SAVANNAH, Ga., Feb. 2, 2018 – Floor & Decor, a leading specialty retailer of hard-surface flooring and related accessories, celebrated the opening of the second-largest distribution center in the major Southern port city of Savannah.
The new 1.4 million square foot Floor & Decor distribution center sits on a 90-acre site within the Morgan Business Center, a 250-acre industrial park in the community of Bloomingdale, just west of the city. The complex, located near the intersection of Interstates 16 and 95, boasts convenient truck and rail access to the busy Port of Savannah, approximately 11 miles away.
This morning's ribbon-cutting ceremony brought together a number of company associates and officials from all the key entities involved in the transaction that resulted in the new Floor & Decor distribution center, including the Savannah Economic Development Authority; the State of Georgia; the City of Bloomingdale; the Georgia Ports Authority; CBRE Group Inc., which worked with Floor & Decor on the project; and Duke Realty, which has been in charge of development of the new distribution center complex.
“Opening the new Savannah distribution center marks another milestone in the growth of Floor and Decor,” Tom Taylor, Floor & Decor's chief executive officer, told the gathering. “Due to the diligent efforts of our world-class distribution team and our great partnerships with the Savannah Economic Development Authority, the Georgia Ports Authority, Duke Realty and others, we are proud to make Savannah one of our long-term distribution homes.”
One of the Savannah region's largest industrial development projects, the new distribution center brings an additional 30 jobs to the area. With the retention of 55 jobs that have shifted over from the old distribution center, plus another 47 positions at Floor & Decor's 68,000-square-foot Savannah retail store and design center on Victory Drive, the Atlanta-based company now employs 132 people in this area.
“We are delighted to have this major distribution center in our region and that Savannah is able to play an important role in the future growth of Floor & Decor,” said Kevin Jackson, Chairman of the Board of Directors for the Savannah Economic Development Authority. “The Savannah area's many assets, such as our workforce, the Port of Savannah and our vast infrastructure, are among the keys to making this distribution center a lasting success. Working with everyone involved with this development project has been a great experience.”
About Floor & Decor
Floor & Decor is a multi-channel specialty retailer of hard surface flooring and related accessories, offering a broad in-stock assortment of tile, wood, laminate and natural stone flooring along with decorative and installation accessories at everyday low prices.
The mission of the Savannah Economic Development Authority is to create, grow and attract jobs and investment in the Savannah region. Whether an outside business is looking to relocate to the Savannah region or an existing business is ready to grow and expand, SEDA is the centrifuge of a propeller, making the connections, helping propel the business to success. Specifically, through its business attraction, business retention and expansion, and World Trade Center Savannah departments, SEDA offers customized services to help make it happen, connecting you to the resources needed, including workforce training programs, infrastructure, available properties, incentives, tax abatements, utilities, permitting and more. An independently funded organization, SEDA acts in the best interest of both the client and the community, without the hindrances often associated with publicly funded operations. To find out how SEDA can help you and what Savannah can do to propel your business, contact SEDA.
CBRE Group Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services; and development services. For more information, visit www.cbre.com.
About Duke Realty
In the Savannah port area, Duke Realty owns 7.9 million square feet of space in 24 buildings, making it the largest industrial/warehouse owner in Savannah. Duke Realty manages its Savannah portfolio out of its Atlanta office. On a nationwide basis, Duke Realty Corporation (NYSE: DRE) specializes in the ownership, management and development of bulk distribution real estate. The company owns and operates approximately 144 million rentable square feet in 21 major U.S. logistics markets. Duke Realty also is listed on the S&P 500 Index. More information about Duke Realty Corporation is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.
Mary Eva Tredway
Butin Integrated Communications
SOURCE Floor & Decor