First Industrial Realty Trust Acquisition of 1200 Logistics Parkway, Savannah

United States

Deal value: $57,000,000

First Industrial Realty Trust acquired a 300,000 SF bulk warehouse near the Port of Savannah, with 36’ clear height and cross-dock configuration, to capitalize on port-driven demand.

First Industrial Realty Trust is acquiring a 300,000 SF bulk warehouse near the Port of Savannah to capitalize on surging port-driven logistics demand. The strategic motivation centers on expanding exposure to high-growth, supply-constrained coastal markets, leveraging Savannah’s status as a major U.S. logistics hub. The investment is timed to benefit from increased e-commerce, global trade flows, and tenant demand for modern, high-clearance, cross-dock facilities.