ATLANTA, June 30, 2025 - JLL Capital Markets announced the sale of the NFI Distribution Center Savannah, a 1,026,606-square-foot Class-A distribution facility located in Rincon, Georgia. The transaction was conducted on behalf of a joint venture between Becknell Industrial and Real Estate at Goldman Sachs Alternatives, with Stockbridge as the buyer. Completed in 2022, the facility boasts modern features such as 40-foot clear heights and extensive truck parking. It is strategically located near the Georgia Ports Authority's Garden City Terminal and Interstate 95, offering excellent logistical connectivity. The property is fully leased to NFI, a subsidiary of NFI Industries, and is part of the Old Augusta Commerce Center, which will eventually house 4.7 million square feet of industrial space. The JLL Capital Markets team leading the transaction included Senior Managing Directors Britton Burdette, John Huguenard, and Dennis Mitchell, along with Managing Directors Jim Freeman and Maggie Dominguez.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.