Dr. Dick Bridy is an entrepreneur and the CEO of DBI Group (DBI) and Bedrock Investments Group (BIG), founded on the core principles of Honesty, Expertise, and Results (HER). Dick has more than forty (40) years of commercial real estate development, brokerage, investment, leasing, private equity sourcing, operations, construction, and asset management experience. He and his team entitled and built two shopping centers and five single tenant properties. In addition, Dick has contracted for the redevelopment of over 3.5 million sq. ft. in 14 shopping centers in the Midwest and the Western US. Dick has served as a commercial real estate – legal consultant in cases including asset, property and portfolio management, commercial litigation, development/redevelopment, insurance, and realtor litigation. He has been engaged by both plaintiff and defense attorneys.
An accomplished scholar, Dr. Bridy is a graduate of the Wharton School at the University of Pennsylvania with a B.Sc. in Economics. His graduate studies garnered academic honors recognition from the San Diego State University Graduate School of Business, the Marshall School at the University of Southern California, and the University of Phoenix, from which he received an MBA, EMBA, and Ph.D. respectively. For decades, Dr. Bridy has served on the boards of many prominent real estate organizations, including the National Association of Realtors, California Association of Realtors, San Diego County Commercial Association of Realtors, and CCIM.
University of Phoenix Phoenix, AZ
Doctor of Management (Ph.D.) – Organizational Leadership April 2014
Delta Mu Delta Honors Recipient – 2012
University of Southern California, Marshall School of Business Los Angeles, CA
Executive Master of Business Administration (EMBA) – Executive Management May 2008
Beta Gamma Sigma Honors Recipient
San Diego State University, Graduate School of Business San Diego, CA
Master of Business Administration (MBA), Finance May 1975
Beta Gamma Sigma Honors Recipient – 1975
University of Pennsylvania, The Wharton School Philadelphia, PA
Bachelor of Science Economics (BS), Marketing May 1969
Realtor® – Licensed Real Estate Broker, State of California Department of Real Estate (DRE)
CCIM – Certified Commercial Investment Member of the National Association of Realtors (NAR)
CRX – Certified Retail Property Executive of the International Council of Shopping Centers (ICSC)
SCLS – Senior Certified Leasing Specialist of the International Council of Shopping Centers (ICSC)
CITI – Certified CITI Researcher/Ethical Human Subject Protection.
Bedrock Investment Group (BIG) La Jolla, CA
CEO 2011 – Present
Bedrock Investments Group (BIG) acquires undervalued, strategically located single tenant net leased properties that deliver predictable cash flow to our partners. Our streamlined acquisition process, and in-depth due diligence, result in noteworthy investment opportunities. Our team identifies undervalued net leased properties throughout the U.S. that have solid fundamentals and creditworthy tenants. Bedrock acquires these freestanding, single tenant net leased (STNL) properties as long-term investments. BIG has property holdings in California, Arizona, Nevada, Pennsylvania, North Carolina, Georgia, Ohio, Michigan, Iowa, Texas, Tennessee, Florida, Kentucky, and Oklahoma. BIG has purchased nearly thirty million dollars ($30.0) in STNL projects since December 2011.
DBI Group (DBI) La Jolla, CA
President/CEO 1998 – Present
DBI is a boutique real estate development, brokerage, asset management, and private syndication firm with unparalleled experience in the redevelopment of commercial retail centers and single tenant properties. To that end, we have developed a structure unique to our industry – a synergistic network of 3rd party teams that consult, develop, and implement business plans focused on the greatest economic potential for each redevelopment project. The result is a firm that is much more than the sum of its parts, which reacts to supply and demand in the marketplace with speed, innovation, and efficiency, at DBI – “The Road to Success is Always Under Construction.”
DBI Asset Management, Inc. La Jolla, CA
Principal 1998 – Present
DBI Asset Management performs the due diligence and property management of all Birdrock Investments. Dr. Bridy supervised the redevelopment of fourteen (14) shopping centers with over 3.5 million square feet of Gross Leasable Area. The company prepares financial analyses, market valuations and financing proposals. It also coordinates, supervises entitlements, architectural design, construction bidding and supervision, leasing and re-merchandising strategies.
DBI Commercial Real Estate, Inc. La Jolla, CA
President/CEO 1992 – Present
DBI Commercial Real Estate, Inc. has successfully brokered the purchase and leasing over four hundred million dollars ($400) M of commercial properties for its clients and partners, and negotiated over 1,630 leases.
Red Mountain Real Estate Group Santa Ana, CA
Developer/Enterprise Team Leader 2002 – 2005
Through the DBI Group Company, DBI Asset Management, Dick completed the redevelopment and entitlement of 5 Midwest, mountain states, and Southern California shopping centers of over four hundred thousand (400,000) s.f. The properties were located in Des Plaines IL, Salt Lake City UT, Overland Park KS, Bozeman MT, and Santa Ana CA.
Lamar Companies Murrieta, CA
Vice President Western Division 1996 – 1998
Dr. Bridy supervised the redeveloped and expanded five (5) Southern California shopping centers bought in 1996 for thirty-two ($32) M, in a distress acquisition from Citicorp. Following an aggressive 2-year leasing, remerchandising, and construction program, the portfolio was sold for over $64 M.
John Burnham and Company San Diego, CA
Senior Vice President/Principal 1978 – 1996
Founded the Burnham Retail Group and was the top retail producer in twelve (12) times, top 5 producer ten (10) times, and salesman of the year twice in his eighteen (18) years with the company.
Prudential Bache (Prudential) San Diego, CA
Stock Broker 1976 – 1978
San Diego State University School of Business Administration San Diego, CA
Finance Instructor 1974 – 1976
Chrysler Financial San Diego, CA
Accounts receivable and repossession accomplice 1974-1976
Commissioned Officer – United States Marine Corps Conus, Europe, Middle East, Far East
Marines’ Memorial Association, San Francisco, CA 1969 – 1972
A deeply empathetic man, in 2015, Dr. Bridy drew upon his expertise in construction and organization to aid the earthquake victims of the Great Earthquake in Kathmandu and Ramachhap, Nepal. For weeks, he and his crew scavenged wood and other building materials from damaged homes and commercial buildings to erect a temporary elementary school. These materials were also gathered in preparation for reconstruction activities following the monsoon season. It was a transformative trip that will carry aid to bolster emergency disaster reconstruction efforts domestically and internationally. Volunteering his time and talent to local animal welfare organizations keeps him busy closer to home. Beneficiaries of his equine experience include Saving Horses, a horse rescue organization, and Horses of Tir Na Nog, San Diego’s oldest horse sanctuary dedicated to creating a refuge for horses in need. His other interests include cycling, trekking, golf and traveling with his family.
As a Supernumerary or amateur character actor in a non-singing role, Dr. Bridy has made 128 stage appearances in 29 productions by the San Diego Opera and the production of Romeo and Juliet by The Stuttgart Ballet.