Bedrosians Tile & Stone Continues Socal Expansion
6 Dec, 2006, Orange County, CA
One of the largest ceramic tile and stone distributors in the U.S. acquires Costa Mesa building
In a series of recent business expansions and consolidations, Bedrosians Tile & Stone has acquired a 35,920-square-foot building at 3120 Airway Avenue in Costa Mesa, California. Jeff Chiate and Rick Ellison from Cushman & Wakefield’s Orange County office represented Bedrosians in the transaction value at $5.6 million. The seller, Prudential, was represented by Chiate and Ellison and Rooney Daschbach and Bret Quinlan from Cushman & Wakefield’s Los Angeles South Bay office.
3120 Airway is the former headquarters of White Cap, a California-based construction supplies distributor. Bedrosians will use the newly-acquired facility as one of its distribution centers for Southern California.
Among Bedrosians’ other acquisitions is the 375,000-square-foot warehouse facility at 1515 Winston Road in Anaheim, which the company acquired in 2005 for $24 million.
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