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October 26, 2023

Fix your Tesla in Renton?

Based in Miami, Elion Partners acquired the old Ryerson Metals building in Renton over two years ago. The building, near the junction of Interstate 405 and Highway 167, was then rebranded as Elion Renton 405, with Lee & Associates representing about 115,000 square feet of industrial space, which was vacated early last year. Now there's a tenant, Tesla, according to CBRE, and Tesla already lists the service center on its website. Elion's brokers at Lee were Billy Moultrie, Andrew Hull and Christian Mattson. Tesla has other service centers in Bellevue and SoDo. And, also per CBRE, it recently occupied about 245,000 square feet at the Cascade Business Park in Marysville. Reports of that new-building lease, from developer NorthPoint, emerged in May.




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