Denholtz Properties announces leases with DHL Express for 18,000 square feet and Goodwill for 9,000 square feet of industrial space to bring 111 Coleman Boulevard, a 45,000-square-foot industrial building located in Savannah, Ga., to full occupancy.
111 Coleman Boulevard is one of the three buildings making up the Coleman Portfolio, a 358,884-square-foot industrial portfolio strategically located in the Bloomingdale/Pooler submarket, Savannah’s fastest-growing industrial submarket. Acquired by Denholtz Properties in 2022, the Coleman Portfolio boasts superior access to major transportation and shipping arteries including the Port of Savannah, Norfolk Southern and CSX’s robust regional rail networks, Interstates 16 and 95 and Savannah/Hilton Head International Airport. In addition to DHL Express and Goodwill, the portfolio also features a diverse mix of tenants including Collins Aerospace, Johnson Matthey and East Coast Logistics.
“Our acquisition of the Coleman Portfolio earlier this year was powered by our deep confidence in the Savannah market’s short and long-term fundamentals,” said Stephen Cassidy, President of Denholtz Properties. “With our immediate leasing success with two credit-grade tenants at 111 Coleman, we have only grown more bullish on the market and look forward to continuing to bolster our portfolio in Savannah and the surrounding region.”
Jordan Wean Director of Leasing and Business Development for Denholtz Properties added, “Our recipe for success across our industrial portfolio remains simple – find great buildings in phenomenal locations in robust growth markets and pair them with hands-on property management and strategic leasing to create value. Our latest deals with DHL Express and Goodwill exemplify the flawless execution of our strategy once again and we are excited to welcome these two tenants to our property in 2023.”