Exeter Property Group has acquired a new, class A, 281,467-square-foot industrial distribution property in the Savannah-area community of Port Wentworth, Ga.
The sales price was $19.6 million. The seller was not disclosed.
Completed in 2019, the rear-loaded warehouse is situated on 24 acres at 110 Little Hearst Pkwy., which is located within Savannah River International Trade Park, a strategic distribution and logistics location adjacent to the Port of Savannah. The property is less than six miles from both the Port of Savannah, the fastest-growing port in the United States and the largest single container terminal in North America, and Savannah/Hilton Head International Airport. Additionally, the property has easy access to Interstates 95 and 16, which provide access to the entire Southeastern United States.
