Exeter Property Group and Badiee Development December 13 announced Veritiv as the single tenant for the Exeter Industrial Park in Escondido. The 212,088-square foot Exeter Industrial Park is poised to be the largest industrial distribution building ever constructed in Escondido.
“We are excited to have Veritiv locate in Escondido,” said Escondido Mayor Sam Abed. “We’re proud to work with Badiee Development and Exeter Property Group to bring innovative commercial and industrial business to our city.”
Atlanta-based Veritiv is a North American business-to-business distributor of packaging, facility solutions, print and publishing products and services as well as logistics and supply chain management solutions. Construction of the Exeter Industrial Park is currently underway and Veritiv is expected to begin occupying the building in summer 2018.
“Working with Exeter Property Group, we were able to design a record-breaking industrial distribution building and attract an international company that provides high-quality-jobs to help bolster the economic strength of North County San Diego,” said Ben Badiee, chief executive officer of Badiee Development.
In August 2017, Exeter Property Group purchased the 10.9-acre development site, which was originally slated for the construction of the Escondido Victory Industrial Park and Escondido Innovation Center projects, from Badiee Development. Exeter Property Group, in conjunction with Badiee Development as the project developer, is building the Exeter Industrial Park on the site.
The property is located at 1925 and 2005 Harmony Grove Rd.