San Diego-based Badiee Development Inc. is expected to break ground later in 2016 on Escondido’s first industrial development in more than ten years.
The two-building industrial park will be known as Escondido Victory Industrial Park.
Recently Badlee bought 4.87-acres at 2003 Harmony Grove Rd.. for $1.3 million, with plans to build a new $13.5 million industrial park.
Badiee Development, founded by Ben Badiee, is an established full-service development firm with over 20 years of experience in the Southern California area developing successful office, industrial and retail projects.
It opened its doors in 2011 and now has an estimated $158,064 in yearly revenue.
A few weeks ago Badiee announced plans build Carlsbad Oaks Innovation Park pm 8.4 acres in Carlsbad.