Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Savannah
JPMorgan’s Non-Traded REIT Completes Latest Purchase; Portfolio Now Totals 7 Assets
JPMorgan Real Estate Income Trust Inc. has paid $73.2 million for the recently completed Savannah Transload Facility, a 136,240-square-foot industrial property on a 60-acre site in Garden City, Ga., just outside of Savannah, Ga. The non-traded REIT, launched just seven ...
$135.9Mln CMBS Loan Against Ga. Mall Doesn’t Pay Off at Maturity, Moves to Special Servicer
Commercial Real Estate Direct Staff Report The $135.9 million CMBS loan against the Oglethorpe Mall in Savannah, Ga., has transferred to special servicer CWCapital Asset Management as it has matured without getting paid off. The loan is split into two ...
ACRE Lends $26.5Mln Against Recently Built Apartments in Savannah, Ga.
ACRE has provided $26.5 million of financing for the Lowe, a recently constructed apartment property with 135 units in Savannah, Ga. The loan was funded through the Atlanta alternative lender's ACRE Credit Fund II, which it had launched only recently ...
Savannah Centre & Chatham Plaza
The Savannah Centre property was constructed in 1986 and is 81 percent occupied by tenants that include TJ Maxx, Shoe Carnival, JoAnn, Five Below and Rack Room Shoes. It's shadow anchored by a Burlington. The Chatham Plaza property, meanwhile, was ...
2 Retail Properties in Savannah, Ga., Sell for $63Mln
JBL Asset Management has paid $63 million for a pair of retail centers with a total of 384,119 square feet in Savannah, Ga. The Hollywood, Fla., investment manager, which owns 2.5 million sf of retail space, bought the two properties ...
Furniture Retailer Leases 465,250 SF of Industrial Space Near Savannah, Ga.
Commercial Property Executive Rooms To Go has agreed to fully lease the 465,250-square-foot Building E at the Cubes at Interstate Centre II in Ellabell, Ga. Colliers brokered the lease on behalf of the furniture retailer, while JLL represented the owner ...
TerraCap Pays $116Mln for Industrial Properties in Savannah, Ga., Area
TerraCap Management LLC has paid $116 million, or $105.50/sf, for two industrial buildings with 1.1 million square feet in Rincon, Ga., which is just northwest of Savannah, Ga. The two buildings, Savannah Gateway 1F, at 1008 Gateway Parkway, and Savannah ...
‘Horizontal’ Apartment Property in Georgia Sells for $73Mln
Wilkinson Corp. has paid $73 million, or $289,683/unit, for the 252-unit Beacon Place Godley Station apartment property in Savannah, Ga. The recently completed property was developed by an affiliate of IMS Development of Northport, Ala., at 165 West Mulberry Blvd., ...
5.4Mln-SF Industrial Complex Breaks Ground in Savannah, Ga.
Atlanta Business Chronicle Capital Development Partners has broken ground on the first phase of the 5.4 million-square-foot Central Port Logistics Center at Rockingham in Savannah, Ga. The Atlanta developer is constructing the seven-building industrial complex near interstates 95 and 16 ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
