ATLANTA, Aug. 24, 2023 - JLL Capital Markets announced today that it arranged a sale of the Southeast Gateway Buildings, two new construction, Class A industrial buildings totalling 1,188,480 square feet in Savannah, Georgia.
JLL represented the seller, Conor Commercial Real Estate, and procured the buyer, EQT Exeter.
Completed in 2022, the two state-of-the-art, Class A distribution facilities feature 32-foot and 40-foot clear heights, rear-load and cross dock configurations, 216 dock-high doors, 552 car parking spaces and 337 trailer parking spaces. Both buildings are fully leased, with building 2 anchored by an investment grade tenant.
The Southeast Gateway Buildings offer exceptional accessibility being located 1.2 miles from I-95 and 6.7 miles from the I-95/I-16 interchange, which provides convenient access to Atlanta, Jacksonville, Raleigh and Charlotte. It also has excellent access to the Port of Savannah through multiple direct, low-traffic routes.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Britton Burdette and John Huguenard, Director Jim Freeman and Analyst Max Coffin.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
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Jones Lang LaSalle Inc. published this content on 24 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 18:31:27 UTC.
