Goldman Sachs Alternatives Acquires Rockingham Farms Building 9 In Savannah For $100.6 Million

The property asset involved in this transaction is Rockingham Farms Building 9, a Class A distribution center located at 125 Feldspar Dr in Savannah, GA. The sale price was $100,600,000 for an industrial facility with a total area of 942,210 square feet, which reflects a price per square foot of approximately $107.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $100,600,000
• Address: 125 Feldspar Dr
• Market: Savannah, GA
• Square Footage: 942,210
• Price Per Square Foot: $107
• Buyer: Goldman Sachs Alternatives
• Seller: Scannell Properties
• Brokerage: JLL
• Broker Representatives: Britton Burdette, Dennis Mitchell, Jim Freeman & Matt Wirth

Goldman Sachs Alternatives executed the acquisition of the industrial asset with the representation of JLL. This transaction facilitated the transition of ownership from Scannell Properties to Goldman Sachs Alternatives, involving key brokerage professionals in the closing process.