Triten Actual Property has bought a three-property outside storage portfolio totaling 13.5 acres in an off-market transaction in Port Wentworth, Ga., within the Savannah space. The deal was sourced by Triten’s head of acquisitions, Zach Dobin. The vendor was Adana Capital and the portfolio is totally occupied by three drayage customers.
Situated at 60 Clifton and 18 and 34 Gulfstream Highway, the three properties are shut to one another, 3 miles from Savannah-Hilton Head Worldwide Airport and Georgia Ports Authority’s company workplace and 5 miles from Backyard Metropolis Terminal in Port Wentworth. The three drayage yards are additionally near interstates 95 and 16, permitting quick access to Colonel’s Island Terminal in Brunswick, Ga.
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In a market with restricted provide corresponding to Savannah, the acquisition of a portfolio so near the Backyard Metropolis Terminal is a uncommon discover, famous Triten Actual Property Companions’ Dobin.
With greater than 50 websites unfold throughout necessary markets within the U.S., Triten’s newest acquisitions included the addition of a 2.7-acre outside storage property within the Inland Empire space, in line with the corporate’s web site. Earlier in January, the agency expanded its Baltimore presence with the acquisition of two properties, totaling 15 acres.