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Seattle DJC com local business news and data - Real Estate - Industrial property sells for nearly $28M

RENTON The Ryerson Metals property, at 600 S.W. 10th St. has sold for over $27.6 million, according to King County records. The seller was Ryerson & Son of Chicago, which had owned the property for decades. The buyer was EV 600 LLC, which is associated with Elion Partners of Miami. The firm also has a Seattle office.  

Elion Partners hires new head of capital markets

Elion Partners hires new head of capital markets Lindsey Sugar Lindsey Sugar was named senior managing director of capital markets at Elion Partners, confirmed Kaylee McCall Correa, director of capital markets. The position is new. Ms. Sugar will lead the private equity real estate firm s strategic business development initiatives and oversee capital formation for its investment vehicles, according to a news release. She will be based in New York and report to the firm s managing partners: Jack Azout,

Alaska Cargo and Cold Storage Expands Global Chain

Alaska Cargo and Cold Storage Expands Global Chain The company signed a 55-year ground lease for the development of a massive facility at the Ted Stevens Anchorage International Airport. Jan262021 Image courtesy of Alaska Cargo and Cold Storage Alaska Cargo and Cold Storage is looking to expand the distribution capacity at Alaska’s largest airport with a more than 700,000-square-foot cold storage facility. The ACCS joint venture between industrialist Chad Brownstein and McKinley Capital Management signed the 55-year ground lease with the state of Alaska for development of the facility at Ted Stevens Anchorage International Airport. Once completed, ACCS will offer 32.5 million cubic feet of capacity in both cold and warm storage, as well as quick cargo, general warehousing and logistics services capabilities. The facility will also provide office space for its tenants. The warehouse project has earned support from the Alaska Energy Authority, which was awarded

Elion Partners Acquires 180,000 Sq Ft Class A Industrial Asset in Fort Lauderdale, Expanding the Firm s Last-Mile Logistics Portfolio

Press release content from Business Wire. The AP news staff was not involved in its creation. Elion Partners Acquires 180,000 Sq. Ft. Class A Industrial Asset in Fort Lauderdale, Expanding the Firm’s Last-Mile Logistics Portfolio December 23, 2020 GMT Google Street View (Photo: Business Wire) MIAMI (BUSINESS WIRE) Dec 23, 2020 Elion Partners (Elion), a real estate investment firm, today announced it has acquired a 180,000-square-foot Class A last-mile industrial asset known as Griffin Pointe Business Park located at 2281 Griffin Road in Fort Lauderdale, FL, directly off Interstate 595 and Interstate 95. ADVERTISEMENT Google Street View (Photo: Business Wire) The $31.5 million acquisition is a part of a series of acquisitions the firm has planned for its last-mile portfolio aggregation strategy across key logistics markets, including Broward and Miami-Dade County.

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