What Dostart Development Company does

Dostart Development Company, LLC (DDC) is a privately held commercial real estate developer founded in 1995 by Steve Dostart and headquartered at 145 Addison Avenue in Palo Alto, California. Over 25+ years the firm has developed, redeveloped, and invested in nearly 3 million square feet of office space across Silicon Valley and the San Francisco Peninsula, with a portfolio that currently spans approximately 20 properties. DDC's specialization is Transit-Oriented Development (TOD) sited near Caltrain and VTA light rail infrastructure, combined with LEED-certified sustainable design across Silver, Gold, and Platinum tiers; notable assets include the LEED Platinum 601 Marshall Street in Redwood City (2018, fully leased to Goodwin Procter LLP), the LEED designed 3201/3251 Hillview Avenue in Stanford Research Park (Palo Alto's first LEED designed building shell, leased to Goldman Sachs), the LEED Silver/Gold 410-430 N. Mary Avenue complex in Sunnyvale (350,000 SF, 100% leased), and the 220 Park Burlingame joint venture with Sares Regis Group (185,000 SF, 100% leased to tenants including Confluent, Upstart, and SkyKnight Capital).

The firm's business model combines retained-ownership Class A office leasing with episodic development gains. DDC monetizes stabilized assets through long-term commercial leases to enterprise tenants in the technology, legal, financial services, and professional services segments, and partners with institutional co-developers (notably Sares Regis Group on 220 Park) to share capital risk on larger ground-up projects. Go-to-market relies on direct principal relationships supplemented by institutional commercial real estate brokers, with Cushman & Wakefield representing office leasing and Locke House representing retail at 220 Park. Pricing is negotiated per transaction and is not publicly disclosed; the typical deal profile is a multi-year Class A office lease of 26,000-350,000 SF. The company operates with a lean 1-10 person team led by Founder/President Steve Dostart (ex-Goldman Sachs, Trammell Crow Partner) and Partner Mollie K. Ricker (Stanford MBA, ex-Goldman Sachs, Francisco Partners), and is privately capitalized without disclosed external institutional investment.

Name

Dostart Development Company

Legal name

Dostart Development Company, LLC

Website

https://dostart.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Dostart Development Company is a Palo Alto-based private commercial real estate developer specializing in LEED-certified, Transit-Oriented Class A office properties across Silicon Valley and the San Francisco Peninsula, serving technology, legal, and professional services tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Commercial Real Estate Development: DDC develops office and retail properties in Silicon Valley and the San Francisco Peninsula, generating revenue through property sales or retained ownership and leasing to tenants.
2. Property Leasing: Company retains ownership of select properties and generates recurring revenue through commercial leases to technology and professional service tenants.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Dostart Development Company develops, redevelops, and invests in Class A office and mixed-use real estate properties across Silicon Valley and the San Francisco Peninsula. The firm specializes in Transit-Oriented Development and LEED-certified sustainable design, delivering large-scale office projects (often 100,000+ SF) through direct development and joint ventures, with select properties retained for long-term leasing to corporate occupiers.

Product overview

Dostart Development Company is a premier real estate developer with more than 25 years and nearly 3 million square feet of experience developing, redeveloping and investing in office space in Silicon Valley and the San Francisco Peninsula. The company operates as a single integrated offering focused on Transit-Oriented Development and sustainable design, delivering Class A office properties through its portfolio of development projects including 220 Park Road, 601 Marshall Street, 199 First Street, 410-430 N. Mary Avenue, and others. Their projects span from property acquisition and entitlements through construction and leasing, with a focus on LEED-certified sustainable buildings.

Differentiator

Problem solved

Functional benefit

Products and services

• 220 Park Road (Burlingame) A ±185,000 SF, six-story Class A office complex in Burlingame, CA that integrates a rehabilitated historic 1941 post office and offers ±168,000 SF of available office and ±17,000 SF of available retail space. Fully leased to enterprise tenants including Confluent, Upstart, and SkyKnight Capital.
• 601 Marshall Street (Redwood City) A ±136,000 SF Class A+ office building completed in 2018 in Redwood City, CA, LEED Platinum certified and the city's first LEED Platinum office development, with majority tenant Goodwin Procter LLP.
• 199 First Street (Los Altos) An existing ±26,000 SF mixed-use office and retail building in Los Altos, CA, acquired in 2019 by DDC with extensive renovation featuring full-height windows, upgraded common areas, and creative-space floor plates.
• 410-430 N. Mary Avenue (Sunnyvale) Three Class A multi-tenant office buildings totaling approximately 350,000 SF in Sunnyvale, CA, LEED Silver and LEED Gold certified, currently 100% leased.
• 441 Logue Avenue (Mountain View) Approximately 32,000 SF of new commercial office space in Mountain View, CA, developed in 2001 and originally leased to TDK Semiconductor.
• 3201 & 3251 Hillview Avenue (Palo Alto / Stanford Research Park) Two buildings with 150,000 SF of high-image office space in Stanford Research Park, Palo Alto, developed in 2001; Palo Alto's first LEED designed building shell, initially leased entirely to Goldman Sachs.
• 690 E. Middlefield Road (Mountain View) A 184,000 SF three-building R&D campus on 15.6 acres in Mountain View, CA, acquired from Hewlett Packard in 2007, with entitlements received for a new 340,000 SF Class A office campus, LEED Gold pre-certified, leased to Synopsys, Inc.
• 145 Addison Avenue (Palo Alto HQ) A 3,800 SF 1940s building in Palo Alto, CA, acquired in 2007 and extensively renovated by DDC including full seismic and ADA upgrades; LEED Gold certified and serving as DDC's corporate headquarters.

Quantifiable outcome

• 220 Park went from 5% to 100% leased in nine months
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Sares Regis Group of Northern CaliforniacoreStrategic or Co-development Partner · 1 January 2021Joint venture formed in 2019 and closed in 2021 between DDC and Sares Regis Group of Northern California for the 220 Park development in Burlingame. The joint venture transformed a historic 1941 post office into a 185,000 SF office complex, the city's tallest building at six stories.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/100067680944430
• LinkedInlinkedin.com/company/dostart-development-company-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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 Dostart Development Company