After claiming the third spot in 2024’s pipeline, Savannah leads the pack this year with 24.7 million square feet of space currently under construction, that’s according to the latest industrial survey by Commercial Edge. The current pipeline will expand the…
Home Depot has been renting a 1.4 million-square-foot distribution center in Savannah for 30 years. It has now bought the building and an adjacent 100 acres of raw land. Home Depot paid $145.5 million to acquire the distribution center, which…
Scannell Properties sold a 942,210-square-foot Savannah distribution center to Goldman Sachs Alternatives for $100.6 million. Rockingham Farms Building 9 is located at 125 Feldspar Drive. The property, built in 2023, is fully leased to four tenants. It features a 40-foot…
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…
Peach Hill Capital and RK2 Property Group acquired Georgetown Crossing, a 168-unit Class B garden-style apartment community in Savannah, for $25.6 million and plan to renovate it as soon as possible. Built in 1994, 103 of the units have not…
Scannell used to own a ten-million-square-foot master-planned industrial campus in Savannah. As of this week, it’s now just over 9.5 million square feet. The company sold 413,000 square feet to DWS for $50.8 million. DWS acquired Rockingham Farms Building 10,…
Walker & Dunlop has arranged a $78.6 million bridge loan to refinance the existing construction loan on Ann Street Lofts at 111 Ann St., a mixed-use multifamily property located in the Historic District of Savannah, GA. It was constructed in 2023. The W&D NY…
Matheson Capital, a Charleston-based real estate investment and asset management firm specializing in value-add multifamily properties in the Southeast, has acquired Residences at St. George, a 248-unit multifamily property in Savannah’s Georgetown submarket. This acquisition marks Matheson Capital’s entry into the…
MDH Partners (MDH) announces the close of a $130 million financing from Capital One. The Frontier Loan supports more than 1.8 million square feet of MDH’s recent acquisitions and development across coastal Georgia and three other US towns. The acquisition…
A joint venture of Songy Highroads and Matthews Southwest is collaborating on a 400-room convention hotel in Savannah. The timing is good in that the Savannah Convention Center is undergoing a $276 million expansion. The group expects to start work…
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