RIVR RE recently brokered the off market sale of a 10.0-acre IOS property located at 290-310 Telfair Rd in Savannah, Georgia to Open Industrial, an investment company focused on acquiring mission critical IOS properties.
The site, developed in 2019, is 4 miles from both Ocean and Garden City Terminals, 1.3 miles to I-16, and provides leasing optionality from 1.8ac to 7.5ac.
Offering rare Heavy Industrial (I-H) zoning within the City of Savannah, the fully upland property has 2400sf of office, can accommodate container stacking and a wide range of user profiles.
The deal was brokered by David Gaule and final sales price was $6.2M