Marcus & Millichap Arranges $77.3 Million Loan for Industrial Construction Project in Savannah, Georgia

Reuters

2025/06/14

Marcus & Millichap Arranges $77.3 Million Loan for Industrial Construction Project in Savannah, Georgia

Marcus & Millichap Inc.'s IPA Capital Markets Division has successfully arranged a $77.3 million non-recourse industrial construction loan for the development of Central Port Logistics Tract 3 in Savannah, Georgia. This project, orchestrated on behalf of Capital Development Partners $(CDP)$, will feature three speculative industrial buildings totaling 1,222,560 square feet near the Port of Savannah. Set to be completed and fully leased by November 2026, the venture underscores CDP's expertise in developing high-quality logistics facilities in key port markets. The financing was secured by IPA Capital Markets' Sunny Sajnani and Travis Headapohl through a national life insurance company, emphasizing the project's attractive scale and strategic location.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250613417503) on June 13, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250613417503) on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMI","symbol_name":"Marcus & Millichap Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDL5JdnkP:1","article_id":"2543653992","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543653992","pubTimestamp":1749852073,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marcus & Millichap Inc.'s IPA Capital Markets Division has successfully arranged a $77.3 million non-recourse industrial construction loan for the development of Central Port Logistics Tract 3 in Savannah, Georgia. 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