GTIS Partners Expands Industrial Footprint with New Acquisition in Savannah, Georgia

GTIS Partners Expands Industrial Footprint in Savannah, Georgia

GTIS Partners LP, a prominent player in global real estate investment, has recently made headlines by acquiring a significant industrial site spanning 24 acres in the Savannah, Georgia metropolitan area. This acquisition forms part of GTIS's ongoing strategy to amplify its presence in the industrial sector, particularly in regions boasting strong economic fundamentals.

The new site is set to host approximately 297,163 square feet of Class A industrial space, which will be distributed across two distinct buildings. Located strategically within the Highway 21 corridor, this development enjoys excellent connectivity to Interstate 95 and is less than 10 miles from the Port of Savannah's Garden City Terminal. Notably, this terminal is recognized as the largest and fastest-growing container terminal in North America, enhancing the location's appeal for logistics and distribution.

2025 has demonstrated a vibrant market for warehouse leasing within Savannah. In the first quarter alone, a record 4.6 million square feet of leasing activity was reported, with close to 3 million square feet signed since April. This robust demand showcases the resilience and attractiveness of the Savannah real estate market, particularly for industrial spaces.

Robert McCall, Partner and Head of US Industrial at GTIS Partners, elaborated on the promising market conditions. He noted that the sub-200,000 square foot segment continues to outperform larger categories, maintaining a vacancy rate of just 6.3%, significantly lower than the 14.3% vacancy seen in spaces exceeding 750,000 square feet.

Furthermore, McCall highlighted that the ongoing and planned expansions at the Port of Savannah, coupled with the growth of the Hyundai supplier ecosystem in the area, are driving demand for smaller industrial spaces. This investment marks GTIS's 16th industrial undertaking and reinforces the firm's commitment to areas where demand remains strong, despite broader uncertainties in trade and tariffs.

GTIS Partners, founded in 2005 and headquartered in New York, has built a formidable portfolio in the United States, managing over $4.6 billion in gross assets. The firm’s investments span a range of real estate sectors, including single-family and multifamily housing, office space, and hospitality.

The company has been active in notable markets across the Carolinas, Georgia, and Texas, focusing on industrial opportunities where demand for leasing is still on the rise. Over its history, GTIS has acquired more than 226 assets across 47 unique markets, emphasizing growth regions such as Miami, Phoenix, Dallas, Houston, and Atlanta, among others.

Given Savannah’s strategic location and burgeoning industrial sector, GTIS's latest acquisition positions the firm well to capitalize on ongoing market trends. The firm’s investment strategy acknowledges the ever-evolving landscape of commercial real estate and the significance of adapting to meet emerging demands.

The prospects for the Savannah industrial market appear promising in the face of anticipated growth at the Port and the surrounding logistical frameworks, making GTIS Partners a key player to watch in the future developments of this vibrant region.