JPMorgan Chase acquired a truck terminal near Georgia's Port of Savannah for a record high of $74.7 million, a further sign of investor interest in the transportation and logistics sector.
JPMorgan REIT Buys Savannah Truck Terminal for Record Price
Deal Marks Highest Price in 12-Month Period for Industrial Property in Savannah Market
By Andy Peters
CoStar News
August 8, 2023 | 6:16 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- JPMorgan Chase & Co.
Finance and Insurance
- InLight Real Estate Partners, LLC
Real Estate
- Black Salmon Capital
Professional, Scientific, and Technical Services
- JLL
Real Estate
- Contacts
- Mitchell Townsend
Vice President of Investments, Core5 Industrial Partners
- Jim Freeman
Director- Industrial Capital Markets, JLL
- Britton Burdette
Senior Managing Director, JLL
- Dennis Mitchell
Senior Managing Director, JLL
- Matt Wirth
Principal, BroadPoint Partners