JLL Capital Markets secures the sale of a 638,000-square-foot industrial property near Savannah, GA

 

 

 

 Britton Burdette

ATLANTA, GA –  JLL Capital Markets announced the sale of Building A of Interstate West, a Class A, 637,868-square-foot industrial property located west of Savannah, Georgia. The price was not disclosed.

 

JLL represented the seller, VanTrust Real Estate, in the sale to Goldrich Kest.

 

The JLL Investment Sales and Advisory team was led by Senior Managing Directors Britton Burdette, John Huguenard, Matt Wirth and Dennis Mitchell along with Director Jim Freeman.

 

“We continue to see increased investor demand for industrial product in Savannah, which is recognized as one of the best performing markets in the country and most important transportation and logistics hubs in North America due to its connectivity to a network of sea, rail, air and road operations,” said Burdette.

 John Huguenard

Currently 100% leased to three tenants, the property was built in 2023 and features 185-foot truck court depths, 134 dock-high doors, four drive-in doors, 228 auto spaces, 168 trailer spaces and ESFR fire sprinklers.

 

Situated within the 515-acre Interstate West industrial park, the Class A industrial property is located at 54 Logistics Dr. in Ellabell, Georgia.

 Located off Interstate 16 and Highway 280, the park provides excellent access to the Port of Savannah, Interstate 95, the Savannah/Hilton Head International Airport and is within a four-hour drive of major markets including Atlanta, Orlando and Charlotte.

 

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.

 

Matt Wirth

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. 

 

 

About VanTrust Real Estate

 

VanTrust Real Estate, LLC is a full-service real estate development company. 

The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement.

 Dennis Mitchell

 Product types include office, industrial, multifamily, mixed-use and science + technology. 

VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri. For more information, visit 

 

About Goldrich Kest

 

Goldrich Kest is a privately owned, family-run real estate investment and asset management company that can trace its origins back more than 65 years to two entrepreneurs, Jona Goldrich and Sol Kest, both holocaust survivors.

 

Jona Goldrich

Today, the second generation of the Goldrich and Kest families, continue to build upon its ever-expanding portfolio of residential, commercial, industrial, and retail projects.

 Sol Kest

Among them are 124 apartment buildings with more than 14,000 affordable and market rate units, 5 marinas with more than 2,200 slips, 22 senior living facilities with 4,168 beds, and more than 7 million square feet of commercial, industrial, and retail space, across the US.

 CONTACT:

 Grace Lewis

PR, Capital Markets

JLL

2401 Cedar Springs Rd.

Dallas, Texas 75201

M +1 903 520 3478

JLL.com

 

www.vantrustre.com.