Lincoln Property Company Southeast selected to manage industrial complex outside of Savannah

posted by AJOT | Aug 28 2023 at 02:59 PM | Logistics

Lincoln Property Company Southeast (Lincoln) has been selected to manage Brown Thrasher Logistics Center, a Class A industrial complex in Richmond Hill, Georgia outside of Savannah. Lincoln Senior Vice President Shane Froman, Senior Portfolio Manager Industrial Lead Kim Steward and Senior Portfolio Manager Natalie Matteson will oversee property management on behalf of the owner, Stonemont Financial Group.

Brown Thrasher Logistics Center is located within the Belfast Commerce Park off of Belfast Keller Road in Richmond Hill, just over a mile from I-95. The property offers 281,067 square feet of industrial warehouse space, with 40’ clear heights, rear-load configuration, 238 trailer parking spaces and 213 auto parking spaces. The project broke ground in early 2022, and construction was completed this year.

“Savannah continues to outpace other Southeastern markets in industrial activity, and we are pleased to play a role in cementing this region as one of the best locations for users to operate in,” said Lincoln’s Froman. “Our portfolio of quality management assignments continues to grow in Savannah, and this addition is a strong asset to add to our roster. We look forward to working alongside Stonemont in bringing superb property management services to one of the newest, top-of-the-line industrial assets in the market.”

The rail-served Belfast Commerce Park offers a premier location on 1,000 acres just 30 miles from the Port of Savannah and 20 miles from I-16. Savannah has proven to be one of the most attractive markets for industrial growth within the past few years, largely due to its strong labor pool and proximity to a major port, which is the fourth largest in the nation as of this year. Over the 2023 fiscal year, the Port of Savannah moved 11.4 percent of the nation’s loaded international containers, or more than 2 million TEUs.

Currently, Lincoln’s portfolio includes roughly five-and-a-half million square feet of assets managed across multiple owners in Savannah. Lincoln also manages Amazon Savannah SAV4, a 640,000-square-foot fulfillment center in Pooler, Georgia just east of the city, and the 1.16 million-square-foot Building 2C at Georgia International Trade Center, a major industrial park in Effingham County, Georgia.