McCraney Property Company secured $62.83 million in financing for Phase I of Logistics 16 at Ottawa Farms, a three-building, Class A industrial facility totaling one-million square feet in Savannah, Georgia.

The entire project will take three years and is comprised of nine buildings totaling over 4.5 million square feet of Class A industrial space. The first phase of the project consists of three front-load buildings and will feature 225 loading doors of various sizes, 185' deep truck courts, 330 car spaces and 305 trailer spaces.

Phase I of Logistics 16 at Ottawa Farms is located on an 85.6-acre site at 702 Bloomingdale Road. The property has expressway access to the Port of Savannah, the Savannah/Hilton Head International Airport and Interstates 16 and 95. The site is within four-hours of major Southeast markets, including Atlanta, Orlando and Charlotte.