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. 

 

Peachtree Group Launches Restaurant Management Division

From left: Nikki Garcia (Food and Beverage Manager, Peachtree Group), Ashleigh DeOtis (Starbucks Store Manager, Peachtree Group), Rob Deininger (CEO AdventHealth Orlando) and Dan Puglisi (SVP, Peachtree Group)

ATLANTA, GA, Sept. 4, 2024 – Peachtree Group, a vertically integrated investment management firm, has launched a restaurant management division. Under the leadership of Daniel Puglisi, SVP of corporate operations for hospitality management, this division will focus on operating quick-service restaurants, starting with coffee shops.

 Dan Puglisi

This new venture underscores Peachtree Group's commitment to expanding its footprint in the hospitality industry, beginning with a high-profile partnership with AdventHealth and launching a Starbucks location in its AdventHealth Orlando hospital.

 The U.S. Quick Service Restaurant (QSR) market was valued at approximately $320 billion in 2023, encompassing major chains like McDonald's and smaller regional players. Coffee shops, including big names like Starbucks, Caribou Coffee and Dunkin', make up 12-15% of this market, contributing tens of billions in annual revenue.

 

"Since our founding in 2007, we have consistently grown by identifying inefficient markets and capitalizing on them to achieve strong returns and build sustainable businesses," said Greg Friedman, Peachtree Group’s managing principal and CEO.

Greg Friedman

 "The expansion into restaurants from our existing hospitality management capabilities was a natural evolution.  Our partnership with AdventHealth marks a significant milestone as we look to replicate this successful model across their network and other captive locations."

 

The Starbucks at AdventHealth Orlando is now open and is the first store to be opened under this new division. 

 

"Our commitment to excellence in service and operational efficiency sets us apart in the industry. By leveraging our extensive hospitality expertise and premium brand partnerships, we are able to deliver exceptional experiences to our customers and value to our landlord partners," Puglisi said.

"We are excited about the potential to grow this venture rapidly, with an initial goal of reaching five stores as a beta test and ultimately aiming for 100 locations," Puglisi added. "Our focus is on hospitals, universities and other high-traffic, high-visibility locations where we can make the most significant impact."

 

Contact:

 

Charles Talbert

678-823-7683

ctalbert@peachtreegroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

Savills Appointed to Lead Sales and Leasing for Office/Retail Space at 2020 Ponce in Coral Gables

Donna Abood

 MIAMI, FL – Florida East Coast Realty (FECR) announced that commercial real estate firm Savills will lead the sales and leasing efforts for its office/retail space at 2020 Ponce. 

                               2020 Ponce, Coral Gables, FL

FECR is currently offering ground floor retail space ranging from 783 to 1,112 square feet for purchase. Additionally, they are featuring a unique full-floor opportunity spanning 16,424 square feet on the 8th floor for lease or purchase. 

Joe Abood

Located in Coral Gables, Florida, 2020 Ponce is a 14-story modern Mediterranean building encompassing 130,000 square feet of premium office and retail space. Designed for efficiency, it features open floor plans without columns and wrap-around balconies with stunning views. 

The property is conveniently situated within walking distance of Alhambra Circle, Miracle Mile, and Giralda Plaza’s restaurant row, providing easy access to some of South Florida’s finest dining and entertainment options. 

 

Donna Abood, Joe Abood, and Peyton Dowd of Savills have been appointed to market the commercial sale and leasing opportunities for the project. 

Peyton Dowd 

“Our relationship with Donna Abood, Joe Abood, and Peyton Dowd spans many years, and we can see that relationship only continuing to grow in the future,” said Austin Hollo, Chief Operating Officer at FECR. 

 

“We are eager to secure the perfect business for the full 8th floor suite at 2020 Ponce, which offers an exceptional HQ opportunity in the heart of Coral Gables. Additionally, the remaining office/retail condos for sale represent an outstanding investment opportunity,” said Donna Abood, Vice Chairman and Co-Head of Florida at Savills. “With its strategic location and contemporary Mediterranean design, 2020 Ponce is an appealing choice for a wide range of companies.” 

 

For more information on buying or leasing at 2020 Ponce, please contact Donna Abood at 305.423.1927 or dabood@savills.us, Joe Abood at 305.423.1925 or jabood@savills.us, or Peyton Dowd at 305.423.1926 or pdowd@savills.us. Visit 2020ponce.com for more information. 

 

CONTACT:

 

Angelic Bringas
Account Executive
abringas@boardroompr.com
C 786-202-5773
O 954-370-8999
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