Major Manufacturer Buys Carlsbad Research Center Industrial Site for $49.5 Million ...Middle East

The future home of IDEC, 2200 Faraday Ave., Carlsbad. Photo credit: Courtesy, Cushman & Wakefield A Silicon Valley manufacturer has purchased a sprawling industrial site in the Carlsbad Research Center for $49.5 million, according to a real estate firm. Cushman & Wakefield advised Hill Companies, LLC, an investment firm based in Greenwood Village, Col., in the sale of Studio 2200, a 233,194-square-foot, freestanding industrial building, which includes space for manufacturing and office needs. IDEC Corporation, a worldwide manufacturer of industrial automation and control products, purchased the two-story property, 2200 Faraday Ave. The international company, which is shifting its U

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