What Hunter Properties does

Hunter Properties is a privately held commercial real estate development and property management firm headquartered in Cupertino, California, founded in 1960 as Demmon-Hunter. The company operates across the San Francisco Bay Area with a portfolio of 22 assets totaling approximately 5.5 million square feet and a cumulative development history of more than 9.5 million square feet spanning office, retail, and mixed-use product types. Active flagship projects include Cityline (a 36-acre transit-oriented mixed-use development in Sunnyvale), Coleman Highline (a 1.75 million SF Class A office campus in San Jose), and Gateway Crossings (a mixed-use project in Santa Clara with 1,565 residential units and 152,000 SF of commercial space). Hunter Partners was formally established in 2023 as the development arm, and the firm is opening new projects in Folsom, marking its first geographic expansion beyond the Bay Area.

The company earns revenue through three primary streams: commercial real estate development (development fees, asset repositioning, and ground-up construction), property management services (over 1.3 million SF of third-party commercial space under management), and leasing commissions on both new developments and existing properties. Customer concentration is heavily skewed toward enterprise technology tenants, including Databricks (455,000+ SF), CrowdStrike (150,000 SF), Verizon (650,000 SF), Roku (737,106 SF combined), and ByteDance, with anchor retail tenants such as Whole Foods, Target, Costco, and AMC Theatres. The company accesses large-scale institutional capital through joint ventures, notably the STC Venture with Sares Regis Group and J.P. Morgan Asset Management. Pricing is not publicly disclosed and is negotiated on a per-project basis.

Hunter Properties is family-controlled, with Derek K. Hunter Jr. (Deke) serving as President and a leadership team including a COO and CFO with 25+ year tenures, and Stanford MBA-trained development principals from prior roles at Turner Construction, CBRE, and KPMG. The go-to-market motion is direct enterprise field sales supported by the CBRE brokerage channel for office leasing, with no public API, mobile application, or proprietary technology platform. The active portfolio maintains an average occupancy rate of 98%+, and the firm is a participant in industry associations including ICSC, ULI, NAIOP, and BOMA.

Name

Hunter Properties

Legal name

Hunter Properties, Inc.

Website

https://hunterproperties.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Short description

Hunter Properties is a 60-year-old, privately held Bay Area commercial real estate developer and property manager specializing in office, retail, and mixed-use projects, serving enterprise technology tenants and institutional property owners through direct development, JV partnerships, and fee-based management.

Ownership category

akta.pro rank

Headquarters

HQ city

Cupertino

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Real Estate Development: The company develops commercial properties including office, retail, and mixed-use developments. Revenue is generated through development fees, property sales, and the creation of value through ground-up construction and repositioning of assets.
2. Property Management Services: Hunter Properties manages over 1.3 million square feet of commercial space for individual and institutional owners. Revenue comes from property management fees charged to property owners.
3. Leasing Commissions: The company earns leasing commissions by securing tenants for new developments and existing properties. Strong tenant relationships enable efficient leasing of commercial spaces.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Hunter Properties is a commercial real estate developer and property manager operating in the San Francisco Bay Area. The company develops office, retail, and mixed-use properties through its development arm Hunter Partners, and provides fee-based property management services for over 1.3 million square feet of commercial space. It generates revenue from ground-up construction, asset repositioning, leasing commissions, and ongoing property management fees charged to property owners.

Product overview

Hunter Properties is a 60-year-old commercial real estate development and property management company operating in the San Francisco Bay Area. The company operates through its development arm, Hunter Partners, offering ground-up construction, repositioning of assets, and value-add developments across three product disciplines: office, retail, and mixed-use properties. Hunter Properties manages a portfolio of 22 different assets totaling approximately 5,500,000 square feet, having developed over 9,500,000 square feet throughout its history. The company's property management division handles over 1.3 million square feet of commercial space including Class A offices, R&D facilities, and retail centers. Major projects include Cityline (a 36-acre mixed-use transit-oriented development in Sunnyvale), Coleman Highline (Class A office campus in San Jose), Gateway Crossings (mixed-use in Santa Clara), and various retail centers throughout the Bay Area.

Differentiator

Problem solved

Functional benefit

Products and services

• Cityline A 36-acre transit-oriented mixed-use development in downtown Sunnyvale featuring 1,000,000 sq ft of office space, 555,000 sq ft of retail, and 1,000 residential units. Developed through STC Venture LLC with Sares Regis Group and J.P. Morgan Asset Management, with major office tenants including Databricks (455,000+ SF) and CrowdStrike (150,000 SF).
• Coleman Highline A 1,750,000 sq ft Class A office campus in San Jose with buildings leased to major tenants including Roku (737,106 sq ft combined) and Verizon (650,000 sq ft).
• Gateway Crossings A mixed-use development in Santa Clara featuring 1,565 residential units, 152,000 sq ft of commercial space, and 45,000 sq ft of retail across multiple phases.
• @First A mixed-use development in San Jose with approximately 249,814 SF of planned space across 8 stories, featuring hotel (Hyatt and Marriott), office (Brocade), and retail components.
• 1460 El Camino Real A mixed-use property in Menlo Park featuring 27,000 sq ft of office space (completed 2013) and 16 residential units (completed 2015).
• Almaden Ranch A 350,000 sq ft retail shopping center in San Jose completed in 2017, featuring Bass Pro Shops as an anchor tenant.
• Coleman Landings A 275,000 sq ft retail center in San Jose completed in 2013.
• Evergreen A 315,000 sq ft retail development in San Jose completed in 2024.
• Folsom Retail developments in Folsom including Shops at Folsom Ranch (27,000 SF, complete 2025) and Alder Creek Marketplace (95,000 SF, 2026).
• Sequoia Station A retail development in Redwood City.
• Sunnyvale Retail A multi-tenant grocery-anchored retail center in Sunnyvale spanning 203,000 SF on 11.15 acres.
• Village Oaks A 340,000 sq ft retail center in San Jose completed in 2013.
• Property Management Services Commercial property management services managing over 1.3 million square feet of Class A office, R&D, and retail space throughout the Bay Area, including contract management, tenant relations, rent collection, property accounting, and 24/7 emergency support.
• 1450 Coleman A 36,600 SF single-tenant office building on a 3.73 acre parcel in Santa Clara, acquired in 2006.
• Bollinger A 19,934 SF Trader Joe's-anchored shopping center in San Jose, built in 2008.
• Miller Ave A 13,685 SF multi-tenant office building on a 0.78 acre parcel in Cupertino, acquired in 2008.
• RWC Technology Station A 102,000 sq ft multi-tenant office building in Redwood City completed in 2002.
• Veterans Plaza A 62,500 SF single-tenant office building completed in 2001 in Redwood City.

Quantifiable outcome

• 98%+ average portfolio occupancy rate
• +4 more outcomes

Named customers18 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

Eight partnerships are on record, tiered core and minor.

• Whole Foods MarketcoreChannel Partner/ Reseller/ Distributor · 30 October 2020Anchor retail tenant at Cityline Sunnyvale with 52,000 SF store opened October 2020. Key tenant that helped catalyze the retail component of the 36-acre mixed-use development.
• AMC TheatrescoreChannel Partner/ Reseller/ Distributor · 31 October 201712-screen movie theater lease at Cityline Sunnyvale, occupying 52,000 SF on second floor above Whole Foods Market. Features Dolby Cinema and IMAX upgrades on two screens with full-service bar and reserved seating.
• Sares Regis Group of Northern CaliforniacoreStrategic or Co-development Partner · 1 January 2016Long-term joint venture partner in STC Venture LLC for the Cityline Sunnyvale project (36-acre mixed-use development). Sares Regis serves as the primary residential developer while Hunter Partners is the primary commercial developer. Partnership formed around 2016 to redevelop the former Sunnyvale Town Center.
• CBREcoreChannel Partner/ Reseller/ DistributorPremier commercial real estate brokerage engaged for office leasing at multiple properties including @First, Coleman Highline, and Cityline Sunnyvale. CBRE brokers handle tenant representation and leasing for Hunter Properties' office developments.
• International Council of Shopping Centers (ICSC)minorOthersIndustry association member. Deke Hunter annually participates as an instructor for ULI Urban Plan program.
• Urban Land Institute (ULI)minorOthersIndustry association member. Deke Hunter annually participates as an instructor for the ULI Urban Plan program at San Jose State University and local area high schools.
• NAIOP South BayminorOthersIndustry association for commercial real estate. Derek Hunter (Development Associate) is an active member.
• Self Storage AssociationminorOthersIndustry association. Deke Hunter oversees Bay Area Self Storage as part of company operations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sares Regis Group: Sares Regis Group is a direct peer and active JV partner with Hunter Properties in the STC Venture for Cityline Sunnyvale. Both firms focus on ground-up development, mixed-use, and multifamily projects in Northern California, with comparable project scale and institutional capital relationships.
• CIM Group: CIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer. It shares Hunter Properties' focus on mixed-use, transit-oriented developments in urban infill locations and partners with institutional investors on similar projects.
• Jay Paul Company: Jay Paul Company is a Silicon Valley-focused commercial real estate developer with a portfolio of Class A office campuses in Sunnyvale, San Jose, and South San Francisco. It directly competes with Hunter Properties for tech tenants and similar development opportunities.
• Sobrato Development Companies: Sobrato is a Silicon Valley-focused commercial real estate developer and property manager with a similar Bay Area footprint and mixed-use office/retail development pipeline. Both firms serve enterprise tech tenants and operate family-owned development businesses.

Broad incumbents

• The Irvine Company: The Irvine Company is a major diversified real estate investment and development company with a massive office portfolio in California similar to Hunter Properties' tenant mix. While larger, it competes for Class A office tenants in California and operates transit-oriented mixed-use communities.
• Boston Properties: Boston Properties is a major publicly traded REIT that develops and manages Class A office properties in major U.S. markets. Its Northern California portfolio competes with Hunter Properties for large enterprise tech tenants seeking premium office space.
• Tishman Speyer: Tishman Speyer is a global real estate developer and investor with a significant Bay Area presence. It competes with Hunter Properties for institutional partnerships and large-scale mixed-use development opportunities in California tech markets.
• Hudson Pacific Properties: Hudson Pacific Properties is a publicly traded REIT focused on office and studio properties in Northern California, including the Bay Area. It competes with Hunter Properties for tech tenants and offers similar Class A office and mixed-use product types.
• Kilroy Realty Corporation: Kilroy Realty is a publicly traded REIT specializing in Class A office and mixed-use properties in major West Coast tech markets including the Bay Area. It competes with Hunter Properties for enterprise tech tenants and shares a focus on transit-oriented developments.

Others

• CBRE: CBRE is both a leasing partner for Hunter Properties and a broader commercial real estate services firm. While primarily a brokerage, CBRE's investment properties and property management segments overlap with Hunter's full-service commercial real estate capabilities.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hunter-storm-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Hunter Properties