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Scannell Unloads 413K-SF Savannah Distribution Center
Scannell used to own a ten-million-square-foot master-planned industrial campus in Savannah. As of this week, it’s now just over 9.5 million square feet. The company sold 413,000 square feet to DWS for $50.8 million. DWS acquired Rockingham Farms Building 10, a bulk-distribution center in Savannah, Ga. JLL negotiated on behalf of Scannell Properties.
Completed last year, Rockingham Farms Building 10 features 36-foot clear heights, 73 dock-high loading doors, two drive-in doors, 100 trailer stalls and 272 car parking spaces. Additionally, the warehouse has rear-loading capabilities, 60-foot speed bays and 185-foot truck courts.
Dile Solutions and DKW Logistics fully occupy the Class A warehouse, according to CommercialEdge information. The triple-net leases have a weighted average lease term of 7 years.
Located at 101 Feldspar Drive, the building provides access to highways 204 and 17.
The JLL Capital Markets Investment Sales and Advisory team included Britton Burdette, Dennis Mitchell and Matt Wirth, alongside Jim Freeman.
- ◦Sale/Acquisition
