Southpace Brokers Complete $11 Million in Transactions During July

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While many see summer as a time to slow down, our brokers have remained busy closing deals. From office transactions to new retail leases to investment sales, they have been covering it all! Read on to find out what they’ve been up to.

John Lauriello, CCIM, SIOR and Blake Crowe, CCIM represented the owner in the sale of the 30,000 SF Berry Building at 2015 Second Avenue North in Birmingham, Alabama. Lauriello and Crowe also represented the landlord in the leasing of 4,190 SF to Strata Engineering at Hitchcock Plaza in Birmingham, Alabama.

Bryan Holt, CCIM and Blake Thomas represented Tacala in a land lease of an acre at 14650 Highway 231 in Hazel Green, Alabama. Holt also represented Great Clips in the leasing of 1,400 SF at Northport Corners shopping center in Northport, Alabama and 1,600 SF at Waddell Plaza shopping center in Huntsville, Alabama.

David Ashford, CCIM represented the landlord in the leasing of 2,000 SF to Nothing Bundt Cakes at the Whole Foods Market Center at Highway 31 and Lorna Road in Hoover, Alabama.

Greg Despinakis represented the landlord in the leasing of a 5,000 SF former Motor Max facility to Autocash, the automobile sales agency for TitleMax, at 9800 Parkway East in Center Point, Alabama.

Rich Vanchina, CCIM, SIOR represented the landlord in the leasing of 1,200 SF to Laced Up Boutique, a vintage and limited edition shoe store, in the ACME building at 1305 2nd Avenue North in Birmingham, Alabama. Vanchina also represented the owner in the sale of a 40,000 SF industrial property at 4128 Veterans Memorial in Adamsville, Alabama.

Blake Crowe, CCIM, Joseph Sedita and Steve Mordecai, CCIM facilitated a note sale for a 130,000 SF office complex in Huntsville, Alabama.

Stephen Lazarus and Troy Gisi facilitated the transaction in the sale of a 16-unit apartment complex at 4241 5th Avenue South in Avondale, Alabama.

Michael Perry represented the owner in the sale of an 8,800 SF office building to a medical device company at 212 13th Street North in Birmingham, Alabama. Perry also represented the owner in the leasing of an 11,854 SF warehouse to Simple Auto Imports, LLC at 1218 Second Avenue North in Birmingham, Alabama.

Bill McDavid, CCIM represented the owner in the sale of three lots totaling approximately three acres at Hayesbury Business Park on Helena Road in Pelham, 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 13 CCIM designees, Southpace has the highest number of CCIM accredited brokers in the Southeast under one roof.

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