Monthly Archives: January 2013

2012 Top 5 Southpace Brokers

At Southpace, we start each new year by honoring our top five producing brokers from the previous year. Our 2012 top five should come as no surprise to those in the Birmingham area commercial real estate industry.

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Back to the Basics of Property Management

By Gabrielle Keel, CPM, RPA By definition, Property Management is a “professional activity where one oversees the operation of a property, whether it is commercial, industrial, residential, multi-family or retail, where the property objectives are dictated by ownership.” Further peeling … Continue reading

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Straight Talk with John Lauriello – What to Expect from Southpace in 2013

Another year is behind us, and wow was that fast! I remember my father telling me “the older you become, the faster time goes by.” I used to think it was crazy, but now I understand. Actually, 2012 was a … Continue reading

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Inside Southpace during 2012

By Bryan Holt, CCIM 2012 was a good year for Southpace. Productivity was up in both brokerage and property management, occupancy rates and rental rates improved across our portfolio and we added more capability in personnel and in operations. We … Continue reading

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Southpace completes more than $35 million of transactions

During November and December 2012, Southpace brokers completed 49 transactions for a combined total of more than $35 million. Among the many deals, two that are most noteworthy include brokers Bryan Holt and Tyler Bradford who represented Gander Mountain, an … Continue reading

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Birmingham Retail Happenings in 2012

By David Ashford, CCIM As the old saying goes, “Slow and steady wins the race.” That’s how I would describe retail in the Birmingham market in 2012. Vacancy rates dropped every quarter this year and new tenants continue to find … Continue reading

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Birmingham Industrial Market in 2012

By Rich Vanchina, CCIM, SIOR After experiencing modest gains in 2011, occupancy rates of industrial real estate stayed flat in Birmingham during the first three quarters of 2012. The overall occupancy rate of the 16 million square feet of multi-tenant … Continue reading

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Birmingham’s Office Market in 2012

By Blake Crowe, CCIM As Birmingham’s office market goes, status quo is status quo. The vacancy rates have not changed significantly over the past few years. The 3rd quarter vacancy rate in 2011 was approximately 17.55%. As of the end … Continue reading

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Commercial Real Estate in 2013

It can be difficult to make predictions about how an industry will do in the coming year, but the last few weeks of 2012 helped shape what’s expected in 2013. CoStar Group, one of the largest providers of commercial real … Continue reading

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