The property involved in the transaction is a 2.4-acre industrial site located at 2040 & 2050 South State College Boulevard in Anaheim. The sale price for this industrial asset was $64,500,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $64,500,000
• Buyer: Henry & Susan Samueli - Anaheim Ducks
• Seller: Quinn Johnson - EBS Realty Partners; Penwood Real Estate Investment Management
• Brokers: Brett Lockwood, Jason Ward, John Harty, Randy Ellison & Rick Ellison - Cushman & Wakefield

Henry and Susan Samueli, known for owning the Anaheim Ducks, acquired the industrial site near Angel Stadium for their OCVibe megadevelopment project. The OCVibe project, valued at $4 billion, is slated to transform 100 acres surrounding the Honda Center into a mix of multifamily complexes, hotels, parks, and commercial spaces. The initial phase of this extensive project is anticipated to open in 2026.