Real Estate

Elion Partners Pays $30M For New Jersey Warehouse

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The Miami-based real estate investment firm is snapping up last-mile industrial assets across the country. : Private equity real estate firm Elion Partners has boosted its portfolio of last-mile industrial assets by picking up a 207,000-square-foot warehouse facility near the Newark Liberty International Airport in Northern New Jersey. The property at 1000 Jefferson Ave. in Elizabeth changed hands for $29.7 million. The Seyon Group previously acquired the asset for $24.8 million in 2019, according to CommercialEdge data.

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