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NEWTON, IOWA — A Minnesota-based manufacturer has acquired a 175,000-square-foot industrial building located Newton Business Center in Newton for an undisclosed price. The buyer plan to use the property for manufacturing of folding cartons. The rail-served business center offers generous ceiling heights, cranes, heavy power and loading docks. Chris Pendroy and Kermit Marsh of Terrus Real Estate Group in Des Moines, Iowa, represented the seller, Los Angeles-based Industrial Realty Group, in the transaction.