Badia magnate spent $37.3M for former Sprint CEO's estate
Share this @internewscast.com

Variety is the spice of life, but the Badia family would like to keep the status quo. 

At least, that’s when it comes to their Aspen home. 

Joseph A. Badia, a prominent figure in the spice industry with his products widely available across the United States, acquired a $37.3 million neighboring teardown in Aspen. According to the Wall Street Journal, his main goal was to maintain the natural beauty around his own property.

The sale spans about 21 acres, including one vacant house and planning permission for two new 15,000-square-foot mansions. 

Badia’s neighbor, former Sprint CEO Marcelo Claure, bought the properties in 2020 with plans to build a family compound, the Journal reported.

Badia and his wife Nancy purchased the neighboring six-bedroom house on 10 acres just last year for $18.5 million.

A real estate team from Aspen Snowmass Sotheby’s International Realty, represented by AJ Morris and Craig Morris, facilitated the purchase for Badia. He opted to buy out the estate owned by Claure to block any future developments, AJ explained in an interview with the Journal.

AJ mentioned, “Their main concern was to avoid having large speculative homes constructed right next to theirs, which would severely obstruct their views, negatively alter the surrounding natural beauty, and disturb the elk migratory path.” 

Claure, founder and CEO of Claure Group, purchased his scenic swath of land back in 2020. The Bolivian-American entrepreneur ultimately listed the property for $45 million in 2023 after his changing his plans for a family compound, according to the Journal. Claure sold a different Aspen home for $18.5 million in the same year.

The Badias’ acquisition of Claure’s property encompasses two parcels. One spans 10.5 acres and contains an existing 11,000-square-foot dwelling, plus plans for a new seven-bedroom property. The other, a 10.8-acre piece of land, comes with plans for a five-bedroom home and equestrian facilities.

The plans on offer made the listing especially valuable, given the surrounding county’s restrictions on development, seller’s broker Brittanie Rockhill told the Journal at the time of listing.

Badia’s father started the Florida-based Badia Spices empire in 1967. The company manufactures and distributes spices, blends and sauces and more. Badia was acquired by the investment firm Bia Foods with BDT & MSD Partners, a merchant bank, in 2024.

AJ Morris told the Journal that the Badia family has no present plans to build on their new property, but Badia did purchase the development rights from Claure for under $4 million.

Claure’s listing agent Brittanie Rockhill of Douglas Elliman declined to comment. Claure and Badia could not be reached for comment.

Share this @internewscast.com
You May Also Like
Taylor Swift earns first Songwriters Hall of Fame nomination in debut year of eligibility

Taylor Swift Celebrates Her First Nomination for Songwriters Hall of Fame in First Year of Eligibility

In a groundbreaking move, pop sensation Taylor Swift might soon make history…
Broadway musicians reach tentative labor deal, averting a strike

Broadway Musicians Secure Tentative Labor Agreement, Preventing Potential Strike

NEW YORK (AP) — In a significant move to keep the show…
Luigi Mangione joked about paying for prostitutes with Pokémon cards during Asia trip: report

Report: Luigi Mangione Allegedly Jokes About Using Pokémon Cards for Payment During Asia Visit

Luigi Mangione, the alleged assassin, humorously recounted using valuable “Pokémon” cards to…
Vladimir Kramnik: Former world chess champion may face discipline for treatment of Daniel Naroditsky

Controversy Strikes: Vladimir Kramnik’s Conduct Under Scrutiny in Daniel Naroditsky Dispute

On Wednesday, the global chess governing authority announced it is contemplating disciplinary…
Sonya Massey death: Jury shown autopsy photos as testimony continues in murder trial of former Illinois deputy Sean Grayson

Shocking Courtroom Revelations: Autopsy Photos Unveiled in Gruesome Murder Trial of Ex-Illinois Deputy

PEORIA, Ill. — On Thursday, the murder trial of former Sangamon County…
Trump Team Eviscerates Schumer After He Tries to Deceive American People About Ballroom

Trump’s Team Criticizes Schumer’s Alleged Misrepresentation of Ballroom Details to the Public

How disconnected have the Democrats become? They’re prioritizing the protection of undocumented…
Porta-potty peep scheme busted as man faces nearly 100 charges for filming students: police

Man Arrested for Allegedly Filming Students in Porta-Potties, Faces Extensive List of Charges

An Iowa resident is facing close to 100 charges after authorities discovered…
Fernandina Beach family pushes for intersection safety after multiple crashes

Fernandina Beach Residents Demand Urgent Intersection Safety Measures Following Frequent Accidents

A family in Fernandina Beach is calling for crucial safety enhancements at…
Suspect Keon King charged with murder in death of Philadelphia woman Kada Scott; new details revealed

Philadelphia Tragedy: Keon King Faces Murder Charges in Kada Scott’s Death – Latest Updates Unveiled

PHILADELPHIA — Keon King, the man initially arrested in connection with the…
Murder suspect arrested over 40 times before allegedly killing hotel guest

Shocking Pattern: Serial Offender with 40+ Arrests Charged in Hotel Guest Murder

In a startling case from North Carolina, a man with a lengthy…
Melodee Buzzard: Timeline of investigation into missing 9-year-old girl from Santa Barbara, California

Investigative Timeline: The Disappearance of 9-Year-Old Melodee Buzzard from Santa Barbara, California

The Federal Bureau of Investigation has stepped in to assist in the…
Son learns fate years after brutal family murders in wealthy coastal enclave

Son Discovers Verdict Years After Grisly Family Tragedy in Affluent Coastal Community

A 34-year-old man from California has been found guilty of brutally murdering…