A JV between commercial real estate developer Trammell Crow Company and MetLife Investment Management clients has acquired a 477-acre development site in Rincon, GA.

Bennett Rudder, Ryan Hoyt and Chris Tomasulo of JLL represented the seller, Greenland Developers, and have been assigned leasing duties.

The Coastal Trade Center will include 4,727,520 square feet of Class A logistics space planned across six buildings and will be developed in two phases. Construction will begin on Phase I in March 2023 with an expected delivery in the Q3 2024.  

The first phase of development will include three cross-dock facilities that will include 1,215,200 square feet, 640,640 square feet and 473,760 square feet, respectively. The second phase of development will include a 1,423,520-square-foot cross-dock facility, a 611,520-square-foot cross-dock facility and a 362,880-square-foot front-load facility.

The site is situated along Highway 21, which provides direct access to I-95 and I-16, and will be located on the to-be-built Coastal Trade Center Parkway. The Port of Savannah is within 14 miles.