(Read more on the industrial market.)
ORANGE, CA-Padilla Construction has acquired a new 28,500-sfOrange County branch facility in one of two recently completedindustrial relocations and expansions here and in Buena Park,according to DAUM Commercial Real Estate Services and VoitCommercial Brokerage. Padilla, which is one of the largestplastering contractors in the Western US, paid $4.7 million for itsnew building, which is at 1130 N. Trenton Way and will serve as thecompany's new Orange County branch.
According to Chris Migliori, executive vice president andprincipal with DAUM Commercial Real Estate, Padilla's acquisitionis a sign of the continuing growth in the Orange Countyconstruction market. Migliori, who represented Padilla, says thatthe buyer sought the new branch for its centralized location nearmajor Orange County freeways.
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