SAVANNAH, GA—Capital markets stateside are bracing for the impact of the European financial woes, but that’s not stopping notes collateralized by industrial assets from going up for sale. Two notes backed by industrial properties in Savannah, Ga. and Richmond, Va. have hit the market.

The Roseview Group, a private real estate investment and advisory firm, is the exclusive agent for the sale of the two notes. Nigel Keenan, a partner at The Roseview Group, is “confident in the quality of these assets and their ability to sell.”

The $4.3 million note in Savannah is secured by a single distribution warehouse located less than 1.5 miles from the Port of Savannah and within close proximity to Interstate 95 and the Savannah/Hilton Head International Airport.

The 10-property, $8.95 million note in Richmond is secured by eight distribution warehouse buildings and additional raw land totaling 1.67 million square feet, as well as a separate multifamily complex. The multifamly complex is historically well-occupied, which lends additional cash flow and stability to the portfolio.

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