifts its focus to the acquisition and development of neighborhood and community centers

Trendsetting Innovations - 1997-1987

  • Marking the company's largest partnership with an outside investor, Cambridge Shopping Centers purchases 50 percent of Donahue Schriber
  • Del Mar Highlands Town Center, a lifestyle/community center, and two new neighborhood centers are developed in the Southland
  • The company expands into Northern California with the development of a new power center, Santa Rosa Marketplace
  • The Galleria at Tyler (Riverside, California) added a second level, culminating a $120 million makeover
  • In one of the first "de-malling" in the industry, Anaheim Plaza, an enclosed regional mall, is demolished and replaced by a stylish new power center
  • Donahue Schriber completes a three-year, $100 million renovation of Fashion Island in Newport Beach, California - transforming it into one of the Southland's premier regional lifestyle centers
  • The Market Place (formerly known as Tustin Market Place), one of America's first power centers, is developed and opened in Southern California
  • Deal finalized to manage a major portion of the Irvine Company's retail portfolio

A Solid Foundation - 1987-1969

  • Portfolio: 14 centers in California - representing 6 million square feet (GLA)
  • Three neighborhood centers in Orange and San Bernardino counties are developed, an early indicator of Donahue Schriber's future focus
  • The company develops The Esplanade, its first regional mall, in Oxnard, California. The landmark Glendale Galleria, and three other regional malls are developed in Southern California - Montebello Town Center, Central City Mall and Hemet Valley Mall
  • Daniel Donahue and Thomas Schriber join forces to create Donahue Schriber, a company committed to out-of-the-box thinking and innovative retail concepts
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