What Continental Development does

Continental Development Corporation is a privately held, vertically integrated real estate development and property management firm founded in 1959 by Charles Lundquist and currently led by CEO Richard Lundquist. Headquartered in El Segundo, California, the company owns and operates more than 45 properties — predominantly Class A office, medical office, retail, hospitality, and sports facilities — across the Southern California South Bay corridor (El Segundo, Manhattan Beach, Torrance, Marina del Rey, Los Angeles) plus the LEED EBOM Gold-certified InterContinental San Francisco. The portfolio includes landmark assets such as The Plaza at Continental Park (508,690 SF), The Atrium (288,000 SF), Skypark Medical & Office Center (~500,000 SF on 30 acres), Madrona Business Campus (211,000 SF), Del Rey Campus (162,031 SF), the 145,000 SF Los Angeles Chargers Training Facility, and the open-air Plaza El Segundo shopping center.

The company generates revenue almost entirely through recurring rental income from more than 500 office, medical, retail, and hospitality tenants, with disclosed Class A office pricing in the $4.40–$4.75/SF/FSG range on a multi-year lease basis. GTM motion is direct-lease driven, supplemented by broker relationships and an in-house leasing team. Tenant mix is enterprise-grade and diversified across industries — healthcare (Kaiser Permanente, Torrance Memorial), professional services (Deloitte), consumer products (Mattel), gaming and sports (Electronic Arts, World Surf League, LA Chargers), industrial (Deere & Company), and EV (Fisker Inc.).

Continental operates its own development, leasing, property management, and community engagement functions under one roof. Recent activity shows active capital recycling — a $42M divestiture of the Bay Club El Segundo campus to Bay Club Company (June 2026), an $80M Goldman Sachs refinance of Del Rey Campus (April 2026), and the launch of new pipelines including Beach Cities Media Campus and Impact El Segundo — alongside 2025 retail amenitization (CinemaWest Beach Cities, Erewhon at 1700 Rosecrans). Ownership remains within the Lundquist family with no disclosed institutional backing or public listing.

Name

Continental Development

Legal name

Continental Development Corporation

Website

https://continentaldevelopment.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

Continental Development Corporation is a private, family-owned real estate development and property management firm founded in 1959, owning 45+ Class A office, medical, retail, hospitality, and sports properties across Southern California — serving 500+ enterprise and SMB tenants including Kaiser Permanente, Deloitte, Mattel, and the LA Chargers.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Other Real Estate Property (53119), Rental and Leasing Services (532)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Sports & Recreation Facility Construction (Stadiums, Arenas, Community Centers) (IMAFACAI)

Keywords

• Commercial real estate
• Office leasing
• Property development
• Medical office buildings
• Retail property management

Headquarters

HQ city

El Segundo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Commercial Property Leasing: Continental Development Corporation generates revenue through leasing office, medical, and retail spaces across its portfolio of over 500 tenants.

Pricing tiers

Distribution channels2 records

Marketing channels3 records

Core offering

Continental Development Corporation develops, owns, and manages a diversified portfolio of Class A commercial real estate across California, including office towers, medical office campuses, retail centers, hospitality properties, and mixed-use developments. The company leases space to corporate, healthcare, retail, and sports tenants across more than 45 properties, with a tenant base exceeding 500 office, medical, and retail occupants.

Product overview

Continental Development Corporation operates a diversified real estate portfolio across California, offering Class A office spaces, medical facilities, retail centers, hospitality properties, and mixed-use developments. The core portfolio includes Continental Park in El Segundo featuring office towers (The Plaza, The Atrium, The Terrace), commercial properties in Manhattan Beach and Torrance, medical office buildings, and the InterContinental San Francisco hotel. The company also develops new projects including the Beach Cities Media Campus and Impact El Segundo build-to-suit opportunities. Properties serve diverse tenants including corporate offices (Deloitte, Mattel, Kaiser Permanente), healthcare providers, retail tenants, and sports facilities (Los Angeles Chargers).

Differentiator

Problem solved

Functional benefit

Products and services

• The Plaza at Continental Park Class A office facility with three linked towers encircling a half-acre central open-air courtyard, offering 508,690 square feet of office space with on-site amenities including a gym and dining options, targeted at corporate tenants in Continental Park.
• The Atrium Two L-shaped, five-story buildings with 288,000 square feet of Class A office space at Continental Park, featuring on-site gym and amenities, targeted at corporate office tenants.
• The Terrace Class A multi-tenant office building with 196,000 square feet across two interconnected towers providing growth flexibility, located at Continental Park.
• Los Angeles Chargers Training Facility and Team Headquarters 14-acre state-of-the-art facility with 145,000 square foot complex including three natural-grass fields, player lockers, team meeting rooms, outdoor lap pool, strength & conditioning areas, and 3,100 square-foot media center, purpose-built for a professional sports franchise.
• InterContinental San Francisco LEED EBOM GOLD certified 32-story hotel with 554 rooms including 14 suites, over 43,000 square feet of event space, directly adjacent to Moscone West Convention Center.
• Skypark Medical and Office Center Half-million square feet of low-rise buildings on a 30-acre campus offering highest quality office and medical space in Torrance with extensive waterways and lush landscaping, leased to healthcare providers and office tenants.
• Del Rey Campus Three two-story buildings offering 162,031 square feet of workspace with flexible open floor plans in the Silicon Beach tech corridor, including a 600-vehicle parking garage.
• 2041 Rosecrans 76,000 square foot three-story multi-tenant office and retail facility with ground floor retailers including Nomad Eatery, Orangetheory Fitness, and Sola Salon Studios, also serving as Continental's corporate headquarters location.
• 1888 Rosecrans 78,289 square foot Craig Elwood design-inspired three-story building with modernist exposed structure, floor-to-ceiling glazing, and subterranean parking, renovated in 2015.
• Plaza El Segundo Open-air coastal shopping destination with over 30 shops and restaurants including Whole Foods Market, HomeGoods, DICK'S Sporting Goods, and Anthropologie.
• Beach Cities Media Campus New development: 6.39-acre site planned for a 220,600 square foot creative office building and 90,000 square foot studio and production facilities, featuring a double-height lobby and rooftop deck.
• Impact El Segundo New development build-to-suit opportunity up to 600,000 RSF in a campus park setting with flexible entitlements, private tenant decks, column-free floor plates, and an on-site Metro Green Line stop.
• Torrance Memorial Specialty Center Three-story, 65,000-square-foot outpatient and clinical medical office building fully leased to Torrance Memorial Medical Center.
• Madrona Business Campus 211,000 square foot office complex with four buildings surrounding an interior courtyard, home to Kaiser Permanente and Deere & Company.

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered major and minor.

• Bay Club CompanymajorStrategic or Co-development Partner · 9 June 2026Bay Club Company completed $42 million acquisition of 2250 Park Place (5.4-acre Bay Club El Segundo campus) from Continental Development Corporation in June 2026. The transaction gives Bay Club full ownership of buildings and underlying land, strengthening their Los Angeles campus spanning five locations with 25,000+ members.
• Henning LarsenminorStrategic or Co-development Partner · 3 May 2026Henning Larsen completed design work on Northern Lights, a 14-story, 46-residence residential tower in Taipei, Taiwan developed by Continental Development Corporation. Design maximizes natural daylight with full-length balconies and pale natural stone materials.
• Los Angeles ChargersmajorStrategic or Co-development Partner · 1 November 2021Continental Development designed and built the Los Angeles Chargers Training Facility and Team Headquarters - a 145,000 SF, 14-acre complex designed by Gensler Sports. The facility includes three natural grass fields, player lockers, team meeting rooms, outdoor lap pool, strength & conditioning areas, 3,100 SF media center, eSports studios, and rooftop hospitality.
• Urban Land InstituteminorOthersActive membership and leadership participation in Urban Land Institute for industry best practices and community development.
• International Council of Shopping CentersminorOthersActive membership in ICSC for retail real estate industry networking and best practices.
• Building Owners & Managers Association of Greater Los AngelesminorOthersActive membership in BOMA Greater LA for office building management and industry advocacy.
• El Segundo Chamber of CommerceminorOthersActive leadership and participation in El Segundo Chamber of Commerce and related economic development organizations.
• LAX Coastal Chamber of CommerceminorOthersActive membership in LAX Coastal Chamber of Commerce for business community engagement.
• Manhattan Beach Chamber of CommerceminorOthersActive membership and leadership in Manhattan Beach Chamber of Commerce.
• National Society for Real Estate FinanceminorOthersActive membership in NSREEF for real estate finance industry professional development.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Kilroy Realty Corporation: West Coast-focused Class A office landlord with a deep portfolio along the California I-405 corridor and San Francisco; directly comparable to Continental's South Bay/Silicon Beach office strategy, tenant profile, and infill concentration.
• Douglas Emmett, Inc. Owner and operator of Class A office and multifamily properties in coastal Los Angeles and Honolulu; comparable to Continental in Westside/South Bay office ownership with a similar tenant mix of professional services and entertainment firms.
• Hudson Pacific Properties: Los Angeles-headquartered office and studio owner with significant Silicon Beach and Bay Area exposure; the Beach Cities Media Campus development directly mirrors Hudson Pacific's studio/creative-office strategy for tech and entertainment tenants.
• Shorenstein Properties: Privately held San Francisco-based investor in Class A office and mixed-use properties across the West Coast; comparable to Continental as a private, family/closely-held operator focused on premier urban infill office assets.
• Barker Pacific Group: Private Los Angeles real estate investment firm specializing in Class A office in coastal California submarkets; comparable ownership profile and tenant mix to Continental, with similar exposure to the South Bay and Westside markets.
• Regent Properties: Private Los Angeles-based commercial real estate investment and development firm focused on office and mixed-use in California and select gateway markets; comparable private operator profile and tenant-oriented development approach to Continental.

Broad incumbents

• Brookfield Property Group: Global real estate owner/operator with a major U.S. office platform spanning coastal markets including Los Angeles and San Francisco; broader in scale and geography than Continental but overlapping on Class A coastal office and mixed-use.
• Boston Properties (BXP): Publicly traded REIT focused on Class A office in select coastal markets including Los Angeles and the San Francisco Bay Area; broader and more institutional than Continental but directly comparable on prime coastal office ownership.

Emerging players

• Healthcare Realty Trust: Publicly traded medical office building REIT with a national footprint; comparable to Continental's Skypark, Madrona, and Torrance Memorial MOB strategy though at much greater scale and with an institutional capital structure.
• Hackman Capital Partners: Private industrial and creative-office investor with significant Southern California activity, including studio acquisitions; comparable to Continental's El Segundo/Silicon Beach creative office and media-campus focus at a smaller, more specialized scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/continental-development-corporation-l-p-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Continental Development