Sanders Equities acquires five-building industrial portfolio in Savannah for $75.1M

ATLANTA, June 12, 2026 – JLL Capital Markets announced today the $75.1 million sale of Portside V Portfolio, a five-building infill industrial portfolio totaling 737,050 square feet located in Savannah's Dean Forest submarket.

JLL represented the seller in the transaction. Sanders Equities acquired the asset.

The portfolio comprises properties at 405 Expansion Rd., 190 Gulfstream Rd., 194 Gulfstream Rd., 198 Gulfstream Rd. and 318 Grange Rd. The properties are positioned between 0.5 and 3.6 miles from the Port of Savannah's Garden City Terminal, North America's largest single-terminal container facility, providing direct access to Interstate 16, Interstate 95 and the port.

The buildings span 51.69 acres and feature clear heights ranging from 21 to 28 feet, 62 dock-high doors, eight drive-in doors and concrete truck courts measuring 109 to 162 feet. Eighty percent of the properties include trailer parking or outdoor storage components. The portfolio is fully leased to five tenants across logistics and distribution sectors.

The JLL Capital Markets team representing the seller was led by Senior Managing Directors Britton Burdette and Dennis Mitchell and Managing Directors Jim Freeman and Maggie Dominguez.

"Prologis strategically divested irreplaceable infill assets in a market where rising land values and scarcity of developable parcels near the port have pushed replacement costs," said Burdette. "The portfolio's proximity to the Garden City Terminal positioned these properties as mission-critical logistics facilities that attracted significant buyer demand from investors recognizing the irreplaceable nature of port-adjacent industrial space."

"The Portside V Portfolio is a landmark acquisition for Sanders Equities, pushing our Savannah holdings past one million square feet and reflecting our long-term conviction in this market," said Jordan Sanders, President of Sanders Equities. "Port-adjacent, infill industrial product in Savannah is increasingly difficult to replicate – rising land values and a shrinking development pipeline near the terminal make assets like these genuinely irreplaceable over the long term, and we see continued opportunity to grow in this market alongside our core New York portfolio. We'd like to credit the JLL Capital Markets team and Prologis for running a highly professional process – their execution made this a seamless transaction."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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 WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Sanders Equities is a privately held real estate investment and management firm specializing in the acquisition, operation, and long-term ownership of industrial and commercial properties along the East Coast, with a primary focus in the New York Tri-State area and Savannah, Georgia. The firm owns, manages, and has interests in over 3 million square feet of real estate. Sanders Equities targets well-located, high-barrier assets where active management and a disciplined buy-and-hold approach can drive long-term value creation. Learn more at www.sandersequities.com.