Famous Southern California Movers Purchase New Facility
Dunkel Brothers, Movers of the Space Shuttle Endeavor, Purchase Building in La Mirada for $21.85 Million
Colliers International has arranged for the $21,850,000 purchase of a replacement facility in La Mirada for Dunkel Brothers Machinery Moving Inc., company officials have announced.
The firm’s longtime facility, also in La Mirada, was impacted by the California Department of Transportation (Caltrans) Santa Ana (I-5) Freeway widening project. The transaction culminates a nearly two-year search for a substitute facility that included dozens of properties throughout a wide swath of Greater Los Angeles and Orange County. Clyde Stauff, Senior Executive Vice President, and Chuck Wilson, Senior Vice President, acted as advisors for Dunkel Brothers.
Dunkel Brothers specializes in the rigging, transport and relocation of heavy machinery and mechanical apparatus. The firm is best-known for its headline-making move of the Space Shuttle Endeavor from Los Angeles International Airport (LAX) to its new home at the California Science Center in Exposition Park and installing complicated heavy equipment in the Griffith Observatory in Griffith Park.
Dunkel Brothers needed to relocate to a new facility that could meet its very specific needs for accommodating heavy trucks and large machinery moving equipment.
After surveying dozens of properties, Stauff’s and Wilson’s intensive search resulted in identifying a vacant 237,089-square-foot building on approximately 12 acres along Alondra Boulevard in La Mirada. The abandoned building had formerly been occupied by Kittrich Corporation and was scheduled for demolition and redevelopment with a new 270,000 square foot, class “A” distribution facility by its Chicago-based owner, Heitman. Heitman was represented by Luke McDaniel and Cameron Driscoll of JLL.
The property was not offered for sale, but Stauff and Wilson presented a compelling offer from Dunkel Brothers that resulted in the sale of the property.
“To find this particular off-market building at the right price and timing to accommodate Dunkel Brothers’ requirement took a lot of thought and research since no obvious solution was available,” said Stauff. “With the industrial market in the Mid-Counties Region experiencing very low vacancy and virtually extremely limited purchase opportunities, we knew it was necessary to find a unique solution.”
According to Stauff, Dunkel Brothers will completely renovate the 14555 Alondra Blvd. facility for its corporate headquarters. The iconic Dunkel Brothers logo, which is currently visible to approximately 250,000 cars per day on the Interstate 5 in La Mirada, will be relocated to the newly acquired structure.
“The Caltrans timing for acquiring and demolishing the existing Dunkel Brothers facility, tight market conditions, and the client’s strong preference to purchase rather than lease, all combined to make this an interesting and challenging assignment,” added Wilson. “Our client was pleased to be able to remain in La Mirada and we were pleased to locate a property that suited their requirements.”