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Economic news

Revenue per Square Foot: Still a Reliable Measure of Success?

July 26, 2019

First thing’s first, revenue per square foot is the amount of sales revenue received, divided by the amount of retail space the business occupies. When measuring retail profitability and the… Read more

Macaroni Lofts Becoming A Reality

June 26, 2019

• Estimated completion date is Summer 2020 • Residential units will be available this fall • 6,000 SF ground floor commercial space available Another development in the Parkside District is… Read more

Obtaining Financing For CRE Projects Part II: Understanding The Five C’s Of Credit

June 21, 2019

The five C’s of credit established a thorough system of checks and balances that weighs each component to gauge the potential for borrower default as well as the overall possible… Read more

Obtaining Financing For CRE Projects Part I: Partnering With Local Lenders

May 30, 2019

What To Know About Financing Your Commercial Real Estate Projects At Southpace Properties, our team of licensed and professional realtors doesn’t just know commercial real estate properties; we also have… Read more

What Effects Could The 2020 Presidential Election Have On CRE?

May 15, 2019

As hard as it may seem to believe, here in the U.S., we are on the cusp of yet another cycle of presidential campaigning. Prospective candidates are already tentatively dipping… Read more

Alabama Businesses Embrace CBD Oil Just Months After Farm Bill Law Update

April 16, 2019

The next potential commercial real estate gold rush is decidedly green – and many local businesses here in Birmingham, particularly those in the food, beverage, and hospitality industries are striking… Read more

5 Ways Millennials Are Redefining The Multifamily Housing Market

March 01, 2019

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… Read more

The Wellness Economy Is Taking Over The World (And Influencing CRE)

January 31, 2019

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… Read more

Opportunity Zones Program & Commercial Real Estate Investment

December 14, 2018

At this point, most of us have heard of the Tax Cuts and Jobs Act (TCJA). Passed in 2017 and touted as the most significant tax reform legislation in over… 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

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