July 28, 2023
Infill industrial transload facility trades for $74.7M in Savannah
JLL Capital Markets announced today that it arranged the $74.7 million sale of an infill industrial, build-to-suit transload facility totalling 136,240 square feet in Savannah, Georgia...

Infill industrial transload facility trades for $74.7M in Savannah:

JLL Capital Markets arranges sale of the newly built Savannah Transload Facility to J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT)

July 26, 2023 | Alli Semans | JLL Capital Markets

 JLL Capital Markets announced today that it arranged the $74.7 million sale of an infill industrial, build-to-suit transload facility totalling 136,240 square feet in Savannah, Georgia.

The newly built facility located at 4833 and 4835 Old Louisville Road, which has 69 parking spaces and 884 trailer parking spaces, sprawls over an approximately 60-acre site and includes 134 dock doors. Located just south of the Savannah/Hilton Head International Airport and along U.S. Route 80, the facility is within a five-mile radius of I-95, I-16, the CSX & Norfolk Southern intermodals, and both terminals of the Port of Savannah. JLL represented the seller, InLight Real Estate Partners, and procured the buyer, JPMREIT.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Britton Burdette, Patrick Nally, Dennis Mitchell and Matt Wirth and Directors Mitchell Townsend and Jim Freeman.

≡Continue Reading

Recent

Shorehaven Mixed-Use Development Tops Out in Tempe

Shorehaven Mixed-Use Development Tops Out in Tempe

Cantor Fitzgerald and Silverstein Properties mark a milestone with Shorehaven, a new luxury mixed-use project on Tempe Town Lake, featuring residential units, retail, and community amenities for a premier waterfront experience.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now