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Robert A. Iger Of The Walt Disney Co. Acquires Industrial Property In Anaheim For $124M

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SOLD
$124,000,000

California

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Industrial406,787 SF
Sold 02/05/2025
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Property Image
SOLD

Robert A. Iger Of The Walt Disney Co. Acquires Industrial Property In Anaheim For $124M

1601 East Cerritos Avenue

See Similar Deals
Industrial406,787 SF
Sold 02/05/2025

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$304
Total Square Footage:406,787 SF
Transaction Type:Sale

The Walt Disney Co. has acquired an industrial property located at 1501 & 1601 East Cerritos Avenue in Anaheim for a transaction amount of $124 million. This asset encompasses a total of 406,787 square feet and is valued at approximately $305 per square foot. The two-building warehouse was previously owned by an entity affiliated with JP Morgan Chase.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $124,000,000
  • Square Footage: 406,787
  • Price Per Square Foot: $305
  • Buyer: Robert A. Iger - The Walt Disney Co.
  • Seller: Jamie Dimon - JP Morgan Chase
  • Market: Anaheim

This acquisition marks a significant move for The Walt Disney Co., as it previously leased the facility and now consolidates their long-term commitment to this location. The purchase enhances operational efficiencies and provides Disney with greater control over the facility.

Details

SOLD
IMAGE: Robert A. Iger & Jamie Dimon DATE: 02/05/2025 ADDRESS: 1501 & 1601 East Cerritos Avenue MARKET: Anaheim ASSET TYPE: Industrial BUYER: Robert A. Iger (@RobertIger) - The Walt Disney Co. SELLER: Jamie Dimon - JP Morgan Chase (@JPMorgan) SALE PRICE: $124,000,000 SF: 406,787 ~ PPSF: $305 NOTE: The Walt Disney Co. has acquired a 406,787-square-foot industrial property in Anaheim for $124 million, previously owned by an entity affiliated with JP Morgan Chase. The purchase of the two-building warehouse, formerly leased by Disney, solidifies its long-term commitment to the site, providing control over the facility and enhancing operational efficiencies.

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