{"id":1004801850,"date":"2026-06-15T05:09:03","date_gmt":"2026-06-15T13:09:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004801850"},"modified":"2026-06-15T06:13:02","modified_gmt":"2026-06-15T14:13:02","slug":"prologis-sells-savannah-industrial-portfolio-for-75m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/prologis-sells-savannah-industrial-portfolio-for-75m\/","title":{"rendered":"Prologis Sells Savannah Industrial Portfolio for $75M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a301be260e75&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"460\" data-attachment-id=\"1004801744\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/portside-v-portfolio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg\" data-orig-size=\"1020,460\" 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=\"Portside-V-Portfolio\" data-image-description=\"&lt;p&gt;Image emailed to briefs&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The five industrial buildings in the Portside V Portfolio are fully leased. Image courtesy of JLLL&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg?w=1020\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg?w=1020\" alt=\"A collage of the five industrial properties in the Portside V Portfolio.\" class=\"wp-image-1004801744\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg 1020w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg?resize=300,135 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/Portside-V-Portfolio.jpg?resize=768,346 768w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The five industrial buildings in the Portside V Portfolio are fully leased. Image courtesy of JLLL<\/figcaption><\/figure><\/div>\n\n\n<p>Sanders Equities has acquired a five-building infill industrial portfolio in Savannah, Ga., for $75.1 million. Prologis sold the 737,050-square-foot collection, known as the Portside V Portfolio, in a deal arranged by JLL Capital Markets.<\/p>\n\n\n\n<p>The portfolio, which is on a total of nearly 52 acres, is fully leased to five tenants in the logistics and distribution sectors. The buildings date from the late 1990s to the late 2000s.<\/p>\n\n\n\n<p>The portfolio includes 405 Expansion Rd., 190 Gulfstream Rd., 194 Gulfstream Rd., 198 Gulfstream Rd. and 318 Grange Rd. The properties are between a half mile and 3.6 miles from the Port of Savannah&#8217;s Garden City Terminal, which is North America&#8217;s largest single-terminal container facility.<\/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\/industrial-report-energy-shock-shifts-site-selection\/\">May 2026 National Industrial Report<\/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 buildings feature clear heights from 21 to 28 feet, 62 dock-high doors, eight drive-in doors and truck courts measuring 109 feet to 162 feet. Four of the properties include trailer parking or outdoor storage components.<\/p>\n\n\n\n<p>The privately held Sanders Equities specializes in the acquisition and long-term ownership of industrial and other commercial properties along the East Coast, especially in the New York tri-state area and Savannah. The firm has interests in over 3 million square feet of assets.<\/p>\n\n\n\n<p>The JLL Capital Markets team that represented Prologis in the deal was led by Senior Managing Directors Britton Burdette and Dennis Mitchell and Managing Directors Jim Freeman and Maggie Dominguez. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-savannah-s-active-industrial-market\">Savannah&#8217;s active industrial market<\/h2>\n\n\n\n<p>The Savannah industrial market enjoyed 1.8 million square feet of net absorption during the first quarter of 2026, nearly double the previous quarter, according to JLL data. Leasing activity reached 2.3 million square feet across 10 deals, and vacancy came in at 9.8 percent, flat year-over-year.<\/p>\n\n\n\n<p>In April, Crow Holdings Capital secured a $70.2 million <a href=\"https:\/\/www.commercialsearch.com\/news\/crow-holdings-lands-70m-refi-for-savannah-facility\/\">refinancing loan for Terminal East<\/a>, a 915,000-square-foot industrial campus in Savannah. The industrial asset came online in 2023 on a 71-acre site.<\/p>\n\n\n\n<p>At the end of 2025, a joint venture between Transwestern Development Co. and Transwestern Investment Group started work on Buildings 5 and 6 at <a href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-jv-to-develop-529-ksf-savannah-project\/\">North Gate Industrial Park<\/a> in Savannah The facilities will total 528,560 square feet on more than 30 acres.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The collection of assets spans 52 acres.<\/p>\n","protected":false},"author":1023,"featured_media":1004801745,"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":[32796,32956,52895],"class_list":["post-1004801850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-southeast","tag-jll","tag-prologis","tag-sanders-equities"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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