Last week we were pretty excited to learn that two Southpace transactions landed on the Birmingham Business Journal’s top Commercial Real Estate Deals of the Year for 2014. You’ll find both of those deals below, plus the rest of the top 10 transactions our brokers facilitated in 2014.
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, he had five real offers for this well-located property that had a long lease term remaining. […]
Brokers and Employees Share Their Favorite Southpace Memories
Southpace celebrated 30 years in commercial real estate in 2014, so we asked some of our brokers and employees for their favorite Southpace memories. Here’s what they had to say.
Exclusive Use Rights for Office Real Estate?
By Blake Crowe, CCIM For those in commercial real estate, specifically retail real estate, you’re familiar with Exclusive Use Rights – a tenant can (and generally should) require a landlord to prohibit leasing space to another tenant selling the same product, or allow any other specified activities that could interfere with the success of their […]
10 Things You Need to Know About Retail
Last month while we were attending RECon, the global retail real estate convention in Las Vegas, OMNIPLAN Architects passed out this very insightful piece to event attendees. With great insight, we believe everyone in retail and retail real estate should be aware of these trends that are affecting our industry as we speak.
The 3 Basics of Successful Retail Leasing
Bob Young recently wrote an interesting piece in the Texas Real Estate Business magazine about how retail leasing is quickly evolving. While being highly respected in the industry, Young is Managing Director at The Weitzman Group and the 2009 President of the Retail Brokers Network, a group which Southpace is proud to be a […]
New Trend of 2014: Wealthy Private Investors
By Blake Thomas, Associate Broker Institutional capital isn’t the only capital driving investment sales up each year. Wealthy investors who typically invest in stocks and bonds seem to have a new outlook on commercial real estate. Private investors from families with a large amount of capital are jumping in on this new trend of commercial […]
Investors Ride The Wave In Secondary Markets, Including Birmingham
By Michael Randman, Southpace Broker According to Real Capital Analytics, investment sales surpassed $355 billion in 2013. That’s a 19 percent increase from the $299 billion in sales in 2012. What’s behind this boost in investment sales? As well described in this recent article, “Surf’s Up,” published in CCIM’s Commercial Investment Real Estate magazine, […]
Alabama CCIM Chapter Presents the John Lauriello Scholarship Award
We’re proud to announce that Southpace Properties Principal John Lauriello, CCIM was recently honored with a named endowment scholarship from the Alabama Chapter of the Certified Commercial Investment Member (CCIM) Institute. What will now be known as the John Lauriello Scholarship Award will provide $1,000 tuition assistance for a core class to an Alabama CCIM […]
Our Top 10 Deals in 2013
Over the course of a year, we complete a lot of transactions here at Southpace. However, there are always a few deals that stand above the rest. Below are the top 10 transactions our brokers facilitated in 2013.
