DECA

What DECA does

Deca Companies, LLC is a San Francisco-based real estate investment and development firm founded in 2014 by Managing Partners Dan Sachs and Matt Stern, operating two integrated service lines. The first is a broadly opportunistic Real Estate Development practice applying a "first principles" approach across warehouses, self-storage, data centers, manufacturing, multi-family, retail, hospitality, and brownfield/mixed-use redevelopment. The second is a specialized Fleet Parking + Charging business that delivers turnkey "powered land" — combining land acquisition, zoning/permitting, site development, and utility power coordination — for EV/AV fleet operators. As of late 2025 the firm reports 16 active projects encompassing more than 11.7 million square feet under development and pipeline, with stated total development value exceeding $11.0 billion across the portfolio, and 25+ MW of power available across fleet sites.

The company's core operational capability is process-driven rather than technology-driven: securing rare entitlements and multi-MW utility power capacity in supply-constrained California markets, and redeveloping complex, contaminated, or stranded industrial assets (former refineries, auto-wrecking yards, fire-damaged lots, Class C warehouses) into permitted, productive developments. Fleet sites such as 800 Cesar Chavez (5+ MW for Cruise, described as the "Largest AV Charging and Maintenance Facility in the World"), 140 14th Street (5 MW for Waymo, in partnership with PG&E), 241 Loomis (6.0 MW for EVgo), and school-bus depots at 1650 Davidson and 17022 S Figueroa (Zum, supporting SFUSD and LAUSD) demonstrate the firm's ability to deliver high-capacity power at scale in urban cores. Brownfield/redevelopment projects include the 650-acre Phillips 66 Wilmington (420 acres) and Carson (230 acres) refinery sites, the Perris Gateway 850,000 sq ft industrial complex in the Inland Empire, and the 2270 McKinnon mixed-use/self-storage development in San Francisco.

Deca operates a capital-light, joint-venture-driven business model: partnering with Wildcat Capital Management as equity co-investor (Perris Gateway), and assembling construction debt from repeat lenders Bank OZK, Affinius Capital, Axonic Capital, and broker Talonvest Capital — closing $135M (Sept 2024), $22.9M (Nov 2024), and $45.2M (Nov 2025) in project-level construction financing within 14 months. Revenue is generated through a mix of one-time development fees and project exits (e.g., American Steel acquired 2014/exited 2016, 439 Littlefield commenced 2018/exited 2020), recurring lease income on long-duration fleet parking and charging assets, and equity participation/promote in JVs. The ~14-person team is small but draws institutional backgrounds from Majestic Realty, Bain Capital, Starwood Capital, Blackstone, JPMorgan, Citigroup, BCG, Hines, Latham & Watkins, and KPMG.

Name

DECA

Legal name

Deca Companies, LLC

Website

https://decaco.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Deca Companies is a San Francisco-based real estate investment and development firm founded in 2014, delivering opportunistic mixed-use, industrial, and brownfield projects alongside turnkey multi-MW fleet parking and EV charging sites for enterprise fleet operators in supply-constrained California markets.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Waste Management and Remediation Services (562), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Electric, Gas & Sanitary Services (4900), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL)

akta.pro secondary industry

Corporate REC/GO Procurement & Portfolio Management (Buy-Side) (EUAMAKAG)

Keywords

• Commercial real estate development
• Fleet charging infrastructure
• Industrial real estate
• Brownfield redevelopment
• Powered land sites

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Real estate development & sale: Generate revenue through the development, lease-up, and sale/exit of industrial, office, mixed-use, self-storage, and residential real estate projects. Examples include American Steel (acquired 2014, exited 2016) and 439 Littlefield (commenced 2018, exited 2020). Pipeline of 16 active projects and 17.7M sqft under development.
2. Fleet parking & charging lease income: Recurring rental income from leasing turnkey 'powered land' fleet parking and EV charging facilities to fleet operators and EV infrastructure providers (e.g., Waymo, Cruise, Zum, EVgo). Long-lease fleet assets with 25+ MW of power across portfolio.
3. Investment & asset management fees: Capital partnership-driven revenue from value-add investing, debt investing, and special situations strategies. Earns returns via equity participation in joint ventures (e.g., JV with Wildcat Capital Management on Perris Gateway).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

DECA Companies is a real estate investment and development firm that acquires, entitles, builds, leases, and exits industrial, mixed-use, self-storage, multi-family, retail, and brownfield projects across California. The firm also develops turnkey "powered land" fleet parking and EV charging sites with multi-MW utility power coordination for fleet end-users (Waymo, Cruise, Zum, EVgo) and EV infrastructure developers. Operations span land acquisition, entitlements, site build-out, construction financing, joint venture capital partnerships, and asset management.

Product overview

Deca Companies operates a dual-strategy real estate platform consisting of two core service lines — Real Estate Development and Fleet Parking + Charging — that together comprise a single integrated firm founded in 2014 and headquartered in San Francisco, with over 11.7 million sq ft of projects under development and a total development value exceeding $11.0B (USD). Real Estate Development is the firm's core practice, applying a 'first principles' approach across asset classes including warehouses, data centers, manufacturing, multi-family, self-storage, retail, hospitality, and brownfield/mixed-use redevelopment (showcased in projects such as Wilmington/Five Points Union, Carson Diamond Gateway, Perris Gateway, American Steel, 424 Brannan, Bakersfield Gateway, Antioch Gateway, 60 Station, 2270 McKinnon, and 439 Littlefield). Fleet Parking + Charging is Deca's specialized offering that supplies turn-key 'powered land' for fleet end-users and EV infrastructure developers, with activities spanning land acquisition, entitlements, site development, and utility power coordination; flagship charging/fleet sites include 800 Cesar Chavez, 1650 Davidson, 140 14th Street, 241 Loomis Street, and 17022 S Figueroa. The two service lines share a common Identify → Unlock → Scale process and a deep team of development, acquisitions, finance, and construction professionals led by Managing Partners Dan Sachs and Matt Stern.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Real estate investment and development across asset classes including industrial (warehouses, distribution, manufacturing), data centers, multi-family, self-storage, retail, hospitality, brownfield/mixed-use redevelopment, and neighborhood-scale master plans. Activities span land & infrastructure development, brownfield development, vertical development, value-add investing, debt investing, and special situations, applied to projects of any scale from site-specific interventions to neighborhood-scale master plan developments. Customers include landowners, municipalities, corporates divesting surplus real estate, and capital partners.
• Fleet Parking + Charging Turnkey "powered land" development service delivering entitled, high-power fleet parking and EV/AV charging sites to fleet operators and EV infrastructure developers. Activities include land acquisition, entitlements (zoning, permits), site development (demo, paving, fencing, lighting), and multi-MW utility power coordination. 25+ MW of power available across the portfolio. Serves drayage, box trucks, container storage, EV charging infrastructure, delivery vans, autonomous vehicles, school buses, service vehicles, passenger vehicles, ride share, and municipal vehicles. Named fleet tenants include Waymo, Cruise, Zum, and EVgo.

Quantifiable outcome

• 11.0B+ USD total development value across the portfolio
• +6 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered flagship, major and supporting.

• Phillips 66flagshipStrategic or Co-development PartnerPhillips 66 selected Deca Companies (jointly with Catellus Development Corporation) in October 2024 to redevelop the 230-acre Carson refinery site (Carson Diamond Gateway) and the 420-acre Wilmington refinery (Five Points Union), totaling 650 acres of Los Angeles-area industrial land following announced refinery closure.
• Catellus Development CorporationflagshipStrategic or Co-development PartnerCo-developer with Deca Companies on the Phillips 66 refinery redevelopments in Carson and Wilmington. Jointly hired by Phillips 66 in October 2024 to plan the future use of approximately 650 acres of closing refinery land.
• Wildcat Capital ManagementmajorStrategic or Co-development PartnerJoint venture partner with Deca Companies on the 850,000 sqft Perris Gateway industrial development in Riverside County, CA. The JV secured a $135M construction loan in September 2024.
• WaymomajorStrategic or Co-development PartnerNamed Deca fleet tenant at 140 14th Street in San Francisco, a 5 MW autonomous vehicle hub developed in partnership with PG&E. The site supports Waymo's electric autonomous fleet.
• Cruise (GM Cruise)majorStrategic or Co-development PartnerFleet tenant at 800 Cesar Chavez in San Francisco — described as the 'Largest AV Charging and Maintenance Facility in the World' — supporting Cruise's autonomous electric fleet with over 5 MW of power.
• ZummajorStrategic or Co-development PartnerSchool bus fleet tenant at 1650 Davidson (SFUSD) and 17022 S Figueroa (LAUSD). Deca and Zum are partnering on 4.1 MW and 6 MW power upgrades respectively to electrify the school bus fleets.
• EVgomajorStrategic or Co-development PartnerEV charging tenant at 241 Loomis Street in San Francisco, a 6.0 MW high-capacity charging facility. Deca is developing a formerly vacant parking lot into a fleet EV charging hub.
• FullmersupportingImplementation/ SI/ Consulting PartnerGeneral Contractor for the industrial component of the Perris Gateway project, which broke ground in 2024.
• Extra Space StoragemajorOEM/ Whitelabel/ Licensing PartnerSelf-storage brand operator of the 1,600-unit facility being developed by Deca at 2270 McKinnon Avenue in San Francisco.
• PG&E (Pacific Gas & Electric)supportingOthersUtility partner for the 140 14th Street project in San Francisco. PG&E collaborated with Deca to equip the autonomous vehicle hub with 5 MW of power capacity.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Catellus Development Corporation: Catellus is Deca's named co-developer on the Phillips 66 Wilmington and Carson refinery redevelopments (650 acres). Both firms operate California-focused, brownfield-and-industrial real estate development platforms with deep public-sector and institutional relationships, making Catellus the single most directly comparable peer.
• Bridge Industrial: Bridge Industrial is a California-focused industrial developer where Deca's SVP Heather Crossner previously led entitlements for 5.9M+ sqf of new developments. Bridge competes head-to-head with Deca for scarce infill industrial sites in the Bay Area and LA basin and shares the same institutional-investor LP base.
• Sares Regis Group: Sares Regis is a California-focused mixed-use and industrial developer where Deca's VP Travis Duncan previously led entitlement, design, and construction at Cityline Sunnyvale. It shares Deca's Bay Area focus, mixed-use-to-industrial mix, and institutional capital relationships, making it a closely comparable West Coast peer.
• CIM Group: CIM Group is a California-focused, urban-infill and mixed-use real estate investment and development firm that competes with Deca for underutilized urban sites in San Francisco and Los Angeles. Its emphasis on transit-oriented and adaptive-reuse projects overlaps with Deca's brownfield/refinery-to-mixed-use thesis.
• CapRock Partners: CapRock Partners is a California- and Inland-Empire-focused industrial developer that competes with Deca for large-format logistics sites in supply-constrained Southern California markets, including the same Perris/Riverside corridor where Deca developed Perris Gateway.

Broad incumbents

• Majestic Realty Co. Majestic is one of the largest privately held industrial and mixed-use developers in the western U.S. and the firm where founder Dan Sachs was VP of Development. It competes across the same California industrial and master-planned asset classes as Deca but at substantially greater scale and balance-sheet capacity.
• Prologis: Prologis is the largest industrial REIT globally and an active investor in fleet/EV charging infrastructure through its Prologis Mobility platform. While it operates a national/international portfolio rather than a California-focused one, it is the most consequential incumbent competing for fleet-powered-land demand at scale.
• Trammell Crow Company: Trammell Crow is one of the largest U.S. commercial real estate developers with deep industrial, mixed-use, and life-science practices. It overlaps with Deca in California industrial development and has the capital and entitlement capacity to compete for fleet-charging powered-land mandates nationally.
• Hillwood Development Company: Hillwood is a major industrial and mixed-use developer with West Coast operations that overlap with Deca's industrial and large-format logistics pipelines. As a Ross Perot Jr.-led platform with deep institutional capital access, it is a scaled incumbent competing for similar California infill industrial assets.
• Lincoln Property Company: Lincoln Property Company is a national diversified developer with active California industrial, office, and mixed-use practices. While broader in scope than Deca, it competes for institutional industrial mandates and could partner with or against Deca on large California redevelopment opportunities.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/deca-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds1 record

Investors2 records

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 DECA