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 clear height, 185-foot truck court depth, 183 dock-high doors, ample trailer and auto parking, cross-dock configuration and 7,500 square feet of office space.

The property sits within Rockingham Farms Logistics Park, a new 5.75 million-square-foot industrial park.

Britton Burdette, Matt Wirth, Dennis Mitchell, and Jim Freeman led a JLL Investment Sales and Advisory team.

“The Savannah industrial market continues to experience remarkable growth, driven by record cargo volumes at the Port, multimillion-dollar expansion projects in the area and extensive logistical connectivity,” Burdette said.

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, a bulk-distribution center in Savannah, Ga. JLL negotiated on behalf of Scannell Properties.

Completed last year, Rockingham Farms Building 10 features 36-foot clear heights, 73 dock-high loading doors, two drive-in doors, 100 trailer stalls and 272 car parking spaces. Additionally, the warehouse has rear-loading capabilities, 60-foot speed bays and 185-foot truck courts.

Dile Solutions and DKW Logistics fully occupy the Class A warehouse, according to CommercialEdge information. The triple-net leases have a weighted average lease term of 7 years.

Located at 101 Feldspar Drive, the building provides access to highways 204 and 17.

The JLL Capital Markets Investment Sales and Advisory team included Britton Burdette, Dennis Mitchell and Matt Wirth, alongside Jim Freeman.