Monthly Archives: January 2015

Now Open: Newk’s, Which Wich and More

We’re proud to have helped the businesses below find their home in Alabama. Now that they are officially open, we encourage you to experience their top-notch customer service and/or their delicious dishes!

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Investment Sales: It’s a strong seller’s market

By Michael Randman In a recent Southpace Properties sales meeting, one of our brokers presented a NNN, free standing, national credit tenant restaurant available for purchase. The broker was asking an 8 CAP for the deal. Within a few hours, … Continue reading

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Our 2014 Property Management Report

 By Tommy Joyce , CCIM, CPM With property management assignments stretching from Hickory, North Carolina to Dallas, Texas, Southpace Management, Inc. strives to provide unparalleled property management and maintenance services throughout the southeast. In 2014, we began important initiatives to … Continue reading

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Retail Market with David Ashford

“New Development” is a phrase we haven’t heard a lot in the last several years in the Birmingham market, however, times are changing. In 2014, the Birmingham retail market saw new tenants and restaurants, an increase in high-end grocers and … Continue reading

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Industrial Market with Rich Vanchina, CCIM, SIOR

As Alabama’s economy continues to stabilize, Birmingham’s industrial real estate market is sustaining slow and steady occupancy growth. The automotive industry, as well as Alabama’s business-friendly economic climate, continues to drive the industrial sector of the market. The overall occupancy … Continue reading

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Office Market with Blake Crowe, CCIM

I began last year’s office report by posing the question, “Are we finally seeing the end of the tunnel?” I believe we’re closer to the end of the tunnel at this point in time, but we’re not through it yet. … Continue reading

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Southpace Brokers and Employees Share Their Favorite Southpace Memories

Southpace celebrated 30 years in commercial real estate in 2014, so we asked some of our brokers and employees for their favorite Southpace memories. Here’s what they had to say.

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Inside Southpace: Leadership and the Client Experience

By Bryan Holt, CCIM, CLS The markets are tightening up. Rents are rising, vacancy rates are dropping and although it’s happening at different rates in different property sectors, we’re moving towards a new phase in the classic development cycle. New … Continue reading

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Straight Talk with John Lauriello

2014 was our 30th year in business. Where did the time go? We had a very productive 2014: new brokers, a new property manager, new property management accounts, plus several new business clients. We’re very grateful for this growth. This … Continue reading

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