Chesterfield LLC, a Florida-based office and industrial projects development company, has announced construction plans for space near the Savannah port.
In a press release, Chesterfield officials said they have subdivided a parcel of about 138 acres leased from the Georgia Ports Authority to three different clients. The property is located at the Savannah River International Trade Park. The lease-purchase agreement with GPA calls for the sale of property to Chesterfield with the closing in 2019.
Plans for parcel A include a 1,276,000-square-foot cross-dock facility for JLA Home, a designer, manufacturer and supplier of home furnishings. A cross-dock facility is used for unloading incoming goods directly onto outbound trucks, trailers or rail cars, with little or no storage in between.
Averitt Express, a supply chain management company, has a distribution warehouse under construction on lot B. Lot C has a speculative 420,000-square-foot cross-dock facility under construction.
Chesterfield’s capital partner of the spec building on lot C is Stonemont Financial Group, based in Atlanta.
All three buildings are expected to be substantially complete by March 2019.
“The Savannah Port area has had tremendous success over the past few years, and we believe the market has strong demand for new industrial space. The Chesterfield team is glad to be part of the continued growth in the Savannah area industrial market,” Chesterfield CEO William Gardner said.
Thomas and Hutton are civil engineers for the site. Wakefield Beasley Architects and Omega Construction are doing the architecture and general contracting work on lots A and C.