Monthly Archives: September 2013

CAP Rates Remain Low, For Now

As summer is coming to an end, CAP rates for net lease retail properties continue to remain low. Some of the lowest average rates are coming from segments such as banks, c-stores and pharmacies. While top tier assets remain in … Continue reading

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Featured Property: Steiner Bank Office Building

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Supreme Court Decision Could Affect Real Estate Developer Permits

After a recent decision made by the Supreme Court of the United States, denying or attaching conditions to the issuance of a development permit could be equated to taking. In the Koontz opinion, the Court held that the government’s demand … Continue reading

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John Lauriello named one of Birmingham’s 50 Most Influential Executives

Congratulations to Southpace Principal John Lauriello for being named one of Birmingham’s 50 Most Influential Executives by the Birmingham Business Journal. John has continued to play a major role in the revitalization of downtown Birmingham while saving more than 28 … Continue reading

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Southpace Completes $7 Million in Transactions During August

August has been a great month. Here’s a look at some of our biggest deals. Stutts Everette represented Brick and Tin in the leasing of 2,673 SF at 2901 Cahaba Road in Mountain Brook, Alabama. This will be their second … Continue reading

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