Broe Group JV Lands New Tenant at 20 MSF Savannah Industrial Park

Savannah Gateway Industrial Hub is a 2,600-acre logistics campus. Picture courtesy of The Broe Group

Kyungshin America Corp. has chosen the 20-million-square-foot Savannah Gateway Industrial Hub for the situation of its new distribution heart, in Rincon, Ga. The South Korea-based automotive half provider will open a 136,000-square-foot facility in February as a part of its manufacturing enlargement.

The Broe Group, along with its transportation affiliate, OmniTRAX, and Effingham County Industrial Improvement Authority, is the proprietor of the two,600-acre multimodal logistics park.

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Kyungshin’s new facility will import and distribute automotive elements to Hyundai Motor Group’s $7.5 billion electrical car plant in Savannah. The corporate is a licensed Hyundai provider and produces wire harnesses for automotive firms. The transfer will even assist the rising automotive manufacturing trade within the Southeastern United States, in addition to create roughly 70 new jobs and generate greater than $22 million investments in Effingham County, Effingham Herald reported.

Savannah Gateway Industrial Hub provides numerous website configurations for lease or buy, build-to-suit choices and can also be a part of the Georgia Prepared for Accelerated Improvement Program. The commercial campus offers quick access to the Port of Savannah, to CSXT and Norfolk Southern Railroads programs in addition to main transportation corridors, together with interstates 95, 16, and U.S. Freeway 21.

The master-planned industrial park presently has 33 buildings in planning phases or beneath building, with Colliers Principals Cliff Dales and David Sink in control of leasing. Tenants at Savannah Gateway Industrial Hub embrace DHL, Quantix, Bissell Homecare, Inc. and Lion Model Yarns.

Rising industrial footprint since 2016

Savannah Gateway Industrial Hub has been within the works since 2016, when Effingham County Industrial Improvement chosen OmniTrax as its improvement companion for the mega undertaking, designed to fill the hole between provide and demand in Savannah’s industrial sector.

In 2019, a dedication from A&R Logistics, now rebranded as Quantix, sparked the groundbreaking on the economic park’s first constructing, totaling 1 million sq. toes. On the time, Quantix’s build-to-suit, 12-year lease amounted to 610,000 sq. toes.

The Broe Group additionally offered a number of buildings on the multimodal logistics park: in 2021 the 998,472-square-foot 1004 Gateway Parkway was bought by Walton Road Capital. In late 2022, TerraCap Administration LLC acquired Buildings 1H and 1F in a $116 million deal.