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Florida Investor Expands Last-Mile Logistics Portfolio in Seattle Area

Former Beer Barons Sell Renton Industrial Property for 20% Above Market Price
Elion Partners has been scouring major cities in the U.S. for logistics properties, acquiring more than 1 million square feet on the West Coast over 2020. (CoStar)
Elion Partners has been scouring major cities in the U.S. for logistics properties, acquiring more than 1 million square feet on the West Coast over 2020. (CoStar)
By Clare Kennedy
CoStar News
May 5, 2021 | 11:10 P.M.

Miami-based Elion Partners has paid $47.5 million for an industrial building in Renton, its third major purchase in the Seattle area over the past half-year.

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