About Badiee Development
Ben Badiee is the founder and CEO of BDI and has also started several other successful business ventures. BDI was named the 5th Fastest Growing Company in San Diego in 2018 by the San Diego Business Journal (“SDBJ”). Mr. Badiee has also been included on the list of the 50 most influential people in San Diego and was recently nominated to the SDBJ 2018 list of Most Admired CEO’s and featured in Success Magazine.
BDI and its senior management group have constructed several large industrial and office projects. Scott Merry, VP of Construction, has in excess of 30 years of real estate industry experience developing a variety of asset classes. Casey Gilley, CFO, has financed over $800 million of development projects.
Over the past three years, affiliates of Badiee Development Inc. have closed many transactions which generated excellent returns for its investors. Most recently, one of our projects was leased to Tesla Motors to be operated as a 55,000-SF sales and service center and was sold in 2019.
In 2017, two projects were combined and sold during the grading phase to one of the largest private REITs in the United States. BDI entitled and developed a 210,000-SF industrial building on the site, the largest building in Escondido and one of the largest in San Diego County. In 2016, BDI entitled a building on the UCSD campus and sold the project to the UC Board of Regents for one of the highest per SF deals in San Diego history.