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JLL Arranges Sale of 1M-SF Distribution Center in Savannah
JLL has arranged the sale of Georgia International Trade Center Building 2B, a new Class A bulk distribution center in the Savannah-area community of Rincon, GA. The sales price was not disclosed.
Located on more than 76 acres at 2008 Trade Center Blvd., the 1.1 million-square-foot, cross-dock building is within the broader, fully occupied Georgia International Trade Center, one of the most successful speculative industrial developments in the market.
Britton Burdette, Patrick Nally, Matt Wirth and Dennis Mitchell of JLL represented the seller, a joint venture between Stonemont Financial Group and The Davis Cos., in the transaction. The buyer was Invesco Real Estate.
- ◦Acquisition
