New Owners for Anaheim’s Stadium Tower
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Henry & Susan Samueli acquire the building from CalSTRS and CBRE for $72.1 million
Corona del Mar-based H&S Ventures LLC, a company founded by Henry and Susan Samueli in 1999 to oversee their Samueli Foundation‘s investments, has purchased Stadium Tower at 2400 E. Katella Ave. in Anaheim for $72.1 million, which equates to approximately $275 per square foot and covers a total area of 261,939 square feet, according to public documents. This is reportedly the biggest office sale in Orange County for this year to date.
For the Samuelis, who own the NHL’s Anaheim Ducks, this acquisition is yet another example of their commitment to the local Orange County economy and reflects a broader trend of influential families shaping real estate investments in the area. Samueli is co-founder and chairman of chipmaker Broadcom.
The 12-floor Stadium Tower’s location near Anaheim’s sports and entertainment districts (adjacent to Angel Stadium) enhances its value, as the Samuelis continue to influence community development through various initiatives. The Samuelis, who support many philanthropic causes in Orange County, also helped fund the $4-billion OC Vibe, a mixed-use entertainment district being built around Honda Center in Anaheim.
The Stadium Tower property was originally constructed in 1988 and renovated in 2017. Amenities include multiple outdoor workspaces, pedestrian access to the Metrolink/Amtrak station, an on-site gym and proximity to the upcoming OC Vibe development.
For companies and employees in the building, Stadium Tower commands striking views of Newport Beach and the San Gabriel Mountains. The lobby has vaulted ceilings and marble floors which fill the building with natural light, while its grounds feature a cascading fountain and lush greenery.
Founded in 1999, H&S Ventures is a family office that oversees the investments of the Samueli Foundation. Started by Susan and Henry Samueli, the foundation invests into integrative health, technology, science, education and adjacent sectors. Their approach often combines philanthropic endeavors with strategic real estate investments, aiming to enhance local economic development.
The Samueli family acquired the Stadium Tower property from an entity that included both CalSTRS (California State Teachers’ Retirement System), represented by Cassandra Lichnock, and CBRE Global Investors, represented by Bob Sulentic.
As commercial real estate avenues remain dynamic in Orange County, the transaction marks a notable shift that could pave the way for future developments and investments within the region.
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