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| Hanon Systems Alabama, Corp., a subsidiary of Hanon Systems and a full-line thermal and energy management solutions provider. |
ATLANTA, GA -- JLL Capital Markets announced the sale and acquisition financing secured for 8540 Zell Miller Road – a fully occupied Class A light manufacturing and distribution facility in Statesboro, Georgia, an extension of the established Savannah, GA industrial market. Financial details were not disclosed.
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| Bobby Norwood |
The
JLL Investment Sales and Advisory team was led by Directors Jim Freeman
and Anthony Walters, Senior Managing Directors Britton Burdette,
Dennis Mitchell and Matt Wirth and Associate Bo Osgood. The JLL Debt
Advisory team was spearheaded by Senior Director Bobby Norwood and
Senior Managing Director Mark Sixour.
“Savannah's industrial market is experiencing exceptional growth, driven by record-high cargo volumes at the Port and new operations entering the market to supply the Hyundai Metaplant,” said Freeman.
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| Jim Freeman |
“The market has seen strong fundamentals and rental rate growth over the past two years and boasts one of the highest levels of tracked tenant demand as a percentage of inventory in the country.”
The
property is strategically located 1.1 miles from Highway 301, 7.2 miles from
I-16 and 34.9 miles from the Hyundai Metaplant, positioning it to serve both
the Metaplant and the broader Savannah market.
Spanning
112,011 square feet, the institutionally designed facility features a
32-foot clear height, multi-sided loading, 11 dock-high doors, 2 drive-in doors
and 14,880 square feet of office space. It is 100% leased to Hanon Systems
Alabama, Corp., a subsidiary of Hanon Systems and a full-line thermal and
energy management solutions provider.
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| Anthony Walters |
The lease includes two expansion options for the tenant: a first option of 68,000 square feet and a second option of 145,600 square feet.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For
more news, videos and research resources, please visit JLL’s newsroom.
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| Britton Burdette |
About Chesterfield
Chesterfield specializes in the development of class A industrial, manufacturing, and office projects throughout the southeastern United States.
In each phase of the development
process, we utilize our extensive experience to assist our clients in
minimizing risk and maximizing value through cost controls, efficient
scheduling, selection of the right design and constructio
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| Dennis Mitchell |
Founded in Boston in 1966, Spaulding & Slye Investments (“SSI”) has grown from a venerable East Coast real estate company into a prominent national investment and advisory firm, with approximately 4.5 million SF of development and operating assets under management.
SSI is dedicated to achieving superior risk-adjusted returns and creative capital solutions for our investors and clients, through opportunities in the country's most dynamic real estate markets. In addition to principal investment, SSI provides a range of tailored, integrated services to meet today’s CRE ownership challenges.
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| Matt Wirth |
About Seacoast Bank
Seacoast Banking Corporation of Florida (NASDAQ: SBCF) is one of the largest community banks headquartered in Florida, with approximately $14.8 billion in assets and $12 billion in deposits as of March 31, 2024.
Seacoast provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 77 full-service branches across Florida, and through advanced mobile and online banking solutions. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida.
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| Bo Osgood |
About JLL
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| Mark Sixour |
Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
CONTACT:
Grace Lewis
https://www.graham-capital.com/
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