(To read more on the industrial market, click here.)
SAVANNAH, GA-Reno, NV-based DP Partners has entered themetro-area market with the acquisition of 1,810 acres where itplans to build two class A industrial parks with more than sixmillion sf of space.
The developer has signed a letter of intent to acquire a1,738-acre parcel in Meldrim, eight miles west of the Interstate16/Interstate 95 interchange and 15 miles west of the Port ofSavannah. Of the land, only 640 acres is developable. The land iscurrently owned by Effingham County Industrial DevelopmentAuthority, which has been working with DP over the past six monthsto create an industrial park.
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