Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ANAHEIM, CA-A Costa Mesa-based developer has set its sights on Anaheim, as the company has acquired a 4.1-acre parcel here and plans to build a mixed-use project on the site.

De Young Construction Co. has paid $3.3 million for the property, which stands at 1751 S. State College Blvd. across from Edison International Field. The parcel currently serves as the site of two restaurants, which De Young will continue to lease. El Torito occupies one of the restaurants, while the other is available for lease.

The planned development may encompass as much as 178,000-sf upon completion, according to a De Young spokesperson. De Young, which also handles general contracting work, has yet to determine a construction timetable for the project.

De Young was represented by Blake Woodward of CB Richard Ellis. Gary Allen of Grubb & Ellis’ Newport Beach office represented the seller, Newport Beach-based Prandium.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.