{"id":1004635376,"date":"2022-12-15T02:52:23","date_gmt":"2022-12-15T10:52:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004635376"},"modified":"2022-12-15T12:25:30","modified_gmt":"2022-12-15T20:25:30","slug":"savannah-business-park-lands-1-2-msf-in-leases","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/","title":{"rendered":"Savannah Business Park Lands 1.2 MSF in Leases"},"content":{"rendered":"
\"\"<\/a>

Southeast Gateway – Building 2. Image courtesy of Conor Commercial Real Estate<\/p><\/div>\n

Conor Commercial Real Estate<\/strong> has signed two full-building leases at its Southeast Gateway in Savannah, Ga. The 1.2 million-square-foot Class A industrial project<\/a>, scheduled for completion in the second quarter of 2022, was developed in a joint venture with WHI Real Estate Partners LP and is now fully leased. The project received $51 million in construction financing from CIBC Bank USA<\/strong>, CommercialEdge data shows.<\/p>\n

McShane Construction Co<\/strong>. provided design-build services for the development. Swiss Madison will occupy the 184,080-square-foot Building 1, while an integrated logistics company, Maersk Warehousing and Distribution Services, will occupy the roughly 1 million-square-foot Building 2. The industrial development\u2019s interior construction for the tenants is now underway, with occupancy planned for later in the month.<\/p>\n

A new industrial park near the Port of Savannah<\/h2>\n

Located at 400 and 450 Fort Argyle Road, Southeast Gateway\u2019s Building 1 offers 38 dock doors, 32-foot clear heights, 50 trailer parking spots and two drive-in doors, while the cross-dock Building 2 features 177 dock doors, 318 trailer parking spots, 40-foot clear heights and four drive-in doors. Both buildings are equipped with ESFR sprinklers and offer car parking.<\/p>\n

Situated on a 137-acre lot, the industrial campus is close to interstates 95 and 16, 13.8 miles from Savannah-Hilton Head International Airport and 18 miles from the Port of Savannah. The entire project’s preleasing prior to the completion of construction was due to its accessibility to the Port of Savannah area, said Conor Executive Vice President Brian Quigley in prepared remarks.<\/p>\n

Colliers\u2019 Savannah Office Principal Hilary Shipley negotiated on behalf of Conor Commercial Real Estate in both leasing agreements. CBRE Senior Vice President William Lattimore worked on behalf of Swiss Madison, while Lee & Associates\u2019 Executive Vice President & Principal Brett Chambless and Director Patricia Rainone (Donahue) worked on behalf of Maersk Warehousing and Distribution Services.<\/p>\n

Another industrial project near the Port of Savannah<\/a> is moving forward: McCraney Property Co. received $62.8 million in construction financing for Logistics 16’s Phase I, which will consist of three front-load buildings, totaling more than 1 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Conor Commercial’s industrial campus is now fully committed. <\/p>\n","protected":false},"author":2991,"featured_media":1004635377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21748,21742],"tags":[32789,44945,35498,36589,32762,36590],"class_list":["post-1004635376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-industrial","category-latest","tag-cbre","tag-cibc-bank","tag-colliers","tag-conor-commercial-real-estate","tag-lee-associates","tag-mcshane-construction"],"acf":[],"yoast_head":"\nSavannah Business Park Lands 1.2 MSF in Leases - CPE<\/title>\n<meta name=\"description\" content=\"Conor Commercial signed two leases at its Southeast Gateway in Savannah, Ga., totaling some 1.2 million square feet of industrial space.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savannah Business Park Lands 1.2 MSF in Leases\" \/>\n<meta property=\"og:description\" content=\"Conor Commercial signed two leases at its Southeast Gateway in Savannah, Ga., totaling some 1.2 million square feet of industrial space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-15T10:52:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-15T20:25:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Southeast-Gateway-Building-2-e1671025686350.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"903\" \/>\n\t<meta property=\"og:image:height\" content=\"678\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/\",\"name\":\"Savannah Business Park Lands 1.2 MSF in Leases - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Southeast-Gateway-Building-2-e1671025686350.jpg\",\"datePublished\":\"2022-12-15T10:52:23+00:00\",\"dateModified\":\"2022-12-15T20:25:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Conor Commercial signed two leases at its Southeast Gateway in Savannah, Ga., totaling some 1.2 million square feet of industrial space.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/savannah-business-park-lands-1-2-msf-in-leases\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Southeast-Gateway-Building-2-e1671025686350.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/12\/Southeast-Gateway-Building-2-e1671025686350.jpg\",\"width\":903,\"height\":678,\"caption\":\"Southeast Gateway - Building 2. 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