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Transactions - OCTOBER 5, 2020

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Bixby Land Co. JV acquires industrial property in Savannah

by Released

Bixby Land Co., in joint venture with AXA Investment Managers – Real Assets, acting on behalf of clients, has acquired 95 Logistics Center, two newly constructed class A warehouse distribution buildings totaling 564,000 square feet, in Pooler, Ga.

The properties are currently 82 percent leased to two tenants: 1240 SH Morgan Parkway is fully occupied and 1030 SH Morgan Parkway is 54 percent occupied with a remaining vacancy of 100,214 square feet available. Offering close proximity to the I-95/I-16 freeways and within a 10-mile radius of the Port of Savannah — the fastest growing container port in the United States by TEU’s — the buildings feature 32-foot warehouse clear height, 190-plus-feet concrete truck courts, front- and rear-load configurations and excess trailer parking.

“This purchase represents Bixby’s continued commitment to expansion in the State of Georgia and other markets in the Southeast. We have now invested over $125 million between Atlanta

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