Category Archives: Industrial Market

2015 Birmingham Industrial Market Review with Rich Vanchina, CCIM, SIOR

As Alabama’s economy continues to grow, 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 … Continue reading

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Industrial Real Estate By the Numbers

The commercial real estate industry is beginning to see some great progress, even some of the best numbers since the financial crisis began in 2007. As the economy continues to improve, investors are seeing a healthy performance across most property … 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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CCIM/NAIOP Central Alabama Market Symposium Recap

Last Friday, Southpace brokers attended the 21st Annual CCIM/NAIOP Central Alabama Commercial Market Symposium. Although the majority of downtown Birmingham lost power that morning, the speakers didn’t let the darkness deter them and the conference continued successfully. See below for a … Continue reading

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2013 Industrial Market Review with Rich Vanchina, CCIM, SIOR

After experiencing a relatively flat 2012, occupancy rates of industrial real estate increased slightly in Birmingham during the first three quarters of 2013. The overall occupancy rate of the 14.5 million SF of multi-tenant industrial space increased to approximately 84%. … Continue reading

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Birmingham Industrial Market in 2012

By Rich Vanchina, CCIM, SIOR After experiencing modest gains in 2011, occupancy rates of industrial real estate stayed flat in Birmingham during the first three quarters of 2012. The overall occupancy rate of the 16 million square feet of multi-tenant … Continue reading

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Owner occupied industrial buildings hot in Q3

By Rich Vanchina, CCIM, SIOR The 3rd quarter of 2012 has come and gone, so let’s take a look at what we saw in the industrial commercial real estate market. This quarter, we saw a negative absorption rate of 112,000-square-feet, … Continue reading

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Slight Improvement in the Second Quarter 2012 Industrial Market

By Rich Vanchina, CCIM, SIOR While none of the deals that have happened this year are exciting by themselves, it’s a pretty fair amount of market activity when combined. Deals are getting done to take available space off the market. … Continue reading

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