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Net Lease Market Still Hot

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Net Lease Market Still Hot

April 23, 2013

By Michael Randman, Southpace Broker During the first quarter of 2013, cap rates for the single tenant net leased market remained near historic lows for the retail, office and industrial… Read more

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Torque Motor Suites hosted their first open house at their model unit in Blue Ash, Cincinnati, and it was a huge success. Attendees got a first look at the space, experiencing the vision come to life with the model's design and features.

Birmingham, you might be next! Stay tuned for more updates as we get ready to bring the @torque_suites experience to Birmingham. For those interested or wanting more information, please contact Michael Randman or Blake Thomas

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Happy Thanksgiving from our Southpace family to yours. Wishing you and your loved ones a season filled with safety, happiness, and joy! 🦃

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Meet Emily! Emily joined Southpace Properties in October 2024, bringing expertise in document control, office administration, and project support. She’s skilled at ensuring smooth operations and compliance with industry standards.

She graduated from the University of Alabama, where she was part of the Million Dollar Band's color guard. Outside of work, Emily enjoys running, reading, baking, and spending time with her three cats: Debra Champagne, Penguin, and Spicy Betty.

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We kicked off the holiday season with an amazing Thanksgiving potluck at Southpace! Great food, even better company, and a whole lot of gratitude for our amazing team. Thanks to everyone who brought a dish to share—here’s to celebrating the season together! 🦃🍁

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Recent Deal Highlights!

Huge congratulations to our team for wrapping up some fantastic deals!

Congrats to Alex Benson for securing a 1,300 SF location to bring Wingstop to Helena! Alex served as the tenant rep for this exciting new addition.

Alyssa and Stephanie successfully leased a 1,495 SF space in Homewood, welcoming Ann James Hair Co. to the area. Great work as the Landlord Reps!

Blake Thomas teamed up with Claude Tindle from Longleaf Realty to close the sale of a 25,580 SF industrial warehouse in Moody, representing the seller.

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This Veterans Day, we honor all who have served and protected our country, including Southpace’s own heroes—Mike White, John Patterson, and Blake Pollard. Thank you for your service.

#veteransday

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Meet Isabella! Isabella joined Southpace in July 2024 as our Retail Coordinator, bringing a background in Marketing, Real Estate, and Sales from The University of Alabama, where she graduated with honors.

Originally from Houston, TX, she is passionate about teamwork and building meaningful relationships as she begins her career. Eager to learn and grow in the industry, Isabella values hands-on learning. In her spare time, she enjoys traveling, cooking, exploring new restaurants, and discovering new experiences with friends.

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Garrett Laurie of Southpace Properties successfully represented the seller in the disposition of Greenville Business Complex, a 6,050 SF retail center situated on 1.57 acres. Congrats to all involved!

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Big Bad Breakfast (BBB) is set to open at The Canopy at Oak Mountain in Spring 2025! Joining favorites like Taco Mac and Cahaba Cycles, BBB will be an exciting addition to Pelham’s expanding dining and shopping hub. Click the link in our bio to read our newsletter about this exciting announcement.

Retail space is still available at The Canopy—contact Stephanie Hill or Alyssa Waters for details.

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Meet Andrew! Andrew just joined Southpace Properties as an Associate Broker, bringing in over a year of experience in the industry.

He graduated from The University of Alabama with a degree in Business Management and a focus on Entrepreneurship and Real Estate. Andrew is actively involved with the Alabama CCIM Chapter and ICSC. His focus is on retail tenant representation, working with top retail brands alongside Tyler Bradford. He’s eager to grow within the industry and build meaningful connections along the way.

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We had an incredible time at the CREW Golf Tournament this past Monday! The Southpace team brought home 1st place, and we couldn’t be prouder of them for showing up and showing out!