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Historic Tax Credits Increase Birmingham Real Estate Investments Demand

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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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Done Deal Alert! Patrick Sullivan of Southpace Properties successfully represented the seller in the acquisition of an H&E Equipment Rental investment property located in Madison, Alabama. The deal encompassed a 17,500 square foot building on 5 acres of land.

Special thanks to the brokers who brought the 1031 exchange buyer to the table: Mike Powers of Candler Company and Spencer Henderson of B+E.

#donedeal #1031exchange #investmentsales

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On this 23rd anniversary of the 9/11 attacks, we pause to honor the lives lost and the countless others forever impacted. Today, we remember the resilience, strength, and unity that rose from tragedy. Let their memory inspire us to uphold unity and peace.

#NeverForget

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Southpace has been busy this summer with the addition of five new members joining the Southpace Team!

Tyler Bradford joins us as a Director, bringing valuable leadership experience and strategic management. Nicole Predhomme, with her strong background in managing diverse portfolios, will be one of our new Property Managers, while Alex Holt, who is new to property management, brings a fresh perspective and eagerness to learn in his new role. Andrew Collat steps in as an Associate Broker, eager to expand our client relationships and drive success. Isabella Amezquita joins us as our Retail Coordinator, bringing a fresh and organized perspective to supporting the retail team.

Please join us in welcoming them to the Southpace Family! We are excited about their arrival and look forward to their contributions. Stay tuned over the next few weeks to learn more about our new team members!

#NewHires #HereWeGrowAgain #commercialrealestate

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Last weekend, the Southpace team got together for a Low Country Boil, graciously hosted by Bryan and Lynn Holt. It was a perfect day spent with colleagues and family, enjoying great food and even better company. Here’s to the shared moments that make our team stronger! 🦐🌽🍻

#southpace #teambuilding

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John Lauriello of Southpace Properties has been instrumental in transforming Birmingham's City Center. With deep commitment to preserving historic buildings, like the Clark Building, he has turned derelict structures into vibrant landmarks. Mac Moorer, a retired attorney and former Operation New Birmingham (ONB) Chair, vividly contrasts the once deserted downtown of 1981 with today's bustling scene, brimming with life and energy.

Check out the recent Comeback Town article written by guest columnist Mac Moorer who reflects on the renaissance of downtown Birmingham and how it came to flourish today.

🔗 Read more: https://comebacktown.com/2024/07/21/mac-moorer/

#Southpace #BirminghamRevival #CityCenter #CommercialRealEstate #HistoricRestoration #BusinessOwners #CREInvestors #BirminghamAL #DowntownTransformation #LeadershipBirmingham

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🌟 𝐌𝐞𝐞𝐭 𝐭𝐡𝐞 𝐓𝐞𝐚𝐦 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐒𝐞𝐫𝐢𝐞𝐬 🌟

Meet Blair Boyer, our dedicated executive assistant who joined Southpace in August 2023. Blair is a proud graduate of the University of Alabama, holding a B.A. in Psychology and Political Science. With extensive experience in property management and lease administration, Blair has previously worked for two Birmingham-based commercial real estate companies and a healthcare real estate company in Chicago, where she earned the prestigious Rising Star in Healthcare CRE award.

Outside of work, Blair loves spending time with her friends, family, and her son, Hudson. She also enjoys traveling and actively fundraises for Children's of Alabama, the March of Dimes, and St. Jude Children's Research Hospital. Blair's commitment to her community extends to volunteer work at the Phoenix House Rehabilitation Centre and the Trussville Health & Wellness Center.

#MeetTheTeam #SouthpaceProperties #RealEstateExcellence #TeamSpotlight #RealEstate #RetailExpert #realestatebrokers #commercialrealestatebroker #birminghamcre #southpace #commercialrealestate #bhamalrealestate #tenantrep #tenantrepresentation #retailrealestate #realestateinvesting #investmentproperty #cre #excecutiveassistant

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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