EJF Capital, North Signal Capital Refi Warehouse Near Port of Savannah
EJF Capital LLC and joint venture partner North Signal Capital LLC closed a permanent financing agreement with MetLife Investment Management for RiverPort 4. JLL Capital Markets arranged the financing for the warehouse facility that is part of RiverPort Commerce Park, a 510-acre industrial park near Savannah, GA.
Located less than 10 miles from the Port of Savannah, the building is in a Qualified Opportunity Zone under the Tax Cuts and Jobs Act of 2017.
Completed in December 2022 and situated on 21 acres within RiverPort Commerce Park, RiverPort 4 is a Class A, 208,168-square-foot distribution warehouse facility that is 100-percent leased to two tenants.
The site includes three more state-of-the-art distribution warehouses, RiverPort 5, 6, and 7, totaling 1.3 million square feet under construction. Two are expected to be completed during the third quarter, and the third is expected to be completed during Q1 of 2024.
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.