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GTIS Partners LP Acquires Lot at Hardeeville Commerce Park for New Warehouse in Savannah MSA

RECENTLY ACQUIREDJun 04, 2024

Acquiring Company

GTIS Partners

New YorkReal EstateReal Estate InvestmentHospitalityHotel

Description

GTIS Partners LP, a global real estate investment firm, has announced the acquisition of Lot 13 at Hardeeville Commerce Park in Hardeeville, South Carolina. The acquired 26.5-acre site is set to be developed into a 268,113 square foot rear load warehouse north of the Port of Savannah, strategically positioning GTIS to profit from the Port of Savannah's continued volume growth.

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Company Information

Company

GTIS Partners

Location

New York, New York, United States

About

GTIS Partners is a global real estate investment firm in the Americas, headquartered in New York with offices in São Paulo, San Francisco, Los Angeles, Atlanta, Charlotte, Phoenix, Dallas, Houston and Munich. The firm was started in 2005 and is managed by President and Founder Tom Shapiro and seven other partners. The firm manages $4.5 billion in gross assets and is active across a wide range of real estate sectors including single family and multifamily housing, office, industrial/logistics and hospitality as well as opportunity zone investments. The firm invests at various points in the capital structure including credit, common equity and structured equity. In the US, GTIS has invested in over 200 assets across 40+ unique markets including growth areas such as Phoenix, Dallas, Houston, Denver, Atlanta, Tampa and Charlotte. In Brazil, GTIS is among the largest real estate private equity firms with holdings including office, residential, logistics, and hospitality investments. Marquee assets developed by GTIS Partners in São Paulo include the Infinity office building and Palácio Tangará, a five-star resort style hotel. For more information, please visit www.gtispartners.com.

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