The Broe Group's Savannah Gateway Industrial Hub Unveils Import Distribution Facility
Ryder Logistics to Operate New East Coast Hub for Global Manufacturing Client
SAVANNAH, Ga., June 29, 2021 /PRNewswire/ -- The Broe Group's, Savannah Gateway Industrial Hub (SGIH) has completed delivery of a new 388,400 square foot import distribution space to serve the park's second tenant. The new facility, operated by Ryder Logistics on behalf of a leading consumer products brand, joins A&R Logistics' new rail-served export operations in the park's first million square feet of industrial operations. Two additional speculative facilities are currently under construction to meet the booming demand at the Port of Savannah.
"Savannah Gateway supports multi-modal logistics solutions to the Southeastern United States while providing excellent proximity to the Port of Savannah and efficient access to global and domestic markets," said Broe Real Estate Group Senior Vice President Sean Fitzsimmons. "The park's location creates substantial transportation efficiencies that are compounded by OmniTRAX managed rail services that connect tenants with dual-rail service from CSX and Norfolk Southern. The strong park demand is a testament to the collaborative leadership at the Port of Savannah, Effingham County and the State of Georgia."
Paced by the strongest demand in its history, the Port of Savannah continues to set volume records. The Georgia Ports Authority expects to move more than 5.0 million TEUs (twenty-foot equivalent container units in the current fiscal year. Savannah's unmatched terminal operations, superior road and rail connections, and reliable third-party service providers, continue to attract strong import and export interest.
"Iconic consumer brands continue to leverage the Port of Savannah and Effingham County's Georgia Highway 21 corridor for import distribution facilities that serve supply chains of retail giants like Target, Walmart and Home Depot, as well as e-commerce powerhouses like Amazon and Wayfair. We look forward to welcoming more great employers into our community and the Savannah Gateway Industrial Hub," said Effingham County Industrial Development Authority CEO Brandt Herndon.
About The Broe Group
Founded in 1972, The Broe Group is a private, multi-billion-dollar investment group with diversified holdings in real estate, rail, infrastructure, energy, agriculture, water, healthcare and technology throughout 37 North American states and provinces. Its deep operational knowledge derived from owning and operating multi-billion-dollar businesses and the global economic insights gleaned from serving its vast Fortune 500 clientele are strategic differentiators. The Broe Group's entrepreneurial focus enables it to find true value wherever it resides. For more information, visit broe.com.
SOURCE Broe Real Estate Group
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