OMP Acquires Fully Leased La Mirada Industrial from Brookfield
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
- 39 stories mentioning Brookfield on the wire in the past 90 days. Brookfield coverage →
Computed from Real Estate Trail’s own tracked coverage
CBRE facilitated the $58.5-million sale of 14555 Alondra Blvd., a 248,105-square-foot industrial facility in La Mirada, to OMP. CBRE National Partners West’s Joe Cesta and Eric Cox represented the seller, Brookfield.…
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