IPA Capital Markets, a division of Marcus & Millichap, arranged $77.3 million in non-recourse financing for the construction of Central Port Logistics Tract 3 in Savannah, Georgia. The financing was secured for Capital Development Partners.
Central Port Logistics Tract 3 will consist of three speculative industrial buildings totaling 1,222,560 rentable square feet, located near the Port of Savannah. The project is anticipated to be fully leased and tenant-occupied by November 2026.
The level of lender interest for this project highlights the strength of Capital Development Partners and the Port of Savannah market. This non-recourse, life company construction loan will fund vertical construction and lease-up, demonstrating IPA Capital Markets' ability to deliver competitive terms for large-scale industrial developments.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.