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5803 Newton Drive
SOLD

Elion Partners Acquires Carlsbad Mixed-use Property For $18.6M

5803 Newton Drive

Mixed-use
71,602 SF
clock iconSold 1 year ago
Greg Pieratt
Bret Hardy
Sean Fulp
+ 3
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Summary

Sale
CALIFORNIA
Mixed-use
71,602 sqft

The mixed-use property located at 5803 Newton Dr. in Carlsbad has been sold in a recent transaction. The property spans across approximately 4.45 acres and offers a total of 71,602 square feet of space. The sale took place on September 27, 2021, and the property was purchased for a total price of $18,600,000, resulting in a price per square foot of $259. The buyer of the property was Elion Partners, while the seller was Rexford Industrial.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $18,600,000

The buyer of the property was represented by Greg Pieratt from Lee & Associates. On the other hand, the seller was represented by Bret Hardy, Sean Fulp, Ryan Plummer, and Mark Schuessler, all from Newmark.

Players

  • All

    8

  • Agents

    5

  • Agencies

    3

Greg Pieratt's profile picture
Greg Pieratt
Lee & Associates-image
Principal
$55.1M Sold
Sean Fulp's profile picture

Details

Deal Summary
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SOLD
IMAGE: Sean Fulp, Ryan Plummer, Mark Schuessler & Bret Hardy DATE: 09/27/2021 ADDRESS: 5803 Newton Dr. MARKET: Carlsbad ASSET TYPE: Mixed-use ~ ACRES: 4.45 BUYER: Elion Partners SELLER: Rexford Industrial BUYER' REP: Greg Pieratt - Lee & Associates SELLER' REP: Bret Hardy, Sean Fulp, Ryan Plummer & Mark Schuessler - Newmark SALE PRICE: $18,600,000 SF: 71,602 ~ PPSF: $259

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Address5803 Newton Drive

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