Georgia International Commerce Centre - Bldg. 2_Property for Sale
Georgia International Commerce Centre - Bldg. 2_Property for Sale

Georgia International Commerce Centre - Bldg. 2

110 Commerce Parkway, Ellabell, GA, 31308, US

Description

On behalf of Ownership, Jones Lang LaSalle America, Inc. (“JLL”) has been retained as the sales representative for Georgia International Commerce Centre – Bldg. 2 (the “Property”). This state-of-the-art, multi-tenant, Class A distribution facility spans 983,791 SF and is situated in the thriving Hyundai Micro Market of Savannah, Georgia. The property boasts a prime location just 3 miles from the newly constructed Hyundai Metaplant and 22 miles from Savannah’s thriving Garden City Terminal. Strategically positioned on Hwy 80 near the I-16 and U.S. Hwy 280 interchange – less than 3 miles away – it offers exceptional access to Savannah’s major logistical corridors. Additionally, this location provides the best launch point out of the market via I-16, the primary artery connecting Savannah to Atlanta and other key U.S. markets.


The Property is 100% leased to CFS Brands and Sino Investment, Inc. with a weighted average lease term of 8.6 years and weighted-average annual escalations of 3.62%, providing investors the potential to acquire a stable cash flow stream with strong contractual rental increases and an embedded 11% mark-to-market opportunity. Recently delivered in 2023, the institutional quality, cross-dock asset features 40’ clear height, 520’ building depth, 45-mil TPO roof with 13-years of remaining warranty, and 228 dock-high doors.


In terms of market performance metrics, Savannah's dominance is clear. The market ranked first nationally in tracked tenant demand as a percentage of inventory in 2022, 2024, and 2025, with a second-place ranking in 2023. In 2024 alone, Savannah achieved 22.2 million square feet of net absorption, representing a 71% year-over-year increase and ranking first among all national markets. This momentum continued in 2025, with Savannah once again leading all U.S. markets in net absorption as a percentage of inventory at 5.0% while achieving 7.9 million SF of absorption.

...

Attributes

Building area net
983,791 sf
Occupancy
100%
WALT
8.6 years
Mark-to-Market
11%
Year built
2023
Clear height
40 ft
Tenants
2

Media

Investment Highlights

CLASS A+ DESIGN & CONSTRUCTION

  1. Core, Class A+, 983,791 SF distribution facility
  2. Cross-dock configuration designed for multi-tenant functionality
  3. Built 2023
  4. 40’ clear height
  5. 45-mil TPO roof with R15 insulation (13 years of remaining warranty)

FINANCIAL HIGHLIGHTS

  1. 100% leased to 2 tenants with 8.6 years of WALT
  2. 11% mark-to-market opportunity
  3. Strong weighted average annual rent escalations of 3.62%

SAVANNAH INDUSTRIAL MARKET - 2025

  1. Absorption - 7.9M SF (1st in nation as a % of inventory)
  2. Leasing - 10.2M SF in 2025
  3. Rent Growth - 44% since 2021, reflecting a CAGR of 9.5%
  4. New Development - 2025 completions down over 90% YoY & under construction down 32% YoY
  5. Tenant Demand - 24.2M SF (3rd in nation as a % of inventory)

WEST SUBMARKET

  1. 2nd largest in Savannah - 27M SF
  2. 3.2% vacancy rate
  3. 4.4M SF of net absorption in 2025 - highest of any submarket in Savannah

HYUNDAI MICRO MARKET

  1. 4.8M SF of net absorption in 2025 - 62% of Savannah total
  2. 8.0% vacancy rate
Georgia International Commerce Centre - Bldg. 2 4_Property for Sale
Georgia International Commerce Centre - Bldg. 2 4_Property for Sale

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Georgia International Commerce Centre - Bldg. 2 (0 Properties)

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Last updated
20 Jan 2026