CB Richard Ellis announced that Life Technologies Corporation purchased the 179,721 square foot corporate headquarters building located at 5823 Newton Drive, Carlsbad 92008, for $14,765,000.
Nick Psyllos of CB Richard Ellis represented the seller, DEXUS Property Group. Jeff Cannon and Tim Schramm of Studley represented Life Technologies Corporation.
Located in the Carlsbad Research Center, the building is 26 percent leased to Pro Performance Sports LLC. The building features high image office improvements, a two-storey lobby entry and 30-foot clear height in the warehouse.
DEXUS Property Group is a leading diversified property group specializing in world-class office, industrial and retail properties with total assets under management of $13.5 billion.