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California's Great America Faces October 2027 Shutdown Without Lease Renewal

The park’s lease runs through June 2028 with a single five-year extension option available to address its low profit margins.

Overview

  • In 2022 Cedar Fair sold 112 acres beneath the park to Prologis for $310 million and signed a leaseback through 2028.
  • Cedar Fair’s merger with Six Flags in 2024 created one of North America’s largest theme park operators.
  • Six Flags CFO Brian Witherow said low margins could force closure after the 2027 Halloween season if no lease extension is exercised.
  • The company has not reached a final decision and is working with Santa Clara officials and the community on next steps.
  • Prologis is developing a master plan for the site and the park is set to celebrate its 50th season in 2026.