DWS Acquires Industrial Property In Savannah From Scannell Properties For $50.8M

The sale involved the Rockingham Farms Building 10, a 413,230-square-foot distribution center located at 101 Feldspar Dr in Savannah, GA. The property, a fully leased Class A asset with strategic proximity to the Port of Savannah's Garden City Terminal, was sold by Scannell Properties to DWS for $50.8 million.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $50,800,000
• Market: Savannah, GA
• SF: 413,230
• PPSF: $123
• BUYER: DWS
• SELLER: Scannell Properties
• BROKERS: Britton Burdette, Dennis Mitchell, Jim Freeman & Matt Wirth - JLL

The deal was facilitated by JLL's Britton Burdette, Dennis Mitchell, Matt Wirth, and Jim Freeman, emphasizing their role in the successful transaction between Scannell Properties and DWS for the industrial property in Savannah, GA.