NOVEMBER 2025 MARKET SUMMARY

Savannah MSA commercial sales in November 2025 continued the trend of the last 2+ quarters, with leased-up industrial and multifamily properties driving sales volume in the region. With 18 transactions, the number of sales hovered around the recent monthly average. Sales were mainly investor-driven, with over 80% of purchases by investors and just three buyers planning to be the end user the property. Savannah locals may be most intrigued by the sale of 2749 Skidaway Road, the old Krispy Kreme building. That property was purchased by Fifth Third Bank, who plans to demolish the existing structure to build a new branch as it enters the Savannah market.

EmmaJames at Savannah Harbor on Hutchinson Island claimed top sale of the month, trading for $98M from CrossHarbor Capital Partners/Woodfield Investment Company to PEM Real Estate Group. At 280 rental units, that breaks down to $350,000 per unit.

The top industrial sale of the month was not far behind. In Rincon, Pattillo Industrial Real Estate acquired buildings 1E and 2E at Savannah Gateway from BROE Real Estate for a total of $85.9M. The buildings have a combined 628,800 SF and house Aertssen Logistics.