Stockbridge has sold NFI Distribution Center Savannah, a 1,026,606-square-foot class A distribution facility in Rincon, Ga.
JLL represented the seller, a joint venture between Becknell Industrial and Real Estate at Goldman Sachs Alternatives, in the transaction with the buyer.
Completed in 2022, the cross-dock facility features 40-foot clear heights, 190-foot truck courts, 270 trailer parking spaces (expandable to 307) and 102 dock levelers. The distribution center is fully leased to National Distribution Centers, operating as NFI, a major subsidiary of NFI Industries.
Located at 1200 Logistics Parkway, the property is 10.7 miles from the Georgia Ports Authority's Garden City Terminal and 4.9 miles from Interstate 95, providing excellent access to major transportation routes. The property is situated within Old Augusta Commerce Center, a master-planned industrial park that will ultimately hold 4.7 million square feet of industrial space across six buildings.
