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The 411 On CAM Charges or Common Area and Maintenance Charges

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The 411 On CAM Charges or Common Area and Maintenance Charges

August 05, 2020

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… Read more

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We are thrilled to share that Mike White, Vice President & Director of Property Management, has recently obtained his Certified Property Manager (CPM) certification from the Institute of Real Estate Management (IREM)!

Earning this prestigious designation signifies Mike's high level of expertise and professionalism in property management. It reflects his comprehensive understanding of property management principles and practices, including financial operations, marketing, and maintenance. The rigorous certification process involves extensive coursework, exams, and experience requirements.

Mike’s commitment to ethical standards, continuing education, and effective property management has been recognized with this certification, enhancing his credibility and career prospects in the real estate industry.

Congratulations, Mike, on this achievement! 🎉👏

#Southpace #CPM #IREM #PropertyManagement #CertifiedPropertyManager #RealEstateManagement #bhamcre #bhamalabama #commercialrealestate #bhamrealestate #propertyexperts #realestatemanagement

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We had a great time at the 2nd Annual Charity Cornhole Tournament last week! A huge congratulations to Southpace's Cooper Cross and his teammate Jordan Weaver of Ironvest Partners for bringing home the Tin Cup Trophy! 🏆👏

We’re also excited to celebrate Patrick Sullivan and Stephanie Hill, who were among the 10 individuals awarded scholarships by CCIM to pursue their CCIM designation. 🌟📚

We're proud of our team and grateful to be part of such a fantastic organization. Looking forward to more opportunities to give back and have fun together!

#Southpace #CharityEvent #CornholeTournament #CCIM #Scholarships #RealEstateExcellence #CommunityEngagement #cre #birminghamcre #commercialrealestate #bhamalrealestate #realestateinvesting #InvestmentProperty

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🌟 Exciting news! 🎉

Children's of Alabama's new Pediatric West-Hueytown location is now open! This new location will improve the quality of life for Hueytown and the surrounding community. A big shoutout to John Lauriello and Blake Crowe for their incredible work in finding the perfect spot for this new practice.

Want to learn more about finding the right location for your business? DM us to connect with our commercial real estate experts! 🏢✨ #Hueytown #ChildrensOfAlabama #PediatricCare #cre #commercialrealestatebroker #southpace #commercialrealestate #retailrealestate #business #donedeal #retailbrokersnetwork #birminghamcre

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🌟 𝐌𝐞𝐞𝐭 𝐭𝐡𝐞 𝐓𝐞𝐚𝐦 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐒𝐞𝐫𝐢𝐞𝐬 🌟

Blake Thomas began his commercial real estate career with Southpace in 2013, specializing in retail real estate and tenant representation. His expertise includes market analysis, site selection, lease negotiation, and strategic planning, with a transaction volume exceeding $76M.

Recognized as one of Southpace’s Top 5 Producers from 2016 through 2024, Blake has also received the CoStar Power Broker award in 2016 and 2018. Additionally, he was named one of Birmingham’s Rising Stars of Real Estate and Construction by the Birmingham Business Journal in 2018 and 2019.

Kudos to Blake for his outstanding achievements and dedication! To speak with our experts, DM us. For more information about Blake Thomas and our team, click the link in our bio. #RealEstate #RetailExpert #realestatebrokers #cre #commercialrealestatebroker #birminghamcre #southpace #commercialrealestate #bhamalrealestate #tenantrep #tenantrepresentation #retailrealestate #realestateinvesting #investmentproperty

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On this Fourth of July, let's reflect on freedom not as the right to do as we please, but as the opportunity to do what is right. Your Southpace family wishes you a holiday be filled with cheers and blessings. Happy Independence Day! 🇺🇸🎆
#birminghamrealestate #inbirmingham #july4th #commercialrealestate #commercialrealestatebroker #freedom #independenceday #investmentproperty

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Recently, we shared a bittersweet celebration for Sharon Gladney’s retirement from Southpace after nearly 25 years. She was a key part of our accounting department, managing our accounts payable and ensuring our clients and Southpace were always well taken care of. Sharon’s expertise and dedication will be greatly missed. We are deeply grateful for her contributions and wish her all the best in her retirement. #retirementcelebration #accountingexpert #gratitudepost #commercialrealestate #investmentproperty #birminghamrealestate #employeeappreciation #southpace #commercialrealestatebroker

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We are proud to call Chipotle one of our clients! Over our 15+ year partnership, Bryan Holt and Sam Centeno have refined their expertise in efficiently managing their external processes. At Southpace, we excel in streamlining store site identification/selection for our clients. Our dedication to understanding their needs delivers reliable outcomes, ensuring a smooth store development experience. We appreciate the chance to support our clients in achieving their goals. #commercialrealestate #southpace #investmentproperty #birminghamrealesate #cre #clienttestimonials #commercialrealestatebroker #southpace #retailrealestate #business #donedeal #realestate #clientreviews

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Southpace recently participated in the Community Food Bank of Central Alabama's summer food drive! Our team collected food donations over the course of two weeks as well as volunteered onsite. Together we packed 7 pallets with 420 boxes, providing 8,750 meals for families and children in need this summer.

A big thanks to all who supported and made this event a success! #BetterTogether #FeedingAL #Southpace #CRE #HungerAwareness #FightHunger #EndHunger #feedingamerica #birminghamrealestate #commercialleasing #commercialrealestate #commercialrealestatebroker

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🌟 𝐌𝐞𝐞𝐭 𝐭𝐡𝐞 𝐓𝐞𝐚𝐦 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐒𝐞𝐫𝐢𝐞𝐬 🌟

Meet Steve Lazarus, an integral part of Southpace since 2004, bringing a wealth of expertise in public and private accounting, along with extensive experience in multi-family real estate investment and operations. His specialization lies in multi-family sales and investments, supported by a solid foundation from the University of Alabama, where he earned his bachelor’s degree.

Throughout Steve's career, he has consistently excelled, achieving recognition in Southpace’s Top 5 Producers in 2008, 2019, and 2021. He was also honored in 2007 and 2008 as part of the Commercial Million Dollar Sales Club, was inducted into the Commercial Sales Achievement Club in 2009, and was recognized as a New Life Member in the Commercial Sales Achievement Club in 2011.

Swipe left to get to know more about Steve! #commercialrealestate #CRE #Southpace #commercialleasing #birminghamrealestate #investmentproperty #commercialrealestatebroker #commercialproperty #realestateinvestors #commercialbrokerage #commercialinvestment #realestateinvesting

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📢 Exciting Announcement! 🌟

Southpace is thrilled to introduce our new and unique listing, Torque Motor Suites, a groundbreaking $40M development by Neyer Properties designed for car enthusiasts seeking luxury, security, and convenience. Located next to the prestigious Barber Motorsports Park, Torque Motor Suites offers a unique opportunity for car lovers to store and enjoy their prized vehicles in a vibrant community.

🏎️ Key Features:
• Customizable units tailored to your style and needs.
• Secure gated community with a focus on car racing and collecting.
• Flexible design with options to combine units.
• Anticipated completion by mid-2025.
• Exclusive clubhouse access and more.

Credit to CCR Architecture & Interiors for the renderings.

For more details, visit our listing or contact Michael Randman or Blake Thomas.
🔗 https://southpace.com/torque-motor-suites-grand-river/

Join us in this exciting venture and redefine your automotive lifestyle! #TorqueMotorSuites #Southpace #CarEnthusiasts #LuxuryLiving #SouthpaceProperties #NeyerProperties #AutomotiveStorage #commercialrealestate #investmentproperty #birminghamrealestate #commercialrealestatebroker

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In Support of the Community Food Bank of Central Alabama, Southpace is holding a food drive from June 3rd through 14th to collect food items for the organization's Summer Meals program. If you would like to participate by donating food items, you can drop them off in the Title Building lobby located at 300 Richard Arrington Jr Blvd N, Birmingham, AL 35203 between the hours of 7:30 and 5:30 Monday through Friday.

Summer Meals provides free, healthy meals to children under the age of 18 during the summer when school is not in session. The Community Food Bank of Central Alabama serves 12 counties across central Alabama, partnering with a network of over 350 community partners.

Please see the list of requested items below.
Canned Meat
Canned Vegetables
Canned Fruit Or Applesauce
Canned or Boxed Meals (Chef Boyardee, Beef Stew, Etc.)
Boxed Mac & Cheese
Potato Flakes
Peanut Butter & Other Nut Butters
Canned or Dried Beans, Peas, Lentils, Etc.
Pasta, Rice, Quinoa (Or Other Healthy Carbohydrates)
Breakfast Cereal, Oatmeal, Grits (And Other Breakfast Foods)
100% Fruit Juice (Canned, Plastic Bottles Or Boxes)
Shelf Stable Milk (Dairy Or Non-Dairy Alternatives Such As Oat, Almond, Coconut, Etc.)
Cooking Oils
Flour
Sugar

Please Avoid: Sodas, Candy, Junk Food, Alcoholic Beverages, Homemade Items, Open/Used Items, Items In Glass Containers Or Perishable Products.

#BetterTogether #FeedingAL #Southpace #CRE #HungerAwareness #FightHunger #EndHunger #feedingamerica #birminghamrealestate #commercialleasing #commercialrealestate #commercialrealestatebroker #investmentproperty

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On this Memorial Day, we come together to honor the courageous heroes who made the ultimate sacrifice for our cherished freedom. It is a time to reflect and express our deep gratitude to those who selflessly gave their lives. Let us unite in commemorating their selflessness and acknowledging their unwavering bravery. #MemorialDay 🇺🇸