Southpace Properties Inc., a leading real estate firm specializing in commercial property services, is pleased to announce the appointment of Mike White as Vice President and Director of Property Management. Mike brings extensive experience in property management and a proven track record of success in the industry. Prior to joining Southpace, Mike served as the […]
Property Management
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 and maintenance fees?” So let’s break it down: Common area and maintenance fees are also referred to as CAM fees and go towards the operating […]
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 in their purchase of this property. Valley Bank will continue to operate their retail branch in the building. J&M Tank Lines will occupy the rest […]
3 Steps Commercial Property Owners Can Take to Avoid a Fire
The fire that damaged a significant portion of the Notre Dame Cathedral in Paris this April was truly devastating. The flames raged on for hours before first responders could get the fire under control. By then the damage was done; entire structural pieces and countless invaluable artifacts were lost. Unfortunately, owning and managing commercial properties […]
Commercial Real Estate PropTech 101
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 real estate vertical? PropTech. What is PropTech? While ConTech, or construction technology, specifically targets the building industry, PropTech (as its name implies) focuses specifically on […]
What To Look For In A Commercial Property Manager
Commercial real estate is a viable financial investment that requires constant attention. Maintaining the building and keeping up with everything that goes into successfully renting your space can quickly prove more than a full-time job, making it critical to partner with a reputable commercial property manager. A qualified commercial property manager will work hard […]
Doing the Next Right Thing with Donna Cox
Doing the next right thing… Sounds good, doesn’t it? But, how do we ensure that we are Doing the Next, Right Thing? I like to think it begins with a dedicated team of individuals coming together to implement the ultimate goal of serving our Clients and keeping their best interests at the forefront of […]
Southpace Property Manager Julie Gieger Awarded 2016 Certified Property Manager of the Year Award
Julie Gieger, CCIM, CPM was named “2016 Certified Property Manager of the Year” by the Alabama Chapter of the Institute of Real Estate Management (IREM). This award recognizes a real estate management professional for dedication in achieving management excellence and advancing the profession. Julie will also serve as Treasurer on the board of the Alabama […]
Back to the Basics of Property Management
By Gabrielle Keel, CPM, RPA By definition, Property Management is a “professional activity where one oversees the operation of a property, whether it is commercial, industrial, residential, multi-family or retail, where the property objectives are dictated by ownership.” Further peeling back the layers of this simplified, textbook definition, it goes on to include leasing, […]
IREM Makes Southpace Property Management Better
By Gabrielle Keel, CPM, Vice President, Southpace Property Management At Southpace, professional development of our people is a top priority. It’s why we implemented our Southpace Learning Series and why we have the state’s highest number of accredited CCIM brokers under one roof. The comparable organization for property management is the Institute of Real Estate Management (IREM).
