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Georgia sells 500 acres for logistics and warehousing

The Georgia Ports Authority (GPA) has announced the sale of five parcels of land for commercial development at its Savannah River International Trade Park.
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The five parcels totalling 500 acres are located less than five miles from Savannah’s Garden City Container Terminal, and just one mile from the I-95. Together they can accommodate up to 5 million square feet of logistics space.

"Today's announcement will help further establish Savannah as a gateway port for the U.S. Southeast and beyond," said Executive Director Griff Lynch. "With an increased demand for reliable, cost-effective logistics opportunities, this development is another example of GPA's focus on supply chain solutions for our customers."

The GPA added that more logistics space will “fill a growing need to service a larger range of customers from the Southeast to the Midwest U.S. January was the third month in a row of record performances at the Savannah container port, with the Authority moving 331,190 TEU, an improvement of 16.1% percent (45,889 TEU)”.
 
The January result continues the momentum the GPA built up in the last months of 2016, with November container traffic rising 5.8% to 300,671 TEU, and December volume rising 12.33% to reach 292,172 TEU.
 
"The expansion we're seeing in our container volumes constitutes a strong vote of confidence from our new and longtime port customers," said GPA Board Chairman Jimmy Allgood. "Keeping ahead of demand requires infrastructure development in both the public and private sector. The new facilities destined for our trade park are part of that equation. The GPA is also making the on-terminal improvements necessary to stay ahead of demand."
 

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