Now Open: Three New Great Clips

groupon-great-clips copyDon’t be surprised if the Southern part of Alabama starts looking better than its Northern counterpart soon. It’s only because they now have three new Great Clips locations that are NOW OPEN!

If you’re in need of a great haircut at a great price, then look no further than Southpace client Great Clips. It’s great for kids, great for parents, it’s great for the whole family! And with three new locations, you’re sure to find a Great Clips that is now open near you.

And for those of you looking to also make the most of your time, simply download the Great Clips Online Check-In app, select your nearest salon and set your appointment— you’ll be ready to look great in no time!

Auburn/Opelika

Bryan Holt represented Great Clips in the leasing of 1,200 SF at Tiger Town shopping center at 2484 Enterprise Drive in Opelika, Alabama.

Daphne/Mobile

Bryan Holt represented Great Clips in the leasing of 1,200 SF at Magnolia Place shopping center at 27955 Highway 98 in Daphne, Alabama. Holt also represented Great Clips in the leasing of 1,200 SF at McGowin Park shopping center at 3075 Government Boulevard in Mobile, Alabama.

The Importance of Revenue Per Square Foot for Retailers

Dunkin DonutsBy Southpace Broker Andrew Loveman, CCIM

As a broker with an emphasis in retail, I was interested by a recent article on YAHOO! Finance that took a deeper look into the importance of using revenue per square foot as a success measure. In particular, this article chose Darden Restaurants, Inc., a leading company in the United States with some of the most recognizable brands in the industry such as Olive Garden, Red Lobster and Seasons 52, as its primary example of illustrating why revenue per square foot is the best way to determine the success of each restaurant. The article also goes on to discuss this as to whether Darden should pursue another “premium” cost or “lower end” cost concept.

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