ME Commercial Announces Acquisition of Advanced Manufacturing Facility in Florida

Columbus, Ohio May 30, 2024 (EMWNews.com) – ME Commercial has executed a strategic acquisition of an advanced manufacturing and distribution facility encompassing 116,648 square feet in Port Orange, Florida. This significant acquisition represents a pivotal milestone for the company, heralding its expansion into the dynamic Southeast Industrial market.

“Acquiring in this market is part of our plan to capitalize on Florida’s business-friendly atmosphere and high-class property inventory. We’re looking forward to continued growth from firms like SpaceX that will continue to drive demand in the region,” said Eli Adahan, Managing Partner of ME Commercial.

The newly acquired facility, situated in a strategic location at 1420 Hockney Court within Port Orange, Florida, a prominent Daytona Beach suburb, presents a prime destination for industrial and manufacturing operations. The property features state-of-the-art infrastructure, ample space for future expansion, and convenient proximity to major transportation routes, rendering it an ideal choice for both current and future users.

The single existing tenant occupying the entire existing structure, By Light, an industry-leading provider of IT, cybersecurity, communications, modeling, simulation, and training solutions to the United States military and governmental organizations, will maintain its occupancy of the facility. 

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

Through this acquisition, ME Commercial solidifies its commitment to providing diverse commercial real estate offerings to its clientele. The company’s expansion into the Southeast market aligns with its strategic vision of offering a broad portfolio of properties and services and is a testament to both the company’s robust financial position and unwavering commitment to growth. The company’s seasoned team, with its proven track record of success, is dedicated to delivering superior outcomes for clients, investors, and partners alike.

As ME Commercial continues to expand its footprint across the United States, the acquisition of the Daytona manufacturing facility marks a momentous occasion. It signifies the company’s unwavering commitment to strategic growth, operational excellence, and delivering exceptional value to all stakeholders.

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