November 18 – Groundbreaking for the first phase of the Georgia International Commerce Center | highlighted

November 18, 2022 – Savannah’s continued transformation into one of the most powerful commercial centers in the United States has taken a major step forward with the news that SJP Properties has broken ground on the first phase of construction of the Georgia International Commerce Center (GICC), a 6.5 million square foot, 12-building Class A industrial facility, with vertical construction of the first building for which it is partnering with Manulife Investment Management now underway. The GICC, which represents SJP’s largest land acquisition to date, is located on 809 acres of industrial land near the Port of Savannah, the nation’s most dynamic commercial hub and fastest growing container port, and is part of a joint venture with Chesterfield and Atalaya Capital Management.

Conceptual plans for the GICC site call for 12 buildings ranging in size from 250,000 to 1,300,000 square feet, each with cross-dock, front-load or rear-load configurations. The first building spans over one million square feet and is a Class A cross-dock facility with a 40-foot headroom. 228 dock doors; four access ramps; 273 trailer spaces; a 185-foot-deep truck bay; and parking spaces for around 190 employees. The building is scheduled to be handed over in July 2023 and is available for rent.