{"id":1004727658,"date":"2024-09-04T02:20:18","date_gmt":"2024-09-04T10:20:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004727658"},"modified":"2024-09-11T23:38:47","modified_gmt":"2024-09-12T07:38:47","slug":"vantrust-sells-industrial-facility-near-savannah","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/vantrust-sells-industrial-facility-near-savannah\/","title":{"rendered":"VanTrust Sells Industrial Facility Near Savannah"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004727659\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/vantrust-sells-industrial-facility-near-savannah\/building-a-interstate-west\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg\" data-orig-size=\"1000,750\" 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=\"Building A Interstate West\" data-image-description=\"&lt;p&gt;Exterior shot of Building A within Interstate West in Ellabell, Ga.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Building A came online last year and features 134 dock-high loading doors, four drive-in doors and 40-foot clear heights. Image courtesy of JLL&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg\" alt=\"Exterior shot of Building A within Interstate West in Ellabell, Ga.\" class=\"wp-image-1004727659\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Building-A-Interstate-West.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">Building A came online last year and features 134 dock-high loading doors, four drive-in doors and 40-foot clear heights.<em> Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>VanTrust Real Estate has sold Interstate West&#8217;s Building A, a 637,868-square-foot industrial facility in Ellabell, Ga., near Savannah. Goldrich Kest acquired the 2023-completed asset. JLL represented the seller. <\/p>\n\n\n\n<p>Fully leased by three tenants at the time of closing, the facility is part of the 515-acre Interstate West. The industrial park currently comprises three completed buildings totaling roughly 2.8 million square feet and an underway development expected to measure more than 2 million square feet.<\/p>\n\n\n\n<p>VanTrust completed Building A last year, using funds from a construction note originated by Wells Fargo Bank in August 2022, according to CommercialEdge information. The warehouse has 40-foot clear heights, 134 dock-high loading doors, four drive-in doors, 168 trailer stalls, 228 parking spots and a 185-foot truck court.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/cracks-showing-in-port-industrial-markets\/\">Cracks Show in Port Industrial Markets<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The distribution center is at 54 Logistics Drive, just off Interstate 16 and 26 miles from downtown Savannah. The location is 25 miles from the Port of Savannah and 23 miles from Savannah\/Hilton Head International Airport.<\/p>\n\n\n\n<p>JLL Senior Managing Directors Britton Burdette, John Huguenard, Matt Wirth and Dennis Mitchell, along with Director Jim Freeman, led the team that arranged the transaction on behalf of VanTrust.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vantrust-s-recent-industrial-activity\">VanTrust\u2019s recent industrial activity<\/h2>\n\n\n\n<p>VanTrust Real Estate has developed more than 58 million square feet of industrial space across 115 projects since its 2010 inception. The company&#8217;s total industrial volume is currently north of $4.7 billion.<\/p>\n\n\n\n<p>The firm is developing <a href=\"https:\/\/www.commercialsearch.com\/news\/w-p-carey-buys-1-2-msf-columbus-facility\/\">Sephora\u2019s build-to-suit facility in Avon, Ind.<\/a> The 745,672-square-foot distribution center is set to come online next summer and marks the second collaboration between the two companies.<\/p>\n\n\n\n<p>In April, VanTrust <a href=\"https:\/\/www.commercialsearch.com\/news\/w-p-carey-buys-1-2-msf-columbus-facility\/\">sold Building 2 of Rickenbacker Exchange at Commercial Point<\/a>, a 1.2 million-square-foot property in Commercial Point, Ohio. W.P. Carey paid $94.1 million for the speculative facility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completed last year, the building is part of a campus spanning more than 500 acres. <\/p>\n","protected":false},"author":3355,"featured_media":1004727659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,32781],"tags":[32796,39253,33102],"class_list":["post-1004727658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-southeast","tag-jll","tag-john-huguenard","tag-vantrust-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VanTrust Sells Industrial Facility Near Savannah - 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