Conor is pleased to report the expansion of its industrial development operations into Savannah, Georgia. Savannah boasts the nation’s third largest container port and a diverse economy that shows no signs of slowing. Not only has the port’s cargo volume doubled to 4.5 million TEUs from 2009, the Georgia Port Authority announced a $5 billion investment plan to bring Savannah to 11 million TEUs by 2030. Rising as an underdog against the nation’s largest ports in Los Angeles/Long Beach and New York/New Jersey, Savannah offers competitive advantages including lower cost container shipping, reduced transportation time to the East Coast and Midwest and is the leading U.S. port for exports including agricultural products. The city also attracts commerce from its major highways, rail network and airport.
In June 2021, Conor purchased a 137-acre site in Savannah to develop Southeast Gateway. The new speculative industrial development includes two buildings measuring 184,000 and 1,005,000 square feet with 32’ and 40’ clear heights, efficient design for truck movement, natural light and heavy trailer parking. The development will break ground this summer
Written by Brian Quigley, Executive Vice President at Conor Commercial Real Estate
