Elion Partners Buys Queens Industrial Asset for $58M

The acquisition is a part of a series of acquisitions the firm has planned in key coastal logistics markets. By Erika Morphy | April 28, 2021 at 09:01 AM

Private equity firm Elion Partners has acquired a last-mile logistics asset in the Jamaica suburb of Queens for $58M. The 180,200-square-foot property is located at 182-20 Liberty Ave, five miles from John F. Kennedy International Airport. The acquisition is a part of a series of acquisitions the firm has planned in key coastal logistics markets. In February, Elion Partners acquired a 207,000-square-foot last-mile logistics asset in Elizabeth, NJ, two miles from the Newark Liberty International Airport.