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Badiee Development Sells Innovation Ridge at Carlsbad Victory Industrial Park for $14.5 Million

Local Family Acquires Fully Leased Industrial Building in Carlsbad, California
The 55,573-square-foot industrial building at Carlsbad Victory Industrial Park in Carlsbad, California. Photo: Cushman & Wakefield
The 55,573-square-foot industrial building at Carlsbad Victory Industrial Park in Carlsbad, California. Photo: Cushman & Wakefield
By John Lucero
CoStar Research
April 24, 2019 | 7:28 P.M.

Local full service investment and development company Badiee Development sold a 55,573-square-foot industrial building in Carlsbad, California, to a private high net worth family based in San Diego. Innovation Ridge at Carlsbad Victory Industrial Park sold for $14.45 million, or about $260 per square foot.

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