Discover insights on one of Savannah’s most competitive light industrial acquisition transactions. RIVR RE has represented the buyer on the $2.5 million acquisition of a light industrial warehouse property at 203 Deptford Street in Savannah, Georgia. The property comprises two warehouses totalling 23,500 square feet on a 2-acre site zoned Light Industrial (LI), with 18-foot ceiling height and direct access to major road infrastructure and the Port of Savannah. David Gaule of RIVR acted on behalf of the buyer throughout the transaction.

The acquisition adds to RIVR’s growing track record of buyer representation in Savannah’s industrial market — a complement to the firm’s industrial leasing and investment sales capability demonstrated through transactions including the $6.2 million IOS sale at 290-310 Telfair Road.

About the Property — 203 Deptford Street

203 Deptford Street is a two-building light industrial asset in Savannah’s East Savannah submarket, built in 1988 and sitting on a 2-acre site. The property totals 23,500 square feet across two warehouse units, offering 18-foot clear ceiling heights, Light Industrial zoning, and operational flexibility suited to a wide range of warehouse, light manufacturing, and service-related industrial uses.

The location is one of 203 Deptford’s most compelling attributes. East Savannah sits within a few miles of the Georgia Ports Authority’s Garden City Terminal — the largest single-terminal container facility in North America — and offers direct access to the road network connecting to I-16, I-95, and the broader Coastal Georgia logistics infrastructure. For industrial operators requiring proximity to port activity, the site’s combination of functional warehouse space, LI zoning, and port-adjacent location positions it as a genuinely versatile industrial asset.

The 23,500 square foot total — spread across two buildings — offers the additional operational flexibility of multi-unit configuration, allowing the owner to occupy one building while leasing the other, or to lease both units independently to separate tenants. That optionality is a meaningful value driver in a market where small and mid-size industrial tenants consistently struggle to find well-located space in flexible configurations.

Why Buyer Representation Matters in Savannah’s Industrial Market

Savannah’s industrial real estate market has become one of the most competitive in the Southeast. The combination of the Port of Savannah’s rapid volume growth, sustained infrastructure investment across the I-16 corridor, and national institutional capital pursuing port-proximate industrial assets has compressed availability and driven valuations to levels that reward buyers who move quickly and with precision.

In that environment, unrepresented buyers face a significant disadvantage. Without an advisor who knows what is available — including off-market inventory — what recent comparable transactions have achieved, and how to position an offer competitively, buyers risk overpaying, losing assets to better-advised competitors, or acquiring properties with structural issues that a thorough advisory process would have identified.

RIVR’s buyer representation capability in the industrial sector spans the full spectrum — from smaller multi-unit assets like 203 Deptford Street through to larger institutional-scale transactions like the $6.2 million Open Industrial IOS acquisition at Telfair Road. That range reflects both the depth of RIVR’s market knowledge and the firm’s ability to serve buyers at different scales with the same quality of advisory.

Industrial Acquisitions in Savannah — Talk to RIVR

RIVR RE advises buyers on industrial real estate acquisitions across all of Savannah’s major industrial submarkets, including East Savannah, the port corridor, Chatham Parkway, and the I-16 logistics corridor. Whether you are an owner-occupier seeking operational space, a private investor building a Savannah industrial portfolio, or an institutional buyer evaluating port-proximate assets, RIVR provides the market expertise and local relationships to identify the right assets and close transactions efficiently.

If you are looking to acquire industrial real estate in Savannah, 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 $6.2M IOS sale at 290-310 Telfair Road → View all RIVR transaction announcements