Now Open: Saturn/Satellite and Rowe’s Service Station

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We’ve been watching (and helping!) the Avondale area grow for the past few years, so we couldn’t be more excited to announce the opening of two new establishments in the up-and-coming neighborhood.

First up is Saturn and Satellite, Birmingham’s newest music venue with an accompanying bar and coffee shop. Saturn is owned by former Bottletree promoter, Brian Teasley, who is partnering with The Bowery Presents to bring a diverse portfolio of musical acts to Birmingham—including independent and local artists. Click here for the concert calendar to see who’s performing soon.

Satellite is the companion bar and coffee shop for Saturn. Beginning at 7 a.m. you can find a caffeine buzz via Portland-based Stumptown coffee while you fill your belly with home-cooked pastries from Birmingham’s own Baking Bandits. Later, at a more “appropriate” time, you can wet your whistle with a variety of local craft beers and both classic and creative cocktails.

Southpace broker Bob Vines represented the landlord in the leasing of 13,000 SF to Brian Teasley for the development of Saturn at 200 41st Street South in Avondale, Alabama.

Before you catch a show at Saturn, be sure to stop in Rowe’s Service Station—Avondale’s newest restaurant addition—for a delicious dinner. Actually, you could also stop in for breakfast or lunch and even for brunch on the weekends. Some of us at Southpace are particularly excited to try their chicken and waffles.

Rowe’s Service Station, owned by Cliff Atkins Sr. & Jr., features a cozy atmosphere inside the former Rowe’s Auto Service shop. The Atkins also own and operate 41st Street Pub and Aircraft Sales located just down the street.

Bob Vines also represented the landlord in the leasing of space for the development of Rowe’s Service Station at 4100 4th Avenue South in Avondale, Alabama.

John Lauriello: Executive of Influence

Southpace Principal John LaurielloSouthpace Principal John Lauriello was recently honored as an Executive of Influence by the Birmingham Business Journal.

A total of 30 individuals were selected as Executives of Influence because of their ability to spark positive change and lead Birmingham’s economic growth.

Congratulations John on this special honor!

To learn more about John and the other Birmingham leaders who were chosen, you can visit the BBJ Executives of Influence page here.

The Benefits of a Network

RBNmap_logoWe recently read a blog post written by Brad Umansky, President of Progressive Real Estate Partners in California, about the perks of being a member of the Retail Brokers Network (RBN).

It was such a great article (that we also happen to agree with whole-heartedly) that we reached out to Brad for permission to post it here on our blog. Luckily for us, Brad agreed!

Apart from the opportunity to exchange leads and create more business for each other, here are the top four benefits Brad cites for being a member of the RBN, with a few of our own notes:

1) Great visibility at the ICSC RECon conference in Las Vegas May 17-20th. If you are attending, we encourage you to stop by the RBN booth at C111 Union Street. We share a massive booth with other members, making it convenient for our brokers to serve our clients.

2) Sharing the “best practices” for running your brokerage firm and serving your clients. It’s great to receive helpful insight from other top commercial real estate firms across the country.

3) Receiving coaching and training from outside consultants such as The Massimo Group and Top Dogs.

4) Gaining market knowledge by understanding what is happening in other markets throughout the country, including sharing investment listings during our investment sales calls.

He also mentions the best part of being “boutique” while also being a part of a national network is that we have the flexibility to run our firms the best way we see fit while also having the resources of a national platform.

Thanks Brad for allowing us to share your thoughts. We couldn’t agree more. Southpace has enjoyed the benefits of being a part of the RBN for several years now and we’re looking forward to reconnecting with all members in just a few days at RECon in Vegas!

To read Brad’s full article, click here.

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. At Southpace, we add value to the use and ownership of commercial real estate through services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, property management and construction management. With 12 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.

Our April done deals; including Pranzo and Fleet Feet

pranzoOur brokers didn’t let all of the April showers slow them down! They worked
hard through the rain to close more than
$5 million in transactions last month including Pranzo, a new eatery downtown in the Concord Center which will feature casual Italian fare.

Check out more details about our April done deals below!

Bill McDavid, CCIM represented Pranzo, an Italian-influenced restaurant, in the leasing of 3,750 SF in the Concord Center at 2100 Third Avenue North, Suite 100 in Birmingham, Alabama.

Bryan Holt, CCIM and Tyler Bradford, CCIM represented Fleet Feet in the leasing of 2,957 SF at 3972 Airport Boulevard in Mobile, Alabama.

John Lauriello, CCIM and Blake Crowe, CCIM represented Barry Marks and Associates in the leasing of 1,466 SF of office space at Century Park South in Birmingham, Alabama. Crowe also represented Smith & Pace, PC in a lease renewal of 5,654 SF at SouthBridge Office Park in Birmingham, Alabama.

Anne Michaels represented the owner in the leasing of 1.7 acres to Jack’s Family Restaurant at 2539 Cobbs Ford Road in Prattville, Alabama.

Bob Vines represented the landlord in the leasing of 5,000 SF to Third Street Presbyterian Church for campus expansion at 617 22nd Street in Birmingham, Alabama. Vines also represented B’ham Properties, LLC in the purchase of a 14,700 SF warehouse at 3722 Third Avenue South in Birmingham, Alabama.

David Ashford, CCIM represented the landlord in a lease renewal of 1,868 SF to 32 Degrees Yogurt Bar at Country Club Park in Mountain Brook, Alabama.

Julie Gieger, CCIM, CPM and Michael Randman represented the landlord in a lease renewal and expansion to 41st Street Pub and Aircraft Sales at 130 41 Street in Avondale, Alabama.

Rich Vanchina, CCIM, SIOR represented the owner in the sale of an 8,750 SF warehouse at 1880 Woodlands Industrial Drive in Birmingham, Alabama. Bill McDavid, CCIM represented the buyer. Vanchina also represented the landlord in a lease renewal of 14,500 SF office/warehouse to Ingersoll Rand at 900 Powder Plant Road in Bessemer, Alabama. Vanchina also represented the landlord in the leasing of 7,200 SF office/warehouse to Mercedes of Birmingham at 3951 South Lorna Road in Birmingham, Alabama. Vanchina also represented the landlord of the Magic City Casket Building at 2229 First Avenue South in the leasing of 1,800 SF of office space to New Point Digital, LLC and 2,980 SF of office space to Simonton Swaika Black Architects, Inc.

Joseph Sedita represented the Ironworkers Union in the leasing of 1,850 SF at 137 West Oxmoor Road in Homewood, Alabama. Sedita also represented Trowbridge Wealth Management in the purchase of a 4,864 SF office building at 2108 Rocky Ridge Road in Birmingham, Alabama.

Steve Mordecai represented the buyer in the purchase of the Cheshire Park subdivision in McCalla, Alabama.

Andrew Loveman, CCIM represented the landlord in the leasing of 1,800 SF to AT&T at 10055 Memorial Parkway in Huntsville, Alabama.

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. At Southpace, we add value to the use and ownership of commercial real estate through services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, property management and construction management. With 12 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.