{"id":1004632772,"date":"2022-11-28T04:01:00","date_gmt":"2022-11-28T12:01:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004632772"},"modified":"2022-12-09T02:55:33","modified_gmt":"2022-12-09T10:55:33","slug":"seefried-begins-work-on-4-msf-industrial-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/seefried-begins-work-on-4-msf-industrial-campus\/","title":{"rendered":"Seefried Begins Work on 4 MSF Industrial Campus"},"content":{"rendered":"<div id=\"attachment_1004632780\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004632780\" data-attachment-id=\"1004632780\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/seefried-begins-work-on-4-msf-industrial-campus\/live-oak-logistics-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Live Oak Logistics Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Live Oak Logistics Center. Image courtesy of Seefried Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg?w=800\" class=\"wp-image-1004632780 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg?w=300\" alt=\"Live Oak Logistics Center\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/11\/Live-Oak-Logistics-Center.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004632780\" class=\"wp-caption-text\">Live Oak Logistics Center. Image courtesy of Seefried Properties<\/p><\/div>\n<p><strong>Seefried Properties<\/strong> has begun site work for its 287-acre Live Oak Logistics Center in Savannah, Ga., a facility that\u2019s planned to include more than 4 million square feet of Class A distribution and manufacturing space.<\/p>\n<p>The site is on Dean Forest Road, less than a quarter-mile north of I-16 and about 3 miles from I-95. It\u2019s also within 6 miles of the Georgia Ports Authority\u2019s Garden City Terminal, the third-largest and reportedly the fastest-growing container terminal in the U.S.<\/p>\n<p>Live Oak Logistics Center is also 15 miles from the Hyundai electric vehicle assembly and battery factory that\u2019s scheduled to open in 2025.<\/p>\n<p>The campus will eventually feature a total of five build-to-suit and speculative buildings ranging from 252,000 to nearly 1.4 million square feet. The first speculative building, of 669,760 square feet with a cross-dock configuration, is scheduled for delivery in the fourth quarter of 2023.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-industrial-transactions-in-chicago\/\">Top 5 Industrial Transactions in Chicago<\/a><\/p>\n<hr>\n<p>Live Oak\u2019s buildings will feature 40-foot clear heights as well as, according to Seefried, generous full concrete truck courts with ample auto and trailer parking.<\/p>\n<p>In a prepared statement, Greg Herren, senior vice president &amp; COO of Seefried, called the Live Oak location \u201cone of the largest infill sites in Savannah with unmatched access to the port and immediate connectivity to major highways.\u201d<\/p>\n<p>Leasing will be led by Stephen Ezelle and Bob Robers of Cushman and Wakefield.<\/p>\n<h2>Surge by the sea<\/h2>\n<p>Just a week ago, <strong>TerraCap Management<\/strong> announced its <a href=\"https:\/\/www.commercialsearch.com\/news\/terracap-acquires-790-ksf-industrial-building\/\">purchase of a 790,000-square-foot industrial property<\/a> in Rincon, Ga., which was TerraCap\u2019s second purchase of a building this year in the Savannah Gateway Industrial Hub.<\/p>\n<p>At 58 million square feet, the Dean Forest\/Pooler submarket encompasses more than half of metro Savannah\u2019s 94 million square feet of industrial space. While the metro area has a total availability of 13.1 percent, the submarket enjoys an availability of just 6.3 percent, according to a third-quarter report from <strong>JLL<\/strong>.<\/p>\n<p>Both the metro and the Dean Forest\/Pooler submarket face a surge in deliveries, however, with 22 million square feet of space under construction across the Savannah region and 7.5 million of that in the submarket, JLL reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live Oak Logistics Center will soon rise across 287 acres in Savannah, Ga.<\/p>\n","protected":false},"author":882,"featured_media":1004632780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21748,21742],"tags":[32799,32796,39726,35870],"class_list":["post-1004632772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-industrial","category-latest","tag-cushman-wakefield","tag-jll","tag-seefried-industrial-properties","tag-terracap-management-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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