News Summary
JLL Capital Markets has announced the sale of the NFI Distribution Center Savannah, a 1,026,606-square-foot Class-A facility in Rincon, Georgia. The property, sold by Becknell Industrial and Goldman Sachs Alternatives to Stockbridge, is fully leased to NFI Industries. Completed in 2022, the distribution center boasts modern logistics features, including high clear heights and ample truck courts. Its strategic location near major transport routes enhances its operational efficiency as demand for premium distribution facilities continues to grow in the Savannah area.
Rincon, Georgia – JLL Capital Markets Finalizes $X Million Sale of Class-A Distribution Facility
JLL Capital Markets has successfully announced the sale of the NFI Distribution Center Savannah, a prime 1,026,606-square-foot Class-A distribution facility located in Rincon, Georgia. The transaction was executed by a joint venture between Becknell Industrial and Goldman Sachs Alternatives, who served as the sellers, and Stockbridge, the buyer. Exact sale details remain undisclosed.
Completed in 2022, the distribution center is strategically designed for modern logistics. Features of the facility include 40-foot clear heights, 190-foot truck courts, and 102 dock levelers, which enhance its operational efficiency. Furthermore, the center includes 270 trailer parking spaces, with plans to expand capacity to 307 spaces, accommodating large transportation services and fleet requirements.
The property is currently fully leased to National Distribution Centers, LLC, operating as NFI, a subsidiary of NFI Industries. This secure tenant relationship is expected to contribute to the facility’s ongoing value and investment potential.
Strategic Location and Accessibility
Situated at 1200 Logistics Parkway, the distribution center is well-positioned just 10.7 miles from the Georgia Ports Authority’s Garden City Terminal and 4.9 miles from Interstate 95. This advantage grants the facility exceptional access to major transportation routes, making it a vital hub for logistics and distribution in the region.
The site forms part of the Old Augusta Commerce Center, a master-planned industrial park intended to accommodate 4.7 million square feet of industrial space across six buildings. This development exemplifies the growing demand for modern distribution centers in Georgia, aided by its strategic positioning within key transportation infrastructures.
Market Insights
The Savannah industrial market has experienced robust growth, primarily fueled by record cargo volumes and significant infrastructure enhancements. Recent reports indicate that Savannah recorded a net absorption of 2.8 million square feet in the first quarter of 2025, making it the highest in the nation as a percentage of inventory. This surge mirrors the ongoing demand for high-quality distribution facilities in response to evolving consumer needs.
JLL Capital Markets Team
The JLL Capital Markets team that facilitated this sale comprised several seasoned professionals, including Senior Managing Directors Britton Burdette, John Huguenard, Dennis Mitchell, and Managing Directors Jim Freeman and Maggie Dominguez. Their expertise in recognizing and executing real estate opportunities has significantly contributed to the successful sale of this distribution facility.
Background on JLL Capital Markets
JLL Capital Markets operates as a full-service provider of capital solutions for real estate investors and occupiers on a global scale. With over 3,000 specialists across nearly 50 countries, JLL offers a comprehensive suite of services tailored to meet the evolving demands of the real estate market. Its commitment to excellence in property transactions positions the firm as a leader in the capital markets sector.
This transaction underscores the continued viability of investment opportunities within the Rincon area, as demand for premium distribution spaces remains high in the rapidly evolving logistics sector.
Deeper Dive: News & Info About This Topic
HERE Resources
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Additional Resources
- ConnectCRE
- JLL Capital Markets
- Commercial Search
- Savannah Now
- WTOC
- Wikipedia: Logistics
- Google Search: Distribution Centers in Georgia
- Google Scholar: Distribution Centers Georgia
- Encyclopedia Britannica: Distribution Centers
- Google News: Savannah Distribution Center
Author: STAFF HERE SAVANNAH WRITER
SAVANNAH STAFF WRITER The SAVANNAH STAFF WRITER represents the experienced team at HERESavannah.com, your go-to source for actionable local news and information in Savannah, Chatham County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Savannah Music Festival, St. Patrick's Day Parade, and Savannah Jazz Festival. Our coverage extends to key organizations like the Savannah Area Chamber of Commerce and United Way of the Coastal Empire, plus leading businesses in aerospace, education, and logistics that power the local economy such as Gulfstream Aerospace, Savannah College of Art and Design, and Colonial Group. As part of the broader HERE network, including HEREAtlanta.com and HEREAugusta.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
