Category Archives: Economic news

Straight Talk with John Lauriello

Looking back at 2015 Last year was our 31st year in business. As I say every year, “Where did the time go?” We had an overall good year in 2015; had a few staff changes, added some folks, lost one … Continue reading

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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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REITs: A Better Investment Than Stocks

During the first half of 2014, the National Association of Real Estate Investment Trusts reported the stock exchange-listed U.S. equity REITs were up 16.25%, with a dividend yield of 3.52%. Yet the S&P 500 Index reports a total return of … Continue reading

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How Construction Activity Betters Our Economy

By Charles Ferlisi, Director of Development & Construction Consulting at Southpace Properties, Inc. I recently came across an article in the Birmingham Business Journal by Jay Reed, President of the Associated Builders and Contractors of Alabama. His piece was titled … Continue reading

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Birmingham In the National News Again

Birmingham has done it again! The city and its downtown development are the focus of a recent New York Times (NYT) article, called “A Return to Downtown Birmingham.”

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Avondale: Birmingham’s Next Great Neighborhood

By Christen Lewis, Southpace Director of Marketing and Research If you attended the Birmingham CREW Panel a couple of months ago, then you heard straight from our own horse’s mouth (aka, Southpace principal John Lauriello) that the Avondale area is … Continue reading

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Birmingham Featured in New York Times

We’ve been talking about how great Birmingham is for a while now. We’re glad to see that the New York Times agrees with us! Here’s a great article about how Birmingham is making a come back, “Once Dying, Birmingham is … Continue reading

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John Lauriello Speaks Up on BirminghamCREW Panel

Southpace Principal John Lauriello is known for his strong opinions. He’s passionate about downtown Birmingham, which made him a perfect choice to sit on a panel about new developments happening downtown at a BirminghamCREW event on May 21, 2013.

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Birmingham Named One of Top 15 Emerging Downtowns

In a recent Forbes article, Birmingham is named as one of the nation’s top emerging downtowns, listing our city in the same company of Denver, El Paso, Louisville, Los Angeles, New York and others.

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Can I Get Financing for My Project?

By Neill Fox, CCIM Before I discuss the above topic let me provide a little background information on me, so one can better understand where I am coming from regarding commercial real estate financing in the current market.

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