An 80,000-SF industrial building near John Wayne Airport sold for $16.6 million.

The property was last occupied by Obey Clothing, which makes clothes with designs licensed from graphic artist Shepard Fairey.

Get the latest OC business and Coronavirus updates

Fairey created the “Hope” poster concepts for Barack Obama’s presidential campaigns; Fairey’s artwork is also a mural on the side of an apartment complex in Costa Mesa.

For deal details—buyer, seller, new tenant, and local impact—see the Jan. 27 print edition of the Business Journal.