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Scannell Unloads Savannah Warehouse for $100.6M
Scannell Properties sold a 942,210-square-foot Savannah distribution center to Goldman Sachs Alternatives for $100.6 million. Rockingham Farms Building 9 is located at 125 Feldspar Drive.
The property, built in 2023, is fully leased to four tenants. It features a 40-foot clear height, 185-foot truck court depth, 183 dock-high doors, ample trailer and auto parking, cross-dock configuration and 7,500 square feet of office space.
The property sits within Rockingham Farms Logistics Park, a new 5.75 million-square-foot industrial park.
Britton Burdette, Matt Wirth, Dennis Mitchell, and Jim Freeman led a JLL Investment Sales and Advisory team.
“The Savannah industrial market continues to experience remarkable growth, driven by record cargo volumes at the Port, multimillion-dollar expansion projects in the area and extensive logistical connectivity,” Burdette said.
- ◦Sale/Acquisition
