Tillable, a new digital platform, is changing the agronomy game, both for growers and investors throughout the U.S. Similar in design to the vacation home rental model, Tillable helps solves a two-prong issue that’s rampant throughout the country’s $32 billion farmland rental vertical: For landowners, the site helps investors both effectively promote and earn fair […]
5 Ways Millennials Are Redefining The Multifamily Housing Market
As the 2nd largest living adult generation in the U.S. (with numbers just under 72 million), millennials have come of age and officially proven themselves a force to reckon with when it comes to, well, pretty much everything. Born sometime in the early 1980s through the early 2000s (hence the “millennial” moniker), this generation often […]
Former Southside Wells Fargo Building Closes
The former Southside Wells Fargo building located at 2401 6th Avenue South sold yesterday (2/28/2019). John Lauriello and Blake Crowe brokered the transaction for the 16,000 square foot building which sits on approximately 57,000 square feet land. Wells Fargo will continue to operate an ATM on-site. Plans for the building and lot are being considered […]
Meet Southpace’s Newest Broker – Elbert Boothby
Southpace would like to welcome our newest Associate Broker, Elbert Boothby to the team! Elbert specializes in office, medical and retail landlord and tenant representation. He brings with him experience in commercial brokerage, property management, and finances, which enables him to see the multiple angles of a transaction. Additionally, his vast experience in multifamily and Home […]
How The “Retail Apocalypse” Is Changing Grocery Stores
The process of how we purchase food is evolving at a rampant pace. Over the past several years, Amazon, Walmart, and other front-running influencers have brought home delivery, literally, to the market’s doorsteps. However, smaller grocery models, unable to keep up with industry giants, have been forced to “wait and see”, while large grocery enterprises continue […]
The Wellness Economy Is Taking Over The World (And Influencing CRE)
Most people equate “wellness” with a lifestyle; a term associated with holistic health choices that impact our overall physical, mental, spiritual, emotional, and social well-being. However, recent commercial trends have transformed the concept of wellness into more than mere personal life practices. The last few years have brought with it a meteoric rise in the […]
Finding Commercial Real Estate Opportunity Amidst Supercenter Disruption
In case you haven’t heard, the U.S. is in the midst of a seismic shift that’s resonating throughout the retail industry. The ever-increasing upswing in online shopping, changing consumer demographics, fluctuating buyer preferences, and an industry-wide proclivity for downsizing, has created a perfect storm that’s indiscriminately wiped up stores of every size and scope. Perhaps […]
Alyssa Waters Joins Southpace
Southpace is excited to welcome Alyssa Waters as our newest Associate Broker! A Birmingham native and Samford alum, Alyssa is passionate about local businesses and the grass roots movement that is reshaping the Birmingham metro – a movement she is excited to play a part in. Alyssa brings with her 5 years of experience in […]
Self-Storage: Facts Behind The Booming Commercial Real Estate Trend
Do you feel like self-storage facilities are popping up, well, everywhere? It’s not your imagination. Commercial real estate investors and corporate entrepreneurs, fascinated by the relatively simplistic industry business model, are purchasing and constructing self-storage properties at a record pace. Initially scoffed at by financiers and real estate professionals as a risky business venture (why […]
Is This The End Of The Open Office Concept?
As we launch into 2019, many commercial property landlords find themselves analyzing which building trends to keep…and which ones to eliminate from their business plan altogether. One popular fad that may be on its way out in 2019? The open workstation concept. First launched in the 1960s, the open floor plan gained significant momentum in […]
