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Capital Development Partners Starts 1.5M-SF Speculative Warehouse in Savannah
Capital Development Partners has begun construction on Central Port Logistics Center at Rockingham, a seven-building, 5.4 million-square-foot Class A industrial park in Savannah, GA.
CBRE will market and lease the project on behalf of Capital Development Partners and its JV equity partners.
“Capital Development Partners is meeting the market by responding to a national trend of companies seeking large-scale, near port distribution centers,” said Bill Sparks, EVP with CBRE in Savannah. “Central Port Logistics Center straddles a new interchange on Veterans Parkway offering a direct route to the port with limited traffic signals.”
Phase one will include Building I, a 1.5 million-square-foot cross-dock warehouse, which according to CBRE is the largest speculative warehouse ever constructed in Savannah. Building II will measure 982,000 square feet will be served by CSX rail, will have storage space for 7,200 containers, and will have immediate access to Veteran’s Parkway.
- ◦Development
