McCraney Leases Up Over 50% of Savannah Industrial Park, Before Delivery

McCraney Property Company has reached agreements on three leases totaling 695,560 square feet for Phase I of Logistics 16 at Ottawa Farms, a 1 million-square-foot, Class-A industrial campus in Savannah, Georgia. The industrial campus is now more than 50% leased prior to delivery. JLL’s Ryan Hoyt, Bennett Rudder, Chris Tomasulo and Lindsey Wilmot handle leasing for Logistics 16 at Ottawa Farms on behalf of McCraney.

The three new leases include Linemart Inc., an e-commerce fulfillment vendor, which will occupy all 232,000 square feet of Warehouse 200. Homylink Furniture Inc., a furniture distribution company, originally signed for 150,000 square feet, but needed to expand quickly and leased an additional 309,000 square feet at Warehouse 100. BFG Supply, a product distributor for the green industry, is taking 153,000 square feet in Warehouse 250.

McCraney Property Company secured $62.8 million in financing for Phase I of Logistics 16 at Ottawa Farms, located at 702 Bloomingdale Road.