ELIZABETH, NJ – The vertically-integrated private equity real estate investment firm, Elion Partners has acquired a 207,000-square-foot, last-mile industrial asset in Elizabeth, NJ.
Purchased for $29.7 million, the industrial asset is located at 1000 Jefferson Ave. and situated two miles from the Newark Liberty International Airport.
Expanding Elion Partners' last mile portfolio, the recent purchase aligns with the firm's portfolio aggregation strategy, as part of a series of planned acquisitions across key coastal logistical markets.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
