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Deals

OMP pays $58.5M for La Mirada industrial leased to MEI

CBRE represented Brookfield on the sale and its debt team secured the financing.

At a glance

20-second brief
  • OMP acquired a fully leased La Mirada industrial building from Brookfield for $58.5 million, and MEI is the tenant, Connect CRE reported.

  • The 248,105-square-foot building at 14555 Alondra Blvd. works out to about $236 per square foot.

  • CBRE represented Brookfield on the sale and its debt team secured the financing, Connect CRE reported.

OMP acquired a fully leased La Mirada industrial building from Brookfield for $58.5 million, and MEI is the tenant, Connect CRE reported.

The 248,105-square-foot building at 14555 Alondra Blvd. works out to about $236 per square foot. Connect CRE's report did not disclose the lease term, in-place rent or cap rate.

CBRE represented Brookfield on the sale and its debt team secured the financing, Connect CRE reported. Joe Cesta and Eric Cox of CBRE National Partners West represented the seller, while Val Achtemeier, Mark Fluent and Matt Schmidt of CBRE's Debt & Structured Finance practice secured the financing.

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