Jones Lang LaSalle Inc.
09/15/2025 | Press release | Distributed by Public on 09/15/2025 09:42
JLL secures $72M sale of Savannah 548K SF distribution center
ATLANTA, Sept. 15, 2025 - JLL Capital Markets announced today the $72 million sale of I-16 Logistics Center, a 548,818-square-foot, Class A distribution facility located in Ellabell, Georgia.
JLL represented the seller, Dayton Street Partners, in the sale. A client advised by MetLife Investment Management purchased the asset.
The state-of-the-art, multi-tenant distribution center is situated in the West submarket of the Savannah industrial market, just 20.8 miles from Savannah's Garden City Terminal and adjacent to the I-16/U.S. 280 interchange. The property is positioned directly across I-16 from the 17 million-square-foot Hyundai Metaplant, making it an ideal location for both automotive suppliers and port-related operations.
Built in 2023, I-16 Logistics Center, which is fully leased, features 36-foot clear heights, 185-foot truck court depth, 112 trailer parking spaces, 298 auto parking spaces and 92 dock-high doors with 45 mechanical pit levelers.
The JLL Capital Markets team representing the seller was led by Senior Managing Directors Britton Burdette and Dennis Mitchell, along with Managing Directors Jim Freeman, Bobby Norwood and Maggie Dominguez.
"This asset exemplifies excellence across all criteria, boasting a strategic location in proximity to the Hyundai Metaplant, robust credit tenancy and mission-critical operations in a key market position," said Burdette. "The I-16 Logistics Center represents an exceptional opportunity to leverage the synergy between port-driven and manufacturing-driven demand within a thriving southeastern market, which has demonstrated remarkable performance, achieving the highest year-to-date absorption as a percentage of inventory on a national scale."
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 $23.4 billion and operations in over 80 countries around the world, our more than 112,000 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 Dayton Street Partners
Dayton Street Partners is a commercial real estate investment firm focused on the acquisition and development of industrial and logistics properties. Based on its thorough knowledge of the real estate market and strong established relationships, Dayton Street Partners continues to offer quality investments to its valued partners.
Jones Lang LaSalle Inc. published this content on September 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 15, 2025 at 15:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]