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Elion Partners Buys Newton Corporate Center Building in Carlsbad

Rexford Industrial Sells 72,000-SF Flex Building for $18.6 Million
The R&D building was constructed in 1997 on 4.5 acres in the Carlsbad industrial market of San Diego County. (CoStar)
The R&D building was constructed in 1997 on 4.5 acres in the Carlsbad industrial market of San Diego County. (CoStar)
By Mary Vinal
CoStar Research
October 8, 2021 | 2:13 P.M.

Miami-based private investment firm Elion Partners acquired the research and development building 5803 Newton Drive in Carlsbad, California, for $18.6 million, or about $260 per square foot, from Rexford Industrial Realty.

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