Category Archives: Retail Market

Featured Property: Helena Crossings Shopping Center

This week’s featured property is a new retail development under way in Helena, Alabama. Located at the corner of Highway 17 & Helena Road, the Helena Crossings shopping center is in the heart of the Helena retail district and will … Continue reading

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Now Open: Twisted Root Burger Co. & Firehouse Subs

Southpace is proud to have helped Twisted Root Burger Co. and Firehouse Subs find their perfect location in the Birmingham area and we encourage you to pay them a visit, as they are “Now Open” for business! Twisted Root Burger … Continue reading

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Now Open: Jersey Mike’s Subs and Chipotle Mexican Grill

Now Open: Jersey Mike’s Subs and Chipotle Mexican Grill Southpace is proud to have helped Jersey Mike’s Subs and Chipotle Mexican Grill find their perfect location at the new Vestavia Commons shopping center and we encourage you to pay them … Continue reading

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2015 Birmingham Retail Market Review with David Ashford, CCIM

Retail real estate in Birmingham continued to improve in 2015, with lowering vacancy rates and tenants looking for creative ways to expand their footprint in the market. A lack of available space has caused a serious demand for new developments. … Continue reading

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The Benefits of a Network

We 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 … Continue reading

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Retail Market with David Ashford

“New Development” is a phrase we haven’t heard a lot in the last several years in the Birmingham market, however, times are changing. In 2014, the Birmingham retail market saw new tenants and restaurants, an increase in high-end grocers and … 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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Now Open: JJ Eyes Optical Boutique, Nothing Bundt Cakes & More

Southpace is proud to have helped placed the following businesses and we encourage you to visit them now that they’re officially open! It’s great to see so many new businesses expanding and opening their doors in new markets. 

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Now Open: Just Happy Hounds Doggie Daycare & More!

All around Birmingham, new places are opening up and bringing more people into the city. With more businesses coming in and the expected population growth, it’s an exciting time to be a business owner in the area. We’re proud to have … 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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