The Miami-based, vertically-integrated, private equity real estate investment firm Elion Partners has acquired four last-mile logistics assets in the Seattle, San Francisco, Southern California and New York markets, for $216 million.
The assets, which total 864,000 square feet, were purchased from various sellers and were individually sourced pre-market.
The acquired assets consist of a 390,000-square-foot property at 4225 Hacienda Dr. in Pleasanton, CA; a 180,000-square-foot property at 182-20 Liberty Ave. in Jamaica, NY; a 224,000-square-foot property at 555-589 Monster Rd. SW in Renton, WA; and a 70,000-square-foot property at 6212 Corte del Abeto in Carlsbad, CA.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.