BridgeInvest Closes $43.25MM Industrial Portfolio Refinancing in Savannah, GA
1st Priority Mortgage Loan
Loan Amount
$43,250,000
Property Type
Industrial
Location
Savannah, GA
BridgeInvest is pleased to announce the closing of a $43.25MM refinancing of the Artley Portfolio, an 11-building, 524,640 SF industrial portfolio in Savannah, GA, sponsored by Thor Equities.
Strategically positioned in one of the Southeast’s most dynamic logistics markets, the portfolio is poised to capitalize on Savannah’s continued industrial growth. BridgeInvest’s financing provides Thor Equities with the flexibility to execute its leasing strategy, capture mark-to-market rent upside, and unlock the portfolio’s full value potential.
Transaction Highlights:
- Prime Infill Location: SPA Industrial Park, 1.5 miles from Savannah's airport and minutes from I-95 and the Port of Savannah
- Port-Driven Demand: Third-busiest U.S. container port, with $5BN in Georgia Ports Authority upgrades, Hyundai's $7.6BN Metaplant, and OpenAI's proposed $20BN data center campus nearby
- Robust Market Fundamentals: ~10MM SF of net absorption since 2025; 0.8% specialized small-bay vacancy
- Proven Leasing Momentum: 360K+ SF leased at 65% higher rents since Thor's 2022 acquisition
- Institutional Sponsorship: Thor Equities, a global investor with $20BN+ and 50MM SF of real estate acquired, owned, and developed since 1986
