Savannah, Georgia

Conor Expands into Savannah Market with Development of Southeast Gateway

Retrieved on: 
Monday, August 2, 2021

ROSEMONT, Ill., Aug. 2, 2021 /PRNewswire-PRWeb/ --Conor is pleased to announce its expansion into the Savannah, Georgia, industrial market with the development of Southeast Gateway.

Key Points: 
  • ROSEMONT, Ill., Aug. 2, 2021 /PRNewswire-PRWeb/ --Conor is pleased to announce its expansion into the Savannah, Georgia, industrial market with the development of Southeast Gateway.
  • To read more from Brian Quigley on the Savannah market, click here .
  • The development will incorporate a 1,005,000-square-foot cross-dock building and an 184,000 single-load facility, both of which can be divided to accommodate two tenants.
  • The design-build team of Ware Malcomb and McShane Construction Company are providing comprehensive architectural and construction services for Southeast Gateway.

Thompson Savannah Makes Debut, Bringing a Contemporary Lifestyle Hotel to Eastern Wharf

Retrieved on: 
Monday, August 2, 2021

SAVANNAH, Ga., Aug. 2, 2021 /PRNewswire/ -- Hyatt Hotels Corporation (NYSE: H) today announced the opening of Thompson Savannah , the brand's first property in Georgia.

Key Points: 
  • SAVANNAH, Ga., Aug. 2, 2021 /PRNewswire/ -- Hyatt Hotels Corporation (NYSE: H) today announced the opening of Thompson Savannah , the brand's first property in Georgia.
  • Set along the banks of the Savannah River, Thompson Savannah, located at the junction of the city's Historic District and its newest neighborhood, Eastern Wharf, is a joint venture development by Regent Partners, Mariner Groupand Cadre.
  • Through thoughtful design that combines historic architectural details and contemporary flair, the hotel honors Savannah's vibrant history and celebrates the local community.
  • Founded in 2001, Thompson Hotels is an award-winning boutique lifestyle hospitality brand with a collection of stunning, dynamic properties.

Becknell Acquires 430 Acres in Savannah

Retrieved on: 
Monday, July 19, 2021

CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) -- Becknell Industrial is excited to announce the acquisition of 430 acres for the development of a six-building, 4.8 million-square-foot, state-of-the-art industrial park in Savannah, Georgia.

Key Points: 
  • CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) -- Becknell Industrial is excited to announce the acquisition of 430 acres for the development of a six-building, 4.8 million-square-foot, state-of-the-art industrial park in Savannah, Georgia.
  • With this 430-acre investment, Becknell is jumping headlong into one of the fastest growing, most vital industrial markets in the country.
  • The Old Augusta Commerce Center represents a long-term commitment to Savannah that will add 5 million square feet of buildings and thousands of jobs to the Savannah market.
  • The entire Becknell organization is extremely proud of this new endeavor and we look forward to growing our presence in Savannah, said Dan Fogarty, Executive Vice President of Development for Becknell.

KB Home Announces the Grand Opening of Savannah at McSweeny Farms, a New Community Located in a Popular Riverside County Master Plan

Retrieved on: 
Friday, July 16, 2021

KB Home (NYSE: KBH) today announced the grand opening of Savannah at McSweeny Farms, a new community of single-story homes in a popular Riverside County master plan.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Savannah at McSweeny Farms, a new community of single-story homes in a popular Riverside County master plan.
  • Located in Hemet, California, Savannah at McSweeny Farms is conveniently situated off State Street, south of Highway 74 and east of Interstate 215 and Highway 79.
  • View the full release here: https://www.businesswire.com/news/home/20210716005067/en/
    KB Home announces the grand opening of Savannah at McSweeny Farms, a new community located in a popular Riverside County master plan.
  • Savannah at McSweeny Farms also offers the KB Home Office, a dedicated room that homebuyers can personalize for the way they work.

Kroger Atlanta and Savannah Associates Ratify New Agreements with UFCW Local 1996

Retrieved on: 
Monday, July 12, 2021

ATLANTA, July 12, 2021 /PRNewswire/ --Kroger's Atlanta division and members of the United Food and Commercial Workers Union Local 1996 in Atlanta and Savannah ratified new labor agreements on July 7 and July 8.

Key Points: 
  • ATLANTA, July 12, 2021 /PRNewswire/ --Kroger's Atlanta division and members of the United Food and Commercial Workers Union Local 1996 in Atlanta and Savannah ratified new labor agreements on July 7 and July 8.
  • The Kroger Atlanta division is investing over $300 million in wage increases across four years in these agreements with its associates in Atlanta and Savannah.
  • "We are pleased that we could reach an agreement with our Atlanta and Savannah associates and support them as well as our company.
  • The UFCW Local 1996 agreements cover over 22,000 associates working at 170 stores in Greater Atlanta and Savannah.

The Broe Group's Savannah Gateway Industrial Hub Unveils Import Distribution Facility

Retrieved on: 
Tuesday, June 29, 2021

SAVANNAH, Ga., June 29, 2021 /PRNewswire/ --The Broe Group's, Savannah Gateway Industrial Hub (SGIH) has completed delivery of a new 388,400 square foot import distribution space to serve the park's second tenant.

Key Points: 
  • SAVANNAH, Ga., June 29, 2021 /PRNewswire/ --The Broe Group's, Savannah Gateway Industrial Hub (SGIH) has completed delivery of a new 388,400 square foot import distribution space to serve the park's second tenant.
  • Two additional speculative facilities are currently under construction to meet the booming demand at the Port of Savannah.
  • "Savannah Gateway supports multi-modal logistics solutions to the Southeastern United States while providing excellent proximity to the Port of Savannah and efficient access to global and domestic markets," said Broe Real Estate Group Senior Vice President Sean Fitzsimmons.
  • We look forward to welcoming more great employers into our community and the Savannah Gateway Industrial Hub," said Effingham County Industrial Development Authority CEO Brandt Herndon.

EJF Capital and North Signal Capital Complete $32 Million Construction Financing on Two Buildings at RiverPort Commerce Park in Opportunity Zone

Retrieved on: 
Thursday, June 24, 2021

The TCJA encourages Opportunity Zone investors to have uninterrupted ownership of qualifying property for at least 10 years.

Key Points: 
  • The TCJA encourages Opportunity Zone investors to have uninterrupted ownership of qualifying property for at least 10 years.
  • The strength of the port, lower cost structure, regional population growth, favorable property tax rates and other economic incentives make the RiverPort project a compelling opportunity.
  • RiverPort has the capacity for approximately 4.5 million square feet of industrial space in 10 buildings in Hardeeville, SC.
  • North Signal has developed or is developing approximately 5.6 million square feet of Class A industrial space across 15 buildings in the Charleston, SC and Savannah, GA markets.

New Savannah Facility Expands Production of Award-Winning Pursell Controlled-Release Technology

Retrieved on: 
Wednesday, May 26, 2021

Pursell has reached terms to build a state-of-the-art production facility in Savannah, Georgia, that will greatly expand the reach of its next-generation coating technologies across the Southeast and beyond.

Key Points: 
  • Pursell has reached terms to build a state-of-the-art production facility in Savannah, Georgia, that will greatly expand the reach of its next-generation coating technologies across the Southeast and beyond.
  • 1 port for agricultural exports, the Savannah plant will produce controlled-release fertilizers (CRF) for the turf, ornamental, specialty and broadacre markets.
  • The new facility, to be located at SeaGate Terminals, will complement Pursells existing production plant in Sylacauga, Alabama, with a significant increase in capacity and improved access to raw materials.
  • The Savannah plant is expected to be operational by year end, and further Pursell expansion announcements are anticipated soon.

Wheelock Street Capital Announces Acquisition of Perry Lane Hotel, a Luxury Collection Hotel, Savannah

Retrieved on: 
Tuesday, May 25, 2021

The Property benefits from an exceptionally central location within the Savannah Historic District proximate to the Bull Street Corridor and Chippewa Square.

Key Points: 
  • The Property benefits from an exceptionally central location within the Savannah Historic District proximate to the Bull Street Corridor and Chippewa Square.
  • This is demonstrated in 9 straight years of record visitor spending and 10 straight years of record visitation prior to the COVID-19 pandemic.
  • Hodges Ward Elliott (HWE) arranged the sale of Perry Lane Savannah.
  • Wheelock is currently deploying its sixth fund in its value-added series, Wheelock Street Real Estate Fund VI and its first perpetual life fund, Wheelock Street Long Term Value Fund.

Walls are going up at Savannah Port Logistics Center Building II, a 1,193,920 SF industrial facility serving the Savannah Port

Retrieved on: 
Friday, May 21, 2021

b'SAVANNAH, Ga., May 21, 2021 /PRNewswire/ -- Capital Development Partners is tilting walls and erecting steel for the 1,193,920 square foot Savannah Port Logistics Center Building II, ready for occupancy in Q3 2021 to serve the needs of both importer and exporters.\nBuilding II offers unique user optionality for dual rail service or cross dock to serve the growing needs of import and export customers at the Savannah Port.\nSavannah Port Logistics Center is a strategically located A++ location just 8 miles from the Savannah Port served by Jimmy Deloach Parkway, Highway 80, Interstate 16 and Interstate 95 in the heart of the Savannah high growth industrial market.\nSavannah Port Logistics Center Building II is supported by container facilities that will allow for 3,300 container storage spots, 490 rail car spots, excellent transloading capability and dual rail service provided by Genesee and Wyoming Railroad (GWRR), CSX and NSF.\nMassive demand for modern facilities in a land constrained market is fueled by the widening of the Panama Canal, the strategic position of the Savannah Port and the emergence of E-Commerce.\n"Savannah Port Logistics Center Building II is perhaps the most significant industrial facility available on the East Coast of the US.

Key Points: 
  • b'SAVANNAH, Ga., May 21, 2021 /PRNewswire/ -- Capital Development Partners is tilting walls and erecting steel for the 1,193,920 square foot Savannah Port Logistics Center Building II, ready for occupancy in Q3 2021 to serve the needs of both importer and exporters.\nBuilding II offers unique user optionality for dual rail service or cross dock to serve the growing needs of import and export customers at the Savannah Port.\nSavannah Port Logistics Center is a strategically located A++ location just 8 miles from the Savannah Port served by Jimmy Deloach Parkway, Highway 80, Interstate 16 and Interstate 95 in the heart of the Savannah high growth industrial market.\nSavannah Port Logistics Center Building II is supported by container facilities that will allow for 3,300 container storage spots, 490 rail car spots, excellent transloading capability and dual rail service provided by Genesee and Wyoming Railroad (GWRR), CSX and NSF.\nMassive demand for modern facilities in a land constrained market is fueled by the widening of the Panama Canal, the strategic position of the Savannah Port and the emergence of E-Commerce.\n"Savannah Port Logistics Center Building II is perhaps the most significant industrial facility available on the East Coast of the US.
  • The strategic location, large block of new space delivered in 2021 and the supporting infrastructure provides our customers with a significant competitive advantage.
  • "John Knox Porter, CEO of Capital Development Partners.\nCapital Development Partners is a national industrial and infrastructure developer headquartered in Savannah, Georgia with a strong track record of success and delighted customers.The company develops e-commerce, rail service industrial parks, build to suit and infrastructure in the top US gateway markets.
  • Current project markets include Savannah, Charleston, Houston and Newark port markets with A+ locations for our industrial customers.\n'