Southpace Brokers Win YMCA Golf Tournament

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Southpace team members Andrew Loveman, David James, Steve Lazarus and Tyler Bradford (not pictured) pose for a winning team pic with golf tournament emcee and Southpace broker and YMCA junior board President Joseph Sedita.

In case you were wondering, making deals and closing transactions aren’t the only things our brokers are good at doing.  Turns out, they’re pretty good at swinging and putting a golf club as well!

Southpace brokers Andrew Loveman, CCIM, Tyler Bradford, CCIM, Steve Lazarus and Southpace Controller David James brought home the first place trophy this past Friday July 24th from the YMCA Swing to Swim golf tournament.

The tournament took place at the Pine Tree Country Club in Birmingham, Alabama and benefitted the YMCA’s Learn to Swim initiative which offers a free comprehensive water safety program to at-risk children in Birmingham’s under-served areas. Southpace Broker and YMCA Junior Board President Joseph Sedita helped organize the event, which was sponsored by the YMCA Junior Board.

Way to go guys!

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John Lauriello: Birmingham’s Most Influential

Southpace Principal John LaurielloSouthpace Principal John Lauriello was recently honored as one of Birmingham’s Most Influential Executives by the Birmingham Business Journal.

A total of 60 individuals were selected as Influential Executives because of the key role they will play in shaping the future of the Magic City.

The list includes a broad range of individuals covering many careers, including heavy industry, higher education, commercial real estate and health care.

Congratulations John on this special honor!

To learn more about John and the other Birmingham leaders who were chosen, you can visit the BBJ Most Influential Executives slideshow here.

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Southpace Brokers Complete $11 Million in Local Transactions During Month of June

palmettoschoolOur brokers are still hard at work, closing more than $11 million in transactions during the month of June, including a new tenant to the Birmingham area, the Palmetto School of Career Development.

David Ashford, CCIM and Stutts Everette represented the Palmetto School of Career Development in the leasing of 1,440 SF at Galleria Trace Plaza on Highway 150 in Hoover, Alabama. Ashford also represented the landlord in the leasing of 4,300 SF to Anytime Fitness at the Willkommen Center in Cullman, Alabama.

Bob Vines represented ACT Properties in the purchase of the former V. Richards property, as well as two other adjacent properties at 3912 and 3920 Clairmont Avenue in Birmingham, Alabama.

John Lauriello, CCIM, SIOR and Blake Crowe, CCIM represented the tenant in a lease renewal of 10,238 SF at 600 20th Street South in Birmingham, Alabama. Crowe also represented the landlord in the leasing of 683 SF to a law firm at the Title Building in Birmingham, Alabama.

Bill McDavid, CCIM represented DHL Express in the leasing of 25,200 SF at 3636 7th Avenue North in Birmingham, Alabama.

Rich Vanchina, CCIM, SIOR and Jim Collins, CCIM represented the landlord in a lease renewal of 61,658 SF and expansion of 21,094 SF to NDI Office Furniture, LLC at 165 Goodrich Drive in Birmingham, Alabama. Graham and Company represented the tenant. Vanchina also represented the landlord in the leasing of 7,200 SF and 1.5 acres at 1880 Lorna Crest Road in Birmingham, Alabama. Vanchina also represented the landlord in the leasing of 9,500 SF to National Seating and Mobility at 115 45th Place North in Birmingham, Alabama.

Julie Gieger, CCIM, CPM represented Blue Ridge Best Foods, Inc. in the sale of a 2,068 SF building to Wireless Communications at 7911 Crestwood Boulevard in Birmingham, Alabama.

David Ashford, CCIM and Andrew Loveman, CCIM represented the landlord in the leasing of 1,200 SF to Pizza Hut at Edgemont Town Center in Homewood, Alabama. Ashford and Loveman also represented the landlord in a lease renewal of 1,200 Parkway Cleaners at 445 Main Street in Trussville, Alabama.

Andrew Loveman represented the owner in the investment sale of the Irondale Mobile Home Park in Irondale, Alabama.

 

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. At Southpace, we add value to the use and ownership of commercial real estate through services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, property management and construction management. With 12 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.

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Southpace Participates in Big Green Eggs in the Ham

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The Southpace cooking team dishin’ out some tasty treats at the Big Green Eggs in the Ham event.

For once, it wasn’t deals that Southpace Principal Bryan Holt and Broker Rich Vanchina were cookin’ up. Instead of negotiations, they were dishin’ out delicious items like chargrilled oysters, spicy chicken wings and bacon wrapped dates. And it was all in the name of food, fun and philanthropy.

This past Saturday June 20th, Southpace was one of more than 40 teams to participate in the Big Green Eggs in the Ham cooking contest at Regions Field. All proceeds from the event benefitted The Easter Seals of Birmingham. Each team created their own menu and could make anything they wanted, the only catch was that it must be cooked on a Big Green Egg.

For a ticket price of only $15, event attendees filled their bellies by sampling a variety of dishes from the participating cooking teams. Children 12 and under enjoyed free admission—including access to the Kid Zone area at Regions Field.

This was our second year to participate in this event and we had such a great time we can’t wait to start working on the menu for next year!

ps. Don’t forget you can keep up with all of the Southpace happenings via Instagram!

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Now Open: Milo’s Hamburgers

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Milo’s re-opens in Tuscaloosa, Ala. Photo courtesy of Milo’s.

We’re excited to announce that after a long anticipated wait, “everybody, everybody, everybody, everybody” can go to Milo’s Hamburgers again in Tuscaloosa!

The grand re-opening of the Milo’s Tuscaloosa location took place this past Wednesday June 17th and they have been serving very happy customers for the past week. Milo’s fans have been missing their favorite “saucy” burger joint for more than four years since the previous location was destroyed by the tornadoes that struck Tuscaloosa on April 27, 2011.

Southpace Principal Bryan Holt, CCIM is proud to have represented Milo’s in finding their new location at Highway 69 and Skyland Boulevard.

If you’re in T-town (or at least heading that way), stop by today for one of their famous burgers, seasoned fries, choice dipping sauces or even try their brand new breakfast items. Just remember to Stay Saucy!

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Southpace Brokers Complete More Than $22 Million in Local Transactions During the Month of May

wholefoodsThings are really starting to heat up around the Southpace office! We had a great month of May with our brokers closing more than $22 million in local transactions, including a new Birmingham location for America’s Healthiest Grocery Store™, Whole Foods Market, at the former Riverchase Village shopping center.

David Ashford, CCIM represented the landlord in the leasing of 50,047 SF to Whole Foods Market at 3780 Riverchase Village in Hoover, Alabama. Renovations to the anchor box space are under construction and Whole Foods plans to open in mid-2016.

John Lauriello, CCIM and Blake Crowe, CCIM represented the owner in the sale of the 57,000 SF Booker T. Washington building at 1728 3rd Avenue North in Birmingham, Alabama. John Coleman of Graham and Company represented the buyer, Gray Construction, who will renovate the space for their Southeastern regional office headquarters.

Bryan Holt, CCIM represented Verizon Wireless in the leasing of 6,872 SF at 104 Inverness Corners in Birmingham, Alabama.

Troy Gisi and Blake Thomas represented a local business owner in the purchase of 3,500 SF of retail space at 1713 4th Avenue North in Birmingham, Alabama. Gisi and Thomas also represented the landlord in the leasing of 2,100 SF to Fresh Air Solutions at 3030 Pelham Parkway in Pelham, Alabama. Thomas also represented CUI Cable in the leasing of 10,690 SF at 22 Inverness Center Parkway in Birmingham, Alabama.

David Ashford, CCIM and Troy Gisi represented the landlord in the leasing of 4,200 SF to a gym at 3435 South Shades Crest Road in Birmingham, Alabama. Ashford and Gisi also represented the landlord in the leasing of 1,500 SF to La Sabrosita Mexican restaurant at West Valley Plaza in Birmingham, Alabama. Ashford and Gisi also represented the landlord in a lease renewal of 1,500 SF to Los Padres Taquaria at Lorna Town Square shopping center in Hoover, Alabama.

Rich Vanchina, CCIM, SIOR represented the landlord in the leasing of 13,580 SF to Unkanny Productions, Inc. promotional company at 4500 5th Avenue South in Birmingham, Alabama. Vanchina also represented the landlord in a lease renewal of 6,000 SF to Crossfit Sky Soldiers and a lease renewal of 2,588 SF to Southern Dance Arts dance studio at 1520 Simmsville Road in Alabaster, Alabama. Vanchina also represented the landlord in a lease renewal of 7,500 SF to Kona Ice at 1510 Simmsville Road in Alabaster, Alabama.

Joseph Sedita represented the owner in the sale of 3,800 SF office building to Lighting Solutions, Inc. at 3180 Cahaba Heights Road in Vestavia Hills, Alabama.

Stutts Everette represented Verizon Wireless in the leasing of 1,200 SF at The Shoppes of Letson Farms in McCalla, Alabama. Everette also represented the landlord in the leasing of 4,205 SF to Health Star Physical Therapy and 3,598 SF to Johnny Ray’s Corporate at The Colonnade Shopping Center in Birmingham, Alabama.

Michael Perry represented the buyer in the investment purchase of a 7,405 SF multi-family property at 2029 13th Avenue South in Birmingham, Alabama. Perry also represented the buyer in the purchase of a 34,000 SF office warehouse at 212 13th Street North in Birmingham, Alabama.

Andrew Loveman, CCIM represented the landlord in the leasing of 1,750 SF to Cricket Wireless at 6662 Highway 75 in Pinson, Alabama.

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. At Southpace, we add value to the use and ownership of commercial real estate through services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, property management and construction management. With 12 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.

 

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Former V. Richards Property Purchased

VrichardsSouthpace broker Bob Vines represented ACT Properties in the purchase of the former V. Richards property, as well as two other adjacent properties at 3912 and 3920 Clairmont Avenue in Birmingham, Alabama.

Stay tuned, more to come!

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Now Open: Saturn/Satellite and Rowe’s Service Station

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We’ve been watching (and helping!) the Avondale area grow for the past few years, so we couldn’t be more excited to announce the opening of two new establishments in the up-and-coming neighborhood.

First up is Saturn and Satellite, Birmingham’s newest music venue with an accompanying bar and coffee shop. Saturn is owned by former Bottletree promoter, Brian Teasley, who is partnering with The Bowery Presents to bring a diverse portfolio of musical acts to Birmingham—including independent and local artists. Click here for the concert calendar to see who’s performing soon.

Satellite is the companion bar and coffee shop for Saturn. Beginning at 7 a.m. you can find a caffeine buzz via Portland-based Stumptown coffee while you fill your belly with home-cooked pastries from Birmingham’s own Baking Bandits. Later, at a more “appropriate” time, you can wet your whistle with a variety of local craft beers and both classic and creative cocktails.

Southpace broker Bob Vines represented the landlord in the leasing of 13,000 SF to Brian Teasley for the development of Saturn at 200 41st Street South in Avondale, Alabama.

Before you catch a show at Saturn, be sure to stop in Rowe’s Service Station—Avondale’s newest restaurant addition—for a delicious dinner. Actually, you could also stop in for breakfast or lunch and even for brunch on the weekends. Some of us at Southpace are particularly excited to try their chicken and waffles.

Rowe’s Service Station, owned by Cliff Atkins Sr. & Jr., features a cozy atmosphere inside the former Rowe’s Auto Service shop. The Atkins also own and operate 41st Street Pub and Aircraft Sales located just down the street.

Bob Vines also represented the landlord in the leasing of space for the development of Rowe’s Service Station at 4100 4th Avenue South in Avondale, Alabama.

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John Lauriello: Executive of Influence

Southpace Principal John LaurielloSouthpace Principal John Lauriello was recently honored as an Executive of Influence by the Birmingham Business Journal.

A total of 30 individuals were selected as Executives of Influence because of their ability to spark positive change and lead Birmingham’s economic growth.

Congratulations John on this special honor!

To learn more about John and the other Birmingham leaders who were chosen, you can visit the BBJ Executives of Influence page here.

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The Benefits of a Network

RBNmap_logoWe recently read a blog post written by Brad Umansky, President of Progressive Real Estate Partners in California, about the perks of being a member of the Retail Brokers Network (RBN).

It was such a great article (that we also happen to agree with whole-heartedly) that we reached out to Brad for permission to post it here on our blog. Luckily for us, Brad agreed!

Apart from the opportunity to exchange leads and create more business for each other, here are the top four benefits Brad cites for being a member of the RBN, with a few of our own notes:

1) Great visibility at the ICSC RECon conference in Las Vegas May 17-20th. If you are attending, we encourage you to stop by the RBN booth at C111 Union Street. We share a massive booth with other members, making it convenient for our brokers to serve our clients.

2) Sharing the “best practices” for running your brokerage firm and serving your clients. It’s great to receive helpful insight from other top commercial real estate firms across the country.

3) Receiving coaching and training from outside consultants such as The Massimo Group and Top Dogs.

4) Gaining market knowledge by understanding what is happening in other markets throughout the country, including sharing investment listings during our investment sales calls.

He also mentions the best part of being “boutique” while also being a part of a national network is that we have the flexibility to run our firms the best way we see fit while also having the resources of a national platform.

Thanks Brad for allowing us to share your thoughts. We couldn’t agree more. Southpace has enjoyed the benefits of being a part of the RBN for several years now and we’re looking forward to reconnecting with all members in just a few days at RECon in Vegas!

To read Brad’s full article, click here.

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. At Southpace, we add value to the use and ownership of commercial real estate through services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, property management and construction management. With 12 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.

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