IPA Capital Markets has successfully arranged $77.3 million in construction financing for Central Port Logistics Tract 3, a large-scale industrial development located in Savannah, Georgia. The financing was secured by IPA executives Sunny Sajnani and Travis Headapohl on behalf of Capital Development Partners (CDP), a Savannah-based real estate development firm.
“This non-recourse, life company construction loan will provide funds to complete the vertical construction as well as lease-up of the project,” said Sajnani.
Central Port Logistics Tract 3 will feature three speculative industrial buildings totaling 1,222,560 rentable square feet. Strategically located near the Port of Savannah, one of the busiest container ports in the U.S., the project aims to meet rising demand for modern logistics and distribution space. CDP expects the development to be fully leased and tenant-occupied by November 2026.
This project is part of CDP’s broader Central Port Logistics Center, which already includes notable developments such as a 982,800-square-foot facility fully leased to Plastic Express, a 1,456,000-square-foot building nearing stabilization, and two recently delivered 150,000-square-foot flex warehouses.
