The Gildred Companies

Tom Gildred is currently on the Board of Directors of the Gildred Companies, a family-owned real estate business with an extensive portfolio of commercial properties spanning more than a million square feet. For three generations, the Gildred family has been instrumental in the growth and expansion of key commercial and recreational properties in San Diego — including one of the downtown district’s most historic buildings, Sharp Hospital and Balboa Park.

History and Evolution

The Gildred Companies was established in 1929. Their first project was the construction and operation of the San Diego Fox Theater Building (now known as Copley Symphony Hall and Symphony Towers). Originally designed as a premier movie house, the building became the property of the San Diego Symphony Orchestra Association in 1984.

The Gildred family had a hand in founding Sharp Hospital; Tom’s grandfather, Philip L. Gildred, donated 12.5 acres of land in Kearney Mesa to help construct Donald N. Sharp Memorial Community Hospital (now known as Sharp Memorial Hospital).

The family has also been heavily involved in the promotion and expansion of a San Diego landmark: Balboa Park. Philip co-founded the House of Pacific Relations’ International Cottages, which opened during the California Pacific International Exposition (of which he acted as managing director). His lineage has continued to uphold leadership positions in Balboa Park institutions, such as the Plaza de Panama and the Museum of Art, aimed at protecting and enhancing the park’s properties.

Current Real Estate Portfolio

The Gildred Companies’ current portfolio includes the following:

  • Ocean Pointe in Carlsbad
  • Palomar 46 and Palomar 28 in Carlsbad (near Palomar Airport)
  • 4949 and 4619 Viewridge Avenue in Kearny Mesa
  • Campus at Copley
  • Kirkham Ridge Business Park in Poway
  • Midway Industrial Park in Sports Arena Industrial Submarket
  • Stowe R&D Center in Poway
  • Warner Fairview Business Park in Santa Ana
  • Acacia Business Park in Fullerton
  • Buena Park Business Complex
  • Painter Business Park in Santa Fe Springs
  • Commercenter Plaza in San Bernardino

In 2010, Tom joined with Bob Payne and the principals of the Gildred Companies to build the Emerald Textiles plant. Designed to be as environmentally responsible as possible, Emerald Textiles was the first new commercial laundry in San Diego in 30 years. It processes nearly 35 million pounds of laundry every year, and saves an estimated 120,000,000 gallons of water and over 750,000 therms of natural gas annually.

Projects in Development

Ocotillo Wells Solar is a 50 MW solar project based on 440 desert acres in East San Diego County. The County of San Diego is leading the project, which is scheduled for commercial operation in 2017.

Alpine Ridge is a residential subdivision of 33 homes, sitting on 310 acres in the foothills of Alpine. Custom 10-acre homes are being developed, which will feature beautiful views of the backcountry of San Diego. Construction began in 2014.

Ramona Highlands is a 53-acre, four-home project. The homes are being constructed on property that is covered in avocado trees and fully irrigated with municipal water. Two of the homes will feature backcountry views. Construction began in 2015.

Contact the Gildred Companies

To learn more about the Gildred Companies and Tom’s role in the firm, please visit www.gildredco.com or call the corporate headquarters at (619) 232-6361.