Thor Equities Group has acquired an 11-asset portfolio in the Savannah, Ga., industrial market for $48.5 million.
Situated on about 27 acres within the SPA Industrial Park, Thor’s portfolio totals 524,500 square feet and is located five minutes from the nearest Interstate 95 interchange, the main distribution thoroughfare for the East coast of the United States. The assets are less than 15 minutes from the Port of Savannah, the fourth largest port in the United States, and a 10-minute drive from the Savannah/Hilton Head International Airport. The portfolio is nearly 100 percent leased to tenants, including S&M Transportation, Transrepublica, Pactra Logistics, CRS Inc., Thunder Logistics, and more.
“This latest investment represents our drive to expand our industrial footprint in the U.S., and our strategy to acquire and develop high-quality properties in top-tier infill locations. Savannah has become the dominant port for the Southeastern United States and
