18 Park of Commerce Blvd
Discover insights on a strategic office acquisition in Savannah’s Chatham Parkway submarket. RIVR RE has represented both the buyer and seller on the $2.11 million sale of a 5,500 square foot office property at 18 Park of Commerce Boulevard in Savannah, Georgia. The property was acquired by Vinea Capital — an Augusta-based private equity and real estate investment firm — as part of their active expansion into the Savannah market. David Gaule and Mandy Henderson of RIVR acted on behalf of both parties throughout the transaction.
The dual-representation mandate — with RIVR serving both the seller seeking to dispose of the asset and Vinea Capital as the acquiring buyer — reflects the depth of RIVR’s relationships across the Park of Commerce submarket and the firm’s ability to introduce qualified institutional buyers to sellers without the need for public marketing.
About Vinea Capital
Founded in 2017 and headquartered in Augusta, Georgia, Vinea Capital is a private equity and real estate investment firm operating across healthcare, real estate, sports and entertainment, and hospitality. The firm’s investment philosophy is built on disciplined, conservative acquisitions paired with organic growth strategies — targeting durable, low-leverage assets that generate consistent returns while creating positive community impact.
Vinea Capital’s healthcare focus — investing in companies that address healthcare voids in underserved markets — has positioned the firm as one of Georgia’s most purposeful private equity operators. Alongside its healthcare portfolio, Vinea maintains and actively grows a real estate asset base across Georgia and the Carolinas through its Vinea Properties subsidiary, which owns and manages commercial and residential properties across multiple markets.
The 18 Park of Commerce Boulevard acquisition is part of Vinea’s deliberate expansion from its Augusta base into Savannah — a market the firm has identified as offering compelling real estate fundamentals, strong population and employment growth, and the kind of healthcare and professional services ecosystem that aligns with their broader investment thesis. For a firm of Vinea’s profile, acquiring owner-occupiable office space in an established professional submarket like Park of Commerce provides both an operational base and a real estate asset with solid underlying demand fundamentals.
About the Property — 18 Park of Commerce Boulevard
18 Park of Commerce Boulevard is a 5,500 square foot office property in the Park of Commerce business park — one of Savannah’s most established professional and corporate office addresses, located in the Chatham Parkway submarket at the intersection of I-16 and Chatham Parkway.
The Park of Commerce corridor offers the combination of Class A professional environment, abundant parking, and exceptional road connectivity that corporate and professional services occupiers require — with rapid access to I-95, Savannah/Hilton Head International Airport, the Georgia Ports Authority, and downtown Savannah, all within 15 minutes. The business park is home to a diverse mix of corporate headquarters, professional services firms, medical operators, and technology businesses, including CitiTrends’ corporate campus at the neighbouring 17 Park of Commerce Boulevard — a transaction also brokered by RIVR.
At 5,500 square feet, 18 Park of Commerce Boulevard is well-suited to owner-occupier professional services or healthcare businesses requiring a standalone office building with associated parking in a professional environment — precisely the asset profile that aligned with Vinea Capital’s expansion requirements.
RIVR’s Growing Track Record at Park of Commerce
The 18 Park of Commerce sale is RIVR’s second completed transaction in the Park of Commerce business park — alongside the CitiTrends office lease at 17 Park of Commerce Boulevard. That concentration of activity in a single submarket reflects RIVR’s depth of knowledge of the Chatham Parkway corridor and its landlord and buyer relationships across the park.
For landlords and owners of office assets at Park of Commerce or in the Chatham Parkway submarket more broadly, RIVR’s established presence in this corridor — and its track record of introducing qualified institutional and private buyers — makes the firm the natural first call for any disposal or acquisition in this market.
Office Sales & Acquisitions at Park of Commerce — Talk to RIVR
RIVR RE advises on office property sales and acquisitions across Savannah’s Chatham Parkway submarket, Park of Commerce, and Historic District. Whether you own an office property and are considering a sale, or are an investor or operator looking to acquire in the Savannah office market, contact David Gaule or Mandy Henderson directly.
Email: info@rivr.re | Phone: 912 307 9998
→ Learn more about RIVR’s sales & acquisitions services → Read about the CitiTrends office lease at 17 Park of Commerce → View all RIVR transaction announcements