ALMQUIST

What ALMQUIST does

ALMQUIST is a privately held Southern California real estate development company headquartered in San Juan Capistrano that develops mixed-use retail centers, public markets, restaurants, hospitality venues, and residential projects. The company was founded and is led by CEO & President Dan Almquist and operates across Orange County, Los Angeles County, and the Inland Empire, with an active portfolio that includes the River Street Marketplace (60,000 sq ft), The Canopy at Great Park (11.5 acres, breaking ground April 2025), multiple Rodeo Public Market branded food halls (Rodeo 39, 72, X, and at River Street), The Groves in Whittier, 22 & Beach in Stanton, New Haven Marketplace in Ontario, and forthcoming projects in Tustin (52 acres), Fullerton (Rodeo at Fox Theatre), Mission Place, Northgate Plaza in Fontana, The French Hotel boutique hotel, and the Forster Mixed Use residential building.

The company generates revenue across three streams: (1) real estate development — site identification, entitlement, construction, and disposition of commercial properties; (2) food & beverage operations — ownership and operation of restaurants including Heritage BBQ (Michelin Bib Gourmand), Hidden House Coffee (3.6M+ cups sold), Capistrano Brewing Company, and the Swanner House event venue; and (3) property management — ongoing management of the commercial portfolio and tenant relationships. Pricing is custom and quote-based with no public pricing. The go-to-market motion is sales-led and field-based: the company pursues projects through competitive municipal RFPs (winning selection over 11 competing proposals for the Tustin 52-acre project), exclusive negotiations with city governments, and direct leasing to national and regional anchor tenants including Stater Bros., In-N-Out, Raising Cane's, Chase Bank, Planet Fitness, EOS Fitness, Northgate Gonzalez Market, Chipotle, CAVA, Starbucks, and AT&T.

Almquist's competitive positioning centers on a "spaces with soul" community-focused development philosophy, historic preservation and adaptive reuse capabilities, a proprietary Rodeo Public Market concept that has been replicated across four markets, and a vertically integrated in-house team spanning development, construction, asset management, finance, legal, and F&B operations. The company employs over 500 people across the portfolio of companies and has no disclosed parent company, institutional investor, or public-market listing. Technology is not central to the business model — no proprietary software, AI/ML capabilities, or patents are disclosed.

Name

ALMQUIST

Legal name

Almquist

Website

https://almquist.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

ALMQUIST is a privately held Southern California real estate developer that creates mixed-use retail centers, public markets, restaurants, and hospitality venues for municipalities and private landowners. Led by Dan Almquist, it operates across Orange County, Los Angeles County, and the Inland Empire with 500+ employees and a portfolio including River Street Marketplace, multiple Rodeo Public Markets, and ongoing 52-acre Tustin development.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Lessors of Other Real Estate Property (531190), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Retail & Mixed-Use Commercial Construction (IMAFACAB)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Mixed-use real estate
• Commercial property development
• Public market venues
• Boutique hospitality operations
• Food and beverage venues

Headquarters

HQ city

San Juan Capistrano

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Real Estate Development: Almquist develops commercial properties including retail centers, mixed-use developments, food halls, restaurants, and hospitality venues. Revenue is generated through property development, sales, and long-term ownership of commercial real estate assets.
2. Food & Beverage Operations: The company owns and operates food and beverage outlets including Capistrano Brewing Company, Heritage Barbecue, and other restaurants under its portfolio management. Revenue is generated from restaurant and bar sales.
3. Property Management: Almquist manages its portfolio of commercial properties including retail centers and food halls, generating ongoing management fees and maintaining tenant relationships.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

ALMQUIST develops mixed-use commercial real estate properties across Southern California, including retail centers, public markets, restaurants, boutique hotels, and event venues. The company develops, owns, and operates these properties, anchored by the Rodeo Public Market brand deployed at multiple locations and complemented by hospitality and food and beverage concepts such as Heritage BBQ, Hidden House Coffee, The French Hotel, The Swanner House, and a Performing Arts Center.

Product overview

ALMQUIST is a Southern California real estate development company that creates mixed-use properties, retail centers, public markets, restaurants, and hospitality venues. The company operates a portfolio of distinct projects including River Street Marketplace (a 60,000-sqft community hub), The Canopy at Great Park (an 11.5-acre experiential destination), multiple Rodeo Public Market concepts (Rodeo 39, Rodeo X, Rodeo 72, Rodeo at River Street), retail plazas (22 & Beach, New Haven Marketplace, The Groves, Capistrano Plaza, Northgate Plaza, Mission Place), hospitality venues (The French Hotel boutique hotel, The Swanner House event venue), and food & beverage destinations (Heritage BBQ, Hidden House Coffee, River Street Ranch petting zoo). The company also manages food and beverage operations including Capistrano Brewing Company, CAPO restaurant group, and Dunkin' franchise operations.

Differentiator

Problem solved

Functional benefit

Brands

• Rodeo Public Market: A curated dining and shopping experience featuring multiple restaurants, retail, and entertainment venues in a public market format
• Rodeo 39 Public Market
• Rodeo 72 Public Market
• Rodeo X Public Market
• Rodeo at River Street
• Rodeo at the Fox Theatre
• Heritage BBQ
• Capistrano Brewing Company
• Hidden House Coffee
• The Swanner House
• The French Hotel
• CAPO

Products and services

• River Street Marketplace
• The Canopy at Great Park
• 22 & Beach
• New Haven Marketplace
• The Groves
• Capistrano Plaza
• Northgate Plaza
• Mission Place
• Forster Mixed Use
• River Street Ranch
• Rodeo 39 Public Market
• Rodeo X Public Market
• Rodeo 72 Public Market
• Rodeo at River Street
• Rodeo at the Fox Theatre
• The French Hotel
• The Swanner House
• Performing Arts Center
• Heritage BBQ
• Hidden House Coffee

Quantifiable outcome

• Heritage Barbecue awarded Michelin Bib Gourmand - elevated BBQ scene in California
• +3 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• City of TustinflagshipStrategic or Co-development Partner · 17 March 2026The City of Tustin selected Almquist as developer for a new 52-acre mixed-use retail project at the corner of Red Hill Avenue and Warner Avenue within the 1,600-acre Tustin Legacy Specific Plan area. Almquist entered exclusive negotiations with the city on March 17 to acquire or lease the city-owned land after a competitive selection process involving 11 other development proposals.
• City of FullertoncoreStrategic or Co-development PartnerAlmquist was selected by the City of Fullerton to develop three parcels for the Rodeo at Fox Theatre project - a two-story iteration of the Rodeo Public Market concept adjacent to the historic Fox Theater. The project will anchor the north end of downtown Fullerton for restaurant, retail, and office uses.
• City of San Juan CapistranocoreStrategic or Co-development PartnerALMQUIST was selected by the City of San Juan Capistrano to develop Mission Place, a premium two-story property located at the entrance to downtown, across from the San Juan Capistrano Mission. The project features office space, restaurants, retail, and a parking structure.
• Stater Bros.coreChannel Partner/ Reseller/ DistributorNational grocery chain tenant at multiple Almquist developments including The Groves in Whittier and New Haven Marketplace in Ontario Ranch. Stater Bros. serves as anchor tenant at these community shopping centers.
• Daniel Castillo (Heritage Barbecue)coreStrategic or Co-development PartnerChef Daniel Castillo operates Heritage Barbecue, a Michelin Bib Gourmand-awarded Texas-style BBQ restaurant within Almquist's San Juan Capistrano development. Almquist created additional outdoor space for Heritage's smokers and picnic seating as part of the property remodel.
• Local Artists and MuralistsminorStrategic or Co-development PartnerMultiple Almquist projects feature original artwork and murals from Southern California artists. Rodeo 39 Public Market includes work from five different local artists to capture the cultural diversity of surrounding communities.

Scale indicators18 records

Recent moves9 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/almquistdev

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALMQUIST