Savannah Infill Logistics Portfolio
Savannah Infill Logistics Portfolio
A premier collection of two infill logistics facilities totaling 305,400 SF located in the thriving port market of Savannah, GA.
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- Property Type
- Industrial
- Deal Type
- Acquisition
- Risk Profile
- Core
Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire the Savannah Infill Logistics Portfolio (the “Portfolio”), a collection of two infill logistics facilities totaling 305,400 SF located in the thriving port market of Savannah, GA. The buildings occupy prominent infill locations within the all-important five-mile drayage radius of the Port of Savannah, featuring immediate access I-95, I-16, the Savannah/Hilton Head International Airport, and the Garden City Terminal - the largest single-terminal container facility in the Western Hemisphere.
Currently 100% leased to two highly committed port focused tenants with 3.7 years of weighted average lease term remaining and in-place rents 31% below market, the Portfolio provides investors with secure in-place cash flow with significant future upside through mark-to-market opportunities upon lease expirations at Savannah’s rapidly increasing overall asking rents, which have increased 39% since 2019. The Savannah Infill Logistics Portfolio offers an ideal core plus position in two irreplaceable infill locations proximate to all major Savannah logistics drivers in one of the tightest, most institutionally preferred port markets in the U.S.