Pacific Industrial fully leases Anaheim industrial campus after decade-long cleanup

Pacific Industrial has fully leased Stadium Landing, a 340,000-square-foot industrial campus in Anaheim that took years to assemble from fragmented ownership, a 1973 ground lease and dozens of tenant leases. The lease-up underscores continued demand for advanced manufacturing space in Orange County and Pacific Industrial’s push to expand across the West.

Why it matters: - Stadium Landing turned a long-stalled Anaheim redevelopment site into a fully leased industrial campus in one of Southern California’s tightest logistics markets. - The project adds advanced manufacturing space with power access, freeway access and large truck courts at a time when industrial users are competing for well-located, utility-ready sites. - The lease-up gives Pacific Industrial a high-profile Orange County win as the developer expands into new Western markets.

What happened: - Pacific Industrial fully leased Stadium Landing, an approximately 340,000-square-foot Class A industrial campus in Anaheim. - The campus sits on 17.5 contiguous acres between Angel Stadium and the Honda Center. - The site was completed in 2025 and is now leased to advanced manufacturing operations. - The project followed nearly a decade of work to clear major title and lease hurdles.

The details: - A 50-year master ground lease signed in 1973 encumbered much of the land. - Ownership was split among family estates, a hospital and a church. - More than 40 tenant leases had to be wound down before construction could begin. - Pacific Industrial started working through the barriers in 2017. - The company directed the off-market acquisition of the original 8.5-acre parcel and negotiated termination of the ground lease. - Pacific Industrial acquired the adjacent nine-acre North Stadium Business Center in 2018, creating a 17.5-acre assemblage in the geographic center of Orange County. - The company maintained interim cash flow from the property while winding down the remaining tenant leases. - Stadium Landing includes two Class A industrial buildings measuring 237,246 and 100,784 square feet. - The campus features 36-foot minimum clear heights, truck courts up to 185 feet deep and 37 dock-high loading doors. - The site has immediate access to five major freeways. - About 4 million people live within a 30-minute drive. - Anaheim’s municipal utility provides some of the lowest power rates in the region and available capacity, a key advantage for advanced manufacturing users. - Stadium Landing was named CoStar’s Commercial Development of the Year for Orange County in March 2026.

Between the lines: - The project shows how difficult infill industrial redevelopment can be when ownership is fragmented and legacy agreements are layered across a site. - Pacific Industrial’s ability to assemble the land, terminate the ground lease and preserve cash flow before development suggests a patient, opportunistic strategy. - Full lease-up in advance of broader expansion may strengthen Pacific Industrial’s hand as it pushes into Northern California, Portland, Seattle, Salt Lake City, Reno, Las Vegas and Phoenix. - Bud Pharris has been named CEO as the company broadens beyond Southern California.

What's next: - Pacific Industrial is expanding into Northern California, Portland, Seattle, Salt Lake City, Reno, Las Vegas and Phoenix. - The company will continue pursuing warehouse and distribution facilities, core-plus and value-add industrial assets, and powered land sites for autonomous and electric fleet operators. - Pacific Industrial’s portfolio and transaction activity will likely remain central as the company scales outside its home market.

The bottom line: - A site once viewed as too complicated to redevelop is now fully leased, validating Pacific Industrial’s long-term bet on a strategically located Anaheim industrial campus.

More information is available in the company’s announcement.