Tradition. Values. Teamwork.
Founded on Integrity and Purpose of Mission
Donahue Schriber is a private real estate investment trust (REIT) with a portfolio of high-quality shopping centers in the Western United States. The company has over 50 years of experience in all facets of the shopping center business with a current focus on necessity-based neighborhood, community, and power center formats. We have a skilled team of experts in the fields of development, acquisition, leasing, construction, asset management, and marketing. Donahue Schriber owns and operates 60 shopping centers located throughout California, Oregon, and Washington.
Donahue Schriber was originally established as John S. Griffith & Co. in 1947. John S. Griffith & Co. was a pioneer in shopping center development and created one of Southern California’s first regional malls, which set the stage for the explosive levels of retail growth that followed. Mr. Donahue and Mr. Schriber both started their careers at Coldwell Banker in Newport Beach. In the late 1960s, they joined John S. Griffith & Co. as capital market and leasing specialists which ultimately lead to two decades of development of some of the most recognized shopping centers in Southern California. In 1976, Messrs. Donahue and Schriber acquired John S. Griffith & Co. and in 1981 changed the name to Donahue Schriber.
The ownership was enhanced in 1991 when 50% of Donahue Schriber was purchased by Cambridge Shopping Centres Ltd., a publicly traded Canadian company with a $2.4 billion market capitalization that acquired, developed, and owned regional malls in Canada (today Ivanhoé Cambridge).
In February 1997, Donahue Schriber formed a private real estate investment trust under the banner of Donahue Schriber Realty Group, Inc. (“DSRG”). At formation, the assets of DSRG exceeded $120 million and the development, management, and leasing portfolio (owned and/or managed) exceeded 6.4 million square feet of retail.
On April 30, 1998, the company acquired substantially all of the assets of Diversified Shopping Centers, a California-based neighborhood shopping center development and operating company. The combination of the two operations significantly expanded DSRG’s presence in key western markets.
DSRG currently owns and operates 60 neighborhood, community, and power retail centers, encompassing 11 million square feet and valued at over $3.5 billion. Its shopping centers are anchored by national and regional credit tenants including Target, Albertsons/Safeway, Kroger, Walmart, T.J. Maxx, Lowe’s, Kohl’s, Home Depot, Ross, CVS/pharmacy, Trader Joe’s, and Raley’s.
The success of DSRG’s retail projects has established strong relationships with many retail tenants and the institutional investment community. DSRG’s major investors, JP Morgan Chase Bank’s Strategic Property Fund and the New York State Teachers’ Retirement System recognize the value created by partnering with a development and management team that understands their objectives and generates positive returns on their capital.
130 Employees. 1,700 Tenants.
Over 25,000 People Employed
Throughout Our Centers.
Over 100 Million Customer Visits Per Year.
Our Executive Team
Patrick S. Donahue — Chairman and Chief Executive Officer
Patrick S. Donahue serves as Donahue Schriber’s Chairman and Chief Executive Officer.
Mr. Donahue joined the company in 1979 and has been engaged in nearly all of the 32 million square feet of retail space in which the company has been involved. He has worked in every aspect of the business, including leasing, asset management, development and corporate strategy. Mr. Donahue has been instrumental in fostering key relationships and opportunities that paved the way through the company’s early days in regional mall development and management and parlaying the knowledge and disciplines obtained into becoming a recognized leader in the operation and development of neighborhood, community, and power shopping centers.
Mr. Donahue previously served as Executive Vice President Operations and took on the role of President after the sudden death of his brother, Dan Donahue, in 2002. He added the CEO role when Tom Schriber stepped back from his day-to-day duties in 2005. Mr. Donahue assumed the role of Chairman of the Board upon Tom Schriber’s retirement in 2010.
Mr. Donahue graduated from California State University, Fullerton (CSUF) in 1978. He is a Past Trustee and former Western Division Vice President for the International Council of Shopping Centers (ICSC) and currently serves on its Foundation Board. Mr. Donahue’s philanthropic works include KidWorks, Guardian Scholars, the California Showcase, the Orange County Real Estate Luncheon which benefits the Orange County veteran population, Notre Dame High School, and the Rose Bowl Legacy Board. In 2019 he received CSUF’s Vision and Visionaries Distinguished Alumnus award and was also recognized by CREW-OC with their annual SPIRE Award for Superior Performance in Philanthropy.
Lawrence P. Casey — President and Chief Operating Officer
Lawrence P. Casey is President and Chief Operating Officer of Southern California-based Donahue Schriber. Mr. Casey leads Donahue Schriber’s teams responsible for acquisition, development, construction, leasing, asset management, strategic planning, accounting and financial reporting. During his more than 40 years in real estate and investments, he has managed $10 billion of assets nationally.
Prior to joining Donahue Schriber, Mr. Casey worked with San Diego-based National Advisors providing senior management services to its real estate and lending clients and as an audit manager in the Orange County office of Deloitte in the Real Estate Industry Specialization Group.
Mr. Casey received his BBA degree in Accounting from the University of Notre Dame. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants (AICPA) and the California Society of Certified Public Accountants. He is a member of the International Council of Shopping Centers (ICSC), sits on its Open Air Shopping Center Committee, and is a member of its Tax Reform Advisory Group. He is also a member of the Urban Land Institute (ULI), sat on its Audit Committee, is a Vice Chair of one of its Commercial and Retail Development Councils, mentors in its Young Leaders Group Mentorship Program, and is a ULI Foundation Governor. In 1999, he was nominated by the AICPA to serve on the American Arbitration Association’s Panel of Neutrals in the Banking, Commercial Lending, and Real Estate areas.
Mr. Casey is a Member of the Advisory Board of the Center for Real Estate at UC Irvine’s Paul Merage School of Business, mentors graduate students at the school, was recognized as Mentor of the Year in 2011 and 2017 and received the school’s Distinguished Service Award in 2018. He is also a member of the Organizing Committee of the California High School Football Showcase, an affiliate of the National Football Foundation. The California Showcase assists high school seniors to earn scholarships to play football at NCAA Division II and III and NAIA colleges and universities. In addition, he is a member of the Organizing Committee of the Orange County Real Estate Luncheon and sits on its Selection Committee which determines the charitable organizations that will receive the funds raised by the Luncheon.
Suzanne Douglass — Vice President and Chief People Officer
Suzanne Douglass serves as Vice President and Chief People Officer (CPO) for Donahue Schriber and is a member of its five-member Executive Committee which directs the company’s strategic vision and daily operations, along with serving as a fiduciary on the company’s 401(k) Investment Committee. In her role as CPO, Ms. Douglass is responsible for developing, implementing, and aligning Human Resource programs with business objectives, serving as a strategic partner while supporting employees in their day-to-day HR needs.
Prior to joining Donahue Schriber in 2011, Ms. Douglass spent 22 years in the medical device industry where she led a team of over 2,700 employees, grew a start-up company from 25 employees to 2,500+ employees, served as the due diligence and integration leader for multiple mergers and acquisitions, and was awarded and recognized as having the “#1 Human Resource Department in the Nation for Service Excellence.” Ms. Douglass’ experience also includes executive recruiting and onboarding, organizational design and effectiveness, compensation and performance management, training and development, and international human resources.
Ms. Douglass graduated from California State University, Long Beach with a B.A. in Liberal Arts with an emphasis in Human Resource Management.
Lisa L. Hirose — Executive Vice President and Chief Administrative Officer
Lisa L. Hirose serves as Executive Vice President and Chief Administrative Officer (CAO) for Donahue Schriber. In her role as CAO, Ms. Hirose has oversight responsibility for the organization’s accounting, tax, human resources, corporate administration, risk management, and information technology functions. In addition, she serves as a member of the Executive Committee which directs the company’s strategic vision and daily operations.
Ms. Hirose is a 25-year veteran of Donahue Schriber and is well-versed in the operations of the company having served as Chief Financial Officer beginning in 2006 before transitioning to her new role of CAO. Her responsibilities have included financial reporting, financial analysis and strategic planning, including leading the efforts on over $2.6 billion of capital markets transactions, securing both permanent and construction financing for the company’s properties.
Prior to joining the company, she worked for Arthur Andersen & Co. and Diversified Shopping Centers. A graduate of Chapman University, Ms. Hirose is a Certified Public Accountant (CPA) and is an active member of the International Council of Shopping Centers (ICSC).
Daniel W. Donahue Jr.
February 4, 1942 – Dec. 31, 2002
Dan Donahue is remembered as the co-founder, inspiration and a guiding force of Donahue Schriber. His sense of creativity, compassion and fun were truly remarkable.
A native of Los Angeles and graduate of San Jose State University, Mr. Donahue, along with business partner Tom Schriber, founded the firm, an acknowledged leader in the development, management and leasing of regional, community, and neighborhood shopping centers.
Recognized for the innovative retail strategies the company originated – including visionary development and redevelopment projects such as Glendale Galleria (Glendale, CA), Fashion Island (Newport Beach, CA) and The Tustin Market Place, (Tustin, CA) — Mr. Donahue was tapped in 1981 to serve as a trustee and chairman of the International Council of Shopping Centers, representing over 44,000 industry professionals worldwide.
Known throughout the industry as a featured player in Donahue Schriber trade advertising (which depicted him, along with Mr. Schriber, riding a bucking bronco, walking in outer space, even flying through the air like a superhero), Mr. Donahue had a wonderful, childlike love of life.
Mr. Donahue’s philanthropic efforts included the Catalina Conservancy, Hoag Hospital Foundation, the Orange County Rescue Mission’s House of Hope, Notre Dame High School, and KidWorks, an after-school program for at-risk children in Santa Ana, CA, which center now bears his name.
We fondly remember him as we boldly move forward.
Thomas L. Schriber
More than 50 years ago, Tom Schriber formed Donahue Schriber with late business partner Dan Donahue. Throughout its history the company has been credited with developing and redeveloping some of the most recognizable and successful shopping destinations across the Western United States including Glendale Galleria (Glendale, CA), Fashion Island (Newport Beach, CA), Tustin Marketplace (Tustin, CA), and Del Mar Highlands Town Center (San Diego, CA).
In the late 90’s, Mr. Schriber was instrumental in redirecting the company’s focus to necessity-based retail where they continued to be recognized as a leader in the development, management, and leasing of neighborhood, community, and power centers along the West Coast.
Operating as the company’s President until 2003, Tom assumed the role of Chairman and CEO after the unexpected death of co-founder, Dan Donahue. Mr. Schriber took a step back from his day-to-day duties as CEO in 2005 while maintaining his role as Chairman of the Board until his retirement in 2010. He maintained a seat on the Board of Directors through 2019.
Tom, a native of California, is a graduate in real estate and finance from the University of Southern California.
About J.P. Morgan Global Alternatives
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About New York State Teachers’ Retirement System
The New York State Teachers’ Retirement System provides retirement, disability and death benefits to eligible New York State public school teachers and administrators. NYSTRS is one of the 10-largest public retirement systems in the nation.