EQT Exeter acquires two newly constructed industrial buildings in Savannah, Ga.
EQT Exeter announced that it acquired the Southeast Gateway Buildings, two newly constructed, class-A industrial buildings totaling 1,188,480 square feet in Savannah, Ga.
JLL represented the seller, Conor Commercial Real Estate, and procured the buyer.
Completed in 2022, the two distribution facilities feature 32-foot and 40-foot clear heights, rear-load and cross-dock configurations, 216 dock-high doors, 552 car and 337 trailer parking spaces. Both buildings are fully leased, with Building 2 anchored by an investment-grade tenant.
The Southeast Gateway Buildings are 1.2 miles from Interstate 95 and 6.7 miles from the I-95/I-16 interchange, which provides access to Atlanta; Jacksonville, Fla.; Raleigh, N.C.; and Charlotte, N.C. It also has excellent access to the Port of Savannah through multiple direct, low-traffic routes.