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April 30, 2020
Elion Partners of Miami announced that new hire James Lambert will oversee its West Coast logistics division. He makes the move from Amazon, where he was in charge of logistics real estate. He'll remain in Seattle. Elion is invested in over 135 properties, including more than 10 million square feet of industrial space, and values its portfolio at more than $1.5 billion.
Elion's Shlomo Khoudari said in a statement referencing coronavirus, “With consumers forced to stay home, e-commerce has seen an acceleration in sales, placing a strain on inventory levels and supply chains. This catalytic shift in consumer behavior is driving logistics real estate to serve as the infrastructure to answer that demand.”
(Editor's note: Details about the firm's portfolio have been corrected.)