13051 Abercorn St • Savannah, GA 31419

Year Purchased: 2021
Purchase Amount: $9,600,000.00
Equity: $4,311,693.00

Savannah Crossing was purchased in July 2021 and is a 68,945 square foot multi-tenant retail center located in the southwest quadrant of Savannah and in the “Greater Savannah” retail submarket. Built in 1989, the property is anchored by a high-performing Big Lots! and includes a strong group of fifteen largely e-commerce-resistant tenants. The center was 90% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.