HomeNewsCoastal Trade Center to be developed in Georgia

Coastal Trade Center to be developed in Georgia

Trammell Crow and MetLife Investment Management have partnered to develop a Coastal Trade Center industrial campus in Effingham County near Savannah. Previously, the joint venture partners purchased a 477-acre site from Greenland Developers to build the new Class A logistics project. JLL represented the seller in the transaction.

The Coastal Trade Center will be built in two phases, with phase I set to break ground by March. The project’s site is at Rincon, along State Highway 21, which is about 14 miles from Georgia’s Port of Savannah. Therefore, its location allows direct access to Interstates 16 and 95, and it’s also in close proximity to Atlanta’s CBD.

Search for construction leads
  • Region/Country

  • Sector

The developers believe the project will add much-needed Class A space to the tightest industrial market in the US. The first phase is due for delivery by the fourth quarter of 2024.

Also Read Lovett Industrial to develop 610 Business District in Houston

Development plans for the Coastal Trade Center project 

The Coastal Trade Center was designed as a 4.7 million square foot industrial campus, spread across six buildings. In the initial construction phase, the project will focus on building three cross-dock buildings. The three buildings will encompass 1.2 million SF, 641,000 SF, and 474,000, respectively. Meanwhile, Phase II will be focused on building two cross-dock buildings and a 363,000 SF front-load building. The two cross-dock buildings will be 1.4 million SF and 612,000 SF, respectively.

Trammell’s senior VP Will Lombard said the Coastal Trade Center would provide future tenants with scalability and port accessibility. He pointed out that this was particularly important in a market with a vacancy rate of under 1%. JLL will be handling the leasing services for the project. Executive Vice President Bennett Rudder will lead JLL’s leasing team, along with Senior Managing Directors, Ryan Hoyt, and Chris Tomasulo.

Besides the Coastal Trade Center, another major industrial project coming to the region is the Logistics 16 at Ottawa Farms. McCraney Property has secured a $62.8 million construction loan for the initial phase of the project in Bloomingdale, Georgia.

Must Read

Arror and Kimwarer dams in Kerio Valley, Kenya

Four years after being halted, work on the Kerio dams, consisting of the Arror and Kimwarer dams, is set to resume. This comes after...

Construction of new homes for deportees in Rwanda launched

The foundation stone has been laid for the construction of new homes for deportees in Rwanda. According to Rwanda's Infrastructure Ministry, the project will have...

Plans approved for construction of 32-storey tower at Leadenhall Market in London

Plans have been approved for the construction of a 32-storey tower at Leadenhall Market in London. The Square Mile's "tourist appeal" will be boosted...

The Netherlands to build the world’s largest offshore hydrogen production plant

For the construction of the world’s largest offshore hydrogen production plant in the Netherlands, the Dutch government has selected an area. The area is...

Top construction companies in South Africa

Over the years, South Africa’s construction industry has faced challenges fraught with labor unrest, substantial delays on some of the country’s major construction projects,...

Dosti Realty Launches The Dosti Eden Residential Project

Leading real estate builder and developer in Mumbai and Thane Dosti Realty, has launched phase 2 of the Dosti Eden Residential Project. Similar to the...


Please enter your comment!
Please enter your name here