JLL Capital Markets led sales efforts for Southeast Gateway Buildings 1 & 2
News release
24 August 2023
Two newly constructed industrial buildings trade in Savannah
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ATLANTA, Aug. 24, 2023 – JLL Capital Markets announced today that it arranged a sale of the Southeast Gateway Buildings, two new construction, Class A industrial buildings totalling 1,188,480 square feet in Savannah, Georgia.
JLL represented the seller, Conor Commercial Real Estate, and procured the buyer, EQT Exeter.
Completed in 2022, the two state-of-the-art, Class A distribution facilities feature 32-foot and 40-foot clear heights, rear-load and cross dock configurations, 216 dock-high doors, 552 car parking spaces and 337 trailer parking spaces. Both buildings are fully leased, with building 2 anchored by an investment grade tenant.
The Southeast Gateway Buildings offer exceptional accessibility being located 1.2 miles from I-95 and 6.7 miles from the I-95/I-16 interchange, which provides convenient access to Atlanta, Jacksonville, Raleigh and Charlotte. It also has excellent access to the Port of Savannah through multiple direct, low-traffic routes.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Britton Burdette and John Huguenard, Director Jim Freeman and Analyst Max Coffin.
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.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. 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. For further information, visit jll.com.
About Conor Commercial Real Estate
Conor Commercial Real Estate is the integrated real estate development and investment arm of The McShane Companies headquartered in suburban Chicago, Illinois with regional offices located in Dallas, Irvine and Phoenix. Conor Commercial Real Estate is active on a local, regional and national basis in the development of speculative and build-to-suit industrial, office and multi-family developments. For more information on Conor Commercial Real Estate, visit the firm’s website at www.conor.com.