By Atlanta Business Chronicle

New Orleans storage terminal developer Blackwater Georgia LLC bought a storage terminal facility in Brunswick, Ga., for $1.8 million.

The Brunswick site boasts 161,000 barrels of storage capacity on six acres of property leased from the Georgia Ports Authority. The site is accessible for ocean vessels, inland barges, railcars and tanktrucks.

There is space to build another 150,000 barrels of capacity at the site.

Blackwater Georgia is a unit of Westwego, La.-based Blackwater Midstream Corp. (OTC BB: BWMS).

Copyright 2010 American City Business Journals
Copyright 2010