Announced
Financials
Tags
Domestic
Third Party Logistics (3PL)
United States
Private Equity
Acquisition
logistics
Real Estate
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
Elion Partners, a vertically integrated private equity real estate investment firm, completed the acquisition of the four last-mile logistics assets for $216m. “By focusing on the attributes prudent to logistics real estate such as clear height, excess parking and drive-around truck access, we have been able to identify value add opportunities that meet the needs of today’s logistics providers. These acquisitions provide additional exposure to high-quality assets in core locations, and we look forward to continuing the expansion of our last-mile portfolio,” James Lambert, Elion Senior Managing Director of Industrial Investments.
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