The 3 Basics of Successful Retail Leasing

Professional Hand ShakeBob Young recently wrote an interesting piece in the Texas Real Estate Business magazine about how retail leasing is quickly evolving. While being highly respected in the industry, Young is Managing Director at The Weitzman Group and the 2009 President of the Retail Brokers Network, a group which Southpace is proud to be a member of as well.

In his article, “Language of Leasing,” he emphasizes how the role of the leasing agent is changing, along with tenants and properties. According to Young, successful leasing rests on three basics:

Continue reading “The 3 Basics of Successful Retail Leasing”

Featured Property: Retail Space for Lease in Prattville, Alabama

CobbsfordThis week our featured property is a retail space available for lease at 2539 Cobbs Ford Road in Prattville, AL. Located right off exit 179 on I-65, near the Bass Pros Shop in Prattville, it makes for an excellent spot for retail stores and restaurants.

Prattville, Alabama is one of the fastest growing areas in Alabama. The city even tops the list as one of Alabama’s most business-friendly cities. Despite its recent growth, the Prattville has kept its small-town charm.

Continue reading “Featured Property: Retail Space for Lease in Prattville, Alabama”

The New Trend of 2014: Wealthy Private Investors

blake_thomas_loresBy Blake Thomas, Associate Broker

Institutional capital isn’t the only capital driving investment sales up each year. Wealthy investors who typically invest in stocks and bonds seem to have a new outlook on commercial real estate. Private investors from families with a large amount of capital are jumping in on this new trend of commercial real estate investment that’s sweeping the nation.

Continue reading “The New Trend of 2014: Wealthy Private Investors”

Southpace Brokers Complete Local April Transactions

Vendor_DorothyMcDanielsNot only did Southpace broker, Greg Despinakis, represent the one and only Dorothy McDaniel’s Flower Market in the purchase of their new location, but it looks like Fultondale, Alabama will be getting a new Bojangles’ Famous Chicken ‘n Biscuits.

Take a look at some of the other local deals our brokers completed during the month of April.

Continue reading “Southpace Brokers Complete Local April Transactions”