Southpace Brokers Complete Over $11 Million in Local Transactions During the Month of June

John Lauriello, CCIM, SIOR, CPM sold and closed the Classic Wine Building located at 1920, 29th Avenue South in Homewood, Alabama to an investor for $2,400,000. Classic Wine will remain in the building for another 60-90 days and then relocate. The new owner/investor plans on renovating the building for a restaurant tenant.

Rich Vanchina, CCIM, SIOR and Bill McDavid, CCIM sold an office warehouse property at 5520 Eastcliff Industrial Boulevard to Johnson Battery out of
Atlanta. It was a 17,000 square foot building on 2.75 acres.

Bryan Holt, CCIM, CLS represented the buyer in the purchasing of a Hardee’s in Prattville, AL. Holt also represented Great Clips in its closing on a 1,400 square foot Saraland location. He represented ATI Physical Therapy in the leasing of 2,499 square feet in Gardendale.

Blake Crowe, CCIM aided McGlinchey Stafford law office in an office lease expansion totaling 2,089 square feet in the month of June. Crowe also represented the landlord in an office lease renewal at 2101 Highland Avenue with a total of 12,455 square feet as well as a 5,000 square feet lease renewal inside the Wells Fargo Tower.

Blake Thomas represented Which Wich Superior Sandwiches for their new location at the up and coming residential and mixed-use development The Waites Apartments in downtown Birmingham.

David Ashford, CCIM and Alex Benson represented the landlord in the lease of a 1,847 square foot space in Pinebrook Shopping Center in Mobile, AL to a chiropractor. Ashford also represented the landlord in a 1,900 square foot lease in Trussville Promenade I as well as a 5,115 square foot space in Whole Foods Market Place in Hoover for Market House Boutique. He represented the landlord in Galleria Trace Plaza in the lease of 1,440 square foot for UpTech Computer.

Andrew Loveman, CCIM and David Ashford, CCIM represented the landlord in the leasing of 1,200 square feet in Anchi Plaza to Boost Mobile.

Troy Gisi represented the seller of a 3,700 square foot retail/office building at 5800 Oporto Madrid Blvd South in Birmingham, AL.

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