Maersk Distribution Services will be the building's tenant.Maersk Line has operated at the Port of Savannah since 2007,expanding its trade capabilities to India, the Mediterranean andthe Middle East.


"We're pleased to add Maersk to our outstanding roster ofclients in Savannah," says Chris Brown, Duke's senior vicepresident in Atlanta. He notes that the size of Duke's Savannahportfolio provides tenants such as Maersk with flexibility as wellas financial strength.


Indianapolis, IN-based Duke owns 6.7 million square feet ofindustrial buildings and land in the Savannah market, which totalsnearly 41 million square feet in Chatham, Bryan, Liberty andEffingham Counties. Overall, Duke owns and operates 135 millionsquare feet in 20 cities across the US.


John Neely of Colliers Neely Dales represented Maersk in leasenegotiations, while Brian Sutton of Duke negotiated on behalf ofthe owner. Additional terms were not disclosed.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.