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Development

Macaroni Lofts Becoming A Reality

June 26, 2019

• Estimated completion date is Summer 2020 • Residential units will be available for pre-sale mid-July • 6,000 SF ground floor commercial space available Another development in the Parkside District… Read more

Commercial Real Estate PropTech 101

April 08, 2019

Like most industries, commercial real estate has been heavily impacted in recent years by the rapidly evolving nature of technology. One of the latest emerging innovation trends in the commercial… Read more

New Ideal Lofts Groundbreaking

March 28, 2019

Construction begins March 2019 on the New Ideal Lofts redevelopment The project is estimated to be completed Q1 2020. The New Ideal building is finally coming back to life after… Read more

How The “Retail Apocalypse” Is Changing Grocery Stores

February 23, 2019

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… Read more

Historic Tax Credits Increase Birmingham Real Estate Investments Demand

September 10, 2018

  Many national markets continue to emphasize a “newer is better” mentality. However, Birmingham and Alabama as a whole have placed a significant focus on investing in buildings with a… Read more

Key Ways Steel and Aluminum Tariffs May Impact Commercial Real Estate

June 08, 2018

  In March 2018, President Trump moved to mandate new tariffs on steel and aluminum. According to the administration, Trump’s decision to implement 10% aluminum and 25% steel tariffs was… Read more

Smart Buildings: What You Need To Know For Your Commercial Property

May 25, 2018

  The term “smart buildings” is trending in both residential and commercial real estate circles – but what does the phrase actually mean? While most of us understand some of… Read more

Meet the New Face at Southpace

March 21, 2016

Please join us in welcoming a new face to Southpace Properties! Kathy Okrongley joined Southpace in late February, bringing with her more than 25 years of experience in the real estate… Read more

Downtown Birmingham: Full Steam Ahead

September 16, 2015

As long-time downtown Birmingham enthusiasts, Southpace has been excited to see the many new development projects popping up all around our neighborhood in the past few years. The majority of… Read more

Working With Architects In Commercial Real Estate

June 19, 2012

By Rich Vanchina, CCIM, SIOR As commercial real estate brokers, we are often engaged by developers, investors, and end-users of commercial property to identify sites that they can either redevelop… Read more

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