In 1979, Mr. Rickard became the sole owner of ADR/Preferred Business Properties (fka Douglas Emmett Management Company through December 1988 and as ADR Group through December 1996). Under the name Douglas Emmett Management Company, Mr. Rickard managed two large office buildings (a 26-story and a 14-story). During this period, the Company had over 2.5 million square feet of commercial property under management.
Currently, as ADR/Preferred Business Properties and its affiliate Nansco Management, Mr. Rickard has under management over 50 Commercial, Retail, Industrial, and Multi-Family Residential properties as well as approximately 50 single family homes.
In 1985, Mr. Rickard established a Development Division wherein he has developed over 170,000 square feet of multi-tenant industrial properties. In 1996, Mr. Rickard established a Lease Audit Division whereby he has been responsible for obtaining client settlements in excess of $7,500,000.
Among his past charitable activities, Mr. Rickard has served as President of the Pepperdine University Alumni Board as well as served on the Board of Directors for a small, private school.