Goldman Sachs Pays $101M for Savannah Industrial Property from Scannell

Goldman Sachs Alternatives has paid $100.6 million for Rockingham Farms Building 9, a 942,210-square-foot, Class A distribution center in Savannah, Ga., Scannell Properties sold the asset with the assistance of JLL.

Completed in 2023, the building is at 125 Feldspar Drive in the Rockingham Farms Logistics Park, a new 10 million-square-foot industrial park located 8.3 miles from the Port of Savannah’s Garden City Terminal. The property is also close to Interstates 95 and 16, having direct access to Veterans Parkway along with other major Savannah corridors.

Scannell Properties
Courtney Lehman | Partner, Managing Director
Goldman Sachs (NYSE: GS)
Katie Bloom | Managing Director, Acquisitions/Dispositions

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