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Affinius Provides $70.2M Refinancing for Savannah Warehouse Project
Affinius Capital originated a $70.2 million loan to a real estate fund advised by Crow Holdings Capital to refinance Terminal East, a 915,000-square-foot industrial property in Savannah, GA.
The property offers two buildings, one of which is 180,000 square feet offering 32’ clear heights and the other 735,000 square feet featuring 36’ clear heights. Together they offer 231 trailer stalls and 198 dock-high doors, making them ideal for modern industrial and logistics tenants.
Terminal East is situated in the North Savannah submarket, a preferred location for distribution, e-commerce, manufacturing, and logistics users given its proximity to the Port of Savannah – the nation’s third-largest and fastest-growing container terminal port. The Georgia Ports Authority planned a $4.5 billion investment over the next 12 years to expand its container-handling capabilities, which further underscores the long-term strength of this market.
The financing was arranged by John Rose and Bobby Norwood of JLL.
- ◦Financing
