TOKYO AND BOCA RATON, FLA. — SoftBank Group Corp. has agreed to acquire DigitalBridge, a global asset manager based in Boca Raton that invests in data centers, cell towers and fiber networks. The Tokyo-based investment firm is looking to grow its AI and digital infrastructure platforms and capabilities with this acquisition. SoftBank has agreed to indirectly acquire all outstanding shares of DigitalBridge (NYSE: DBRG) for $16 per share, giving the acquisition a total enterprise value of approximately $4 billion. The acquisition price is a 50 percent premium to the unaffected 52-week average closing price as of Dec. 4, 2025. Upon completion of the transaction, which is expected for the second half of the year, DigitalBridge will continue to operate as a separately managed platform led by Marc Ganzi. The board of directors at DigitalBridge has unanimously approved the transaction.
ATLANTA — Selig Enterprises has obtained a $245 million loan for the refinancing of 1105 West Peachtree, a 31-story office tower in Midtown Atlanta. The 653,525-square-foot tower was nearly fully leased at the time of financing to tech giant Google and law firm Smith, Gambrell & Russell. Matt Rendele and Christine Curry of Selig worked with CBRE on the financing, which was structured as a CMBS SASB (single-asset/single-borrower) loan. Delivered in 2021, 1105 West Peachtree features The Office Bar and Sky Plaza, a one-acre amenity deck that connects to the Epicurean Atlanta hotel and 40 West 12th, a luxury condo tower.
JACKSONVILLE, FLA. — CBRE has brokered the sale of Pier 5350, a 400-unit apartment community located at 5350 Arlington Expressway in Jacksonville. The waterfront property sits on 22 acres directly across the St. Johns River from downtown Jacksonville. Locally based GMC Properties purchased the community from Atlas Real Estate Partners for an undisclosed price. John Rutherford and Luke McCann of CBRE represented both parties in the transaction. Pier 5350 comprises studio, one-, two- and three-bedroom apartments within 46 residential buildings. The property has recently undergone a $14 million capital improvement plan, with updates made to unit interiors, the pool, waterfront clubhouse, fitness center, picnic areas and the community’s private fishing dock.
LOUISVILLE, KY. — Cushman & Wakefield | Commercial Kentucky has arranged the sale of Indian Trail Square, a 289,937-square-foot shopping center located at 5733 Preston Highway in Louisville. The property’s tenant roster includes Save A Lot, Dollar Tree, Ollie’s Bargain Outlet and Citi Trends. Lexington, Ky.-based BC Wood Properties sold the 30-acre property to an undisclosed buyer. The sales price was also not disclosed. Craig Collins and Austin English of Cushman & Wakefield | Commercial Kentucky, along with Evan Halkias, Hank Davis and David Matheis of Cushman & Wakefield, represented the seller in the transaction.
As 2025 closes, data suggests that the greater metropolitan Washington, D.C., area is stable but, like most markets nationally, remains below the industrial peak values achieved post-pandemic when vacancy rates hovered below 5 percent. That is no surprise, as we may never experience another “perfect storm” scenario in our lifetimes. The overall market for industrial buildings 100,000 square feet and larger is a healthy 6.3 percent, inclusive of data centers. A significant percentage of vacancy is masked by the build-out of data centers in Northern Virginia because, removing this asset class, the vacancy increases to approximately 9.1 percent. The number increases closer to 10 percent when we focus more specifically on logistics spaces, according to data from CoStar Group. Confidence remains strong for leasing activity in larger Class A industrial buildings, but the underlying economic fundamentals, uncertainty in tariff policy and geopolitical instability could lead to a continued trend of higher vacancy rates in the future. Consumer spending underpins the economy and is increasingly dependent on wealthier households who account for the majority of spending. Low- and middle-income households have continued to be squeezed by the rising costs of food, fuel and housing, which impacts the demand for shipped, manufactured …
HUNTSVILLE, ALA. — RCP Cos. has unveiled plans for MidCity Arts + Innovation, a 12-acre development within the larger $2.2 billion MidCity District in downtown Huntsville. The project represents a $300 million investment and will expand the development’s master plan by three city blocks along Sanderson Road. MidCity Arts + Innovation will be anchored by MidCity Live, a 3,000-seat indoor music venue jointly designed by Matheny Goldmon Architects and Urban Design Associates. RCP will name an operating partner for the venue in early 2026. MidCity Live will join The Orion Amphitheater, an existing 8,000-seat music venue within MidCity District. Other components of the expansion will include a new location for The Camp, an outdoor venue and community gathering space; two hotels, including a 200-room, music-branded hotel; a tech-centric office campus developed by the Apollo Coalition nonprofit; and approximately 60,000 square feet of new retail and entertainment space.
SHEPHERDSVILLE, KY. — A joint venture between Highline Real Estate Partners and Growth Capital Partners (GCP) has purchased a 936,000-square-foot industrial facility located at 100 W. Thomas P. Echols Lane in Shepherdsville, a southern suburb of Louisville. Built in 2009 near an I-65 interchange, the 51.5-acre property has been fully leased to Amazon since 2013. George Fallon of CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed.
MURFREESBORO, TENN. — Cushman & Wakefield has arranged a $76 million loan for the refinancing of Overall Creek Apartments, a 384-unit multifamily community located at 5150 Jack Byrnes Drive in Murfreesboro, about 33 miles southeast of Nashville. John Alascio, Chuck Kohaut and Chris Meloni of Cushman & Wakefield arranged the loan through PCCP on behalf of the borrower, Denholtz, a private investment management firm based in Red Bank, N.J. Built in 2020, Overall Creek was 94 percent occupied at the time of financing. The property offers one-, two- and three-bedroom residences averaging 1,057 square feet in size, as well as a courtyard with a pool and grill stations, fire pits, a dog park, hydro massage room, tanning bed, business center and a fitness center.
CLEMSON, S.C. AND BATON ROUGE, LA. — A joint venture between GMH Communities and AEW Capital Management has acquired two student housing communities in Clemson and Baton Rouge. The acquisitions included Dockside at Clemson, a 633-bed student housing property located near the Clemson University campus in South Carolina; and Flatiron, a 293-bed community located near Louisiana State University (LSU) in Baton Rouge. Dockside has been rebranded The Cove at Clemson as part of the acquisition. The property offers units in studio, one-, two-, three- and four-bedroom configurations with bed-to-bath parity. Shared amenities include study rooms and lounges, a coffee bar, fitness center, lakefront boardwalk, game room, dog park and walking paths. Flatiron offers units in studio, one-, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities include a fitness center, computer lab, pool, grilling station, yoga studio, clubhouse, dog park and study rooms. Mike Brady, Jake Wisness, Bill Maloney and Jake Davidson of JLL secured financing for the acquisition. Teddy Leatherman of JLL brokered the acquisition of the properties from seller Fountain Residential. Terms of the transaction were not released.
MURRELLS INLET, S.C. — Berkadia has brokered the sale of Waterleaf at Murrells Inlet, a 240-unit, garden-style apartment community located at 13 Muddy Bay Drive near Myrtle Beach. Caleb Troop, Mark Boyce, Jim Sewell, David Lansbury, Erika Maston, Blake Coffey, Thomas Colaiezzi and Matt Robertson of Berkadia represented the seller, Greenville, S.C.-based Graycliff Capital, in the transaction. North Carolina-based Chaucer Creek Capital purchased Waterleaf at Murrells Inlet for an undisclosed price. Jeremy Lynch and Jake Adoni of Berkadia’s Philadelphia office secured acquisition financing on behalf of the buyer. Built in 2018, the apartment community features one-, two- and three-bedroom apartments ranging in size from 726 to over 1,100 square feet. Amenities include a fitness center with cardio and weightlifting equipment; a clubhouse with a lounge, game room and fireplace; dog park with a wash station; a saltwater swimming pool; an outdoor entertainment area with a firepit; private garages; and a car wash station.