- Tuesday, November 22, 2022
- Savannah, GA
News Release: Site Work Begins on 4 MSF Industrial Center Near Savannah Port
(Savannah, GA) (November 22, 2022) – Seefried Properties, a national real estate firm specializing in the development, leasing and management of industrial properties is pleased to announce the commencement of site work at Live Oak Logistics Center. This 287-acre distribution center is fully entitled to accommodate over 4 MSF of modern, Class A distribution and manufacturing space at full build out. The project will cater to a variety of tenant space needs with build-to-suit and speculative building options ranging from 252,000 to 1,381,000 square feet of space across five buildings. The first speculative building is set to be delivered in the fourth quarter of 2023 and will include 669,760 square feet of space with a cross-dock configuration.
Live Oak Logistics Center is strategically located within 6 miles of the Georgia Ports Authority Garden City Terminal - the Nation’s third largest and fastest growing container terminal. The site provides direct access to Interstates 16 and 95, affording tenants access to several major markets, including Atlanta, Orlando and Charlotte within a four-hour drive. Live Oak Logistics Center is also 15 miles from the future Hyundai electric vehicle assembly and battery factory which is scheduled to open in 2025.
“Live Oak Logistics Center is one of the largest infill sites in Savannah with unmatched access to the port and immediate connectivity to major highways,” said Greg Herren, Senior Vice President and COO of Seefried. “The site also benefits from signal improvements to Dean Forest Road, less than a fourth of a mile from Interstate 16. It is an extremely efficient site to support high-speed port logistics.”
Buildings at Live Oak Logistics Center will feature best-in-class specifications including 40-foot clear heights and generous full concrete truck courts with ample auto and trailer parking.
Leasing efforts for the project will be led by Stephen Ezelle and Bob Robers of Cushman and Wakefield.
With the largest concentration of import and distribution centers on the east coast, Savannah has attracted a host of major corporate retailers which occupy major footprints such as Shaw, Target, Home Depot, Wayfair, a major e-commerce retailer and others.
About Seefried Properties:
Founded in 1984 by Ferdinand Seefried, Seefried Properties is a privately held real estate firm that focuses on the development, leasing and management of industrial properties across the United States. The firm primarily focuses on development in core industrial markets and build-to-suits with tenants in core and second-tier markets. Seefried leases and manages approximately 25 million square feet for its institutional and European clients and has developed over 200 million square feet of space valued in excess of $18 billion across 120+ markets. Based in Atlanta, the firm has regional offices in Dallas, Chicago, Los Angeles and Phoenix. For more information, please visit www.seefriedproperties.com
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