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Transactions - DECEMBER 9, 2021

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New bulk distribution center in growing Savannah market sells

by Released

An affiliate of Walton Street Capital has acquired a new, fully leased, 998,472-square-foot, class A, dual rail-served bulk distribution center near the Port of Savannah and within Savannah Gateway Industrial Hub’s 20 million-square-foot development in Effingham County, Ga.

JLL Capital Markets marketed the property on behalf of the seller, Broe Real Estate Group, an affiliate of The Broe Group.

1004 Gateway Pkwy. is within the multi-modal Savannah Gateway Industrial Hub, which is a more than 2,600-acre master-planned industrial park. Completed in 2020, 1004 Gateway Pkwy. is triple-net leased to two tenants, Quantix, formerly A&R Logistics Inc., and Bissell Homecare Inc. The building is served by OmniTRAX, with connectivity to both CSX and Norfolk Southern, and also features a 36-foot clear height, cross-dock loading and direct rail access.

This location is 12 miles from the Port of Savannah, Garden City Terminal via Georgia 21, with proximity to Interst

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