ANAHEIM, CA—The Walt Disney Co. has purchased three parcels of land near its Anaheim theme park and resort, and the LA Times says the move is inviting speculation about a future park expansion involving Disney's Star Wars or Marvel's superhero characters.

The newspaper article that appeared Tuesday quoted Robert Niles, a Disney expert and blogger.

Disney owns the Marvel and Star Wars characters through purchases of Marvel Entertainment Inc. in 2009 and Lucasfilm in 2012.

The Times says resort officials would only say that any expansion will remain within the resort's current footprint.

The article says property records show that an arm of the Disney company bought in March the Carousel Inn and Suites at 1530 S. Harbor Blvd. Last year, the company purchased two large office buildings, and all three parcels are connected and situated across from Disney California Adventure, the Times reports.

Click LA Times to read the full story.

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

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.