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Badiee Sells Fully-Leased Carlsbad Industrial Facility
Badiee Development, Inc. divested a 55,573-square-foot Class A industrial property in Carlsbad, CA. The recently-constructed facility is fully-leased and was acquired by an unnamed private high net-worth family from San Diego for $14.45 million.
Located at 3248 Lionshead Ave., the Class A facility features dock and grade level loading, well-designed ingress and egress, outdoor amenities, and an efficient layout for a warehouse and showroom use.
Cushman & Wakefield’s Bryce Aberg, Jeff Chiate, Jeffrey Cole, Ed Hernandez, Mike Adey, Zach Harman and Devin Muna represented the seller.
Aberg says, “Built in 2017, the property represents a state-of-the-art industrial facility located in a highly-desirable Carlsbad location. Despite the delivery of new product in 2018, almost 70% of it has been absorbed by the insatiable tenant demand.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


