ME Commercial Announces Acquisition of Advanced Manufacturing Facility in Florida

(Isstories Editorial):- Columbus, Ohio May 30, 2024 (Issuewire.com) – ME Commercial has completed the strategic acquisition of a 116,648 square foot advanced manufacturing and distribution facility in Port Orange, Florida. This significant acquisition represents a key milestone for the company, heralding its expansion into the dynamic industrial market in the Southeast.

“Buying into this market is part of our plan to leverage Florida’s business-friendly climate and high-end real estate assets. We look forward to continued growth from companies like SpaceX, which will continue to drive demand in the region,” said Eli Adahan, Managing Partner of ME Commercial.

Strategically located at 1420 Hockney Court in Port Orange, Florida, a prominent suburb of Daytona Beach, the newly acquired property is a prime destination for industrial and manufacturing operations. The property features state-of-the-art infrastructure, ample room for future expansion and convenient proximity to major transportation routes, making it an ideal choice for both current and future users.

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The sole existing tenant occupying the entire existing structure, By Light, an industry-leading provider of IT, cybersecurity, communications, modeling, simulation and training solutions to the U.S. military and government organizations, will continue to occupy the facility.

“We’re really excited to be entering this space with a high-profile tenant like By Light. We believe our goals in this market and with this property will align well with their future as we seek more relationships in government and government-adjacent industrial categories,” said Ben Collier, who oversees the firm’s U.S. operations.

With this acquisition, ME Commercial strengthens its commitment to providing a diverse range of commercial real estate offerings to its clients. The company’s expansion into the Southeast aligns with its strategic vision to offer a broad portfolio of properties and services and is a testament to both the company’s solid financial position and unwavering commitment to growth. The company’s experienced team, with a proven track record, is committed to delivering excellent results for clients, investors and partners.

As ME Commercial continues to expand its presence in the United States, the acquisition of the Daytona manufacturing facility represents a momentous opportunity. It represents the company’s unwavering commitment to strategic growth, operational excellence and delivering exceptional value to all stakeholders.

For more information, visit the ME Commercial website at: www.me.ltd