JLL Capital Markets led the sale efforts for Interstate West’s Building C
News release
11 September 2024
Clark Associates Distribution Center near Savannah, GA sold to Transwestern Investment Group
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ATLANTA, Sept. 11, 2024 – JLL Capital Markets announced today the sale of Building C of Interstate West, a 1,157,333-square-foot Class A industrial facility near Savannah, Georgia.
JLL represented the seller, VanTrust Real Estate, in the sale to Transwestern Investment Group.
Built in 2022, the property features 185-foot truck court depths, 212 dock-high doors, four drive-in doors, 244 auto spaces and 270 trailer spaces. Building C is fully leased to Webstaurant Store, Inc., a subsidiary of Clark Associates, Inc and stands as the largest online wholesale restaurant supplier in the entire country.
Strategically located at 77 Logistics Dr. in Ellabell, Georgia, this state-of-the-art industrial facility is part of the expansive 515-acre Interstate West industrial park. Its prime location offers exceptional accessibility to key transportation hubs such as the Port of Savannah, Interstate 95, the Savannah/Hilton Head International Airport and major markets including Atlanta, Orlando and Charlotte, all within a convenient four-hour drive.
The JLL Investment Sales and Advisory team was led by Senior Managing Directors Britton Burdette, John Huguenard, Matt Wirth and Dennis Mitchell along with Director Jim Freeman.
“The industrial market in Savannah has continued to be one of the best performing markets in the country, fuelled by strong tenant demand and large cargo increases at the Port,” said Burdette.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About VanTrust Real Estate
VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement. Product types include office, industrial, multifamily, mixed-use and science + technology. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustre.com.
About Transwestern Investment Group
Transwestern Investment Group (TIG®), a real estate investment adviser, seeks to provide value to institutional and high-net-worth clients through what we believe to be compelling, thematic investment opportunities across property types and risk profiles within the United States. Part of the Transwestern companies, we have sourced and executed more than $7 billion of real estate investments to date in 26 markets.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Through offices nationwide, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.