DECEMBER 2025 MARKET SUMMARY

Savannah MSA commercial sales finished the year strong in December 2025. The number of transactions more than doubled recent monthly averages to reach 45 sales, with sales volume topping $375M. Multifamily and hospitality properties with proven performance drove volume, aligning with existing market trends. Unlike previous months, we saw strong sales across diverse asset classes. Several small retail properties exchanged hands in the urban core, and there were solid land transactions in the outer areas of the MSA.

Like in November, the top sale of the month came from across the river, where Brookfield Hotel Properties sold The Westin Savannah Harbor Gold Resort & Spa to KSL Capital Partners for $101.31M. At 403 rooms, this breaks down to a little over $250,000 per room. The sale comes three months after KSL Capital Partners acquired The Westin Hilton Head Island Resort & Spa. 

In the multifamily asset class, a portfolio of three class-C apartment buildings in Garden City sold for $59M, or at the price of about $159k for each of the 372 units. RREAF Holdings sold the portfolio, which includes Azure Cove, The Arbors, and Kessler Point, to Friedlam Partners. The sale brings Friedlam Partners’ number of properties in the Savannah MSA to 8, representing a total of 1,075 units. 

For the top industrial sale, Georgia Cold Storage sold its two-property portfolio at the SPA Industrial Park to Envision Cold for a total of $45.1M.