Sanders Equities has acquired Portside V Portfolio, a five-building infill industrial portfolio totaling 737,050 square feet located in the Dean Forest submarket of Savannah, Ga., for $75.1 million.
The portfolio comprises properties at 405 Expansion Road, 190 Gulfstream Road, 194 Gulfstream Road, 198 Gulfstream Road and 318 Grange Road. The properties are positioned between 0.5 miles and 3.6 miles from the Port of Savannah’s Garden City Terminal, North America’s largest single-terminal container facility, providing direct access to Interstate 16, Interstate 95 and the port.
The buildings span 51.69 acres and feature clear heights ranging from 21 feet to 28 feet, 62 dock-high doors, eight drive-in doors and concrete truck courts measuring 109 feet to 162 feet. Some 80 percent of the properties include trailer parking or outdoor storage components. The portfolio is fully leased to five tenants across logistics and distribution sectors.
JLL represented the sel
