Disney pays $115 million for Yamaha’s Orange County headquarters
Key Points:
- Disney purchased Yamaha’s 25-acre Cypress, California campus for $115.29 million, closing the deal on September 23, aiming to use the site for back-of-house operations rather than theme park expansion.
- The Cypress campus, located about seven miles from Disneyland Resort, includes nearly 279,000 square feet of industrial, warehouse, and office space, providing Disney with significant operational real estate near its Anaheim resort.
- Yamaha, which has occupied the Cypress site since 1979, announced in March it will relocate its US headquarters to Kennesaw, Georgia, as part of structural reforms to improve profitability.
- Yamaha will continue leasing the Cypress property until the end of 2028 during its relocation process, while Georgia Governor Brian Kemp praised the move as a boost to the state's business climate and an indirect critique of California’s economic environment.
- Avison Young represented Yamaha in the sale, marketing the campus as a prime industrial redevelopment opportunity with multiple access points and an entire city block location.