{"id":1004391014,"date":"2020-02-14T09:16:54","date_gmt":"2020-02-14T17:16:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004391014"},"modified":"2021-05-10T02:06:12","modified_gmt":"2021-05-10T10:06:12","slug":"elion-partners-buys-south-florida-last-mile-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/","title":{"rendered":"Elion Partners Buys South Florida Last-Mile Facility"},"content":{"rendered":"
\"\"<\/a>

1111 SW 30th Road. Image via Google Maps<\/em><\/p><\/div>\n

Elion Partners has increased their South Florida presence with the purchase of a 158,000-square-foot last-mile industrial distribution asset in Deerfield Beach, Fla. Yardi Matrix data shows The Nature\u2019s Bounty sold the asset for $22 million.<\/p>\n

Located at 1111 SW 30th Road, the asset is close to both a dense residential area and several industrial properties, while the Florida Turnpike is less than 2 miles away. Completed in 1985 on a 13-acre site, the building includes one dock high loading platform that cross-connects eight dock high doors and 27 dock positions. The property features 600 parking spaces and expansion options such as more than 50,000 square feet of warehouse\/office space and additional parking.<\/p>\n

The current acquisition is the latest move in Elion Partners\u2019 strategy to focus on last-mile industrial distribution assets in core markets like South Florida, Chicago and the Washington D.C. metro area.<\/a> According to Elion Partners Managing Director Michael Yocco, consumer behavior and last-mile logistics have been the most important trends shaping the industrial market and will continue to do so over the next decade.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 158,000-square-foot industrial asset was built in 1985 on 13 acres.<\/p>\n","protected":false},"author":748,"featured_media":1004391026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,1492,21742],"tags":[36333,48734],"class_list":["post-1004391014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-miami","category-latest","tag-elion-partners","tag-the-natures-bounty"],"acf":[],"yoast_head":"\nElion Partners Buys South Florida Last-Mile Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elion Partners Buys South Florida Last-Mile Facility\" \/>\n<meta property=\"og:description\" content=\"The 158,000-square-foot industrial asset was built in 1985 on 13 acres.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-14T17:16:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:06:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/1111-SW-30th-Avenue-e1581683472220.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1375\" \/>\n\t<meta property=\"og:image:height\" content=\"1031\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/\",\"name\":\"Elion Partners Buys South Florida Last-Mile Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/1111-SW-30th-Avenue-e1581683472220.jpg\",\"datePublished\":\"2020-02-14T17:16:54+00:00\",\"dateModified\":\"2021-05-10T10:06:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/elion-partners-buys-south-florida-last-mile-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/1111-SW-30th-Avenue-e1581683472220.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/1111-SW-30th-Avenue-e1581683472220.jpg\",\"width\":1375,\"height\":1031,\"caption\":\"1111 S.W. 30th Road. 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