Stop us if you’ve heard this one before — a real estate investment firm is buying warehouses.
Elion Partners, a Miami-based vertically integrated private equity real estate firm and partner of industry leader Brookfield Asset Management, on Monday announced the expansion of its last-mile delivery portfolio, adding 10 facilities that total 1.2 million square feet of warehouse space.
The assets, which span several large U.S. markets including Los Angeles, Miami, Seattle, San Diego and New Jersey,...