Blog
The 411 On CAM Charges or Common Area and Maintenance Charges
If you’ve been wondering what common area and maintenance fees are and what they cover, you’re not alone. A very common question about commercial leases is, “What are common area… Read more
Restaurants’ COVID Redesign May Be Here To Stay
Most brands have halted their development pipelines until they can see a definite end to the crisis. Many of our clients have adapted their operations to the new-normal, but I… Read more
Site Selection: Google Earth Isn’t Telling You The Whole Story
There is a major retail corridor in Alabama dotted with every major restaurant brand and retailer in the region. There are 90,000 vehicles per day, an interstate interchange, 6 million… Read more
Nexus Fitness Owner Opening Boutique Fitness Concept at New Ideal Lofts
New Ideal Lofts has announced that the 3,500-square-foot ground floor commercial portion of the project has been leased to X⁴ – a new gym concept by Chris Wade, owner of… Read more
Former Trinity Hospital Campus Purchase from a Broker’s Perspective
Written by Bryan Holt The former Trinity Hospital sits on a beautiful wooded campus just 7 minutes from downtown Birmingham and on the edge of the wealthiest community in Alabama.… Read more
How You Can Support Local Businesses During The COVID-19 Pandemic
Now more than ever, our community small business owners need our support during these challenging times of the COVID-19 Pandemic. A lot of wonderful initiatives have been created in an… Read more
COVID-19 Small Business Funding Programs & Resources
We have compiled a list of COVID-19 emergency funding programs and resources currently available on a local and national level for small businesses struggling with economics. This list will be… Read more
Historic Zinszer Building in Downtown Birmingham Sells
The historic Zinszer Building at 2117 2nd Avenue North in downtown Birmingham, AL has sold. John Lauriello and Blake Crowe of Southpace represented the seller and Jamie Justice with Colliers… Read more
Micro-Unit Multifamily- The Next Big CRE Investment Opportunity?
The U.S. is in the midst of a widespread, affordable housing crisis that, in many ways, is reshaping and redefining the American dream. Recent reports reveal that almost two-thirds of… Read more
Valley Bank Branch Building Involved in Sale/Lease Back Transaction
The Valley Bank building at 1100 Corporate Parkway off of Highway 280 in Birmingham, AL sold recently in a sale/lease back transaction. Southpace’s Blake Crowe represented the buyer, Sumerford Holding’s… Read more
