Big Bad Breakfast is set to bring its renowned Southern-inspired menu to The Canopy at Oak Mountain, with plans to open in the Spring of 2025. This exciting new addition will join a growing list of popular tenants, including Taco Mac, Cahaba Cycles, and Mountain High Outfitters, further establishing the Canopy as a premier destination […]
Development
Luxury Car Enthusiast Community, Torque Motor Suites, to Debut Adjacent to Internationally Acclaimed Barber Motorsports Park
Southpace Properties is excited to announce our new and unique listing Torque Motor Suites, a groundbreaking development by Neyer Properties tailored for car enthusiasts seeking the ultimate in luxury, security, and convenience. Nestled adjacent to the prestigious Barber Motorsports Park, Torque Motor Suites offers unparalleled proximity to the racetrack, events, and amenities, redefining the automotive […]
Shop-Space-Per-Anchor Ratio: The Missing Metric
Quick. Think of a shopping center in your market where the anchor store does OK, but there is always vacancy in the center and the turnover has been constant since day one… There is a myriad of reasons why shopping centers underperform but I believe one reason is staring us in the face- shop-space-per-anchor ratio. […]
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 believe this is the beginning of a sea-change in store design. Simply being able to alter your menu and staffing to better accommodate take-out orders […]
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 the wildly successful Nexus Fitness in Homewood, AL. New Ideal Lofts is a redevelopment led by Southpace’s Kathy Okrongley and Michael Randman under New Ideal […]
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. It is 77 acres with more than 900,000 square feet of buildings perched high upon a ridge with great views of Mountain Brook. This site […]
Publix @ Tattersall Park Opening Soon; Inline Tenants Announced
Construction on the new Tattersall Park mixed-use development at the intersection of Highway 280 and Highway 119 is complete. Publix @ Tattersall Park grand opening is scheduled for 7:00 am, November 6th, 2019. Publix @ Tattersall Park will serve the Highway 280 and Highway 119 trade area, including the Brook Highland and Greystone communities. The […]
Investment Trend: Commercial Real Estate Investors Eyeing U.S. Senior Living Facilities
Over the past couple of years commercial real estate investors—especially private equity investors—have shown an increased interest in adding senior living facilities to their portfolios, for a wide range of reasons. Still, it’s important to note that not all senior living properties are created alike. From an investment standpoint, there are significant differences between standalone […]
Shipping Container Popularity On The Rise For Commercial Developments
Commercial real estate is an ever-evolving industry, continuously showcasing non-traditional and inventive ways for property owners to optimize return on their investments. One of the newest trends quickly gaining attention and momentum within the commercial real estate vertical? Shipping container developments. Shipping Containers Prove Viable Alternative for Entrepreneurs This growing phenomenon is precisely what it […]
Macaroni Lofts Becoming A Reality
• Construction is expected to begin in early 2021 • Residential units pre-sales are available now. Visit https://macaroni-lofts.com/ for more information on the individual units. • 6,000 SF ground floor commercial space available Another development in the Parkside District is moving forward! The city of Birmingham Design Review Committee approved the Macaroni Lofts design Wednesday […]
