Goldman, Sachs invests in Elion Partners’ last-mile properties

Funds controlled by Goldman Sachs Group, Inc. (NYSE:GS) have invested an unspecified amount in a portfolio controlled by real estate investment firm Elion Partners that contains more than 3 million square feet of urban land to be tansformed into facilities to support last-mile deliveries of online orders, Elion said.

Goldman, one of the world’s largest investment banks, will invest through its “Vintage Funds” vehicle, Elion said in a recent statement. Miami-based Elion built its last-mile...

https://s29755.pcdn.co/news/goldman-sachs-invests-in-elion-partners-last-mile-properties

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