Carlsbad business

Novartis invites Carlsbad to $23 billion investment push

Carlsbad just joined the very small club of places where science quietly does something important while everyone else is arguing on cable news. The Swiss pharmaceutical giant Novartis has opened a new 10,000-square-foot manufacturing facility in Carlsbad, built not for vitamin gummies or mood-enhancing seltzer but for cancer drugs that come with an expiration date measured in hours. Not days. Not weeks. Hours. Like milk,…


Corporate giant IDEC snatches $49.5M Carlsbad facility

In the end, this is not a story. In yet another episode of corporate maneuvering dressed in glossy press releases, Cushman & Wakefield proudly announced its role in facilitating a $49.5 million deal that highlights the unchecked commodification of vital industrial spaces. Hill Companies, LLC, a Greenwood Village investment firm, has offloaded Studio 2200—a massive, 233,194-square-foot facility in Carlsbad, California—to IDEC Corporation, a multinational giant…