Monthly Archives: November 2012

Triple net properties for stable investment

By Michael Randman, Southpace Broker In today’s investment environment, returns on capital have become compressed as a result of historically low interest rates and a lack of investment grade properties available to purchase.  Money market funds and bonds are not … Continue reading

Posted in Commercial real estate, Retail Market | Tagged , , , , , | Leave a comment

Southpace broker Sloan Stevens awarded scholarship

At Southpace, we love to see our brokers continue their education and grow their portfolios to become the best of the best in commercial real estate. This usually means becoming a Certified Commercial Investment Member (CCIM), and it’s part of … Continue reading

Posted in CCIM | Tagged , , , , | Leave a comment

Straight Talk with John Lauriello: Effects of the Election

Southpace has had a great 2012 with a lot of properties moving and transactions closing. We had several deals coming up and a lot of momentum going into 2013, but after the election, that all seems to have changed. Things … Continue reading

Posted in Straight Talk with John | Tagged , , , | Leave a comment

Done Deals

The third quarter of 2012 has been a busy one so far for Southpace Properties. Our brokers have been working hard to close deals before the end of the year. Here are a few of our biggest done deals from … Continue reading

Posted in Commercial real estate, Done Deals | Tagged , , | Leave a comment

Omniretailing could be the wave of the future

By Tyler Bradford, Southpace Broker How well do you remember life before texting? It’s hard to think back to a time when it wasn’t such a big part of our daily activity. I think a new trend called “omnichannel” retailing … Continue reading

Posted in Commercial real estate, Retail Market | Tagged , , , , | 1 Comment

Midtown Birmingham is city’s strongest office market in Q3

By Blake Crowe, CCIM Our brokers have taken a look at the 3rd quarter of 2012 for our industrial and retail divisions. Now, let’s shift to our office division. We track approximately 18 million square feet of office space in … Continue reading

Posted in Commercial real estate, Office Market | Tagged , , , | Leave a comment

Looming tax hike fueling sales

By Michael Randman, Southpace Broker For anyone contemplating the sale of a commercial property, selling this year is going to be substantially cheaper than next year.  The Obama administration will push for an increase in the capital gains tax, the … Continue reading

Posted in Commercial real estate, Economic news | Tagged , , , , | Leave a comment

Continued retail growth expected to finish out 2012

ByDavid Ashford, CCIM, Director of Southpace Retail Division Since January 2012, we have seen the vacancy rate fall from 12.5% down to 10.9% with positive absorption of 550,000 square feet. All in all, it’s been a very good year for … Continue reading

Posted in Commercial real estate, Retail Market | Tagged , , , , | 1 Comment

Owner occupied industrial buildings hot in Q3

By Rich Vanchina, CCIM, SIOR The 3rd quarter of 2012 has come and gone, so let’s take a look at what we saw in the industrial commercial real estate market. This quarter, we saw a negative absorption rate of 112,000-square-feet, … Continue reading

Posted in Commercial real estate, Industrial Market | Tagged , , , , | 1 Comment

What to expect in today’s restaurant market

By David Ashford, CCIM, Director of Southpace Retail Division With every article you read, you get a different opinion about the retail market. One says recovery is on the way, while another says everything is falling down around us. Stores … Continue reading

Posted in Commercial real estate, Restaurants, Retail Market | Tagged , , , , | Leave a comment