JLL Secures $80M Loan For Main Gate Logistics Development Site In Savannah, GA

Maint Gate Logistics, a newly completed, 1.27 million square feet Class A industrial park in Savannah, Georgia, has secured an $80 million senior loan. The loan was secured by JLL Capital Markets for Main Gate Logistics, which was developed by McCraney Property Company.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $80,000,000
• Address: Prosperity Drive
• Market: Savannah, GA

JLL Capital Markets facilitated the loan for Main Gate Logistics, providing financial support for the development of the industrial park. McCraney Property Company, led by Steven McCraney, is the landlord and developer of the property. Mateo Bolivar, Melissa Rose, and Michael DiCosimo from JLL served as brokers in the transaction.