MEI Rigging & Crating is not going anywhere in La Mirada. The heavy-rigging and machinery-moving operator has signed on for another five years at its 248,105-square-foot warehouse, a renewal brokers peg at roughly $21 million. The commitment keeps MEI planted in one of the Gateway Cities' rare large-format industrial buildings at a time when big blocks of space are increasingly scarce. For local logistics players and industrial landlords, the deal reads as a clear vote of confidence in infill properties that offer truck-friendly yards and quick freeway access.
Deal details and landlord representation
According to Colliers, the renewal covers a 248,105-square-foot building at 14555 Alondra Boulevard and is valued at roughly $21 million. Colliers reports that it represented landlord Brookfield Properties, while MEI Rigging was represented by Armour Realty in the five-year deal. The brokerage notes that the site sits on about 12.09 acres and includes more than 11,000 square feet of office space, along with heavy-equipment features such as 22-foot clear heights and oversized drive-through doors.
Market context
According to Cushman & Wakefield, Greater Los Angeles recorded a 4.6 percent industrial vacancy rate at year-end 2025, while the Inland Empire's vacancy rate sat near 8.1 percent. The Q4 2025 report says Greater L.A.'s availability fell by more than 1.5 million square feet quarter over quarter and that asking rents have softened but are beginning to stabilize. In that environment, large, well-located infill buildings become particularly valuable to tenants that need both scale and drive-in access.
Owner history
Brookfield Properties acquired the La Mirada asset in 2021 for between $55 million and $60 million, according to reporting at the time. The Real Deal noted the purchase and reported that the building had been renovated in recent years. That kind of institutional ownership helps explain why an international brokerage team handled the renewal for a single-tenant, heavy-equipment facility.
Tenant background
MEI expanded into Southern California after acquiring Dunkel Bros. Machinery Moving in January 2020, a corporate press release announced at the time. A release on PR Newswire stated that Dunkel's La Mirada facility sits on roughly 12 acres, and the Dunkel website still lists operations at the Alondra location. Dunkel Bros. maintains an online presence for the address.
Why the deal matters
The five-year renewal trims near-term vacancy risk for Brookfield and signals that operators are still favoring infill industrial over newer suburban supply. As Colliers put it, the agreement "highlights the durability of well-located industrial assets in the Gateway Cities." For La Mirada specifically, keeping a long-standing tenant in place preserves an unusually large footprint of heavy-equipment capacity that would be difficult to replicate inside the region's freeway grid.
