Harborview Logistics

For Sale

8800 Port Access Rd · Savannah, GA · Industrial · Dragonfly Industrial Holdings

Value

$44.0M

Basis

$33.0M

NOI

$2.6M

Occupancy

100%

Debt

$24.0M

Cap rate

6.0%

Business plan

Single-tenant logistics facility, 100% leased to national 3PL. Under LOI at a 5.5% cap; clearing title (UCC releases) to close.

Strategy

Marketed for sale

Hold period

Exiting

Acquired

Apr 4, 2022

Square footage

265,000 SF

Asset manager

A. Reyes

Lender

Truist

Sale90/100

Refinance84/100

Blocking readiness