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TerraCap Buys DHL-Anchored Distribution Center in One of Savannah’s Largest Industrial Deals This Year

Florida Firm Has Now Acquired More Than 1.3 Million Square Feet Since Entering the Market in May
DHL signed a lease in January to anchor the speculative 1H warehouse in the Savannah Gateway Industrial Hub. (CoStar)
DHL signed a lease in January to anchor the speculative 1H warehouse in the Savannah Gateway Industrial Hub. (CoStar)
By Nathaniel Bynum II
November 22, 2022 | 5:10 P.M.

TerraCap Management continued its run of investments in Savannah, Georgia, with its purchase of a new DHL-anchored distribution center in one of the market's largest nonportfolio industrial deals this year, according to CoStar information.

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