Strategic transaction with Lecangs, LLC reinforces the robust industrial potential of the Port of Savannah area and CRG’s nationwide development platform

CRG, the national real estate development and investment firm, today announced the sale of a 77-acre parcel at The Cubes at West Port, its 764-acre master-planned industrial park in Bryan County, Ga., about 25 miles west of Savannah. Global 3PL company Lecangs, LLC purchased the site for an undisclosed amount. CRG and Clayco plan to construct a 1,004,340-square-foot industrial facility for Lecangs on the site in the near future.

Located at 3438 US Highway 80 E, less than 3 miles from I-16 and 25 miles from I-95, The Cubes at West Port offers easy access to the Port of Savannah and the southeastern U.S. Designed to offer significant flexibility, The Cubes at West Port can accommodate up to 5.5 million square feet across various site plans, catering to diverse industries. This transaction underscores the growth and potential of the industrial park, positioning it as a successful extension of CRG’s inaugural Savannah development, The Cubes at Interstate Centre II.

The sale comes as the Port of Savannah, the second-largest port on the East Coast and fourth in the U.S., supports a thriving industrial real estate market. The Cubes at West Port also complements the Georgia Ports Authority’s recent $374 million investment in port infrastructure, which aims to create the largest on-dock rail facility in the Western Hemisphere.

“This transaction is a testament to our strategic efforts to expand and develop our portfolio in key growth areas,” said Mike Demperio, executive vice president and Southeast region industrial partner for CRG. “The Cubes at West Port, and its extension at Interstate Centre II, are poised to take advantage of the tremendous industrial growth around the Port of Savannah. We anticipate the industrial market will receive an additional boon in the coming years. Hyundai and LG recently announced a $5.5 billion EV production facility and adjoining battery manufacturing facility just down the street from our site. This signifies a bright future for the industrial market in this region.”

Including its Savannah developments, CRG has planned, broken ground on or completed over 53 million square feet of industrial projects. The firm’s national industrial development platform, marketed as The Cubes, has served many nationally recognized brands and Fortune 500 companies. CRG’s other developments in Georgia include The Cubes at Interstate Centre II, a 300-acre master-planned park adjacent to West Port; The Cubes at Bridgeport, a 500-acre master-planned industrial park in the South I-85 submarket of Atlanta; and The Cubes at River Park, a completed 1,006,000-square-foot speculative industrial building and planned 1 million-square-foot speculative industrial building in Butts County, located in Atlanta’s I-75 South submarket.

About CRG

CRG is a privately owned North American real estate development and investment firm founded in 1993 with deep expertise in delivering and owning industrial, office, multifamily, student housing and mixed-use assets. The firm serves clients and investors from seven regional offices benefiting from local expertise in Chicago, St. Louis, Atlanta, Philadelphia, Phoenix, Seattle, and SoCal. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.

About The Cubes

The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial users. The Cubes are designed with an emphasis on sustainability and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located in strategic locations that take into consideration both logistics and labor supply, always with the end user in mind.

About Lecangs, LLC

Lecangs is a 3PL company dedicated to servicing large and medium-sized cross-border sellers by offering innovative and comprehensive warehousing and logistics services. These services include one-stop cross-border logistics solutions such as ocean shipping, one-piece delivery, FBA transshipment, warehousing, after-sales custody, independent station distribution, and creative video shooting.

Lecangs has been running warehouses for 12 years. Lecangs now operates 12 warehouses worldwide, with a total storage area of 3,600,000 square feet. We have approximately 700 customers, and we continue to assist brands in expanding globally and achieving shared prosperity.