Douglas Emmett
Douglas Emmett is a publicly traded REIT (NYSE: DEI) owning approximately 18 million square feet of Class A office space and 5,000+ apartment units in premium coastal submarkets of Los Angeles and Honolulu, serving small-to-mid-sized office tenants and luxury residential renters with integrated leasing, construction, and property management services.
- Company typePublic
- Founded1971
- HeadquartersSanta Monica, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Douglas Emmett does
Douglas Emmett, Inc. is a publicly traded real estate investment trust (NYSE: DEI) founded in 1971 and headquartered in Santa Monica, California. The company owns and operates approximately 18 million rentable square feet of Class A office space and over 5,000 apartment units concentrated in supply-constrained coastal submarkets of Los Angeles County and Honolulu. Its office portfolio spans ten premium submarkets including Beverly Hills, Century City, Santa Monica, Westwood, and Downtown Honolulu, where Douglas Emmett controls roughly 40% of Class A office space in target LA submarkets and 22% of Honolulu's Central Business District. The multifamily portfolio operates through a separate platform (douglasemmettapartments.com) and includes trophy assets such as The Landmark Los Angeles (376 units) and Bishop Place (500 units).
The company generates revenue through recurring rental income streams under multi-year office leases and monthly residential leases, distributing substantially all taxable income to shareholders as REIT dividends (current yield ~6.5-7%, $0.76 annualized). Pricing is quote-based and varies by submarket, suite size, and lease duration. Douglas Emmett executes hundreds of office leases annually (896 office leases totaling 3.4 million square feet signed in 2025) with renewal rates above 80%. Supporting the core leasing business is an integrated operating platform comprising in-house leasing teams, DE Builders (design and construction services for tenant buildouts), Development Services (repositioning, conversions, and new construction), and a web-based facility management system for tenant work orders and building alerts. The company is currently testing AI solutions for lease abstracting with full implementation expected by year-end 2026.
Douglas Emmett's go-to-market is relationship-driven direct sales targeting small-to-mid-sized affluent office tenants (professional services, healthcare, technology, entertainment, financial services) and luxury residential tenants. Marketing channels include the corporate website with property search functionality, dedicated apartment platform, investor relations site, SEO-optimized submarket landing pages, and CEO participation in industry conferences such as Citi's Global Property CEO Conference. Notable customers include Industrious (coworking), Mythical Entertainment, Shazam, SRG Companies, Zevia, and Whiting Turner, with the recent Bedford Collection acquisition (April 2026, $260 million) adding 120 medical office tenants to the portfolio.
Douglas Emmett firmographics
Firmographics- Name
- Douglas Emmett
- Legal name
- Douglas Emmett, Inc.
- Website
- https://douglasemmett.com
- Company type
- Public
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Douglas Emmett is a publicly traded REIT (NYSE: DEI) owning approximately 18 million square feet of Class A office space and 5,000+ apartment units in premium coastal submarkets of Los Angeles and Honolulu, serving small-to-mid-sized office tenants and luxury residential renters with integrated leasing, construction, and property management services.
- Ownership category
- akta.pro rank
Douglas Emmett industry classification
Industry- Product category
- Commercial Real Estate (REIT) — Class A Office and Luxury Multifamily
- NAICS
- Lessors of Real Estate (5311), Real Estate Property Managers (53131)
- SIC
- Real Estate Investment Trusts (6798), Real Estate (6500), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Office Tenant Representation (BPAJALAA)
Keywords
Where Douglas Emmett is headquartered
LocationHeadquarters
- HQ city
- Santa Monica
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Douglas Emmett business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Office Space Leasing: Primary revenue stream from leasing Class A office space across approximately 18 million rentable square feet in Los Angeles and Honolulu. Revenue of approximately $1 billion reported for trailing twelve months. The company executes hundreds of office leases annually, with 896 office leases totaling 3.4 million square feet signed in 2025.
- Multifamily Residential Leasing: Revenue from over 5,000 apartment units in Southern California and Honolulu. The multifamily portfolio achieved essentially full occupancy and delivered nearly 5% year-over-year same-property cash NOI growth. Represents approximately 20% of total revenue.
- REIT Dividend Distributions: As a REIT, the company distributes substantially all of its taxable income to shareholders through quarterly dividends. Current dividend yield of approximately 6.5-7%, with quarterly dividend of $0.19 per share ($0.76 annualized).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Class A Office Space - Premium Tier |
| Subscription | Monthly | Luxury Multifamily - Premium Tier |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Douglas Emmett product offering
Product offeringCore offering
Douglas Emmett is a publicly traded REIT that owns, leases, and manages approximately 18 million rentable square feet of Class A office space across nine premier Los Angeles submarkets and Honolulu's Central Business District, plus over 5,000 luxury apartment units in Southern California and Honolulu. The company also provides in-house tenant improvement and construction services through DE Builders, and repositioning/redevelopment capabilities through its Development Services group.
Product overview
Douglas Emmett operates as a diversified real estate investment trust offering two primary product lines: Class A office properties and apartment communities across premium coastal submarkets of Los Angeles and Honolulu. The office portfolio spans approximately 18 million rentable square feet across 10 submarkets including Beverly Hills, Century City, and Santa Monica, while the residential portfolio includes over 5,000 apartment units. Supporting these core offerings, DE Builders provides in-house tenant improvement and construction services, while Development Services handles repositioning, conversions, and new construction projects including office-to-residential conversions like the 10900 Wilshire project. The company also operates several named property sub-brands including Warner Center Towers, Bishop Square, and The Tower, with the recently acquired Bedford Collection expanding their medical office presence in Beverly Hills.
Differentiator
Problem solved
Functional benefit
Products and services
- Class A Office Properties
Quantifiable outcome
- Record leasing activity with over 450,000 square feet of new leasing volume in Q1 2026 and positive absorption of approximately 100,000 square feet for the second consecutive quarter.
- +3 more outcomes
Companies that use Douglas Emmett
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Douglas Emmett technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Douglas Emmett partnerships and signals
Strategic signalScale indicators10 records
Recent moves7 records
Expansion highlights5 records
Douglas Emmett competitors and assessment
Company assessmentDirect peers
- Boston Properties: Preeminent publicly traded Class A office REIT (NYSE: BXP) with premier assets in Boston, New York, San Francisco, and Washington DC. Directly comparable as a publicly traded office REIT focused on high-barrier urban submarkets with institutional tenants.
- Kilroy Realty Corporation: West Coast-focused Class A office REIT (NYSE: KRC) with major exposure to Los Angeles, San Francisco, Seattle, and Austin. Closely comparable given its significant LA portfolio overlap and similar tenant base in tech and creative industries.
- Hudson Pacific Properties: West Coast office and studio REIT (NYSE: HPP) with significant Los Angeles and Pacific Northwest exposure including Sunset Studios. Comparable given overlapping LA submarket presence and similar mix of office and creative production tenants.
- Vornado Realty Trust: NYC-centric Class A office REIT (NYSE: VNO) focused on premier Manhattan office submarkets. Comparable as a publicly traded office REIT specializing in supply-constrained, high-barrier urban submarkets with pricing power dynamics similar to Douglas Emmett's.
- SL Green Realty: Manhattan's largest office landlord (NYSE: SLG) focused on Class A office in supply-constrained Midtown submarkets. Comparable business model of dominating premier submarkets with high barriers to entry and commanding premium rents.
- Cousins Properties: Sunbelt-focused Class A office REIT (NYSE: CUZ) with properties in Atlanta, Austin, Charlotte, Dallas, Nashville, and Tampa. Comparable as a publicly traded office REIT with concentrated submarket dominance strategy.
- Highwoods Properties: Sunbelt office REIT (NYSE: HIW) operating Class A office properties in high-growth markets across the Southeast. Comparable business model as a submarket-focused office REIT with similar tenant mix of professional and business services.
- Essex Property Trust: West Coast multifamily REIT (NYSE: ESS) focused on luxury apartment communities on the California coast and in Seattle. Directly comparable for Douglas Emmett's multifamily segment given geographic overlap in coastal California.
- AvalonBay Communities: National multifamily REIT (NYSE: AVB) operating luxury apartment communities in high-barrier coastal markets including California. Comparable for the multifamily segment with similar luxury positioning and supply-constrained coastal exposure.
- Equity Residential: Major multifamily REIT (NYSE: EQR) focused on urban and high-density suburban apartments in coastal gateway markets including Los Angeles, San Francisco, New York, and Boston. Comparable for the multifamily segment with similar affluent tenant base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Douglas Emmett social profiles
Digital presenceDouglas Emmett financial estimates
Financial estimateRevenue estimate
Valuation estimate
Douglas Emmett leadership team
Management profileNumber of profiles
Profiles7 records
Douglas Emmett subsidiaries and ownership
Company hierarchySubsidiaries2 records
Douglas Emmett funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Douglas Emmett M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Douglas Emmett
What does Douglas Emmett do?
Douglas Emmett is a publicly traded REIT that owns, leases, and manages approximately 18 million rentable square feet of Class A office space across nine premier Los Angeles submarkets and Honolulu's Central Business District, plus over 5,000 luxury apartment units in Southern California and Honolulu. The company also provides in-house tenant improvement and construction services through DE Builders, and repositioning/redevelopment capabilities through its Development Services group.
Is Douglas Emmett a public or private company?
Douglas Emmett is a public company. It is classified as public and is currently operating.
When was Douglas Emmett founded?
Douglas Emmett was founded in 1971. It employs 501 to 1,000 people.
Where is Douglas Emmett based?
Douglas Emmett is headquartered in Santa Monica, United States, in the North America region.
How does Douglas Emmett make money?
Three revenue lines are on record. Office Space Leasing is the primary driver. The others are multifamily Residential Leasing and REIT Dividend Distributions.
Who are Douglas Emmett's main competitors?
Direct peers on record are Boston Properties, Kilroy Realty Corporation, Hudson Pacific Properties, Vornado Realty Trust, SL Green Realty, Cousins Properties, Highwoods Properties, Essex Property Trust, AvalonBay Communities and Equity Residential.
Does Douglas Emmett have an API?
No public API is recorded for Douglas Emmett.
What industry is Douglas Emmett in?
Douglas Emmett's product category is Commercial Real Estate (REIT) — Class A Office and Luxury Multifamily. Its primary akta.pro industry code is BPAJALAA, Office Tenant Representation. Its NAICS code is 5311 and its SIC code is 6798.