RIVR RE has represented Callen Trust on a new seven-year office lease with CitiTrends at 17 Park of Commerce Boulevard, Savannah, Georgia. The NASDAQ-listed value retailer will occupy approximately 14,084 square feet of corporate office space at the Class A business park located in Savannah’s Chatham Parkway submarket. David Gaule and Mandy Henderson of RIVR acted on behalf of the landlord throughout the transaction.

 

About CitiTrends

CitiTrends (NASDAQ: CTRN) is one of America’s leading off-price specialty retailers, operating nearly 600 neighbourhood-based stores across 33 states and employing thousands of people nationwide. With annual revenues in excess of $800 million, CitiTrends specialises in trend-right apparel, accessories, and home goods, serving communities across the United States with everyday low prices.

 

Savannah is not a peripheral location for CitiTrends — it is home. The company’s corporate headquarters is based at 17 Park of Commerce Boulevard, making this seven-year, 14,000 sq ft lease a significant expansion of their existing campus presence. A lease of this scale at their own headquarters address signals organisational growth and long-term confidence in Savannah as the company’s operational base — not a routine renewal but a material commitment to expanding their corporate footprint in the city.

 

For the landlord, securing a NASDAQ-listed, financially stable corporate tenant on a seven-year term for 14,000 square feet is a flagship transaction — the kind that anchors an asset’s income profile and sets the tone for the rest of the building’s occupancy.

 

What This Office Lease Signals for Savannah’s Chatham Parkway Submarket

The Park of Commerce business park sits at the intersection of I-16 and Chatham Parkway, offering some of the best road connectivity in the Savannah market — rapid access to I-95, Savannah/Hilton Head International Airport, the Georgia Ports Authority, and downtown Savannah, all within a 10-to-15 minute drive.

 

That connectivity, combined with the quality of the Class A product at Park of Commerce, has made the Chatham Parkway submarket increasingly attractive to corporate occupiers who need accessibility, parking, and professional space without the constraints of a Historic District address. The submarket is also benefiting from the broader economic expansion along the I-16 corridor — the Hyundai Electric Vehicle metasite, continued port investment, and the growing logistics and supply chain ecosystem that surrounds Georgia’s port infrastructure are all driving demand for corporate office space in this part of the market.

 

A seven-year office lease at Park of Commerce Savannah from a corporate tenant of CitiTrends’ scale reinforces the submarket’s fundamentals. For landlords with office assets in the Chatham Parkway corridor, and for investors evaluating acquisitions in the area, transactions like this demonstrate that well-located, quality product continues to attract long-term, creditworthy corporate occupiers.

 

About 17 Park of Commerce Boulevard

17 Park of Commerce Boulevard is a three-storey, Class A office building comprising approximately 38,688 square feet in the heart of the Park of Commerce business park. Built in 2007, the building offers fully-secured parking, professional common areas, and a location that provides excellent road access to all of Savannah’s major commercial and logistics corridors.

 

The building is home to CitiTrends’ corporate headquarters and, following this transaction, to a significantly expanded CitiTrends office footprint — making 17 Park of Commerce one of the most substantially single-tenanted corporate office assets in the Chatham Parkway submarket.

 

RIVR RE acts as the retained leasing advisor for Callen Trust across their Savannah commercial portfolio, managing lease negotiations, tenant selection, and renewals on behalf of the trust.

 

Office Leasing at Park of Commerce and Chatham Parkway — Talk to RIVR

RIVR RE specialises in office leasing across all of Savannah’s major commercial submarkets, including Chatham Parkway, Park of Commerce, and the Historic District. We represent landlords seeking to attract and retain quality corporate tenants, and businesses looking for the right office space on the right terms.

 

If you have office space to lease in Savannah, or are a business evaluating your next location, contact David Gaule or Mandy Henderson directly.

 

Email: info@rivr.re | Phone: 912 307 9998

 

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